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333
FortWayneHatesRealtors
2025 Aug 24, 1:20pm
Fed signaled rate reduction, expect prices to go up.
Debt slavery is what America is ran on. Fucking government still backs 30 year mortgages.
Debt slavery is what America is ran on. Fucking government still backs 30 year mortgages.
334
AD
2025 Aug 24, 2:21pm
AD
2025 Aug 24, 2:21pm
Fortwaye says
yep, modern monetary theory and inflate out of a debt crisis
but also they want 2% annual inflation as the ideal setting to avoid people thinking we are in a deflationary spiral
people will just sit on sidelines waiting for prices to further drop such as for housing "assets'
the 2% annual inflation agenda of the central banks incentivizes (or coerces?) the people to not "wait it out" and to buy now
.
Fed signaled rate reduction, expect prices to go up.
Debt slavery is what America is ran on. Fucking government still backs 30 year mortgages.
yep, modern monetary theory and inflate out of a debt crisis
but also they want 2% annual inflation as the ideal setting to avoid people thinking we are in a deflationary spiral
people will just sit on sidelines waiting for prices to further drop such as for housing "assets'
the 2% annual inflation agenda of the central banks incentivizes (or coerces?) the people to not "wait it out" and to buy now
.
335
BigSky
2025 Aug 24, 8:03pm
WookieMan says
Uh, no. I would say Patnetters in general are doing well. Some are just wondering about the credibility of your bag of brag. You keep saying how you have been making bank for years, are rolling in dough now, and will be filthy rich when you retire. If you have so much loot, why do you now have kids sharing a room in a small house with two bathrooms? And why is your builder making you get a construction loan in the first place? Did he not trust that you had any money? When I bought a newly constructed house I did not have to pay for it until closing, which occurs after the house was built and had an occupancy permit. Same with everyone I know that bought new construction. The only folks I know that did construction loans are builders and self-contractors, as construction loans are a VERY expensive way to borrow. Of course, from your posts it seems that when when you say "construction loan" it means a loan using your mother's stocks as collateral. And your mom is helping you out by purchasing your old tiny house.
Here is what you area asking use to believe:
Your wife makes upwards of $650k per year yet you need a loan to construct a house. Why not use some of that $10,000 per week take home pay to fund the build as you go? After all, construction loans only pay the builder in stages, and then only after inspections and lien releases. Are we supposed to believe that all that salary goes directly into untouchable retirement accounts or pays for travel vacations? None of your massive cash over the years went into money market accounts, treasuries, or CDs? It would certainly be better to use this cash and lose 4% or so when a construction loan will cost at least twice that for interest alone, not including other fees and costs.
Starting to question that pat netters make little money. Tone of jealously lately in the comments.
Uh, no. I would say Patnetters in general are doing well. Some are just wondering about the credibility of your bag of brag. You keep saying how you have been making bank for years, are rolling in dough now, and will be filthy rich when you retire. If you have so much loot, why do you now have kids sharing a room in a small house with two bathrooms? And why is your builder making you get a construction loan in the first place? Did he not trust that you had any money? When I bought a newly constructed house I did not have to pay for it until closing, which occurs after the house was built and had an occupancy permit. Same with everyone I know that bought new construction. The only folks I know that did construction loans are builders and self-contractors, as construction loans are a VERY expensive way to borrow. Of course, from your posts it seems that when when you say "construction loan" it means a loan using your mother's stocks as collateral. And your mom is helping you out by purchasing your old tiny house.
Here is what you area asking use to believe:
Your wife makes upwards of $650k per year yet you need a loan to construct a house. Why not use some of that $10,000 per week take home pay to fund the build as you go? After all, construction loans only pay the builder in stages, and then only after inspections and lien releases. Are we supposed to believe that all that salary goes directly into untouchable retirement accounts or pays for travel vacations? None of your massive cash over the years went into money market accounts, treasuries, or CDs? It would certainly be better to use this cash and lose 4% or so when a construction loan will cost at least twice that for interest alone, not including other fees and costs.
