Why are millenials not buying houses and cars?

something something avocado toast

I am starting to hate that cunt with her fake smile.

Has this guy ever explained why he makes Soe threads?

>>131884188
Average home price is $100k
Average millennial wage is $10

Gee I wonder why...

>>131884561
Me too. I'm also starting to understand why almost every pic of her I see is taken head on... that face gets even more fucked up looking from the side.

>>131884188
Been cucked into giving all my money to the muslims when I put gas in my car.

Been cucked into giving all my money to the kykes when I go to the theater.

Been cucked into giving all my money to the hindus when I buy a six-pack at the corner store.

Been cucked into giving all my money to the chinese when I need boxer shorts or electronics.

Been cucked into giving all my money to the spics when I buy avocados or strawberries.

Can't give any my money to whites cause lazy millennials won't fill any of the jobs or own a small biz. Fucking useless cucks we all are.

No money
Cost of cars, education, health care, and housing is incredibly high due to boomers using cheap credit to increase cost of everything. Wages constantly lowered due to outsourcing and mass immigration

Gee it's a mystery. It's almost as if exorbitant prices and low wages result in low living standards.

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I'm just glad I'm able to lease a vehicle.

>>131884188
Why older generations paying us good?

>>131885062
>Just work for $3 a day and sleep in overcrowded public housing

The problem is white people have a psychological desire to not admit being slaves

>>131884188
It's only going to get worse. The largest theft- boomers die off, which forces labor wages to improve, mass immigration to keep wages low, banks seize assets.

>>131884294

that guy made a legitimate point though

>>131884188
a car is the worst investment a person can make

houses we inherit

no need for hyperproduction and urbanization of rural areas or uninhabited lands

>>131884188
im waiting for the house market to crash, i already own a car

>>131884188
I own a car and I'm gonna buy my first property at 30yrs old. Is that a bit late? w/e gotta stop renting. The economy crashed while I was a sophomore in college, so I joined the Army and now I'm probably more well off than 75% of my HS and college friends. Being out of debt is great.

>>131884778
100k? Where in the fuck are you living that it isnt at least 300k?

>>131885348
Lol no

Only rich hipsters living off trust fund money care about meme food like avocados

>>131885402
>a car is the worst investment a person can make
it shouldn't even be in the category of what you might term "an investment" but nevertheless it might be a necessity to go out and get a job. Public transportation infrastructure sucks on purpose in the USA so that you're forced to buy one, but what are you gonna do? NOT travel the country?

>>131884188
because the only reasonable way to afford a house is to sell your old one.

>>131885282
Why aren't* my fukken brain.
Also I guess this is a result of keeping the bubble intant as long as possible

Because they believed that getting a degree in Liberal Arts would land them a high flying job paying 6 figure salaries.

But now they work in Starbucks.

>>131885735
cant say about the US but one thing europe has going for it is public transportation and cheap bus-train connections intra cities

as for the job aspect, more and more employers are stimulating workers to take a bike to work

also the cities here don't have such a huge urban sprawl element to them and they are easily traversable in order to go to work

>>131884188

Why is she always posted with the why are millenials posts?
Who is she?
Why is she relevant?

>>131885983
The problem isn't just uni students, it's the entire generation perpetuating a nihilistic zeitgeist. Of course uni students aren't helping and make matters worse from their inflated egos.

Because we're too aware of the jew to allow them to charge us (((interest))) on large purchases.

Pay in full or not at all.

Plus cars are depreciating assets. Plus we're all likely to get given property by the boomers once they pop- plus the boomers are just now inheriting shittons of money. There's something like 6 trillion of assets that's set to be transferred across generations over the next 20 years. Problem is our parents and grandparents have all of the money and assets- there's fuck all left in circulation for us.

>>131885478
Just bought a 2151sq ft home in the most prestigious neighborhood in my city for $250k. $100k would get you a pretty shit townhouse here, but you could definitely find something in the mid-100s easily.

Too many gay frogs

>>131886036
sounds awesome, nazi scum.
In the 1950s in the USA, car companies bought up both public and private rail lines and scrapped them so they could force the model of the "suburb" and the "commute" We've been saddled with it for many years.

