Why are millenials refusing to take the housepill?

>>136115338
ah FUCK i bought avocado toast again completely by accident

>>136115466

Typical millennial lack of self control.

Sad!

>>136115338
>If you spent less on Starbucks
Haven't bought coffee in almost a year
>video games
Only game I've bought in like 3 years is Breath of the Wild on Wii U
>pornography
lol, good one Grandpa
>and avocado toast
I make this at home. A loaf of bread costs $4, Avocados are $2.5 each.
>you could afford a house.
lol No. 90% are totally priced out of the market regardless of the things from which they abstain.

>pornography
Who the hell is buying pornography?

>>136115497
Many such cases.

>>136115338
>people will reply to this

>>136115507
>90% are totally priced out of the market regardless of the things from which they abstain.

Australian education, everyone.

If that were the case, nobody would be buying, and the prices would adjust downward.

>>136115338
How about instead you ask what's the discount rate of the federal reserve? And what are mortgage rates for nwe home buyers? And what has happened to the purchasing power of the dollar? And what is the real inflation rate- not the bogus 2% per annum?

>>136115338
>millenials
This word has lost all meaning thanks to retards like you.

>>136115705
Nice troll.

It's the same 10% buying all the available properties.

In Australia millennial homebuyers are priced out by Chinese and a group of homegrown boomers.

>>136115809

I only know about the American housing market.

If what you claim is true why do Australians allow that to happen?

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>>136115338

I DONT KNOW, LOL

>>136115887
Nigga shut up. This shit happens here too, houses here are 600k plus. The only people my age that can afford houses are chinks and trust fund kids. Still saving like crazy, I'm investing in the mean time. I'm more frugal than you are and it will still take me a few more years.
T. Californian (fucking kill me)

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>>136115338

add in tripled healthcare premiums due to Boomercare

really makes you think

>>136115887
It's happening here in the US too. It shouldn't be allowed to happen which is why we need national socialism now.

>>136115945
>Canada

This graph means nothing to me.

>>136115338
We're simply waiting for the boomers to all die off in 10-20 more years so housing actually becomes affordable seeing as how they own all of the properties, meaning one person owning multiple homes and pieces of land.

Plus, lots are saving money to move into cheap states like Montana, Ohio, New Hampshire, etc.. which is also why most are living with their parents still, until they can afford a 2 bed, one bath house for 10k+moving expenses.

>>136115887
>If what you claim is true why do Australians allow that to happen?

It's orchestrated by a group of politicians that benefit directly from the situation which they have created.

People go along with it because they have more immediate problems like struggling to pay their rent and bills, let alone saving for an investment or their future, or they are distracted by asinine issues. We're also are stuck with a two party system in which both parties are exactly the same so voting in change isn't really an option.

I don't know how to rectify it. I just know that home ownership will be a pipe dream for this and possibly the next generation in this country.

>>136115507
loaf of bread is 4 dollars lul

>>136116083

check the next post faggot

>>136116107
Seriously
> On this episode of newfag college student who has never thought for themselves first thread on pol

>>136115338
Right if i had not bought that game last month i could already afford a house...faggot

>>136116011

I'm a Californian too.

California home prices are higher because wages are higher in California too.

Always been that way (post WWII).

Lemme guess: you subscribe to Netflix and have an auto loan?

>>136116087

you don't fucking get it, do you? as long as Boomercare is in place, the millenials are going to get sucked dry. All the Boomers' rising healthcare cost will be offset onto Millennials so that the Milennials can pay their 'fair share'.

When the boomers go bust, millennials (in general) wont have any cash to buy the houses.

GUESS WHO WILL THOUGH, LOL

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>>136116122
I buy this bread. It's delicious and in terms of macronutrients it's virtually unmatched. I believe it is worth the price.

You can by a loaf of white bread for $1 but it has little nutrients.

>>136115338
jobs are near cities.
nigs are in cities
don't want to buy a house near nigs

>>136115338
To be honest avacocados are a good source of high density cholesterol which is great for you and will prob save us lots in healthcare costs if our diet is truly high in avacado

>>136115338
>avocado toast
I'm loving this meme

>>136116217
Negative famalam. Torrent everything and drive an 05 Hitler mobile I bought for a few thousand cash.

>>136115338
>taking out a loan for one of the only available homes on the market that are around $1,000,000.00 each
Nice try, jew.

>>136116203

It adds up. I know millenials that have spent thousands of dollars in their adulthood on video game systems and discs.

>>136116171
Can you explain the ways in which that post is wrong?

>>136115338
>I'm a real estate agent and don't understand why people don't want to buy my overpriced garbage houses. I need to make payments on my second porches!
Hmmm, I wonder why I feel no sympathy for you.

Ive seen people say that buying a house is a jewish trick because you never really own it due to property taxes and it locks you into one place, which the vast majority of people cant afford without taking out a loan.

And Ive seen people say that renting is a Jewish trick because youre paying someone else's mortgage and have nothing to show for it by the end.

So which is it /pol/?

>>136116235
>buys the most expensive bread because of MUH NUTRIENTS
>still blames MUH CHINESE for not being able to afford a house

You are pathetic.

>>136116315
I was agreeing with you and calling op a massive cock suckling fag that still lives with his parents or goes to a lefty college where he thinks being right wing stops at being cringy and edgy.

>>136115338
because I want to own a house, not have some jew give me shekels to buy a house for them

>>136116302

Good. You're ahead of the curve, then.

>>136116366
everything's a jewish trick when your country's run by jews

>>136116410
Ah k, my bad.

>>136116366

If you listen to these nincompoops, life is a Jewish trick.

>>136116366

the truth is you're a faggot

>>136115338
If you're not selling, people aren't buying because of you dumbass. Let me ask you this, how often are you training

>>136116203
If you're living in Switzerland and don't own a house by 30 youre a literal son of a whore and good for nothing.

Lived with my parents till 24, saved 35k a year (60k salary).
Started working immediately after my apprenticeship (finished with 18).
So 6 years of work and saving ive got 210 k savings, bought a house for 720 k (paid 20% rest is loan).

Now i live for 600 francs a month while earning over 6k.
Just because the swiss are bitter sad people they move out at 18, cant save shit and fail in life.

T. Shkelqim fucking your swiss teens and sending money to my homeland.

>>136116366
if you buy a house you can rent it out to pay the property tax
BOOM

>>136116415

Why would you save up when it will take you decades and you're not taking advantage of government-subsidized loans?

>>136116536
Atta boy!

>>136116314
Adds up my ass. Lets take college loans for worthless degrees out of the equation.

>thousands of dollars
Surely not 250k (the cost of a 50m2 apartment in my area).

I bought a new car for 20k that I payed off in 2.5 years, not spending money on worthless shit, but not eating stale bread and cans, either. Yet to afford that apartment I would have to pay 700€ monthly for the next 30 FUCKING YEARS.

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>>136116366
You're so close to realizing how the jewish trick works, yet so far.

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>>136115338
I am a literal millionaire and I refuse to buy a house in the area I want to live because they're overpriced shacks, and I refuse to buy a house in an area I don't want to live because I don't want to live there.

