We can't blame millenials for nor buying a house.

>>130114258

houses are extremely affordable, but nobody has disposable income because of college loans.

gotta keep that GDP up

banks have a lot of book value in them mortgages too

>>130114258
They are affordable as long as you aren't a dumbass with how you spend your money.

>>130114258
They are affordable if you live in the based areas of the US. (IE: The South and the Midwest)

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mass immigration, cheap credit, and foreign speculation.

>>130114351
This guy is an idiot, don't listen to him

Housing prices have risen far faster than inflation and wages. Cities in particular, the only places where there are jobs anymore, are even worse.

>>130114351
>house prices in my shitty town have tripled in the past 7 years
>jobs are just dropping off the map
>"affordable"

>>130114258
Millennials can afford homes. The ones who can't cannot because they have shitty jobs because they wasted their time in college getting a useless liberal arts/art/humanity/social science degree or some degree in a heavily oversatured field. Now they can't pay back their student loans because they're making shit money, so of course they won't buy a house.

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>>130114428
This

our entire economy is based on banks extracting interest from the dying middle class that took out mortgages in order to afford homes prior to 2008.

Our private debt is nearly triple our annual GDP in the US.

Our economy is getting raped by bank speculation and cheap credit resulting in tons of debt.

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>>130114483
>>130114827
t. retarded, senile boomers

>>130114351
>houses are extremely affordable
Anybody got that pic of house prices sky-rocketing?

Turns out if you fund a bubble to avoid a complete pop, you just make that shit unaffordable.

>>130114532
>midwest
>based
lol

>>130114258
Why don't you rent? In the South it is pretty convenient to rent if you can't afford a house.

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>>130114960

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>>130114861
>private debt
>300% of GDP
THE JEWS WON, FUCK, WHY WERE THE BOOMERS SO RETARDED

>>130114956
t. retard who's never bought a house.

It's quite easy to start paying for one by the age of 35.

>>130114258
You will never own a home and all the home owners will be fucked because rental properties degrade over time and volume. Meaning, the higher % of rental properties = +maintenance

>>130114258
Too much Avacado Toast.

>>130115067
Are houses in New Zealand made out of pure gold?

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>>130115052
Everyone rents now, because they can't afford homes, and can't get a mortgage, even if they wanted one.

>>130114532
preach, bought my house in Jan, been unemployed since July, 2016.

>>130114956
>Canada

I graduated 2 years ago from a state school with a BSN in nursing and now work as an RN and easily afford a house in a CT suburb and a new a car after saving up for a year by living at home after getting a job. Who knew buying a house, and even a car, would be easy when you are smart with your money by getting good degrees, going to state schools, and saving your money.

>>130114258
>cover arms in tatoos
>cant get a job
>cant afford house

>>130114258
Boomers stubbornly holding out and believing all their hard work is worth a million dollar shed.

>>130115172

Nope, the boomers are pieces of shit. Glad to see their end is soon as they don't seem to be changing their minds.

I will continue to save money and wait for them to die off, then buy up houses from the banks for less than 20k each.

>>130115396

Yea, they constantly trying to sell off houses built nearly 40 to 60 years ago for well more than they would be worth even building new today.

It's amazing just how awful the boomer generation is with their decisions, not only that but they are lazy as fuck and exploit mexicans for their jobs instead of making a good living wage payout to the younger generations.

fuck them

The short story is labor costs and profit margins for construction companies. Most will have to charge around a 30% margin on all projects in a fiscal year just to get a net profit of say $50,000, which is nothing compared to other industies. Some bars make that in a month. The nigger contractors will give you a lower price but they will cut every corner imaginable, cheat you on square footage, and bribe every inspector so that their pile of shit passes inspection.
>t. Been around the construction industry for 20 years now

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>>130115269
There are tons of Chinks and immigrants who want to move to New Zealand and experience a western lifestyle, but fairly little viable land.

>>130115172
>by 35

Boomers had houses by the early 20s, genius. That's straight out of college, btw.

>>130115294
Fleeing to the suburbs is only a temporary option

As America becomes more and more full of immigrants and debt even the suburbs will get crowded.

Decades ago a 20 something year old boomer could easily afford a house in the city.

>>130114351
No more like jobs don't pay shit today.

>>130115280
>4 percent change in rent prices in the last ten years

I'm sorry, but thats just too much. fuck trump

>>130115330
tatoo discrimination shouldn't be a thing

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It's because the Chinese OWN us

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>>130115746
>just don't have a family

thanks, Shlomo

>>130114258
>35
>cant afford a house
>tattoos all up her arm
>probably not married

I wonder why.

Also houses cost so much, because everything about owning/building a house for the purpose of selling it is so expensive.

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>>130114258
>half of all the housing units in every major city are occupied by section 8 and """low income""" residents (ie welfare state minorities)

HURR WHY CAN'T MILLENNIALS AFFORD HOMES

>>130115052
Where in the south do you mean? Rental cost of a 1bed in Atlanta is around $1k in a decent neighborhood. I think you have to take Atlanta, DFW, and Miami out of context to get a better look at cheap housing in the south.

>>130114258
The Boomer Generation needs to believe the illusion of high value home prices or they might be able to revolt still. In 20 years they will not be able to revolt and home prices can crash or 100,000,000 non whites can be imported to America to prop up home prices. What the (((Elite))) decide to do might ruin their (((elite))) decedents. If they even care about anything but themselves and their assets.

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>>130115828
>real estate prices rise
>wages stay the same, or decline
>lol housing isn't expensive, and you're a loser if you think it's overpriced

Pick one

>>130114258
The big change is all the things you 'have' to perpetually pay money for now a days. Not so much back then. Very easily part of the plan.

>>130115834
Says a lot about someone when they cover themselves in tattoos desu. At the VERY LEAST, it says they dont care about having a clean professional appearance, and at worst, it indicates someone who is a serial bad decision maker, impulsive, and women with a lot of tattoos tend to be mentally unstable and have father issues.

Why own a house when I can bounce around? I have a degree and can find work in any city. Just bounce around making just enough to live and have fun. Instead of getting trapped in the same city forever? That doesn't sound appealing.

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>>130114258
Are you kidding? People literally give them away here. You just pay a few thousand to have them moved onto your property.

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>game start 1986
>Marines 2004, cuz fuck it i'll get college money after. parents broke, older friends broke, debt ridden. college nope.jpg for 6 years.
>got college money after
>BA-GI BIl
>$0.00
>own first place in Denver 2013
>rent that bitch and bust heads
>Take profit and got MSc
>100k carrer 2017.
I hate that millennial label shit. I am not of this brand of generational punannies.

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>>130115746
>you can buy a home on a minimum wage job
>house payment is the same as rent
Yes, and buying a car is the same price as renting a car.

Excuse me while I rent a shotgun for the same price as buying one and shoot myself for not having seen something so obvious.

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>>130116032

>>130114532
The problem is that there are almost no good jobs in these areas. They fucking suck and are degenerate though. I would move out in a heartbeat if I could find as good of a job in a based area. Chicago fag here.

They aren't. All you have to do is not be so ruined by bad decisions you can't afford basic shit. You could even do it with a minimum wage job.

As long as you aren't living on the government's dime then it's probably the same as the rent you're paying now. Probably won't work if you're living in the middle of a city, but then that means you probably shouldn't be there in the first place faggot.

Only thing you need is good credit and some money saved up, same as when you get a car. You'll need to have a little extra in the event something breaks. Unlike renting, you can't rely on anyone else fixing the important shit.

>>130114258
boomers and inflation

>>130115880
>Feb 2016
That place would have been demolished and have at least 4 units on it worth 2 mil each by now.