>>131886333
>pay a kike rent for the privilege of sleeping in a tiny cell he owns
>pay a kike "interest" and "closing fees" for the privilege of buying property
You lose either way

It also seems like millennials are more willing to spend money on "experiences" that actual possessions

>>131884188
I bought a house when I was 23 and making 14$/hr. I'm 37 now and finish paying child support next month. Feels good.

>>131886392
>prestigious neighborhood in my city
>prestigious
>250k
where do you live? Gary, Indiana?

>>131886333
Rent is the same as interest

>>131884188
what's with all these gay liberal looks?

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>>131884188
Too busy SUCKING DICKS

>>131884188
Seems to me like this is only uni students
I'm 23 own my own car outright and am paying off a nice 3 bedroom house near the beach
Most of my friends who are working a trade are in the same situation

>>131886652
Because they will never afford possessions, so they have to settle for low cost travel and entertainment

>>131886653
You have a millenial, you stop paying child support, mom kicks it out, it shows up to live with you. lose-lose muthafucker.

ADJUST WAGES FOR INFLATION SINCE 1971 and see how badly you are getting fucked.

I can't walk down the street without some "insolvent, but still operating" boomer run institution threatening me with a £1000 fine if I don't fill out a form and give them my personal details.

>>131886392
baltimore?

>>131886599
tough luck, commie bastard

now if your leftist would stop supporting globalist parties and switch to a blut und boden nationalistic sustainability philosophy, life would be grad :)

>>131884188
mods do your jobs already, these threads ahve nothing to do with pol.

Boomers made it this way, Gen-X didn't do anything of significance to the world and just lived in their parent's shadow toked up on the platitudes of drugs that were available when they were young.

This generation is fucked.

They are not buying houses cause houses are expensive as fuck ?

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Is a $20/hr job enough to buy and maintain a house?

We don't have any money, simple as that.

>>131884778

Average in my area is a million.

Amem

>>131886647
>closing fees
closing fees are a real killer. Here's hoping some app or blockchain/smart contract technology makes realtors go extinct

>>131887141
There are about a million other questions you have to answer. What do you pay for rent right now?

>>131887159
Work harder, cuck. You just want gibsmedats like the rest of your kind.

>>131886647
>>131886769
Very simple - stay with your parents and pay them keep money. Then you're at least helping the family instead of giving money to (((them))).

Do that for a year or two and save up the money to buy a small plot of land, buy a container and make it into a small property. It's possible to do that for about £25k, less if you've got decent practical skills.

I did that and my container home is now rated to be worth 100k. Shows how batshit the property market is right now.

>>131887141

It is in AZ

>>131884188
Why is this questions always posted with this oarticular pair of very strange-looking 20 somethings?

>>131887162
>Time to move out of the basement anon!

many can't build any wealth because of student loans

college is a scam in this country honestly

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>>131884188

Education just for the sake of education will not guarantee a job.

>>131887017
>stop globalist parties
>nationalistic sustainability philosophy
nothing wrong here, but when I see your flag I read "KILL ZE VERMIN" - jews are no different than anyone else - they advocate for their own selves, they're playing the same game as us and they do it well.

>>131887471
>UK
I'd imagine that infographic would look a lot worse for USA

>>131887377
Basement in a million is probably pretty dope. Does it come with a nice ramen pantry?

>>131887282
Go do your homework faggot.

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>>131887246
I still live at home. In my area I see apartments going for 700-1200. I think it would make more sense to just live and home rent free and save up my shekels and just go straight for a 2 bedroom house.

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Have seen modern cuckmobiles?

>>131884188
Mom and dad already bought me one :)

>>131884188
They are single poor and gay.

>>131886185
This

>>131884188
spending to much on their got damn smashed avos

>>131887739
That's the way the whole rest of the world functions (or ought to), for the most part. Save up a big stash for a down payment and don't lose your job, and in 6 years you'll have built enough equity in the property that closing costs won't look so bad.

There are a lot of millennials out there who did literally nothing in their 20s and it skews all the statistics. People that got jobs and put effort into their lives are doing fine, you're just lumping the rest up with all the SSRI addicted man children who still live with mommy and daddy.

>>131884188
>daily 4chan partner shill millenial thread

>>131884188
They are too busy making millions at competitive card games.

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Generation Zyklon will.