337
MolotovCocktail
2025 Aug 25, 3:09pm
MolotovCocktail
2025 Aug 25, 3:09pm
WookieMan says
Made up in your head. "Calling Wookie out on his bullshit" = jealousy
Starting to question that pat netters make little money. Tone of jealously lately in the comments
Made up in your head. "Calling Wookie out on his bullshit" = jealousy
339
WookieMan
2025 Aug 31, 4:13am
WookieMan
2025 Aug 31, 4:13am
What does $1.4M'ish mean? Location and what it originally sold for not just ish? This isn't data or any relevant information. Looks like a 90's build with an old asphalt driveway. Don't know what it looks like on the inside, likely dated. Remember the 80's glass block phase in construction? Well that's what 90's builds look like, old.
MolotovCocktail says
Give actual data and not bullshit X posts. Links. Outside of one small phase of life, when everyone was eating crap, people have always been jealous of me, my family, my relatives, etc. I don't make anything up here. Just what I see in real life. Not what some jackass posted on X or facebook. I use verifiable data.
You troll a bunch of sites as a hobby. I don't know if you're a boomer or some unemployed person. What you posted above is of zero value or information. Never stated any skills you have. What you have is called an addiction. You troll everyone here and always have.
MolotovCocktail says
Made up in your head. "Calling Wookie out on his bullshit" = jealousy
Give actual data and not bullshit X posts. Links. Outside of one small phase of life, when everyone was eating crap, people have always been jealous of me, my family, my relatives, etc. I don't make anything up here. Just what I see in real life. Not what some jackass posted on X or facebook. I use verifiable data.
You troll a bunch of sites as a hobby. I don't know if you're a boomer or some unemployed person. What you posted above is of zero value or information. Never stated any skills you have. What you have is called an addiction. You troll everyone here and always have.
340
MolotovCocktail
2025 Aug 31, 9:02am
MolotovCocktail
2025 Aug 31, 9:02am
WookieMan says
Non sequitur. Has nothing to do with your 'jealousy' claims. Another problem you have.
WookieMan says
Again.
WookieMan says
You do all the time. You are doing it now.
WookieMan says
What's the title and subject of this thread? It's not the 'Everyone is jealous of WookieMan Thread'. But that's what you think it is.
builds look like, old.
MolotovCocktail says
Made up in your head. "Calling Wookie out on his bullshit" = jealousy
Give actual data and not bullshit X posts.
Non sequitur. Has nothing to do with your 'jealousy' claims. Another problem you have.
WookieMan says
have always been jealous of me, my family, my relatives
Again.
WookieMan says
I don't make anything up here.
You do all the time. You are doing it now.
WookieMan says
What you posted above is of zero value or information
What's the title and subject of this thread? It's not the 'Everyone is jealous of WookieMan Thread'. But that's what you think it is.
343
MolotovCocktail
2025 Aug 31, 12:26pm
MolotovCocktail
2025 Aug 31, 12:26pm
Glock-n-Load says
Not mine to post. That's someone else's post I was reposting. Main purpose: to definitely troll one of our Housing Experts of PatNet into posting something(s) stupid in response. Worked like a charm.
MolotovCocktail says
Why didn’t you post the addy?
Not mine to post. That's someone else's post I was reposting. Main purpose: to definitely troll one of our Housing Experts of PatNet into posting something(s) stupid in response. Worked like a charm.
345
Patrick
2025 Aug 31, 4:20pm
Patrick
2025 Aug 31, 4:20pm
@GNL
That's because you're ignoring the users who commented during that time. You can see them and unignore at:
https://patrick.net/edit_profile
That's because you're ignoring the users who commented during that time. You can see them and unignore at:
https://patrick.net/edit_profile
346
Glock-n-Load
2025 Aug 31, 6:24pm
Patrick says
For 7 days they were the only one that posted?
GNL
That's because you're ignoring the users who commented during that time. You can see them and unignore at:
https://patrick.net/edit_profile
For 7 days they were the only one that posted?
347
WookieMan
2025 Aug 31, 10:30pm
WookieMan
2025 Aug 31, 10:30pm
MolotovCocktail says
So it didn’t happen. You don’t post data. You’re jealous of what others have that you don’t. You then turn a discussion into an argument debate and semantics. Post a link or what you say is BS.
Glock-n-Load says
MolotovCocktail says
Why didn’t you post the addy?
Not mine to post. That's someone else's post I was reposting. Main purpose: to definitely troll one of our Housing Experts of PatNet into posting something(s) stupid in response. Worked like a charm.
So it didn’t happen. You don’t post data. You’re jealous of what others have that you don’t. You then turn a discussion into an argument debate and semantics. Post a link or what you say is BS.