>>130114258
When females began working in earnest two income households became commonplace and the housing market adjusted for that.
>sneaky goyim, trying to escape poverty together will only serve to make us rich enough to divide and rule you forever

>>130116032
You need to avoid any large city and coastal town

If its your primary household you can get an FHA loan for 3.5% equity so there is LITERALLY no excuse not to own a home

32 year old here. Been a home owner since I was 29.

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>>130114258
Houses are not unaffordable, white people are just fucking retarded.

I live in Quebec and my parents live in Vancouver, BC. My dad has at least 12 different properties that he has full or partial ownership of. I am about to buy a house in Quebec which I was just rent out to dumb white people.

The reason why morons can't buy a fucking house is because they don't like the stress and the intellect involved in it. They don't want to learn the game of buying a house, letting it appreciate or renting it out while you work and buy a house that you yourself live in.

Honest to fucking god, NONE of my white friends that I graduated with, NONE have a house. They either live in an apartment or with their parents.

If you can't put enough braincells to buy a fucking house, you are honestly incompetent.

>>130114672
This lads

>parents bought home in 1989 for $242,000
>neighbors house just sold for $1,130,000

And salaries haven't quadrupled in that time

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>>130116486
yup

You're paying for the land, not the house. Demolition costs extra.

>>130114258
If pic is related, millennial spent an ass on tats and it's mac. Dumbass, learn to manage money.

>>130116614
But obviously the value of the house did.

>>130114258
unaffordable?

my house was 130k, monthly payment is $860 on a 30year fixed with 2.5intrest rate.

And because Obama stole money from Freddie Mac and Fannie Mae to pay for ObamaCare. That money is no longer made available to pay for 30 year mortgages.

>>130116607
this
ANYONE IN THIS THREAD INTERESTED IN HOME OWNERSHIP:
http://www.bankrate.com/finance/mortgages/7-crucial-facts-about-fha-loans-1.aspx


(VALUES ARE ONLY GOING UP OVER TIME YOU RETARDS!! MEANING IF YOU BOUGHT THE HOUSE FOR X AND YOU OWN IT FOR 10 YEARS AND SELL IT FOR Y YOU GET TO KEEP THE DIFFERENCE!!!!!)

>>130116607
>being a literal housing jew who gets money off of inflating house prices
Wow, you're "smart" (conniving) and rich (jewish) enough to make a profit off of the slow collapse of western society. Man, you're a kool kid!
>leddit spacing
Do us all the favor, and start speculating in the suicide market.

>>130116217
These indexes don't mean shit for states like Georgia. 2/3rd of the population lives in seven counties(out of 159). The average cost of living is going to of course be lower when you consider houses in South Georgia cost $50k whereas you better have $200k before you even start looking for something in the metro Atlanta area.

So yes, the living index looks cheaper on paper, but how the fuck am I supposed to afford a $50k house when it's in South Georgia, 3 hours away from the major job center?

>>130116607
>profiting on the destruction of society and openly bragging about it

I expect no less from the average pooinloo

>>130116814
I also expect the same from ancaps tb-h

>>130116729
Ya but when the median household income is like 74k a year before income taxes
How can people afford this shit, in Toronto it's a fucking nightmare, aside from the fact that you live in Toronto

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>>130116814
>VALUES ARE ONLY GOING UP OVER TIME
So eventually a cuck-shack will be worth what a sprawling mansion is worth today? This sounds a little too good to be true, rabbi.

They are if you get the fuck out of the big city and aren't financially retarded.

I owned my first home by the time I was 25.

>>130114258
Sims 1 best Sims

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>>130116217
>tfw second lowest cost of living

>>130116869
This is

What leddit spacing

Looks like

You fucking retard

>>130116607
Well tell me how you do it then. Houses over here cost atleast a million, which is sady unaffordable if youre not cooperating with a bank. City parts are owned mostly by groups of politicans or companys

Dont know about everywhere else but over here most people can buy a house if they wanted to the only ones bitching are fags that dont know what to do with their money.
>overseas holiday at least once a year
>gotta buy the big name clothes
>gotta go eat out and pay for shit coffee
>gotta have netflix, spotify and a huge mobile plan
>gotta have the latest and greatest
I make a point to call these people out when they bitch and blame everyone else.

>>130116869
You have the same outlook as a leftist, congrats.

>>130116639
Meanwhile out in buttfuck nowhere land is so cheap you can get a house for 100K and it has an acre of land around it.

>>130114956
you are single why are you buying a house with 3 bedrooms and 2 baths?

>>130114351
McFucking KillYourself

>>130116946
Oh I agree

that's why everyone flees to the suburbs where housing is "relatively" cheaper and they can still access jobs in the city.

You still have to put up with 2 hr+ long commutes though.

>>130117025
this

>>130117031
>just leave the only places with reliable employment oppurtunities

ok, good advice

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>>130116607
>my daddy owns 12 houses and jews people for rent
>I'm buying my own home like a big boy!
>none of my dum dum white friends have daddies who own a dozen properties, so they're beneath me intellectually

What a colossal faggot you are. Your family might be worse than the section 8 scum you rent your slummy properties to.

>>130117005

Not really the problem of the homeowner. Should the homeowner take less than someone is willing to pay for it just so it can be 'affordable?'

Also all that happens if EVERY wage/salary rises (including construction workers to build the house, landlords to manage the property, real estate agents to sell, landscapers to maintain in the meantime), it just rises the price of the house on the back end anyway.

>>130116993
That's actually a pretty stupid thing to say.
Ancap is an ideal, not a practical reality. That's why its the foundation of the meme balls.

>>130115294
"good degrees"

You are a nurse. That is like becoming a school teacher and calling yourself a success. Sure, you're not broke - but you are hardly a dream chaser or a winner.

>>130116607

Right you curry nigger. The banker looks at how many brain cells you have when they decide whether to let you sign on for a mortgage. If your MRI results aren't good, then you can forget owning a house.

>>130117025
>>130117243
theres a finite amount of space and your cuck shack has LAND VALUE

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A lot of the regulations passed under Obama make it a lot harder to get a home loan now too. You HAVE to get it inspected and everything HAS to be up to code to get the loan. You can't just buy it cheap and fix it up yourself which is what people used to do to afford a home.

>>130114960
Wouldn't be a accurate because shitty states like California and newyork would inflate the numbers masking the affordable in most states

Honest to god question, how can we fix this? How can we set things right?

My father bought our house for 40 thousand american dollars and now it's worth almost two millions, eleven years ago. It's good for us but it ain't fucking right.

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>>130117105
Looks leddit spacing to me, leaf.

>>130115669
Agreed.

I'm very sure that if shit hits the fan, the boomers will panic the most.

>>130117351
you have to be able to figure stuff out, no one is going to hold your hand and give you a house

>>130117445
The market always takes its pound of flesh, at least where I'm living the crash will correct the market and I'll buy up on the cheap.

>>130114351
Houses are affordable in more rural areas, but if you lose your job and can't find another close by, which is likely since you live in a rural area, you're fucked
I've already gone through this process once

>>130115294
making 35000 as a new grad on med surg floor after taxes at the best hospital in 50 mile radius. prospects for raises are slim, 401k only matches 3%. living in middest of the midwest. are rn wages and benefits much better elsewhere?

>>130117428
it costs like $50 to get a permit
you do the work yourself to a level required by code and boom, you're done

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>>130117298
>>130117364
>let's just exponentially increase land prices through mass immigration and debt; I foresee no future problems at all

What's sad is that the average boomer "intellectual" consider this to be wisdom.

>>130117502
No because that post is several sentences not broken up prematurely aka paragraphs.