Maybe when the housing market becomes more reasonable I will. But until then, some shitbag boomer isn't overcharging me $300,000 and giving my hard-earned inheritance money to their shitty pleb children.

>>136116550

and the cycle continues, you absolute faggot.

HURR DURR I WANT ANARCHIST SOCIETY WITHOUT REALIZING THE UNIVERSE IS ALRADY ANARCHIC

literal brainlet tier

>>136116429
Again, why the fact you claim in ahead, 23, married with dual income, no kids, no expenses, living frugal as fuck, and it still will take me way longer than my parents or their grand parents because of chinks and trust fund kiddies.
I don't even know what your thread was about anymore. You just seem like a turd burger College student that thinks you will be better off than everyone else because you think you are thrifty. You won't.

Same fucking boat, the chink 1% class moving into cali in droves, that and 12 beaners families pooling into 1 house

>>136116314
Well i love video games but neither do i have thousands of shekels for games nor do i have it for a house while studying

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I'd rather buy a house than rent one.
Just a shame that the cheapest houses in this country are $15.000. And the cheapest are always in shit condition

>>136116399
Yeah, no doubt if I ate that shit tier sugar filled white bread with no fibre the $156 saved annually from that would allow me to buy a house in no time.

>>136115338
It puzzles me that someone would buy anything more than about $120 in food per month and a good computer. All other money should go into the bare necessities of living such as shelter, a means of transportation, work appropriate attire, and internet with the remainder going into investments.

>>136115507
>Avocados are $2.5 each
Holy shit stop eating this waste of money.

Every market is different, but my local market is great for investing. I'm 27 and just put in an offer for my 7th house. I've got no money in these houses, though I have 40% equity, and they're renting out for $400 more than I pay after PITI. Idk if I found the GTA infinity money glitch, or if people are just too lazy to do this themselves.

How to buy house?

>>136116674
I'm ahead"

my parents already got two houses why should i buy another? i will just inherit one of them or buy it from them if they need money when they´re in pension

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>>136115338
>crappy 1 bed room bungalow dumps sell for 1.3 mil in Toronto
>Average wage for most Canadians across the board is about 45k
>To afford a shitty home inside Toronto will cost you up to 28 years of your life if you literally save every penny.
>moving outside the city you get houses for about 400k, but then you have to commute for 2 hours to work said job.

Golly gee

>>136116638
The market is not going to be more reasonable ever. Supply and demand.

>>136115338
I'm a proud homeowner, multiple times over.

My secret is that I never use real estate agents , and the houses I buy are rarely listed on MLS. .

You can go fuck yourself for a 3% fee. you do literally no work, especially on buyers side. My wife and I always find the houses we want, even when we tried using an agent. All you have to do was send an email to the listing agent to arrange a tour, which I can easily do. I can tour the place myself, and I worked as a contractor so I'm 10x more knowledgeable than you about the condition of a house or piece of property (likely, not 100%, but almost always).

After that point, Title Company and Bank take care of literally 100% of the paperwork and deed transfer. You do literally nothing.

fuck real estate agents, fuck MLS, and fuck your whole industry.

>>136116638
>millionaire
>inheritance

You can't rent out anime figurines.

>>136115338

Its adorable that there are still people who think homeownership is a sound financial decision and something that should be a goal for people


>MUH equity
>MUH land

Its never your land and its never your equity. Millenials understand this

>>136116771
>email the listing agent of a house that isn't listed

u wot?

>>136116756
Leave Toronto. Unless you have a highly valued skill, you've been priced out of that market.

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>investing in depreciating assets

>>136116722
And you'll end up fat from all the empty calories. Then your Dr bill will soar. Don't listen to the white bread fatty fat.

>>136115705

No. Its huge unvestment companies and banks atuffing all these tsunamis of central bank printed paper money into something .. which is hpusing. ( and also there is chinese money ).

>>136115809
This guy gets it

>>136115338
Because houses are expensive and we're sick of mindlessly supporting old fucks like OP

Why buy a house when you live with parents? way cheaper

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>>136115466
>>136115338

That fucking avacado toast!

I'm pretty sure it's a plot by the Jews to keep us in poverty.

>>136116850
When have house prices gone down for more than 2 years in a row?

>>136116731
>Avocados are $2.5 each
>Holy shit stop eating this waste of money.

Relative to the price of pre-prepared food in this country it's nothing.

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>>136116849
I would if I could actually save enough money to get out of here comfortably. It's tough when 50% of your pay check goes to tax and a large chunk goes to college+rent.

Also doesn't help that the SO is doing really well working in a bank and doesn't want to leave this terribly priced city. Fuck.

>>136116908
Because it's not as much the chinks moving money out of china as it is the 10% buying all the houses that the people that they were made for can't afford.

>>136115705
While governments allow foreign investors to buy property you can indeed have a situation where the local population is priced out while prices remain high or even grow. A house becomes a commodity to be traded and not a home. This is good for government in the short term as artificially high house prices give the masses the appearance of wealth. However, it destroys any sort of community in the medium to long term.

>>136115338

because they cant afford it retard

no one can afford to have the nuclear family lifestyle because it takes both parents to be working good paying jobs so people just live in apartments or never move out of their parents

Impossible to acquire a down payment while on a Walmart and hairdressers' wages. The only thing to do in that case is to save for 20 years and move some rural place that will take an hours commute to work.

I already pay $950 a month for a 2 bedroom. This is the best it's going to be.

>>136116047

It happens BECAUSE u have socialism ... u fukking fegenetate.
( zentral banks is hallmark of sozialism and communism. As well as all those regulated work n wage markets,
( which is the reason chinese are more competitive in the first place )

>>136115338

They are just saving them for all the shit skins the kikes want to accommodate in our country. Since feminism is so great and woman are fat pieces of shit. Who to say they won't just abort the baby anyway? Those homes are for all the Illegal Mexishits and shit skins that have families. So libshits and kikes want to bring more of them in and have them take more jobs away from American Citizens and blow up the population density in areas. Because an Elitist don't give a fuck. They live some where else in the world. Not in an area they want shit skin galore at. Then my tax dollars can go to feeding their families. If I even have a job that is!

>>136115338
>Buying a house
Fuck that shit. Maybe when I cash out from startup equity, but until then, I'm a software engineer and I work literally anywhere.

>inb4 MUH student loans

Fuck your inb4 horseshit, you know damn well most of us are in debt to our ears for almost a decade after college. Fuck going into more debt.

>STFU. If you spent less on Starbucks, video games, pornography, and avocado toast you could afford a house.

I'd rather have those things than own a house desu..

>>136116916
>the price of pre-prepared food
Don't buy that either. Stick to the least expensive meat, the least expensive fibrous vegetables, and filler such as rice, beans, and oats. Use common spices to make it taste good.

>>136116958
>the SO is doing really well working in a bank and doesn't want to leave
Don't blame the city for the anchor.

>>136116536
Im not living here, just working for my dual study and im not even near my 30s. I get paid 1100 chf / month have to pay taxes insurance and rent, so how am i supposed to own a house by now

>>136115338

Millennials don't want houses because they value mobility. It's not because they spend too much money on avocado toast.