348
MolotovCocktail
2025 Sep 1, 7:12am
MolotovCocktail
2025 Sep 1, 7:12am
WookieMan says
So once again your imaginary magical thinking takes over your brain.
So it didn’t happen
So once again your imaginary magical thinking takes over your brain.
349
MolotovCocktail
2025 Sep 1, 7:15am
MolotovCocktail
2025 Sep 1, 7:15am
WookieMan says
I do all the time. You just don't accept it. In this case you can look up the original post on your own, but don't want to.
WookieMan says
Nope. And that has nothing to do with whether or not something happened.
WookieMan says
Translation: I call out Wookie's 'expert' billshit.
WookieMan says
That's rich coming from you. You post BS all the time. ALSO AGAIN:
MolotovCocktail says
WookieMan says
You don’t post data
I do all the time. You just don't accept it. In this case you can look up the original post on your own, but don't want to.
WookieMan says
You’re jealous of what others have that you don’t.
Nope. And that has nothing to do with whether or not something happened.
WookieMan says
You then turn a discussion into an argument debate and semantics
Translation: I call out Wookie's 'expert' billshit.
WookieMan says
Post a link or what you say is BS.
That's rich coming from you. You post BS all the time. ALSO AGAIN:
MolotovCocktail says
In this case you can look up the original post on your own, but don't want to.
WookieMan says
350
MolotovCocktail
2025 Sep 1, 7:28am
MolotovCocktail
2025 Sep 1, 7:28am
GNL says
Curious. How is it you are you seeing them now?
Patrick, I'm missing about 6 day's worth of comments on this thread.
Curious. How is it you are you seeing them now?
351
WookieMan
2025 Sep 1, 9:21am
WookieMan
2025 Sep 1, 9:21am
MolotovCocktail says
When what is posted has nothing, why would one look it up? That's a waste of time. The OP or commenter should have provided data. Opinions and anecdotal evidence are fine, but you claim things to be true without backing it up. Just screen shots from X and other memes and sites.
WookieMan says
You don’t post data
I do all the time. You just don't accept it. In this case you can look up the original post on your own, but don't want to.
When what is posted has nothing, why would one look it up? That's a waste of time. The OP or commenter should have provided data. Opinions and anecdotal evidence are fine, but you claim things to be true without backing it up. Just screen shots from X and other memes and sites.
352
MolotovCocktail
2025 Sep 1, 9:25am
MolotovCocktail
2025 Sep 1, 9:25am
WookieMan says
Stop projecting.
WookieMan says
Just because you refuse to accept those doesn't mean I am not posting anything.
but you claim things to be true without backing it up
Stop projecting.
WookieMan says
Just screen shots from X and other memes and sites.
Just because you refuse to accept those doesn't mean I am not posting anything.
353
B.A.C.A.H.
2025 Sep 1, 1:53pm
B.A.C.A.H.
2025 Sep 1, 1:53pm
MolotovCocktail says
Jeez, Molotov, he always wants to add the last word.
It's (sadly) comical, if you think about it. Just Getalife, let it go and let him get in the last word.
Just because you refuse to accept those doesn't mean I am not posting anything.
Jeez, Molotov, he always wants to add the last word.
It's (sadly) comical, if you think about it. Just Getalife, let it go and let him get in the last word.
354
MolotovCocktail
2025 Sep 1, 2:48pm
MolotovCocktail
2025 Sep 1, 2:48pm
B.A.C.A.H. says
MolotovCocktail says
Just because you refuse to accept those doesn't mean I am not posting anything.
Jeez, Molotov, he always wants to add the last word.
It's (sadly) comical, if you think about it. Just Getalife, let it go and let him get in the last word.
356
Glock-n-Load
2025 Sep 1, 8:18pm
MolotovCocktail says
I only put Wookie on ignore. I can’t imagine he’s the only one who made a comment during those 7 days.
GNL says
Patrick, I'm missing about 6 day's worth of comments on this thread.
Curious. How is it you are you seeing them now?
I only put Wookie on ignore. I can’t imagine he’s the only one who made a comment during those 7 days.
358
WookieMan
2025 Sep 2, 10:54am
WookieMan
2025 Sep 2, 10:54am
WookieMan says
Shocker. No troll response yet. You're a burden to this site. Take that as you will. It hurts new user sign ups and getting different content.