>>130114258
FED RAISES RATES AND DUMPS 4.5 TRILLION IN ITS OWN ASSETS READY FOR 2008 PART 2 BOYS
>>130117429
>>130117429
>>130117429

>>130117280

the homeowner should not have the opportunity to make those kind of gains if the opportunity comes due to poor governing and foreign capital.

If the government was doing it's job it would be protecting its citizens by only allowing citizens to purchase and hold a residential housing deed. If foreigners want to buy the houses they can become citizens and then buy the house.

They also need to introduce measures to prevent wealthy owners from buying all the properties without intent to occupy. A few rich people could potentially purchase nearly all the available properties with the intent of locking out the market.

Canada is shit though when it comes to citizen protection though so no elected official will ever do what's necessary.

>>130116814

Nope...

http://www.prb.org/Publications/Articles/2002/JustHowManyBabyBoomersAreThere.aspx

Nearly 1/3 of the U.S. population will die in the next 20 years. And another 2 billion will die throughout the world.

Why?

Because the baby boomer generations of post WWII is a mass of individuals all born around the same times.

>>130117644
Yeah if you already own the house. If you're trying to buy it, it's someone else's house and they're probably not going to go for that.

>>130117635
So long as you didnt take out a shitty loan and dont have a ton of debt to get that degree, 35000 is more than enough to live cheaply for a few years while saving for your down payment.

>>130117445
sell high, buy low.
do a 1031 exchange and turn your house into two or three cheaper ones
I can think of a thousand options to go from here
you yourself needs to save up 10% of a home value, and move to somewhere you can afford to live at such a time as you want to settle on a house. theres no pressure to buy a house under age 30, but if you do you're better off because the prices are only going up

>>130117445
>how can we fix this?

You don't.

>>130117445
You mean besides ending mass immigration and cheap credit?

There's a common sense way to stop this, but boomers want the exact opposite because they are funding their retirements with high real estate prices. They want housing to be unaffordable

>>130116607
scum

>>130117761
the inspection will reveal if anything is not up to code. if nothing is up to code, you take the price it will cost to correct the issues and deduct it from the purchase price.

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>>130117364
But if the land value exceeds what anyone can realistically buy it for, wouldn't that be a case of the market decoupling from reality?

Infinite growth, while on paper sounds plausible, in the real world is absolutely retarded. You literally have the mentality of, "MUST JEW NEXT GENERATION." You're fucking horrible. And if you go too far with your scheme it won't even fucking work.

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>>130116993
Oh, I am sorry, am I beating you in life?

Sorry dude. I should do a 9-5, mon-fri gig to make shit money working for faceless board members and shareholders.

I am sorry for wanting to have fun in life and not being a wageslave cuck.

Fuck off back to your basement, commie faggot.

>>130116869
Keep buying into your stupid Whitopia meme while the smart people get rich and bang your daughter. lol
>Oh no, my WESTURN CIVILISASHUN!

faggot
>>130117138
Find your parents or a friend to go in on the house with you. Find someone you trust. Let the house appreciate then refinance the house and take out a loan against the house and buy the other person out by taking the percentage they put in initially and applying it to the new price.

For example: you and I buy the house for $1million. I put in 50K and you put in 50K, which is 5 percent. Put it up for rent ASAP. Let the house appreciate. Let's so it goes up to 1.3million. You pay me 5% of 1.3million, and you are the sole owner of the house. Sell it when it's a smart and then rinse and repeat.

Also look for big lots when you have money in order to entice developers.

>>130117250
>>130117829
HAHAHAHAHAAHAH
Keep crying, faggots.

>plebs who know nothing

I bet none of you have any idea you can build a house with like three fucking people who know their shit and some extra help here and there.

Building a house on raw land or partially developed land is cheap none of you will put the labor into it because you want to pay for overpriced labor to do it for you or buy shit that old and over priced.

Buying used can still be very affordable however, depending on state and your standards. Don't be shy of a trailer because they can be easily(about 60-80%of it) recycled into an actual house.

>>130117704
>maybe we should like... i dunno, make foreigners wait a decade or so before they can actually buy a house and live here, let the ones who are under work visa or are transfered here fuck themselves cuz I hate immigrants

you rn

>>130117822
>>130117828
BUILD MORE PRODUCT
LESS RESTRICTIONS ON DEVELOPMENT
LESS HEIGHT RESTRICTIONS
ENCOURAGE CONDOMINIUM CONSTRUCTION WITH CREATIVE TAX POLICIES

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>>130117737
We have billions of Africans to replace them with :^)

>>130114351
Not affordable down here unless you go out and live in the bush with the natives.

I dont know where im supposed to find a million dollars for the most basic house/apartment.

Need a 6 figure salary just so i can think about signing up for mortgage. At which point its full wage slavery till you die.

Rather be a 'loser' doing minimum wage and living with the parents.

>>130117704
A property is just another commodity or asset. If the government can place price ceilings on housing, than you could justify them putting price ceilings on anything else.

If you own the house, it is yours to do as you please.

And while I dont care for property taxes on principal, theyre at least a safeguard against market 'lockout'. There is a break point where buying property just to sit on it becomes a source of tax money just bleeding out of ones pocket.

<iframe width="560" height="315" src="https://www.youtube.com/embed/VjQ2t_yNHQs" frameborder="0" allowfullscreen></iframe>

>>130114258
Too much demand
>really low interest rates
>uncontrolled immigration

Too little supply
>regulations make building anything new take five times as long as it needs to
>SJWs throwing a tantrum if you try to change the rules because muh keep my city weird and muh gentrification

>>130117799

When the baby boomers are dead, which the majority of them will be soon, the prices of land and housing will drop by nearly 60% or more of their current prices.

In fact the entire economy will change because there will only be around 275 million people in the U.S. around 2025.

As long as old men die, liberty shall reign.

>>130117138
>if youre not cooperating with a bank.
cooperate with a bank
I shouldnt have to tell you this mountain jew

>>130117828

tf you're talking about now, we don't even have a mass immigration issue aside from the three million border jumping pacos but they cannot afford house regardless and still prices are unnafordable

i blame cheap credit

>>130118017

Not happening, maybe it Europe, but not in the U.S.

>>130118102
>old people totally aren't replaced with more old people guys

>>130114258
I'm 35 and have 2 houses. Those motherfuckers are lazy!

If you don't have enough money saved up by 35, get your shit together

I'm pretty sure those facebook likes on your "exoctic vacations" are worth living in a flat the size of a handkerchief

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>>130114258
>>130114351
>>130114483
>>130114532
>>130114588
>>130114672
>>130114827
>>130114861
>>130114956

> federal reserve prints a shitload of money and reduces the non-asset owning class to debt slavery
> retards on /pol/ think millenials are just lazy and boomers are jews

WHERE DID ALL THE MONEY THE FED PRINTED GO? IT CERTAINLY DIDN'T GO TOWARDS ANYONE'S SALARY.

HINT: It inflated housing, stock, and bond bubbles.

Daily reminder for /nupol/ cunts that Money Masters is required viewing:
https://www.youtube.com/watch?v=i3WhLcTs_00

>>130117944
Eh, you need atleast to cover 25% of the housecost with the first financial payment here. And you need to prove you can pay the house off in an agreed timeline WITH your current finacial situation.

>>130118176

> can't do the math

>>130118102
>retard literally thinks generations are a thing
>retard thinks everyone in the boomer category will die at roughly the same time
Holy fuck, boomers aren't some fucking hivemind that transmit heart attacks to each other you fucking idiot.

>>130116607
Did you buy your house with only your own money?