>>136116689

>living in cali to begin with

>>136116732

cool job faggot

>>136116771

have a (You)

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>>136116620

I don't know how the Polish housing market works but in America, nearly all people take out a mortgage. In your case they would usually make a down payment of 3%. If you can't save $7,500 then you should just consider suicide at this point.

>>136116756
This

That and the rich chinks flood our country driving costs to, oh and this retarded liberal government not accessing l addressing the economy.

>>136116848
We tried using an agent once, and that was their entire role in the process - emailing listing agents.

Eventually, we found that local forums and listing sites that are separate from the MLS allow us to reach homeowners directly, so you're right, it's a moot point now.

well, almost - there was one case where we found an MLS listed house. I emailed the agent to tour the house, and I liked it. So I got the guy's info off of public records, wrote him a letter, and told him that if he fired his agent I would buy the house at 96% of listing price. he bitched, but when I broke down the math for him and showed him that he would lose near $50,000 on collective 6% fee, and that any other buyer would talk him down at least 4% before that point anyway, he didn't even hesitate.

last 3 houses we've moved into I've bought directly from owners with no REA involved.

>>136115338
because i'm not investing 500k in a 100k shack built in 1950

>>136115705
People who already have overpriced homes sell them to buy new ones. Boomers are constantly told by the media they need to downsize/upsize/flip so they leave there perfectly good home.

Houses need to go down by 50% and that's just a compromise. No one with a college education should have to take out a 25 year mortgage for something that would be considered a poor man's house. I am within the top 20% of income earners in leaf land and I would still be mortgage poor to buy a place within driving distance of work.

>>136116689
>12 beaners families pooling into 1 house

That's actually lowering home values because they are not going out an buying one house per family like normal Americans.

>>136117177
Oh yeah ffa loan. Good luck with that.

>>136117177
>implying that flag is Polish
>implying you can't get away with 0% down with a USDA loan or .5% down with an FHA loan and down payment assistance

>>136116228

This.
Boomers ( selfentiteled, independent women) LITERALLY destroy the world .. ( with their parasitism )

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>>136116087
This
So tired of the fucking boomers
Social security will stabilize (more than it has been) when they're dead and not sucking it dry
Property prices won't be so fucking sky high as every house, apartment, etc won't be owned by boomers
Jobs won't demand so much fucking bullshit priors as boomers won't be running shit
Politicians (at least in theory) won't suck as much cock since they won't be boomers

Christ why won't they die. At least our kids will live in a boomer free world
But they will live in a millennial run world aka boomers pt2 revenge of the pussies

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>>136116862
> live with parents?

you can't build a family of your own while living with parents.

SORT YOURSELF OUT

i'm not saying you should rent, I'm not saying you should buy. both those cases are stacked against you.

time to enact political change faggot

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>>136115338
Because I'm too scares to go to college due to indoctrination and teachers failing me for my conservative views. I want to go for Toxicology. This place is depressing. This is one of the most liberal counties in Commiefornia.
My dad works for the state college so it would be one semester of paying for it and the rest would be free.
I know I can do it, but... I feel there is no hope right now. Things aren't getting better.

>>136117151
Where did you get from my comment that I don't also buy those?

Also, you're not able to comment on the price of meat and produce here. It's phenomenally different to the pricing in the united states.

>>136115338
Why the fuck would you buy a house today? Given the impending death of the West it's rather silly to entrench yourself in circumstances that make it harder for you to bail at a moments notice.

>>136115338
STOP BUYING ANYTHING ELSE SO YOU CAN JUST ABOUT SCRAP TOGETHER YOUR PENNIES AND AFFORD TO BUY A HOUSE TO PROPOGATE MY MASSIVLY OVERINFLATED INDUSTRY

>>136117177
You need at least $10,000 closing costs added to that down payment.

>>136117177
I pay 600 less than that in a big ass house in silicon valley with 2 of my best friends.

Maybe when I'm 30 or 35 and settle with the gf, i'll get a house. But right now, I don't know who the fuck would buy a house in their 20s.... unless maybe if they had accidental kids.

>>136115338
I want to take the house pill though anon, I fucking hate living in apartments. Any advice for a prospective nigger such as myself?

I don't spend much, but I've got a pretty low income job at the moment and I just enrolled back into school with the hope of landing something better in the distant future. In the mean time though:
>getting my shit together, starting with building my credit
>attempting to save as much as possible
>only have one debt, and it's under $100

>>136117270
>>136117177
Fha* again, good luck with that.
Sure they appreciate you being a good goy

>>136116732

Good job! What area is this?

I'm in Southern California.

>>136116747
>relying on inheritance

Spoken like a true millennial.

>>136117228
You're lucky. In NC, selling agents stick you into contracts so you have to pay them regardless of whether they brought the buyer to you or not.

>>136117304
This.

Best bit is that living with your parents works as political action. That's how little effort you need to put in /pol/

Just go mgtow until the collapse and swoop in when the pussy bubble bursts

>>136117372
I'm in Eastern NC. Forget about real estate in Southern Cali. I know some flippers out there, but even those margins are tight. If you want to make money, you have to invest anywhere but Southern California.

>>136115338
>tfw the only expenses I have are electricity bills, water, rent, food, internet and uni taxes
>tfw still can't afford a house
I don't even have a car or buy gas for the car. I don't even smoke nor have a fixed phone bill (I just recharge as I nedd more credit)

>>136117372
Op gives up on defending his post, instead attempts to make friends on an anon message board. Also Orange county or get the fuck out.

Single KHV dateless 28 year old that just bought a 3,000 square foot 500k USD house in Cash. Ask me anything.

>>136117268

It also tears up the homes. I remember back in the day my friends Uncle rented his GP's old home to Mexicans. They were pulling up floor boards and shitting under the floor of the house. This isn't their country. You aren't their neighbor. They don't give a fuck about you or you economy! They don;t give a fuck about your country. That is why they are mexishits because they aren't Americans. FUCK MEXICANS!

>>136117294
Millenials are only not as bad as the boomers because of a lack of opportunity. We've been living on the virtues of the past for at least 70 years now.

>>136116732
>GTA infinity money glitch
Nah, you just found a way of making money.

I own equity in a startup and if it sells for the predicted 400m I get a chunk of that.

Your houses could catch on fire, your tenets could fuck them up badly, etc. $400 x 7 isn't that great of a salary.. even side money.

But hey, at least you own 7 houses!

>>136116235
Weight management and wheat is a contradiction in and of itself.

Unless u want to manage your weight up ...
And or unless u call starkch ( = basically sugar, but with even more calories but no sweet taste ) a good idea to eat

>>136116732

Just wait until you get shitbird tenants.

>>136115338
DID YOU FUCKING TALK SHIT ABOUT SMASHED FUCKING AVO ILL HAVE U KNOW THAT SMASHED AVO IS THE BEST THING SINCE SLICED BREAD

>>136117290

KIKES you stupid fucking idiot!

Just like they did to Germany.

>>136117510
How do you make your money?