MolotovCocktail says
Just because you refuse to accept those doesn't mean I am not posting anything.
You probably shouldn't post anything. If you could teach retardation you're the professor.
Shocker. No troll response yet. You're a burden to this site. Take that as you will. It hurts new user sign ups and getting different content.
359
MolotovCocktail
2025 Sep 2, 12:58pm
MolotovCocktail
2025 Sep 2, 12:58pm
Glock-n-Load says
When he gets triggered by people who challenge his 'expertise', he goes on the warpath.
See? https://patrick.net/comment?comment_id=2203752
I only put Wookie on ignore. I can’t imagine he’s the only one who made a comment during those 7 days.
When he gets triggered by people who challenge his 'expertise', he goes on the warpath.
See? https://patrick.net/comment?comment_id=2203752
360
MolotovCocktail
2025 Sep 2, 12:59pm
MolotovCocktail
2025 Sep 2, 12:59pm
WookieMan says
Translation: You can't stand having your bullshit exposed for what it truly is.
WookieMan says
MolotovCocktail says
Just because you refuse to accept those doesn't mean I am not posting anything.
You probably shouldn't post anything. If you could teach retardation you're the professor.
Shocker. No troll response yet. You're a burden to this site. Take that as you will. It hurts new user sign ups and getting different content.
Translation: You can't stand having your bullshit exposed for what it truly is.
361
AD
2025 Sep 2, 6:08pm
AD
2025 Sep 2, 6:08pm
.
Home prices will go down even in low mortgage rate environment if the job market sours a lot.
https://www.woodtv.com/news/nexstar-media-wire/pessimism-about-economy-at-record-highs-in-new-survey/
https://www.reuters.com/business/us-manufacturing-contracts-sixth-straight-month-amid-tariff-drag-2025-09-02/
https://observer.com/2025/07/ai-fueled-layoffs-creep-across-silicon-valley/
https://www.sfchronicle.com/tech/article/cisco-oracle-layoffs-bay-area-20824135.php
.
Home prices will go down even in low mortgage rate environment if the job market sours a lot.
https://www.woodtv.com/news/nexstar-media-wire/pessimism-about-economy-at-record-highs-in-new-survey/
https://www.reuters.com/business/us-manufacturing-contracts-sixth-straight-month-amid-tariff-drag-2025-09-02/
https://observer.com/2025/07/ai-fueled-layoffs-creep-across-silicon-valley/
https://www.sfchronicle.com/tech/article/cisco-oracle-layoffs-bay-area-20824135.php
.
362
AD
2025 Sep 2, 6:26pm
AD
2025 Sep 2, 6:26pm
MolotovCocktail says
.
There is no lack of nationwide inventory with 9.2 months of supply and rents going down in Panama City Beach where a 3 bedroom 2 car garage rents for $2000.
Still no new construction after RD Offutt cleared the land for its Hathaway Luxury Apartments (about a mile west of Hathaway Bridge) last year.
https://fred.stlouisfed.org/series/MSACSR
Maybe Trump going to offer vouchers to working class to help with rent or mortgage payments, which subsidizes the private equity firms that own apartments and single family homes.
Notice the default rate for multi-family mortgage backed securities is around 7% as recently reported by the Wolfman at Wolf Street website.
.
.
There is no lack of nationwide inventory with 9.2 months of supply and rents going down in Panama City Beach where a 3 bedroom 2 car garage rents for $2000.
Still no new construction after RD Offutt cleared the land for its Hathaway Luxury Apartments (about a mile west of Hathaway Bridge) last year.
https://fred.stlouisfed.org/series/MSACSR
Maybe Trump going to offer vouchers to working class to help with rent or mortgage payments, which subsidizes the private equity firms that own apartments and single family homes.
Notice the default rate for multi-family mortgage backed securities is around 7% as recently reported by the Wolfman at Wolf Street website.
.
363
AD
2025 Sep 2, 7:51pm
AD
2025 Sep 2, 7:51pm
.
If this story becomes more commonplace think about the impact on housing prices (as well as rent prices) especially middle and upper class zip codes ?
what happens in San Fran Bay Area and Silicon Valley with a lot of layoffs and no foreign buyers ?
https://www.businessinsider.com/former-microsoft-worker-job-hunt-money-struggles-2025-9
Before he was fired last December, Mody Khan was earning a six-figure salary as a cloud solution architect at Microsoft. Nine months into his job search, he's at risk of losing his home.