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>>130117944
>I should live a life of leisure and wealth while parasitically destroying the economy of the country I immigrated to while gloating about it

What a great attitude.

>>130118135
What are you talking about?

We have well over 30 million Mexicans alone.

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>>130118102
>imblying
the millennial generation is bigger than the boomers.

the US 'population pyramid' looks like a rectangle - its designed to be this way and it's only Europe that has an inverted pyramid
thats why they're importing from countries with true pyramids

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>>130114258
Just wait. Save your money. Work on your marketable skills. DO NOT GET YOURSELF INTO DEBT IF YOU CAN'T PAY IT OFF IN A FEW YEARS! NEVER TAKE OUT MORE THAN 5X YOUR ANNUAL INCOME ON A MORTGAGE. Be realistic. There will be a massive correction in the near future. The housing market is being fueled by low interest rates and sleazy lending practices. The low interest is coming to and end. It's exactly like 2008 but different, and much, much bigger. There are safe assets to save your money that will help you buy a house in the future. Gold and silver are great options but come with a security risk if you store them in your home.

>>130117674
...and this.

>>130118347
>have nothing but population increase the last decades followed by a slow down
>we totally won't have an elder disaster imminent guys
>says I can't do math

Think anon. THINK.

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>>130114258
tfw i have rich parents who bought me a house 20 years ago and now its worth in the millions.

>>130114258
because boomers have such an inflated sense of self-worth they think occupying a structure for three decades causes it to go up ten times in value

>>130117925
That's how it used to work, but a lot of these new loans require the house be 100% up to code before they'll approve the loan. I had to go through it finding buyers for my last house... silly stuff that only cost around $200 to fix but had to do it.

A friend of mine has found multiple places he could afford that need some work he's able/willing to do but he can't get the loan for this reason.

>>130116739

Yeah, my Mortgage was same as my fucking rent, I just had to move to the suburbs. I pay extra grand a month, will be done in 10 years (1 down 9 to go).

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>>130118335
What's your point?

Boomers fully support FED jewry. After Obama and Bernanke gave the banks $14 trillion as a reward for destroying the economy with securities fraud, the boomers did nothing to oppose them.

>>130118335
Bubbles pop, but the market comes back. We can look at 2008 for an example. Property prices are now above 2008 times, but not by much. Any correction in the property market will be mild and swift.

>>130116032
You think that is bad? I am renting a 2x2 apartment in LA and pay 1300 a month. Shit is brutal

>>130114258

Because we're overdue for a population culling.

MFW Nazi Germany was in reality addressing a housing market undersupply.

>>130114351

>t.Gringo who lives in a house made of cardboard

I bet you blame everything on millenials while the fed reserve not ran by millenials fucks you in the ass 24/7

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>>130114258
>be me, 27
>fuck up college education big league due to criminal illegal behaviour
>do 1 year in jail
>start food delivery job
>save 20k after 2 years
>put it as down payment on 150k duplex
>rent it out
>save up another 10k after year
>open trading account with it
>turn 10k into 20k after 8 months of aggressive trading
>down payment on another duplex
>now generating 1.2k a month of rental income+still delivering making 35k a year+still trading making 500-1k per month

Being poor is your own fault.

>>130118396
I have not bought it yet, but I will use my money for the 5%, yeah. My mom said she wants to help, but I don't like borrowing from my parents if I don't have to.

>>130118420
Do you honestly not see how fucking leftiest your stupid thinking is?
This is how wealth is made, son. Grow the fuck up.

>>130118345
That is fucking weak. European banking, I guess.

Over here it is slightly easier.

Also, my old man is an accountant so he helps a lot with tax info and stuff.

Yeah, maybe you'd be better leaving.
Do you live in an apartment or a house right now?

>>130118369

> somehow 100 million people being born around 1947 to 1964 won't be a mass population drop at the end of their life cycle.

It's like you don't realize that there are;

40 million people in the age of 71 to 90.

100 million people between the ages of 55 to 70.

That's 1/3 of the population on their last stage of life.

They are the largest of the generations, bunched up into a single short timeline.

LOL, i'm saving my money. I have nearly 200k saved for when they start dying off and the banks begin to sell off masses of houses for less than 30k each... which they already do on foreclosures.

>>130118711
> Property prices are now above 2008 times

It's almost like there's some huge demand for land

As if we're importing millions of people a year or something while giving loans to any idiot regardless of their ability to (not) pay their mortgage.

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>>130118347
>>130118484
Scary palidrum, but let me simplyfy this.

They are called the BABY BOOMERS. Next in line is Gen x, all those fucking children they had who grew up in the 60-70s. You are in for a nasty surprise.

>>130118045

this would never happen because if they own all the rentable properties then they can increase rents to offset property taxes. A property should NOT be considers "just another asset". If a small group of people controlled the only source of fresh water and made its purchase unreasonable for the majority of the population this would not be acceptable either. Shelter is literally a basic requirement to survive. Unless you are going to argue people can move back to the forests as an alternative, safe, affordable housing in a country is a requirement for survival. Foreign investors have profited at the expense of actual citizens. They have made their money by exploiting their own populations through virtual slavery, thievery and human rights violations, then taken the tainted money from their own country and are trying to profit further by exploiting our citizens. This is not ok and I'm seriously shocked anyone on /pol/ would try and defend such actions, even for the principle of "MUH FREE MARKETS"

Some markets need oversight and regulation. A countries food supply needs to have oversight so a small group of individuals can't kill off millions. Water needs regulation so people aren't poisoned via incompetence or malice. Housing needs regulation so people don't become homeless, turn to crime and destroy society, among other things.

>>130117981

yes, foreigners SHOULD have to wait to own property, even for 10 years. Some world cities have this wait, or longer in order to protect local families. This is a good idea. Residents or temporary visitors can rent while they become citizens.

>>130118719

t. Struggling screenwriter

Kys

Because boomers

>>130116607
>buying a house, letting it appreciate or renting it out while you work and buy a house that you yourself live in.

You shouldn't have to do this in a well-functioning society.

>>130114258
>those tattoos
>every other stock image used now in articles has someone filled to the brim with a 7 year old's childish drawings on their body

>>130118484

>have nothing but population increase the last decades followed by a slow down

What are you stupid?

Millennials and Gen X have few children compared to the boomers.

Population birth rates have slowed to less than 1.9 and the boomers are a huge mass of individuals in their 60's and 70's.

We are about to see a landslide of death and freedom.

>>130118711
Actually, the 2008 was only a partial pop, the FED fucked around trying to save the fucking boomers, and now we get to see them try to save the boomers: electric boogaloo 2.

>>130118632
Fuck boomers and fuck their state capitalism.

>>130116203
>100k carrer
sure thing

>>130118857
> Fed increases Monetary Base 5x
> Surely it's that the price of housing is going up, not that my purchasing power is diminishing

CPI inflation is a fraudulent metric

(OP) because of FHA loans

they did to houses what student loans did to tuition

and if they take away the punch bowl the boomers would riot

so they'll stay forever

>>130119014
see
>>130118861
Gen X, who are next in line for elderly gibs ect, is more numerous than boomers AND more liberal. Have fun with that welfare shitstorm. It WILL get worse before it gets better.

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>>130118827
>wealth is made

no it's being extracted. You don't produce anything, you're just a leech on society. the financial sector is a voracious parasite killing the productive members of society.

Do you know why most white people shy away from financial fraud and schemes? Because they are embarrassed to enrich themselves by cheap trickery.

>>130118852
And they'll all die at different times. Gradually. You do realize life expectancy is way up?

>>130118861

Gen X is only 60 million people.

Millennials are 95+ million.