>>136117315
I understand there is a major difference in Australian prices, but I also understand avocado is cost-inefficient as far as vegetables go. In my case, frozen peas, lima beans, green beans, and broccoli are king. Although more expensive across the board, Australia would also have fibrous vegetables which are the most cost-efficient.

Realistically, you shouldn't waste your money on prepared bread either. Other filler items are more cost-efficient. The difference here is likely less than picking the most cost-efficient meats and fibrous vegetables, though.

>>136116721
>Dannebrog
>$15000
My shack of a summer house on Lolland is worth many times that. I can't imagine anywhere in this country where you can get anything for $15000 that's not a literal ruin, 2 hours away from the nearest jobs.

Guy builds a house, by himself, from literally nothing

https://www.youtube.com/watch?v=P73REgj-3UE

what the fuck went wrong in western society?

hint: it's all in the laws

>>136116771

How do you buy if they are not on the MLS?

>>136117540
I get a little under 3k in cash flow, depreciation write off, the forced appreciation from the renovation, and after I refinance, I don't have any of my own cash in the deal.

>>136117597
I have a property manager for the day to day stuff and I thoroughly screen tenants. When I buy these places, I completely gut them and remodel them for under 10k, so worst case scenario I'd have 10k in repairs.

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well /pol/ can you guess right?

crackshackormansion(.)com

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>>136116812
Fucking moron. My family has had a policy for 3 generations of never selling a house if they want to move, rather they would put it up for rent.

My brother and I inherited it all and collect rent money from 9 properties. We will both be buying more to add to the collection. Use Jewish tricks to your advantage.

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>>136117294
Nigger it's like you faggots really think that millennials, when they own more property than boomers, won't try to make just as much money renting out property. Yeah boomers are going to die, then you're just going to be bitching about someone else trying to make money off your poor ass. It's hilarious you don't have enough awareness to see that. Houses aren't just going to magically turn into communes or some shit.

>>136117754

>I have a property manager for the day to day stuff

smart man

>>136117050
Added to this is the fact that the political class throughout the Western world directly benefit from these artificially inflated prices. To restrict foreign investment would be an exercise in self-harm which they are loathe to do.

>>136117584
The weight management thing is just an advertising meme. It's percentage of seeds almost matches the percentage of wholegrain flour used.

It's just the highest protein, highest fibre bread available in our market that isn't exorbitantly priced and it tastes really good. Two slices of that an half an avocado or beans is a satisfying and nutritious meal. This thread isn't about bread though and I feel like a shill.

It's just good bread.

Seriously though what is boomers obsession with the avocado and bread. I prefer it on my sandwiches to cheese. It's not exactly an expensive item.

>>136115338

Ok let me find $800,000 dollars for a 2 bedroom shack

>>136117765
Fuck of bps

stop telling people about us

>>136117647
>but I also understand avocado is cost-inefficient as far as vegetables go

Really depends how it's being used in meal preparation. As a satisfying spread for bread it's fine.

I wouldn't use it as a side dish for a meal though. It's for light lunches or substantial snacks.

>>136117786
I did my own property management for the first few houses just to learn everything, but it's worth the $400 a month I pay them to not get calls at 4 in the morning.

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>>136116850
Are you actually retarded.

One of my houses in Seattle was purchased for $98,000 in 1991. It's now worth almost a million.

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>>136117765

>>136117315
>you're not able to comment on the price of meat and produce here. It's phenomenally different to the pricing in the united states.

Yet you're inserting yourself into a discussion on the US real estate market.

It's an American world, Abo; you're just living in it.

>>136117647

>people are now arguing over the most cost-efficient vegetable that will save them at most $100 a year

the middle class is so incredibly fucked

>>136115541
yeah. I never heard anyone say "I buy porn"
Wtf is this.

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>>136117650
Cursed housing bubble

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>>136115757
they're educated now, degrees and all, let them study and tell us why they can't get ahead in life

>>136117754
It's not bad so 3k a month -10k renovations.. so 60k in renovations.. and you make 36k a year cash.. Not bad. But I don't think it's anywhere near a glitch in the system. Also, if you own 40% that means the bank really owns your houses.

My CEO would never let even a VC own more than 20% let a lone all our investors combined.

Then again, I'm from svalley, where the average pay is 140k a year salary. So maybe 3k a month is fn awesome where you are.

>>136117977
The correlation in real estate is a lot closer than groceries.

And I've been commenting from a perspective of the Australian real estate market.

>>136117791

It takes a pack of MExishits a month to frame/build/Sheetrock/shingle a house plus a white electrician or plumber some where maybe.

Yet the average earner even in a lifetime couldn't get anything nice at a 200k range. Now this is where I get pissed. I'm just as poor as those Minorities if not MORE for being white male no family but the Government won't give me shit in benefits and when I applied for Obongo Care. They said I didn't qualify because I didn't make enough but then the nigger bitch on the phone said I could but it straight for like $365 dollars a month!

NIGGER ARE YOU FUCKING CRAZY?

>>136117980
It's almost as though avacados is an example meant to demonstrate the propensity of the middle class to waste money on frivolity...

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>>136115338
dont forget to save pic related, red pill your friends and sage this thread

>>136115338
Lemme break it down for you. Houses are a family thing. No family or prospects of starting a family? No reason to buy a house. Feminism killed the family of yesteryear. Divorce rates are so god damn high that any man thinking of tying the knot is a fool. Plus you have the entire family court taken completely over by gynocentrism. Again, any man even remotely thinking about having kids with a woman is a fool. Women will rape you financially and leave you poorer than dirt while they get all that sweet sweet welfare bux from the government titty.

You want people to buy houses? Fix the marriage and family problem that feminism has created. Then you'll suddenly start seeing people buying houses like crazy.

Also we're approaching another housing market bubble burst. The old problem was never fixed and its happening again. Houses are priced at no where near what they're worth again.

>>136116314
Yeah, and I know people that can fit three fists in their ass, doesn't mean it's the norm.

>>136117402

No, I agree. High prices makes profitable flipping and even renting impossible. In this type of market it's best to make a commission based on the prices.

>>136115338

>senpai buys a house over 5 years ago for $264k
>sold it at the end of march for $615k
>one bedroom apartments went from $700/mo to a minimum of $950/mo
>some even start at $1375/mo without utilities or internet

POP THIS FUCKING BUBBLE ALREADY!!!!

>>136117402
Yeah, I know. I was actually looking to move out to Nags Head a few years ago and ran into that. which sucks, I actually dig NC quite a bit.

also, to be fair, the guy I got the house from had a contract with the listing agent as well, but the listing agent had put in a lapse period for no sale, so the buyer just let the contract lapse. same deal.

>>136117663
Find the house with a little legwork, approach the Owner directly, and ask him to sell. The MLS listing isn't a legal requirement.

I usually go for land that's a bit outside of town, so we usually visit Ag forums for a given state and poke around to see if anybody wants to sell. lots of people are usually willing to, or have some legacy land sitting around that they aren't using. Outside of that, I'll visit sites like Craigslist (surprisingly useful, actually), or I'll look for clearly DIY signs as I drive around a town. Zillow also allows user listings, and "make me move" listings, which are a mixed bag but good for leads - those are rarely put up by agents.