.
If this story becomes more commonplace think about the impact on housing prices (as well as rent prices) especially middle and upper class zip codes ?
what happens in San Fran Bay Area and Silicon Valley with a lot of layoffs and no foreign buyers ?
https://www.businessinsider.com/former-microsoft-worker-job-hunt-money-struggles-2025-9
Before he was fired last December, Mody Khan was earning a six-figure salary as a cloud solution architect at Microsoft. Nine months into his job search, he's at risk of losing his home.
.
365
AD
2025 Sep 2, 9:12pm
AD
2025 Sep 2, 9:12pm
Another way Trump can act is not bail out the private equity firms that own apartments and houses, but to lower the lending standards like allow a large debt to income ratio for mortgagees, in addition to giving home purchase vouchers (or tax credits) to the working class.
366
ForcedTQ
2025 Sep 2, 9:42pm
Allowing large debt to income ratios to purchase housing will just lead more people who are absolutely shitty at managing money to be That much closer to impending foreclosure. Not a good thing to do for the people needing housing nor the communities it happens in. It will just enrich the FIRE economy that feeds on the churn….
367
SunnyvaleCA
2025 Sep 3, 1:56am
DemoralizerOfPanicans says
The Zestimate™ for 641 Castlewood Ln, Deerfield, IL 60015 is $665k now! Guess it's in a pretty good location.
https://www.zillow.com/homedetails/641-Castlewood-Ln-Deerfield-IL-60015/4912314_zpid/
What creates affordability? When the 1979 Al Bundy Special goes from $400k to $300k, without the rate changing at all. $2200 is a lot more affordable than $2800
The Zestimate™ for 641 Castlewood Ln, Deerfield, IL 60015 is $665k now! Guess it's in a pretty good location.
https://www.zillow.com/homedetails/641-Castlewood-Ln-Deerfield-IL-60015/4912314_zpid/
368
WookieMan
2025 Sep 3, 4:04am
WookieMan
2025 Sep 3, 4:04am
SunnyvaleCA says
Deerfield is a wealthy suburb north of Chicago. A lot of Jews and athletes with $$$$. Chicago Bulls had their training center there during the Jordan years, Berto Center. Metra train line with commuting hour rides of only 47 minutes which would take 2 hours driving most days to get downtown. Lake Forest just to the north has the Bears practice facility, but a lot of those guy and staff live in Deerfield because it's closer to the highway downtown, plus it's cheaper than Lake Forest.
Not as high as New York, but north Chicagoland suburbs has a boatload of Jews. This where the more blue collar lives or low level white collar people live. https://www.zillow.com/home-values/20514/skokie-il/
Still close to the city. A two income home is affordable if going by the 3X income to price metric. If two people can make $60-70k each, owning is not out of reach at all at $350-400k.
The IL problem is that $350-400k home will probably hit you up for $9K roughly in property taxes annually. Nice thing is unless you need flood insurance, we have some of the cheapest rates for insurance. A hail storm and new roof is about 90% of the claims here. And for the one troll lately (not you Sunny), State Farm and All State headquarters are located here. I know plenty of employees and agents. I'm not making things up.
The Zestimate™ for 641 Castlewood Ln, Deerfield, IL 60015 is $665k now! Guess it's in a pretty good location.
Deerfield is a wealthy suburb north of Chicago. A lot of Jews and athletes with $$$$. Chicago Bulls had their training center there during the Jordan years, Berto Center. Metra train line with commuting hour rides of only 47 minutes which would take 2 hours driving most days to get downtown. Lake Forest just to the north has the Bears practice facility, but a lot of those guy and staff live in Deerfield because it's closer to the highway downtown, plus it's cheaper than Lake Forest.
Not as high as New York, but north Chicagoland suburbs has a boatload of Jews. This where the more blue collar lives or low level white collar people live. https://www.zillow.com/home-values/20514/skokie-il/
Still close to the city. A two income home is affordable if going by the 3X income to price metric. If two people can make $60-70k each, owning is not out of reach at all at $350-400k.
The IL problem is that $350-400k home will probably hit you up for $9K roughly in property taxes annually. Nice thing is unless you need flood insurance, we have some of the cheapest rates for insurance. A hail storm and new roof is about 90% of the claims here. And for the one troll lately (not you Sunny), State Farm and All State headquarters are located here. I know plenty of employees and agents. I'm not making things up.