Also Gen X women are the highest suicide rates right now... LOLOL

Gen X men didn't reproduce as much... except for a few.

We out number gen x.... don't even try anything. I own lots of guns.

- Millennial here ;)

>>130118903
Actually a post doc at a biotech company.

>>130114258

Millenials instead spend their down payment on shitty tattoos and going to the bar to make their shitty tattoos a conversation piece.

>>130117280
The problem is that the majority homeowners are banks. When the bubble burst and people foreclosed, the banks scooped up the properties AND mark-to-market rules were suspended in order to keep the banks solvent AND the Fed stepped in and printed hundreds of billions of dollars on mortgage backed securities, so that asset owners wouldn't go bankrupt.

All in the name of (((financial stability))). The system is fucked. And what's more it was planned this way. The elites do not want most people to be independent homeowners with large families. They want immature, atomized NEETS living in apartments with no children.

>>130119201
Wrong.

[Boom], 65.6 million
[X], 88.5 million

http://www.thegenxfiles.com/2012/01/06/latest-numbers-for-generation-x/

>>130119155

Most of them are obese and smoke heavily, drink heavily, abused their bodies in the 70's and 80's.

They won't be living as long as their parents who were not as overweight.

lol, they gonna be ded soooooon.

>>130118628
I would try to find a more jewish mortgage broker to be totally honest with you.

Dont use lending tree or whatever the fuck, get an actual mortgage broker.

>>130119291
Sory, forgot Millennial.

[Mill] 18+, 52.0 million

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>>130119082
>CPI inflation is a fraudulent metric

Too bad you can measure real estate, education, healthcare, etc and see they all outpace Inflation at differing rates.

The FED didn't put money into the real economy, it put money into the financial sector which has results in an enormous bubble in stocks and bond over everything else.

>>130117312
A nursing degree is a good degree. It's not like women's studies or sociology.

>>130119126
so then OP should get one, right?
fuck sakes...

>>130115136
Private equity is 4-5 times larger than GDP.
don't worry about it goyim

>>130119247
>hur millennials are a bunch of irresponsible degenerates!
Knowing that this kind of talk has always been prevalent throughout history makes it all the more hilarious. Good to know inter-generational trashtalk hasn't evolved for thousands of years.

>>130119142
our corporations have outsourced the manufacturing to another country. Just because you don't see people making $3 a day and getting black lung here in America doesn't mean nobody in the world is working for $3 a day and getting black lung

Those companies aren't all Enron and insolvent living on borrowed time and illusions, they're multinational megacorps with offices and factories and lands and mines and pumps and drills in every landscape on the planet

>>130119291

> gen x shill site.

use the government census.

;)

http://www.pewresearch.org/fact-tank/2015/05/11/millennials-surpass-gen-xers-as-the-largest-generation-in-u-s-labor-force/

rekt

Plus your crazy gen x wives will be after millennial cock... it makes them feel young again to have a 30 year old penis deep inside their pussy. She can support me with your alimony.

don't try anything stupid, I own a lot of high powered fire arms.

>>130119368
>TFW Snowflakes don't know how to free college.

>>130116607
Im gunna hang faggots like you on the day of reckoning

I have a good job and a piece of land ready to build. Approved for a loan would pay roughly $1250/mo on mortgage.

But Im terrified that the markets will collapse again and I'll lose it all if I get laid off.

Shit sucks.

>>130119247

that's an expensive tattoo considering a down payment here is minimum 5%. 5% of 1mill is $50,000.

When the race war/next civil war in the US kicks off let's be clear.

The fucking Boomers will be put down for this. Neither the liberals nor the conservatives will be on their side for it.

They need to wake the fuck up before it's too late.

>>130119594
>in U.S. labor force
You still have a shitload of gen xers and not nearly the capita they had with boomers and your population is bloated with spics. You're fucked.

>>130114258
Maybe if they didn't buy a macbook and get tattoos plastered all over themselves they might have been able to afford it.

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>>130118827
>I have not bought it yet, but I will use my money for the 5%, yeah.
So here you are telling everyone how easy it all is, but you don't actually own your own house. I get the impression that you do very poorly in life, actually. Maybe if you are telling the truth and your dad has a high status, you are doing better than people born into shitty situations. But given your supposed opportunities, I'd wager you are doing poorly.

>>130117280
The reason why housing prices have risen greater than inflation is because demand is artificially higher due to the easy access to leverage.
Even more so, when the price goes up, collateral value goes up thus allowing people to leverage even more == bubble.

>>130119358

Yea seems legit.

https://www.census.gov/newsroom/press-releases/2015/cb15-113.html

Tell your gen x girly friend to come over, ill face fuck her and throw her out of my car for the niggers to have seconds on her.

get rekt

>>130119671
>When the race war/next civil war in the US kicks off let's be clear.
It won't be in our generation, I can guarantee you that. This shit needs to stew more before we get things really spicy. For now, it's a slow death. It'll take a while to gain speed.

Unless the powers that be one to shift into MAXIMUM OVERDRIVE.

>>130119736

Everyday I go to work, all I see are millennials and boomers working together.

The few gen x that are around... they don't even have girlfriends or wives.

LOL

do subprime mortgages still exist

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>>130119558
>Just because you don't see people making $3 a day and getting black lung here in America doesn't mean nobody in the world is working for $3 a day and getting black lung

Wages have gone down since outsourcing and mass immigration started in the 70s, not up. We have gotten poorer because we have destroyed our productive, industrial economy and replaced it with worthless financial gambling and speculation.

The whole "black lung" conceit is nonsense because the US has fairly high environmental regulations compared to China.

>ll Enron and insolvent

Enron went insolvent because its energy monopoly in California was finally ended

But only after Enron scammed the residents of California for billions of dollars.

>>130119905
Can they afford to have a girlfriend or even get married in the first place? Don't forget that most households can only survive via dual income parents.

I dropped out of college and make 80k in IT, have a decent condo.
It's not that hard, just have to sacrifice for a year and put in mad OT for the down payment, cut everything off down to the bare bones, sell your nice new or lease and get a pos junker, move into a shitty studio instead of your nice pad you think the qt3.14's will drop panties for. Eat a little loss for more disposable income you can save save save.
Put it in an online bank, like ally, so it's hard to get at, away from your normal checking account. Leave only 200 a month for you plus mandatory bills money
See if your county or state has first time buyer down payment assistance. You'll pay a bit more in interest but you'll have a house and build equity
Don't be stupid anon, make sure you can afford the whole thing with no roommates if it comes to that, before food and gas money. Buy within your means, and channel your inner trump to pick one that is in an area that will go up in value.
The shittiest house in the nicest area you can qualify for.
I bought this before I turned 26 making $60k/year , it's possible to do
You will have to suffer for 1-2 years like this until you have your down payment. Don't forget your bills anon, setup e billing in your online checking and schedule auto bill pay for the minimum for your credit cards, pay your rent from there too, on time. Your credit is your value as a man. Don't be a 540 Fico nigger, your goal is 740
If you are in your early 20's get a credit card and be careful, you need to spend a little and pay it off, every month, build some credit history when you're making $9/hr so you can take out big boy loans when you make $18+
Don't fuck your credit up, minimum payments are a ok if you're juggling a few things for a month or two, but never miss a payment and always commit to paying it off and not having fun for a month or two if you have to.
the feeling of being out of Jew debt is worth the pain of paying 1/2 month pay sometimes.

Ausfag here ($750,000 for a regular 3 bedroom house in my humble suburb of a large country town).

There's something you and my fellow countrymen need to get through your heads: YOUR GOVERNMENTS DON'T WANT YOU TO HAVE AFFORDABLE HOUSING!