On one occasion, I saw a house I liked, no sign or anything, I literally walked up to the guy's door, rang the bell, gave him a price I was willing to buy at, and he said yes.

After that point, you need to due all of thefootwork yourself, but this is surprisingly similar to what you would have to deal with using an agent anyway. Bank paperwork is virtually the same, due diligence like inspections are easy enough to source anywhere in the US, and the title paperwork/contract can be handled by even a basic bitch attorney.

Tons of people do this every year - I think something like 20% of house sales in the US are direct sale with no agent.

>>136118192
>Fix the marriage and family problem
You can't fix change, shits gonna happen whether we're alive or not. Unfortunately.

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>>136115338
It's not that they can't afford it, it's because you are a shitty realtor and they use that excuse to get away from you.

>>136115338
>MUH MILLENIALS

>>136118105

>spending $1 on a filling, nutritious food item is friivolous

after having grown up so poor to think this, can you tell me the market rate of dicks needed to be sucked for 1g of crack?

>>136117520

I can't disagree with that.

Landlords are trying to get out of the business because of spic tenants.

Why does every troll thread on /pol/ always gets 200 replies?

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>>136115507
>loaf of bread cost 4$
hhm 4$ x 20= 80 egyptian pound
80/0.25=320 bread like the one in the photo
Shit man Australia is so expensive

>>136117980
As a single decision, $100 a year. As a way of life, tens of thousands. Every person I've known to accumulate a decent amount of wealth has been frugal in nearly every part of their life.

These things add up.

>>136115338
How do I downgrade below ramen?

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>>136115338
if someone buy a house today then he's part of the problem. Houses are extremely overpriced becouse of jewish practices. Thanks god i'm not a retard and i'll build one myself with a little necessary help, i'll save that way a lot of money.

>>136118083
It's just a hobby for now. I'm going to buy one next week and hopefully three more in the next 6 months.

With the low interest rates today, I'm not sure why anyone would want their money sitting in equity. I pay 5.3% on the mortgages, but my gross return is 23% a year, so I'm definitely coming out ahead. My cash on cash return is infinity, because I don't have any money in the houses after I refinance them. I'll buy them for 35k, throw 15k in them, then do a cash out refinance on them. By the time I get done with the renovations, they appraise for 80-90k, so I can cash out all the money I had in them.

I'm starting to leave equity in the properties, but it's only because I don't know what to do with the cash.

>>136117306
>>>136115338 (OP)
>teachers failing me for my conservative views..

Nigger what is this fucking persecution complex? Don't tell me you're the kind of autist whos assigned an ENG101 research paper and writes about white genocide and Jewish global control. Stay away from your infowars, use academic sources and once you're taking classes for your majors you won't even have the opportunity to write about politics or controversy

>>136115338
because we have the internet and refuse to pay a commission for your useless service

>>136115338
Gen X here

Fuck mortgages for 700,000+

I'd rather rent

Because I live in Canada.

>>136115705

nopers. lots of foreign buyers in some markets (ex. chinese trying to get cash out of china).

Also people's biggest 'asset' is their home. They are less inclined to move if they can't sell their house without taking a loss.

It's all bullshit layered on bullshit. No way housing prices should be as high as they are, particularly in the states with lots of space.

>>136118297

Maybe because they are the best button pushers.

Happily playing DS3 yesterday on xbox then some tart msg me wanting me to pay PAY to see her stick things in her filthy holes. Disgusting is this a thing now on xbox? I long for offline single player games, online multiplay has fucked video games.

>>136115507
>Avocados are $2.5 each.
youre getting taken for a ride m8, should be 50 cents a pop max, 3 for a dollar is more like it

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>>136118297
Cos the Jews are spamming slide threads obviously, Shlomo.

>>136115338
Buying a house isn't worth it unless you decide to live in it for about 13 years minimum. Fuck the equity, the bank is the land lord and can boot you too.Also everything is overpriced.

No they fucking rent, which causes prices to rise higher because speculators can charge shittons of rent to 12 incomes even if they are on the low side, plus these are untaxed incomes. It's a fucking perfect shitstorm of kikery.

>>136118207
>millennial obsessed with sodomy

Color me shocked!

>>136118328

I didn't want to get into this, but it looks like I'll have to because you all are nutritionally retarded. Avocados have a nutritional profile that covers the bases of other foods, decreasing the total amount you'd need to spend to hit all the bases if you just ate avocados instead.

nutritiondata.self, use it faggots

>>136118282
My family was wealthy growing up. We were always frugal though. The point of the argument is that seemingly small expenses become big when you aggregate them. The $4 coffee, $3 avacado, $40 shirt, $250 car payment, $35 cable bill, etc all start to add up.

>>136118126
How do I view these clearly?

>>136118362
Beans and rice is likely cheaper per calorie in addition to being more filling and better for your health. Same with oatmeal.

>>136116550
And then u have no place to live yourself.
BOOM.

Fucking genius.
dude, srsly, are u braindamaged ?

This

And 12 beaners renting one house together combining their untaxed incomes into rent

>>136118439
wait what
porn cam whore messaged you on xbox?

>>136118474
We get taken for a ride on everything here. Our cost of living is higher than pretty much every developed nation. But relative to the price of other food items here it's really not too outrageous.

It is disgustingly overpriced in cafes but you see the same thing in San Fagsisco.

>>136118534

not wealthy enough to give you a proper education. see

>>136118507

>>136115705
most people buying homes right now are investors. basically rich boomers wanting to buy a second house to resell, or faggot gen x'ers trying to play "house flipper" because they watch the home garden network and end up selling to each other like morons until one of them maxes out the value and takes a huge loss


millennails are too smart to buy now. better to wait 5 or 10 years when there will be a market flood of houses from the boomer generation as they die off

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>>136115338
>Not living in rented two room commieblock apartment

Kill your sell you house Cuck

>>136118507
You can do exactly the same with most fibrous green vegetables. Doing so with frozen peas, broccoli, and so on saves a lot of money over avocados.

Avocados aren't the only healthy food in the world. Take your own advice and check the options.

>>136115757
also this, no sense in pissing your money down the toilet with a depreciating asset.

>>136115507
what the fuck 4 dollars????
4 dollars is like 30 kunas
and you can find bread for like 2-4 kunas if you search

can't they just get everything they need using the unlimited credit on their White Privilege card? That's what their mothers and fathers did; right?

>>136115338
Speaking for my country, there's no housing available for starters at a reasonable price. Not in the least due to all the rapefugees that get free houses. Add to that a massive student debt and I am simply fucked by the system (and by that I mean the jews running it)

>>136115887
like 60% of houses in orange county, california and most of the richest parts of los angeles are owned by foreign nationals, mostly chink investors and saudi royalty

>>136116638
>hard-earned inheritance money

I kek'd :D

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>>136118328
Let's not pretend millennials are taking the money saved from their avocado diet and dumping it into stocks/bonds to build wealth when they're literally turning around and buying the dumbest shit imaginable. This is probably the funniest post ITT.

>>136118507
That's indeed a good website. Avocados are like multivitamins and good omega fats for your brain. Don't skimp on nutrition.