>>131884188
They blow all their money on luxury items like hearthstone card packs, video games and release day iphones/consoles

No idea why you faggots always take the bait with these threads

>>131888298
I only know the feeling of being in debt from video games. I hated it so much that I never want to be in debt ever. I´d rather save for a house or build/restore it as I go than to chain myself to the bank for 25 years.

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>>131884778
>he still makes $10 an hour

nigga I hire 16 year olds at $9.75, you're fucked

>>131888092
>the vast majority is skewing the stats for the rest of us!
#notallmillenials

>>131884188

Oh look, it's this thread AGAIN!

>>131884188
>going into debt when there are still jews alive on the planet
maybe millennials are smarter than we realize

>>131888888
>wasting these
#yesallmillennials

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>>131884188
Keynesian economic policies, central banking, and lobbying corruption.

Every single person in this thread is wrong, and only addressing the symptoms of these three problems i have out lined - and that is irrefutable.

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>>131889298

>>131888058
I'm prepared to buckle up then. I really enjoy my job at the casino, wish I started doing it sooner desu. I make $20-25 which compared to the amount of work I actually do is comfy as heck.
Just want to start making my own life already, I feel perpetually as a kid still living at home. Hate having to feel shame living at home just because i'd rather save some money than fall for the renting jew.

>>131889298
When will it burst?

>>131889298
This
Mass immigration doesn't help either

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>>131885334

>staring in awe
Is this from these weird elsa/spiderman kid MKULTRA video's?

>>131887141
>Is a $20/hr job enough to buy and maintain a house?

A small one.
>$20/hr
>$42,000/year give or take
>Put $18,000 of that into a 401k, leaving you $24,000
>taxes might take another $5,000, so now you have $19,000
>Depending on your lifestyle, you might spend $500-$1000 a month on living expenses like food, clothing, cars, phones, etc. So that's $6000-12,000/year
>Leaving you with $13,000-$9,000/year. Or around $1000-$500/month
>Monthly PITI payments for mortgages typically cost around $750/month for every $100,000 borrowed.

Starter houses around me are in the 100,000-200,000 range. So by yourself, it would tight, but potentially doable. It would be easier if you had a partner, or if you're doing the bachelor thing, bring in your bros as roommates and have them be your rentcucks.

t. 28 y/o, bought $230k house last year on $27/hr.

>>131886890
at the market value of $40-$80 a suck, they actually should be buying houses, they have the income.

My friends in NYC don't want to buy a house. They say it takes too much time and effort to maintain it. They all make 100k+ a year in great jobs but all live in small apartments in NYC and refuse to buy a house ever.

They pay 3k a month on rent.

They refuse to leave the city because they feel that they will have to take care of their house and they feel like they will get killed by rural and suburban retards unironically. I'm not kidding. They complain about the weather and I tell them to move elsewhere but they think some "redneck will pick them off" somewhere. We're all 28 now and they refuse to go any further than DC because they say they will get killed.

They're fucking brainwashed to believe that everyone from the south is some deranged shooter.

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>>131891247
>They all make 100k+ a year in great jobs
>100k
>great job
Any cuck can make 100k.

>>131888888
Those digits.

What a waste.

>>131890631
In Europe Prices of houses have always been higher. It used to be a house cost 3 times the median income (this was around 1960-1970) so when Americans could potentially payoff their house in one year Europeans already had to save at least a decade to buy off their house from the bank. Nowadays the price of housing is even more ridicoulous as a appartment of 65M2 (or about 700 for americans) is about 180.000 euro. This is about 6 time median yearly wage, also this is also in a cheaper rural region. The more expensive regions like Amsterdam ask 350.000 for only 60m2 apartments(645 square feet) so about 12 times the median yearly wage for a house just big enough for you and your dog.

>>131891247
$100K in NY is middle-class.

But, aside from that, they sound dumb.

>>131890631
Thanks for the insight!

>>131891576
Well one is a physician assistant, another one a chemical engineer for GE and one works for Sony as a cellular programmer.

They're booksmart but not streetsmart.

>>131891737
It's more than a 100k. The programmer makes around 200 or somewhere along those lines because he has a master's degree in computer science.

>>131889298
We haven't used Keynesian economic policy since the mid 1970s.