If people can just work hard for 5 yrs to pay off a house and then settle down to a part time job because they have fuck all expenses THAT DOESN'T MAKE FOR A PRODUCTIVE SOCIETY! THAT DOES RAISE THE GDP! THEY WANT YOU WORKING 2 JOBS, YOUR WIFE WORKING AND YOUR KIDS IN CHILDCARE BECAUSE THAT'S HOW YOU RAISE THE GDP!

Is your government always talking about raising the GDP? Because mine is and THEY KNOW... oh yes they won't tell you but they know the most effective way to raise GDP.

>>130118823
>1 year in jail
REAL NIGGA MONEY

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>>130119905
>>130119763
>>130119594
>one fagot posts a labor statistic
>the other faggot finally posts something of value
OH BUT WAIT ANONS
>says gen x has less children(who are more white)
>this means your number are being bloated with welfare leeching shitskins and you are using this as an argument completely ignoring the context of your numbers
>will have more elderly on ssci than ever in combo with leeching shitskins

Go on. Tell me the utopia thats in store.

>>130120001

Boomers in the 1970 to 1990

> WE NEED MORE UNIONS! WE NEED MORE ENTITLEMENT

Boomers after they attained authority and majority ownership of businesses

> UNIONS ARE AWFUL, THEY ARE TERRIBLE FOR EVERYONE, JUST GET RID OF THEM ALL

>>130120001
All I can tell you is that markets are cyclical
Look at Philly for example.
All the whites moved out so the properties were cheap and owned by niggers who didnt take care of them
Now all of a sudden urban living is trendy and a whole bunch of new yorkers outspent by the Chinese are moving down to the sixth borough en mass.

You have to keep an eye on the market, sure, but buying appears better than renting in the short term as well as the long term, depending on your market.

>>130115680
For sure new construction is the worst on the planet.

>>130114258
>buy plot of land
>get a prefab house on it

Plenty of areas in the country where you can do this for less than 200k. Brand new fucking house.

>>130114258
>goes into massive debt in college
>throws money into a rent abyss for 10 more years bc living in the city is hipster and living in a house is so fucking racist
>be 35
>be a loser without equity
Reddit, why can't I buy a house??!?

>buying literally anything except shares

If you don't put 100% of your income in shares and crypto you are an idiot. Sleep on the street or with your parents, eat local wildlife or children.

>>130120182

A government that doesn't want to raise its GDP would be the worst government as inflation would climb without money to pay for it. Not to mention you would have way less social services like road maintenance, fire, waterworks, etc. Why do you think China was able to fund all those pub projects over the last 30 years? It's because they had the highest GDP growth in the world.

>>130115834
says more than skin color, which already says alot

>>130116607
And this is why house prices are so high, because of blatant profiteering. Buying 12 houses so he can slowly bleed society to death. Meanwhile the rest of us have to fight over what's left.

>>130120279
It's a survival mechanism.

When you're young and not in the system, you want in, and you want it to be good, fair, easy, etc.

When you're old and already in the system, you want everyone out, you want all the benefits of the system, you don't want those fuckers stealing your benefits. You worked for it!

It sucks, but hey, we'll be like that too once we break from the stresses of constant jewing. At some point we'll be more than content to have a small slice of the Jew's pie.

>>130118062
>SJWs throwing a tantrum if you try to change the rules because muh keep my city weird and muh gentrification


Jesus fucking Christ this. I live in the bay area and they NEED to bulldoze area because the buildings are falling apart. Everytime a fucking developer wants to demolish and make a nice new structure the god damn pink hairs come out of the wood work stomping and screaming

>>130120241

http://www.associationsubcultureblog.com/2010/10/suicide-and-generation-x-association.html

http://www.businessinsider.com/generation-x-least-prepared-for-retirement-charts-2013-5

> Gen X literally on suicide watch

40 is the new 20 for most women.

They don't want some past his prime cuck as a boyfriend. They want a young buck with a hard penis.

But I don't stay with gen x women, I just use them up and move on to the next.

lol for reals

>>130120673
Archive shills

>http://businessinsider com/generation-x-least-prepared-for-retirement-charts-2013-5
https://archive.is/1V1Xk

>>130120330
>urban living is trendy

It's "trendy" because the government has been systematically moving "diversity" (blacks) from the inner cities to suburbs through Housing and Urban Development programs. Millions of blacks are pouring into formerly white suburbs (see: Ferguson Missouri, 20 years ago it was 80% white, now it's 70% black) by the means of federally built low income housing.

Whites can't move to the rural countryside because there's no opportunity there so the only logical step is to move back to the now partially "cleansed" inner city.

>>130115294

Get back to work goy

>>130118827
>5% down payment
lol nice :^)

>>130120615

> we'll be like that too

nope

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>>130114258
>Why are houses so unaffordable?
no reason, goryim

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>>130120279
Union membership was mostly crushed by the late 70s-80s under Carter and Reagan.

Boomers have always loved cheap labor ever since they became the landowners. That's also why they supported Regan's amnesty policies.

In the future everyone will have a few properties they rent out. They themselves will rent where they live from someone else.

Negative gearing and what not encourages people to own investment properties but not personal properties. So the end game is everyone renting from everyone else?

>>130120802
The bank gives 80% and the government backs the rest 15% AND ensures the bank's loan in case shit goes south.

>>130114351
You know where they're affordable? Ghettos and bumfuck nowhere with no jobs.

People don't want to work for a living. Two years into the trucking industry and you're making 50-60k a year. 3 years at a local LTL place like YRC and you top out at 70k. Don't fucking tell me you can't own a house. There's plenty of affordable, remolded houses in the 60-120k price range.

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>>130120673
What does that have to do with that i was saying? I guess I'll have to repeat myself because you broke or something.

>gen x is bigger and more liberal than boomers
>had less honest white children than boomers
>shitload of shitskins bloat the numbers today
>will now have to deal with a larger elderly population AND a massive immigrant/children of immigrant population who suck up wellfare
>you think we are heading for a uptopia

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>>130120835
Oh, you poor sweet little thing.

/pol/ is it at all possible to live out of a car? Just asking for a friend.

>>130116528

What? Houston is dirt cheap.

So is New Orleans, but I wouldn't recommend that place :/

Please if you're black, liberal or even Hispanic pls don't move to Houston

And stay out of Austin. It's a great city but it won't stay that way if YOU move there, I promise. Fuck off.

Stay out of Texas too, while I'm at it.

>>130121047

living out of a car is the best thing you can do to save money for a year.

how much is a double wide and lot in bumfuck america

>>130121075
Austins not great. My shitty house by a bunch of nigger(thanks obama for building that shit near our white neighborhood) went up in value because there is "diversity"

>>130119024

>bubble about to pop

Yessir. It's sad how many Millennials speak of the 2008 recession in the past tense, when it was simply hidden by FedRes magic, festering the entire time into the sour-ripe bubble that will kill our generation, literally it will kill many of us, through stress, depression, kys, boozing, accidents due to compromise.

Even /pol/ falls for the MSM's projection of reality as real life, with all the bullshit tranny/SJW babble. I drive around the neighborhood where I grew up in the South, you'd think it was the 90s. But what's changed is far less interaction of neighbors, more minorities booming nig muzak in the distance, and clearly people are hurting financially. At the local parks, I rarely see white families with happy parents. Even from afar, you sense whispers of financial worry and exhaustion, while kids play.

Quiet desperation. Houses are things to flip, no souls to make them homes. Families are abstract things in (((movies))) to most millennials, and relationships take serious tolls on us now. Look at how the (((NWO))) toys with Trump, into summer, the same fuvks who did 9/11, a starter pistol, their carrion call on our gen.