>>136118750
isnt holland education free like Germany?

>>136117108
>socialism = National Socialism
hurr durr

what does a house cost in america? 500k? what is the average salary, like 50k? If you work for 10years and not spending a cent on food/rent/etc could you afford one?

>>136115338
Because my countries housing market is cucked beyond repair.

Houses that cost 300k when I was growing up somehow magically raised 500k$ during my teen years.

I'm not buying into some bankers meme to take debt or loans to own a house, I'm renting until I can find a nice piece of dirt a few hours north of the GTA and begin my investment into housing there.

>>136118852
>what is a mortgage

I guess you don't be taught dis in da hood.

>>136116732
just wait until the housing market collapses next year and 2008 repeats. you will be so fucked. houses are only worth owning if you got 100% equity. you dont "own" something by having 40% equity. the bank owns it

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>>136118780
>mfw i'm a millennial
>mfw i've eaten nothing but ramen and frosted flakes since college (10 years this spring)
>mfw literally every penny I have saved is in bitcoin
I bought the dumbest shit imaginable.

>>136115338
House flipping jews. Buying a house as an investment should be fucking illegal, if you don't live in your house for 2 years it should because government property. Fight me

>>136118920

Sell your coin and contact your local Realtor.

>>136115338

Houses are insanely expensive. Millennial are spoiled and go out to eat drink instead of save money so no possiblility or down payments.

The American real estate market seems to just keep going up since demand is exceeding supply an.

>>136118997
>Millennial are spoiled and go out to eat drink instead of save money so no possiblility or down payments.

I think this is the answer.

How do I shut down this thread?

>>136116731
>All other money should go into the bare necessities of living

U seem to not have realized yet, that food is the most badic of necessities of all and how important good food is (!)

>>136115338
I'll never give you a fucking dime, you hook nosed kike

>>136116756
>not claiming refugee status

youre doing it wrong. dress more muslim and go to the gov office to get hooked up in a 1st class hotel

>>136116765
So what happens when the boomers die?

>>136119045
you have to enter your name in name field and
>close
in options field

>>136115338
209 replies. You kids are idiots.

>>136118619
Yes

>>136118914
The housing collapse in 2008 had minimal effect on rent rates. Even if my rents were reduced by 30%, I'd still be turning a profit.

There's nothing wrong with using leverage when your profit margin is 20% and interest rates are at historic lows.

>>136119077
Food is the first expense mentioned in my post.

>>136118895
I'm trying to compare prices to my home country. E.g. I'm paid 30-35k/year (minimum wages starts at ~10k), and a 600sq ft flat here cost like 120k upwards

>>136118633
Read my post again. It's not literally the avacados that matter.

People arguing that renting is better are retarded. Any ROI is better than 0 ROI.

I live in VA, bought my first house on 11.8 acres for 270k with HFA. Invested maybe another 15k in renovatiom, just sold for 322k only a few years later.

If propoerty in your state is ridiculously expensive, relocate. Unless you live in CA, NJ or NY in which case kill yourself.

>>136118863

don't forget, wages remained flat during that period

you are being replaced

>>136115507
>Avocados are $2.5 each.
wat

>>136115338
You must be a shitty real estate agent if you haven't heard about how banks won't give mortgages to people with a certain student loan to income ratio.

>>136118750
>Randstadbabby unwilling to move to the North or East

>>136118809
Nope. Tuition is €2000 a year, but then there's other educational expenses, rent and just general cost of living. It adds up. Some people work their ass off to avoid loans, but studying is already a full time occupation so I just use student loans. At a 0% interest rate for now, so it's "free money", but it's still debt. Around €50K for me at the moment (which is probably significantly above average, to be fair. But then I don't have rich parents that support me financially, which most low-debt student do I guess).

>>136119129
truly the end times
>>136119121
golden age vol2, space exploration, global waifuism, catgirls for domestic purposes, shoah 2: the electric bogaloo, Nigger:Return to Africa, The Great Asian Chimpout and other stuff

>>136119121
Don't worry, that's what we have completely open immigration for. :^) Jose and Marie have 5 kids that'll all be grown up when the boomers die.

>>136119222

yup, they're literally $1 each, in the US and Asia.

>>136117177
>closing costs
>home inspector
>guaranteed Jewish interest rates

It's so simple every millennial should afford this!

>>136117228
this is how you do it. i use this strategy in renting too. its pretty easy to bypass the faggot real estate agents. literally a worthless job, ive never met a single real estate agent that knew wtf he was talking about and could pull any more specific information than a list the seller gave him with the basic specs like "3 bedroom, gas stove, 2 bath"

>>136119308
>he thinks you pay $62 a month to a home inspector

>>136119308
t. Underachiever

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The housepill is hard to swallow

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All this thread did was make me google avocado toast (ignored it when the meme first surfaced)

It looks bretty gud.

Any of you millenial sperg kids got a recipe?

>>136115338
>STFU. If you spent less on Starbucks, video games, pornography, and avocado toast you could afford a house.
Nope.

>>136117510
1. how did you save 500k liquid by age 28?

2. Are you a liar or a Jew?

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>>136118498
>what is a hyperbolic example showing you how poor of an argument you've made
You can give me an actual argument anytime

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>>136115338
>if you spend less on this and that and this... you could buy this overpriced...
fuck off with your wooden shacks you dumb burger shitlord

>a fucking 445 m2, 4 parking spots, pool... MODERN DESIGN VILLA built out of stone and concrete near the coastline in Dubrovnik croatia costs 550,000 euro.
>pic somewhat related
meanwhile in US
>110 m2 wooden shack aka. "house" in CA costs 410,000 USD.

>>136119308
And there's a cabillion more regulations and checks now in place thanks to the Freddie mae bubble and the patriot act. They need to check every penny and make sure that al-queda isn't helping you find your home's down payment.

>>136115338
>Pornography
You have to pay for that?

>>136115497
Who buys porn?

>>136119417
Make Toast
Open avocado and mash it with lemon juice
Put avocado on toast
Top with salt and pepper.

Average house in my city costs 400k. That's not even a good house and less than 20 years ago you could get a great house for 80k.
Housing Market is fucked.

>>136119308
>3.62% APR
>guaranteed Jewish interest rates

Pick one.

>>136119243
She was going on about something called xboxfling and how she gets really loud (God no) told her to stop whoring herself and find something wholesome to do.

>>136119477
lmao you cant ever afford that with your 500e income

>>136119593
>what is inflation
>what are the chinese

>>136119655
I could desu but it would be a very very bad investment and I would have nothing left after tax cut

>>136119566
>Open avocado and mash it with lemon juice

But is it going to look all green and have a consistency like that?

Looks like store-bought guacamole

>>136119671
There aren't a metric shitton of Chinese in my city. However you aren't wrong in general considering Queenstown and Auckland have a ton of them and they are the two highest priced at 1.2 million and 1 million respectively for an average house.

>>136117177
the real question is why does nobody riot over the fact you are being charged property taxes on something you bought with money that was already taxed income from your paycheck?