>>131889298
>implying keynsian run the economy

>>131884188
>I was born in Texas, but parents are Saudis, they return to Saudi Arabia after 6 months of my birth, so I grew up there till age 18
>Radicalized till age 16, stopped believing stupid religion at that time
>Which is when I realized I was an American. Start reading shit online that opened my mind.
>In last 2 years I study and read so many books, at graduation
>I qualify for King's Scholarship to study medicine in my birth state.
>King's Scholarship pays for tuition, that's about it.
>Not enough so I work at a super market part time and sell pot to libshit upper-middle class white college kids.
>Fucking 9/11
>Now I really hate Mudslimes, because people treat me differently than before.
>In hindsight, I don't blame them.
>All that time I collect money and live in ghetto ass south Dallas
>I take loan and open my own grocery store north of Dallas.
>Drop out of university, work full time at grocery store.
>Hire some college kids to work for me.
>Live in the warehouse of the grocery store, no rent for the next 6 years.
>Kids think I am weird.
>Go to college again and start learning how to code.
>Meet this cute Asian girl who is studying psychology, we go out.
>Start making stupid apps on android and make extra good bucks with ads and ad-free pays.
>My bank account hits 7 digits. I am a millionaire.
>Hire some black guy to manage my store.
>I buy a 3 acre land, turn it into a homestead with a nice town hall. All in all cost me ~350k
>Solar power, a water well free food from a range plants, chicken and goat.
>GF moves in full time and lives with me and take up working with me.
>We make more then our needs, the extra organic food is sold at the grocery store for double the price of supermarkets.
>Make mad buck.
>Expand, open a restaurant by day and a bar by night.

Millennial here.

Just waiting for the boomers to pass away so I can rake in the millions of dollars from dumb millennials who blow all their inheritance money on expensive services.

Then when they complain and try to fight back with violence and crime, I'll be voting for the right wing work camp.

Fun future.

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>>131884778
Strep 1. Be millennial and progressive.
Strep 2. Get government job and fall into party line.
Strep 3. Profit since your pay is legislated and comes from other people's money.
Strep 4. But a , shirk accountability at work.
Strep 5. Get fat, impregnate your fat ugly wife.
Strep 6. Have fat kids with low iq's and indoctrinate them into conformist nonthinking bastards
Strep 7. Rinse repeat.

>>131891247
>rural and suburban retards
Fucking Obamaleaf

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>>131884188
>4188

SO.FUCKING.CLOSE.

>>131884188
No fucking money OP.

No good jobs
A shitty "gig" economy
Debt from school

It's no wonder, and it blows my mind that people still ask this.

>>131884778
100k for a house? I wish dude..

>>131892197
Nice job if true
Living the American dream

>>131884188
is that his sister?

>>131885983
>just go to uni and get any degree!
The boomers caused this

>>131892197
>Have more money than I know what to do with.
>Buy gold and silver, weapons, ammo, a new tractor to make the farm more quicker and easier to work with.
>Rebrand the restaurant / bar to be more classy and authentic.
>Build a small hotel on top.
>Trump is elected president of USA.
>Joys of tear
>Have a baby boy due in August.
>TFW You own a hotel like your icon.
>TFW Business will only get better thanks to Republicans.
>TFW Your kids will have a better future then rest of stupid spics and niggers.
>TFW He will ship out all the illegal spics out of the country.
>TFW He will build the wall so they don't come back.
>TFW I live in a low population area around nothing buy white people and some Ssians.
>TFW staying the ghetto is the problem of all stupid niggers and spics.

>>131892197
>do all this in the Middle East
>a few years after you become successful, your house and family get blown up by a thermobaric hellfire fired from a predator drone
>oops thought that was the button for toggling the flaps lol it's my first day so randumb bet you never saw a girl drone pilot b4 i am so top gun lol
>aaaaalllllllaaaaaaahhhhhhhuuuuuu aaaaaaaakkkkkkbbbbbaaaaarrrrrrr

>>131884188
Zero financial responsibility
Lack of education of anything other than "social justice" related content

>>131884188
I'm a millennial but own several million in real estate

>>131884188
Because they are too busy watching eCeleb whores on Jewtube and gossiping about them on social networks.