370
WookieMan
2025 Sep 3, 10:17am
WookieMan
2025 Sep 3, 10:17am
MolotovCocktail says
Cool. You trust a woman that looks like that?? For real? Then trust another random that name drops people no one knows. I think you're losing it dude. Show me, links, where this crash is coming? Hell even the hipster and coastal areas are not that bad. It's a modest drop. No one is going broke.
https://x.com/m3_melody/status/1963213700426338433
Cool. You trust a woman that looks like that?? For real? Then trust another random that name drops people no one knows. I think you're losing it dude. Show me, links, where this crash is coming? Hell even the hipster and coastal areas are not that bad. It's a modest drop. No one is going broke.
371
WookieMan
2025 Sep 3, 10:26am
WookieMan
2025 Sep 3, 10:26am
Surprised at the link to an image. I guess progress takes time. Still no proof besides a crazy looking chick that knows about nothing housing related. Lending is a business contract. Don't pay, you lose the house. Not complicated. No emotions.
And she's bat shit crazy that lenders won't do modifications. They will. They learned from 2008ish. Costs them more to foreclose instead of getting a payment every other month in the first 1-3 years. After that, foreclose. They got their amortized payment and at least broke even. The house would have to go down 20-30% for them to legit lose.
And she's bat shit crazy that lenders won't do modifications. They will. They learned from 2008ish. Costs them more to foreclose instead of getting a payment every other month in the first 1-3 years. After that, foreclose. They got their amortized payment and at least broke even. The house would have to go down 20-30% for them to legit lose.
372
HeadSet
2025 Sep 3, 12:40pm
HeadSet
2025 Sep 3, 12:40pm
WookieMan says
A bigger issue than "cost to foreclose" is mark-to-market. In 2008, prices declined and turning a $450k loan asset into a $375k REO asset would mean less reserves and thus less ability to make future loans. If prices do not decline in today's market, and someone who bought 4 years ago and now defaults on a $450k balance on a home worth $475k (job loss or death of breadwinner), the bank will likely foreclose. It would seem that the bank would try loan modification like extend the term but increase the rate but still wind up with a lower payment. I have never seen that happen, though. It would also seem that when a bank does foreclose and acquires an REO, they would let a well-qualified buyer assume the loan. I never saw that, either.
They learned from 2008ish. Costs them more to foreclose
A bigger issue than "cost to foreclose" is mark-to-market. In 2008, prices declined and turning a $450k loan asset into a $375k REO asset would mean less reserves and thus less ability to make future loans. If prices do not decline in today's market, and someone who bought 4 years ago and now defaults on a $450k balance on a home worth $475k (job loss or death of breadwinner), the bank will likely foreclose. It would seem that the bank would try loan modification like extend the term but increase the rate but still wind up with a lower payment. I have never seen that happen, though. It would also seem that when a bank does foreclose and acquires an REO, they would let a well-qualified buyer assume the loan. I never saw that, either.
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So the only way to decrease real prices is to decrease demand, and the only way to do that is to kick out all illegal immigrants and anchor babies. Will Trump do this? Almost certainly not. Even with control over all three branches of the government, the Republicans are not going to get rid of all the illegals who are driving up housing prices and social welfare costs. I wish that I was wrong about this, but I'm not.
The United States population reached 200 million on November 20, 1967. If there was no net migration, then the U.S. population have stabilized to about 220 million. Instead, the population is 335 million. This is why housing is so expensive. This is why rent is so damn high. This is why the younger generations cannot afford to have children. This is why the only way to keep the population from falling is to import massive numbers of unskilled, uneducated, and often criminal immigrants. Both parties are responsible for this: democrats for importing voters and republicans for importing farm laborers. Both parties want cheap labor.
When you import massive numbers of low-iq, low-skill workers, your per capital GDP declines relative to where it would have been otherwise. Yes, technological advancements mask this because technology increases GDP faster than low-skill immigration decreases it, but most of those gains don't get seen by the middle class.
Since both parties, and their corporate overlords, are benefiting from the current system, immigration will continue and housing prices will also continue to rise. I suppose I shouldn't care since I own and have a 2.25% mortgage that is being eaten away by inflation, but anyone young enough that they having bought already is fucked.