People are in denial. Someone said it best, our destruction is clothes being worn five years longer, health checkups becoming a thing we put off, summers in a dark fog of Netflix. Pill overdoses, which are rearing their head in my family. It's like seeing the baseball diamond that was the 90s form a NWO pyramid before your eyes, but no one sees it yet. The bubble bursting will be the alarm clock rattling. Game over.

Can we meme a housing crash?

>>130121075
All of California is moving to Texas due mainly due to Texas's lower (for now) land prices.

They're bringing their far leftist politics and In-n-out burger with them.

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>>130121036

> 20% of gen x population is spics

> total 50 million

oh dear... looks like millennials are going to cuck you for the rest of your life.

>>130117151
I do all these things, but am homeowner. I make almost 200k, but live in a 65k house. You know why? Because paying 150k plus for a shitbox new construction house is absolutely retarded. I got a nice house on a lake in rural Indiana for a good price, and I can afford to do whatever the fuck I want (within reason obviously).

>>130121242
how will whataburger compete

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>>130120908
velly good

>>130121253
And what percentage of mill is spic?
Combine that with the x spics and you STILL think you're heading for a utopia? ',:^)

Are you trolling or just really bad at having a coherent conversation about population?

>>130114258
> Unaffordable
That's a weird fucking way of saying 'expensive'

>>130115447
Banks will control inventory, also foreign buyers and institutional investors will eat up market

>>130117944
You are just a millenial from a rich family you know.

>>130121533
God I fucking hate that we allow forgiveness to buy our properties.

>>130121505

un·af·ford·a·ble
ˌənəˈfôrdəb(ə)l/
adjective
adjective: unaffordable

too expensive to be afforded by the average person.
"medical care has become unaffordable"

If the average person makes 50k/year and a house is 1 million+ then it is by definition unaffordable.

>>130119852
no, all it really needs is one lynchpin policy or movement that directly threatens the livelihoods of business owners outside the financial sector. Like an additional corporate tax or something.

>>130121417

It's 5% give or take difference in hispanic percentage.

Millennials still out number gen x as there are nearly double the white male and female presence than gen X.

>>130121533

Banks are not selling land and houses for high market.

Have you even seen the price of foreclosed houses? A boomer or home flipper will sell the same house at $100,000 vs. a bank foreclosure selling the house for $20,0000 or even less.

I just saw a house that was sold for 8 thousand dollars by a bank, which immediately the owner fixed a few things and relisted it for 120 thousand.

This whole thing about "evil banks", it's bullshit. Banks deal with money, they don't want to deal with owning property and land. It's not worth anything to them when they are holding it.

>>130114351
>houses are extremely affordable
Housing prices in most communities have grown at 3-4 times the rate of inflation and upper middle class boomers jumped on the "investment property" bandwagon during the recession and converted millions of cheap starter homes into rental properties.

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>>130121569
A "rich family" that had to eat temple food in the 1990's.

Yeah, no.
If we are rich, it's because the last of our 3 attempts at starting a business worked and we used the money to start a real estate empire.

I know you can't verify my story, but I know the tough times. That's enough for me.

inflation, overpopulation, unincentivized greed, market bubbles, banks swinging their "loans" around like a male stripper's cock.

>>130122039

Exactly... i'v seen some corporate owners buy up several homes in the suburban areas and rent them out. Complete shit hole houses, falling apart.

They don't care because they are making well more than the cost of a mortgage.

They buy up old 2 or 3 story houses, convert them into 3 or 3 apartments. Charge 650 to 800 a month. No electric or heat included.

>>130116869
>muh spacing

Fuck off.

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>>130121869
Oh god anon, you retard.
boomers were outnumbered by the next gen as well and our economy is still in suffrage from the burden of ssci ect ect We have more gibs than ever and more people on gibs than every and growing.
>implying we are going to be saved by our spic inflated workforce who are all also on welfare why the boomers and gen xers spend all their retirement money on living it up instead of building inheritance for their children
anon you really need to grind some gears in that brain of yours.

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>>130121788
>policy that threatens business owners
Not gonna gain any traction, at least in America. There are only two parties; blue pro-business-fuck-everything-else and red pro-business-fuck-everything-else.

It's just not happening. The American political landscape is not ripe for any such movement. I know you want to be hopeful, but it's just not happening.

>>130121505
Turns out most people aren't rich, especially millennials who have had less of a chance in a garbage economy.

>>130114351
>Extremely affordable.

Kill yourself faggot.

>>130122156
>If we are rich, it's because the last of MY DAD'S 3 attempts at starting a business worked and HE used the money to start a real estate empire.
Fixed that for you. Stop trying to steal your father's achievements. And stop playing on your daddies laptop.

>>130117084
Yep. Im a loser janitor in MI and I'm approved for any loan I want because I pay my bills. Decent single family homes for cheaper than rent are everywhere

>>130122334

Boomers out numbered by Gen X?

What kind of delusional state of mind are you living in?

Were not you faggots having a temper tantrum in the 90's when your dads beat the piss out of you for being whiny?

All that alternative rock music and light mode revolution. Like you were afraid to speak up because your father might use his good hand today and it's his off day so he is well rested.

You probably reminisce to nickleback while paging through plenty of fish every night, you faggot.

I hate living in the bay area.

I make 98k a year but it feels like 40 in the rest of the country. This is suffering. I just hope my company does well and I can sell the stock and move back to Florida or Georgia and buy a house with cash

Help

>>130122703
>Boomers out numbered by Gen X?
>What kind of delusional state of mind are you living in?
My bad, it was supposed to be the other way around.

Gen x out numbered the boomers.

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>>130122270
>boomers turn the world into rental hell
>foreigners buy up properties
>why haven't you bought a home anon
>lol millennials are so shit
BORN IN THE WORST GENERATION

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>>130114258
Because they're not seen as places to live anymore, they're more like poker chips in a giant high stakes financial gambling game.

>>130116251
Lol
>anon living in the arm pit of America doesn't want to move somewhere that sucks

Please stay

>>130114351
Average house price is literally 1 MILLION DOLLARS in Auckland. Ok bro whatever.

>>130122717
Not to be a dick or anything, but it makes me feel better to know that successful people like you are hurting just as much as me

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>>130122753
>>130122703
Wait actually, you seem to be the wone who mis read my post because that is exactly what was stated in it.

>boomers were outnumbered by the next gen as well
> were outnumbered
>were
>outnumbered

>>130122753

They never out numbered the boomers, you silly baby buster.

Also, the fact that the boomers were having their big liberation sex and drug parties in the 1970's suggests why gen x is so retarded.

All those drugs gave birth to 50 million crack babies who have lsd flashbacks.

>>130114258
>Why are houses so unaffordable?

Because boomers were brainwashed into hating their own children, by jews....

and the CIA...

But then, I repeat myself.

>>130123089
see
>>130123057

>>130114258
I'm living in my awesome Victorian right now with my wife

No house fags

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>>130122786
This gives JEW'D a whole new meaning.

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>>130122974
I know. I have a PhD and hold several Patents and I still have a hard time surviving here, I knew that going in but Jesus it is insane, it's worse than what any one talks about. I love my job and the technology is great as fuck but Jesus, a two bed one bath CONDO in foster city is still 1.5 million

Who the fuck this is that's a fair price? It's not even nice it's a shithole falling apart. It's insane.

Pic related is muh windows were working on.

>>130123108

Except they were never outnumbered by Gen X.

Even to this day, there are more boomers than Gen X.

Gen X won't surpass Boomers for another 15 to 20 years.

kek indeed.