>>131888867
Pay better wages, or you're a sandnigger

>>131884188
checked

are those 2 people trans?

>>131887307
where do you live you can have a container home?
i would do the same, but i live in a place that is virtually impossible to build a non-standard or non-ecofriendlymax house.

>cars

Money sink. If you waste money on a car that could be going towards property then you are a confirmed brainlet. An A-to-B vehicle is all you need

>>131885402
Except in rare cases, a vehicle should never be considered an investment to begin with. A vehicle is simply a transportation tool, albeit an expensive one--no different than any other tool.

>>131887471
And every fucking roastie and her whore friends gets a fucking psychology degree... No wonder its worthless.

Because I'm not taking a loan from the Jew banks to pay them back double.

>>131884188

who makes these shit threads very day? sage

>>131893722

you're a millennianaire

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Because they're stupid cunts who can't manage money or plan for the future.
In London there are heaps of them who live in shared accommodation in expensive boroughs paying 800+ sterling for a room, changing jobs every year and forgoing raises and bonuses because theyre not 100% satisfied and want to be mobile and try out new stuff then they complain they're not earning enough.
They all have the latest phones and dress up in expensive clothes, go out 2 nights a week and go on their cheeky long weekend breaks because they feel they have to consume as much as possible because you know, that's the best way to make the most of the best years of their life.
I'm a mileniilal myself but I'm glad I can see through this. Our current batch of milennials in the office would rather buy 8 quid lunches and a 4 quid coffee and croissant instead of cooking for themselves because they're sooo busy.

>>131889298
>USA
>Keynesian economic policies

Pick one.

>>131884188

We don't have the fucking money, ass hole

oh man everything is going to crash and burn hard within 20 years

>>131885403
Same. Renting cheap and sorting out retirement funds for now.

dont reply to op he is a datamining NSA nigger. many of these replies are bots using replies from previous threads.

>>131892197
>saudi
>goat

wew

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Average house in my area costs $700,000
Average income is about $45,000

Average wages haven't risen by all that much - even with an engineering degree and 5 years' experience, you'd be making about $70k. Less than 10% of the population makes a 6-figure salary on paper. After taxes, student loan payments, car insurance, food, electricity/phone/internet bills, $70k doesn't go that far

You would need a 2-income household, preferably with a partner who also has a useful university degree and is employed making about $70k. But people are interested in hooking up on Tinder and marriage is becoming rarer, so you can't guarantee a stable, long-term 2-income household as a base for a mortgage that large.

"Move to another area" - no high-paying or career-building jobs (or any jobs even) away from the expensive cities. Many houses are bought with large down payments acquired as gifts from parents, or parents and family co-paying. Money coming in from abroad (China, India).

There's very little "natural" growth - go to school, get a good job, get married, buy a house - this shit is happening less and less, more activity in the housing market is foreigners, boomers, speculators, banks, etc all financed and encouraged by ultimately central bank funny money.

Basically, shit's all fucked yo

>>131884188
A combination of factors:

>Poor money management skills
>Reliance on low-skill, low-wage jobs
>Frivolous loans (new cars, credit cards, etc.)
>Insisting on going to 4 year universities instead of clow-... I mean, community college for non-specialized degrees
>Student loans that they'll never be able to repay
>Coddled upbringing by middle-class, financially stable parents

There's more but I can't remember the others.

>>131884778
get over yourself and yopu disgusting angst and wade in. in the early 90's houses were 65k and min wage was 3.35. if you are starting at the bottom, it's always tough. the flipside of that coin is that when you have some success, it belongs to you and you alone.

>>131884188
>be 30
>own car outright
>almost done paying off house.
>not a fucking dipshit at managing money.
Feels good man

>>131886951
Canada, too, Nigel. Been stagnant since '76-'77. Basically my whole life has been watching the standard of living go down. Feels great.

>>131904317
Oops, forgot this:
http://globalnews.ca/news/3531614/average-hourly-wage-canada-stagnant/

>>131884188
They can't afford those things you moron

>>131884188
I'm a millennial, I own a car, have plenty in savings, and a retirement fund going.
Not all of us are retards, just autists.

>>131884188
They are to poor from spending all thier money on Trayvon's girl, thinking that she wants a white boy.