>>136119929
The county has to get revenue some way. It's better that they take it through property tax so that at least the nice neighborhoods have decent schools. I'm more upset about federal spending than property tax.

>>136119477
Really depends where you go.
What should have happened is people should have been gentrifying the fuck out of shitholes like Detroit where they buy up 5 houses for 100g rent them out, and companies set up shop to provide work for the incoming young folk, instead they stick around in hipster enclaves because companies either set up shop in the most expensive cities on earth or they go overseas to foreign detroits.

>>136119929
Its fucking bullshit desu. Once you buy it it should be yours. It's cuz we're all just sheep to be sheered. If we stop producing money to the state we need to be made homeless. Fuck this world. You'll be buying bags of air soon.

Is there some downside to owning a duplex and renting out half till you own it I'm not seeing?

The only downside I can come up with is having to be a landlord.

>>136117147
where do you live usually? hotel rooms, corporate housing, or do you have apartments in multiple cities?
t. roaming hotel fag and hating every second of it

>>136115338
>Why aren't you Goy-er, guys enslaving yourself to (((banks))) by taking out a (((mortgage)))?

>>136120167
No, it's a smart thing to do. Banks consider anything between 1-4 units as a single house, so you'd just get a regular mortgage for both sides and use the rent to offset the mortgage.

Some folks rent out bedrooms as well. I went to college with a guy who was making $400 a month after expenses renting out bedrooms in his 4 bedroom house.

>>136116366
Owning a house is only a good idea if you don't plan on selling it for 5+ years. The housing market is cyclical, and things happen that affect the value of your property that are outside of your control.
City could re-route air traffic over your neighborhood, they could build section 8 housing across the street and flood the neighborhood with nigs, and bottom line, if you're a smart investor, you'll probably get a better return on other investments than the historical average of 4% you'd get in appreciation on your house.

But it all depends on the market. These days a lot of cities have rents that are 40% higher than mortgage payements. In these places, if you plan on owning for 5 years plus and won't need to sell if you end up getting a new job in a different city during a crash, it's a good idea to buy.
In cities where the housing value never goes down like San Francisco and New York, it's a good idea to buy(if you can ever afford it).
But the big risk is always that you'll end up in a position where you need to sell and can't get what you paid for the house and what you put into(which is very common considering commissions and closing costs). Equity builds so slowly with an amortized loan it'll be 10 years before you even have 20% equity assuming no appreciation. So you can end up having to pay to sell your home.

>>136120001
Teachers are gonna get priced out of the "nice neighborhoods" with the "nice schools" and so there'll end up being a shortage of teachers.

>>136119251
Little paco and selena won't be able to pay the inflated house prices either though. If the bubble doesn't already pop it sure is gonna when the boomers die.

>>136116908
If your grandfather bought a house in detroit in the 1920s, you would be lucky to sell it for a dollar today. If you bought a house in Louisiana before katrina hit, you would be lucky to get a dollar for it today.

>>136115338
>if you can afford cheap games, free porn, and cofee you also have money for a house
is this NA education?

because the outlook for employment is that everyone is going to be having a lot more jobs than they used to. having one permanent place of residence is not suitable for the modern employee, who will be moving all over the place every few years

>>136116235
yea nice jew bread
>(((burgen)))

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>>136115338
>metropolitan areas are the most desired spaces for living in developed nations
>influx of migrants, immigrants and new families looking for homes to stay in
>already large population present
>underdeveloped infrastructure in and around major cities leads to shortage of houses
>demand goes up
>supply goes down
>price goes up

>"why not get a job, millennial?"
>large amounts of low-wage entry level positions are available, with little to no vertical movement within those companies
>large time investments required for those positions make keeping multiple position extremely difficult
>option 2: go to post-secondary into the STEM fields
>4-8 years of post secondary
>20k in student debt
>without a co-op program to immediately jump into or sponsor, finding a position in those related fields can take upwards of 6 months post graduation.
>add to that a crumbling public education system that parents throw their children into thinking it will teach them everything
>mfw people think they can magically "fix" the housing market

>>136120346
Then the teacher shortage will force wages to increase for teachers, or attract teachers from other areas.

The system works. It works so well that the federal government had to fuck it all up by busing in shitskins to try and break the system.

>>136120348
Oh they will be able to afford it after their college education that'll be paid for by Pell grants with your tax dollars. And (((minority scholarships))) :^)

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>>136116235
Im with you. Bread wise at least America is a desert. Its basically gloryfied toast. Even though bagels and donuts are delicious, there is nothing better than a fullcorn loaf of bread with butter and mortadella.

>>136120351
Everyone from those areas had their lives ruined. I'll start diversifying geographically in a few years, but real estate is still a solid investment.

>>136115338
The housepill in most places requires a ridiculously high down payment. I bought a condo a year ago and still had to put $10k down. Down payment assistance is literal bullshit and millenials aren't taking the bait, because it increases the red tape significantly.

Most of them don't have good jobs either, so they won't qualify for the loans. Surprised that you're blissfully unaware being that you're a real estate agent, but maybe you as a millenial were also sold the same line of bullshit, thinking that commission only job was worth a goddamn for a product that's so far beyond overpriced already.

>>136115338
Fuck off with your over priced house

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>>136119477
This photo is precisely what every millennial/gen z faggot straight out of college thinks they "deserve" to live in. Anything less is absolutely unacceptable and for "poor idiots", therefore they make the worst fiscal decision ever (renting) where they literally dump thousands down the drain a month instead. Then, you know, blame it on everybody but themselves.

>>136115705
>actually being this confidently retarded

>>136120468
It's made by Tip Top which is an Australian company owned by a British company.

>>136120614
>actually being a Nazi

How's that Third Teich working out for ya?

>>136120477
Well, this one here is moving to a lower cost area. I can't live here anymore (due to the tax increase my landlords are raising my rent) and I'm not commuting. Id rather live somewhere where I earn slightly less and I can pay much less for housing.

>>136115338
Because t hey are economically retarded and enjoy throwing money away.

>>136118497
Banks limited available inventory to reduce supply forcing prices up. Interest rates lowered and down payments next to nothing to lure in the suckers.

>>136120648
That's the wise choice. It's bizarre to me that so many people don't factor in cost of living when they take a new job. They'll boast to their friends about the tech startup that's paying them 100k a year, but they won't mention that 100k isn't even enough to rent as decent place in the city.

>>136115338

They're sick of being saddled with hundreds of thousands of dollars of debt that will take the rest of their life to pay off just for a house that took 60K to build. Pretty fucking simple.

https://www.youtube.com/watch?v=-GqLfEIuNHs

>>136115338
>I'm a real estate agent and I can't figure it out.
are you crazy? why buy a house when you have no money and you're going to move in 5 years anyway, want to see a pickup in home sales get rid of those retarded 30 years loans and put in a 5 year loan instead

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I'd love to buy a smaller, more affordable house. Like 1200 sq feet. The problem is they aren't built anymore. I would have to settle for a bungalow built in the 1950's with a shitload of problems due to age that would cost a fortune to fix. These smaller more affordable homes also tend to be in bad neighborhoods.