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>>130114258

Bullshit. In the shining metropolis of Detroit, one can own a house for as little as 30 dollars. Prefer the more rural feel? Flint Michigan also has cheap homes. Isn't it time you got your groove on?

>>130114258
Buy cheap empty property and build it yourself.

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>>130114258
Here is a 5 bedroom 3 bathroom to raise your 4 white children in Dallas, Texas.

>>130123358
Anon. Your mill population is inflated with spics on welfare.

You are heading for MORE wellfare at this rate, the next gen in line is more liberal than ever and will take full control of the reign and you can bet your adss they will defend gibs because they are going to be the next generatoin to nbeeed it themselves.

I'm only trying to warn you that your fantasy of a utopian america isn't going to happen as long as you have welfare spics supporting welfare gen xers. Its not a self sustaining systems its self consuming.

>>130122833
NZ dollars, what is that tree fiddy in real dollars?

>>130123673

20% of gen x population is spics and gen x is half the size of the millennial population.

The good news is I am a business owner and support Trump.

So we should be seeing a massive drop in spics as I report anything that smells like beans have been working in the area.

I'v probably gotten over 10 local companies in deep shit by reporting to ice, those spics scattered quick and the business owners had to damage control themselves.

Still millennials outnumber gen x 2 to 1

>>130119267
This.

>>130114258

Why don't millenials get off their lazy asses and pursue a real job?

>thread killed by arguing about whether Gen X or Millennials are larger/better/worse
/pol/ has dementia.

>>130118827
>fucking weak
>european banking
there hasn't been a sub-prime home loan in this country sice mortgages exist precisely because we don't deal them out at rediculous 5% down payments. And yet home-ownership is not far behind the US'.

>>130122786
>quality leaf post

>>130114258
houses are investment assets not homes.

>>130124033
That's a funny way to spell autism

>>130115880
was the dead bitch still in it?

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>>130123950
>So we should be seeing a massive drop in spics
>implying you'll get anywhere wihtout a race war
>trusting a jew puppet

>>130119267

> The problem is that the majority homeowners are banks.

No they are not. The majority are private sellers, trading in private markets.

I'd say half the time the houses are up for sale, no one knows except for exclusive lists for exclusive members of those lists.

This is how the network operates, your local fat cats who keep hidden and run areas like little mob bosses.

The banks are more than willing to sell you a house for far less the inflated market value.

It is true however, a large amount of properties, especially commercial are owned by jews, who hide their names and even as a potential buyer, the deals are made anonymously through a middle man.

They don't want you to know that the same jewish family owns 3 or 4 blocks of commercial properties in your local area... it's how they control local markets and bleed the wealth out of the local areas.

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>>130124225

Welp, we won.

Not even 1 year into his presidency and deportations are massing at an all time high.

mmmm delicious.

>>130124077
That's because you didn't have an inflated labor market. Hope you start enjoying the taste.

>>130123993
Well, a real job requires 15 years experience in that very job. For some reason, I just can't get the job or the experience to get the job. I wonder why?

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>>130114258

Let's start with those tattoos.
no one will hire her if she shows up to interviews sleeveless. No one will keep her hired knowing she will show up sleeveless and be off-putting to clients.
I bet that is not even her own computer, she is at an Icrap shop and just demoing the unit.
Millennials are such morons.

>>130124421
I want you to know a little redpill.

Trump was sort of an outsider, sort of. But December 7 2015 he accepted the kosher tax seal, aka the good goy seal for business owners and all telling sign of kike colluding within a company, for his company.

Its because he made a deal with the jews to get in as presidency on the promise he would continue to defend Zionism and calm the rising republican party.

As long as Trump does it you will be his little robot and defend every kike whispered action he takes.

>>130124613

You don't get it do you?

Millennials are now the largest generation.

When the boomers are dead and gen x is struggling to keep numbers, what will be left?

Something like 90 million millennials.

Tattoos? Piercings?

No one will give a shit because it will be normalized even further.

Some faggot from a city three hours away (with a far higher median income) just bought a house in my small poor town to rent out. That shit should be 100 percent illegal.

>>130115294
>go to skoo'
>get decent job upon graduation
>immediately put self into 6 figure debt to usurious kikes
>pretend you own the things you can't pay for
>brag about this on a laotian cartoon amphibian portraiture forum

Pathetic.

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>>130124613
>everyone goes into the military
>everyone votes for veteran benefits
>everyone gets veteran benefits
Where are these gibs going to come from, fine fellow?

>>130124804
Fuck off about generation size. Yeah, the tattoos won't matter, because any job you can get will be worth jack-squat and you won't be able to afford anything but a small apartment and some bread.

>>130114258
People think its because of stupid bullshit like investment real estate or debt fuckery but in reality millennials that have employable skills are area restricted because if they've held any job out of college they become hyper specialized to a fraction of their field.
On top of this is that their partner is often specialized in the same manner and finding a home within range of suitable employment for both is virtually impossible.

>>130114258
Excellent article

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>>130124781

> calm the rising republican party

how do you calm something that's been dead since 2006?

Welp... she lost. We won.

Stay mad liberal.

>>130114351
Just closed on my third tiny house this week; paid off student loan last year. You mad?

>>130114258
None of the above. Homes are expensive because the rest of the world got more prosperous relatively and we let them buy land here even if they don't live here and in unlimited amount. Houses built in the 80's for $50-70k are now $370k

There has been a 600% increase in price, and about a 580% increase in demand.

Price simply reflects demand. Stop letting foreign millionaires buy apartments and homes to rent here. It's a solid return on investment for them especially when the property itself raises in value.

We can larp all day about solutions but the bottom line is it's a crazy money machine and it will continue until the entire country is like San Francisco or we ban/limit foreign ownership.

This is because it makes crazy high taxes on capital gains among the investment rental property community. It's worth paying to investors, but normal homeowners don't see it so citizens don't care.

You can't afford not to buy a house actually. They always go up in value right now. So much so that it's nearly impossible to not make a return even if you never rent it.

https://www.census.gov/construction/nrs/pdf/uspricemon.pdf

Also there is inflation going on, so that accounts for the rest of the growth curve.

Since average salary is not increasing, you generally won't have more buying power later. You should take out a loan and buy now. It will have a major return in most places in a few years. Ex Housing in Tampa by square foot has increased in cost 50% every 3 years for the last 20 years.

>>130118823
>get rich or die tryin
This nigga knows.

>>130116534

On those loans you have to pay mortgage insurance throughout the life of the mortgage. Have fun wasting hundreds of dollars a month because your cuck ass couldn't save 20%.

Stop being poor

>>130118011
I dont want to live in some human beehive fagget.

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>>130125756
You're missing part of the equation, like all the other speculators.

There is an actual limit to how high property values can go in relation to wages. If they get so high that wages just can't keep up at all, you'll see alternatives spring up like more trailer homes, people living in their cars, because people just simply can't afford it.

And when the market stalls, you see the great bubble collapse. This is not a cycle that can last indefinitely. The government can try to put supports in, trying desperately to keep the bubble up, but eventually it will fall, and it won't just fall with prices, it will fall with death counts, with riots, with fucking madness.

Personally, I'm not in a position to buy, and honestly it seems like making money off the devil's work.

>>130123506
>$83/sq foot
Not bad.

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>>130126260
>you'll see alternatives spring up like more trailer homes, people living in their cars, because people just simply can't afford it.

You see the stirrings of that now with the rise of "simple living" and "van dwelling" being painted as a fashionable thing, when really it's a reflection of an inward concern.

Being honest, I think the governments will just keep bailing them out to kick the can down the road.