>>136120793
>They'll boast to their friends about the tech startup that's paying them 100k a year, but they won't mention that 100k isn't even enough to rent as decent place in the city.

a good job will often put in 50K on your house

>>136120793
Yep. I can't wait to get out of here. Where I live is overpriced as hell right now. One thing that the techies don't realize purchasing homes here is that nearby was recently rezoned for high density low income housing. This super nice neighborhood is gonna go way downhill by 2030.

>>136120902

If you can afford a 5 year term, you just pay cash.

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>>136115338
What fucking cuck buys porn

>>136115507
>A loaf of bread costs $4, Avocados are $2.5 each.
Why is this so expensive? Is this in australian dollars or in real money?

>>136116296
>tfw I tried a hors d'oeuvre at a party and thought it was amazing
>asked what it was
>memeacado toast

What a time to be alive

>>136120582
As the dollar gets weaker I get richer, the value of your house goes up and the potential buyer pool dries up because well fuck everyone in the neighborhood has a million dollar house. The difference is you will all cannibalize each other on the way down or the market will go sideways sitting at this floor while DXY continues to hemmorhage.

So yeah I'm not buying until there is blood everywhere. In the mean time I continue to invest in assets to hedge against the very apparent future trends. It might not be tomorrow or at the close of Q3 but soon. The hard data doesn't lie.

>>136120918
this desu. The good neighborhoods are full of 4,000 sq ft + monstrosities. All the 1000-1500 sq ft homes I look for are in mediocre neighborhoods at best and are usually old as fuck and in need of renovation.

>>136118676
This is real money though not chickens and shit

>>136120902
But the majority of kids throwing a bitchfit about housing prices are the same ones refusing to move from 1) San Fransisco 2) New York or 3) Chicago where rent is $4,000 a month. So which one is it faggot? Are millennials relocating every 5 years or are they staying in place? If they moved every 5 years they'd know that places like Seattle and LA are at least 67% higher than the national AVERAGE for property and would be smart enough not to live there in the first place.

>>136120566
People are still buying houses just as much as they always have, just not many millenials. Once they pay down more debt and get a couple of promotions they'll be in the housing market the same as everyone cause rents are trending upwards to infinity. Already where I live, I'm paying $1,700 mortgage on a house that would cost probably $2,400 a month to rent.

>>136117372
In SoCal, my family buys shitty properties and rents them out to section 8. Turned a 150,000 by today's market value into 6400/mo. It's 8 units, not registered as an apartment complex and payed itself off hilariously fast. Be a slumlord, it makes you rich.

I'm probably the wealthiest person in this thread. I see no point in owning property. It seems like a burden. Just imagine all the upkeep. I see no point in doing much of anything anymore. I'm blackpilled to the bone. I always feel the kind of tired that sleep can't fix. Ever since "reaching the top", I've lost all my ambition, and nothing I've tried has made it come back. I feel like the game is over, like I'm watching the world go by and waiting for the end. I never talk to other human beings unless it's business-related. I sit here in silence for 15 hours a day refreshing threads day after day. Please kill me.

>>136115338
It's really quite simple: Stop building shit quality houses. Why the fuck would I pay $500k+ for a glorified cardboard box?

>>136121189
The hard data doesn't lie, you're right, and the hard data says that millennials have invested at a rate less than 1/3 of gen z and less than 1/8th of boomers. And now you're trying to sell us that the majority of young people are putting off buying a house because they're busy "building wealth"? Get the fuck out kek. Let's not try to pretend that our generation is somehow smarter than these old fucks when the vast majority of us are incredibly stupid and fiscally irresponsible.

>>136115338
I'm saving up to do just that, and it's going rather nicely. Problem is that I need to save a lot of money to buy a house. Like, a lot. Banks are so squeamish about giving you a loan, you have to put up a lot of your own money just. And housing prices are ridiculous right now.

>>136116731
So basically your social life revolves around your computer, your diet consists of off brand beans and bruised vegetables and every time you drive your car, you have to listen for any new sounds that could mean yet another expensive repair, negating your savings.

You're probably not getting laid because your clear lack of self respect is driving any potential partners away and this same attitude is probably precluding you from starting/advancing in your career.

In cutting away every material pleasure, you have destroyed your ambition and consigned yourself to a life of abject misery. Just join a monastery and find a better reason to live.

>>136121417
millennials are no dumber than the xers and boomers who snapped up dozens of loans they couldn't pay off pre collapse. Millennials are living within their means, but spending on frivolous things, albeit things they can afford. They're only fiscally irresponsible from the standpoint of they're not making investments. Still it's better to be constantly poor within your means than be poor with shit you can't afford and then be even more poor when the bill comes due. Ideally they'd stop being poor and work the system instead of waiting for the system to work for them.

Boomers sunk their retirement funds into real estate. Y hey also helped get millennial jobs outsourced and taxes raised. I don't understand how a generation can be so blind to results of their own actions.

It would be extremely more cost effective for me short and long term to buy a house instead of renting where I live.

The issue is the Down payment.

I make like 12k a year and am paying back debts

>>136121792
>Boomers sunk their retirement funds

Proof?

>>136121352
Sounds like low T. Consult your doctor.

>>136115705
Speculators are pricing people out of the market.

>>136121809
Exactly my problem. Need a lot of money just so you don't have to blow it on rent.

>>136120582
>being this fucking stupid and uninformed
can't blame you though you're american after all

I only used it as an example to show you how fucking overpriced and poorly built "houses" in US are compared to a random EU country

aka you can buy a concrete/stone 425m2 VILLA in place that rivals Hawaii and NZ for the price of a 110m2 retarded wooden house in US, CA

>>136115338
>Starbucks
i dont go outside
>video games
i only play ffyxiv
>pornography
who the fuck buys porn
>avocado toast
you got me there, avacados are delicious

>>136121809
Look into USDA loans and FHA 3.5%down loans. You can combine the FHA loan with a 3% down payment assistance program to effectively get a down payment of .5%.

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>>136121778
>They're only fiscally irresponsible from the standpoint of they're not making investments
Wrong. Not only are they not investing in the classical sense of stocks and bonds, millennials are, again, throwing away literally thousands a month on rent they'll never get back.
>Still it's better to be constantly poor within your means than be poor with shit you can't afford and then be even more poor when the bill comes due
Proof? Source? Your ass? Ok.

>>136122197
>Reiterating what I said
>Think's he said anything different
Great, thanks for agreeing.

If you don't own property you're retarded. I bought in 2012. My property has doubled in value.

>lucky timing

Anyone who took 2 minutes to understand what was crashing the housing market (sub-prime mortgages) could google "Mortgage Reset Chart" and see that 2012 would be when the shit was over.

>but housing is gonna crash

Housing keeps going up 10% each year because more people keep moving to areas with jobs and builders are still scared from 2008 and aren't building for those people. More people + less homes = more desire for those homes = increasing home prices. It's not fucking rocket science. Not to mention no one is selling their homes because they can't trade up to anything on the market.

You're a giant cuck if you don't take advantage of the equity, the tax savings, and the better lifestyle that buying a house offers compared to renting an apartment. Literally owning ANYTHING is better than living with the wage cucks in apartments.