Have you come with terms that you will never own a house?
if youre gonna live on a boat, why not mutiny and become the captain?
user, I'm currently inside my own house shit posting. Feels good bros. Not much but she's mine and the jew banker can't get it either. The property tax jew is cheap as well.
I own my house outright on 10 acres. Have you tried getting a job and saving more than you spend?
Nice demoralization thread, moysha
>you can own a house anywhere but in metro areas
>you complain you can't own a house
You get what you deserve
Never? Give it 20 years and we will be all living in illegaly built brazillian style favelas.
I already own on user. Not a Boomer though.
If WEF get their way we will never own anything. Our entire lives will be subscription-based even our immune systems.
So many are going to die from vaxx, disease, famine, suicide, unrest, etc this decade that by 2030 there will be tons of empty houses that are practically free.
>Blackrock will buy them all up
How are they going to run security on millions of homes? They can buy them, and I will squat in them.
Some of you are okay… don’t buy a house in the next 6-8months
>property tax
Until you stop paying that entirely, you are still a rent goyim. It's more and principle than price.
The high-tier professionals will live in favelas, everyone below will just get pods.
Property tax makes my blood boil. You can be sure that when you stop paying you'll get Waco'd for resisting though
Houses outside the Alaskan wilderness actually cost money to live in, m8. But thanks for taking the money to fuck off. Somebody has to and everyone else is grateful it was you.
I own my house because my parents passed it down. I'm not going to be one of those boomers than benefitted from the jewish system and then was fine with the ladder being pulled up after them. Kikes are ruining this fucking country and I'm not going to blame poor white families for jewish greed. Our manufacturing has been gutted and our economy ruined. The fact that some people still manage well is the exception that doesnt prove the rule. Whites are increasingly locked out of academia and prestigious positions in favor of niggers and other shitskins. Try having solidarity with your race, assuming youre white, instead of being an atomized individualist that kikes want you to be.
I lucked into being able to inherit one because my silent generation grandfather tore my gen x dad a new asshole when he (father) sold the house my grandfather had bought him as a wedding gift before telling me I needed to buy a house and move out myself.
I will inherit a house and an flat from my parents. One will be for my sister and the other for me. I will beat the shit out of her at the slight chance of her selling our properties. Properties hedge against inflation.
Imagine being so poor at math they don't understand what they did is called a "reverse mortgage." Yes, if you have 10-20 years left to live your life and want to literally spend that to zero on a cruise ship it might make sense if you aren't planning on passing an asset to anyone.
But the math is dubious at best. Let's pretend their mortgage is $1200mo. They are old, so they are paying at this point literally probably $1000 a month straight principle.
So it breaks down
$1200 payment
$1000 principle
$200 interest
$300 property taxes.
So they add it up and go OH LOOK I'M PAYING $1800 A MONTH.
No. You're probably paying $600 a month all in, and your asset is appreciating 3% a month right now. So if your house is worth $500k, you're becoming richer than many rentoids doing literally nothing except paying your mortgage on time.
Then convert that payment to 100% expense with zero appreciation.
Like I mean I'm fine with people being this retarded. I think it's hilarious you go on Reddit and see them talking about how "owning a house is a stupid move, you should invest in the stock market instead."
How fucking smart do you think those people feel right now paying $1800mo in rent after taking a huge bath the last 2 months and having literally nothing but big red numbers in their portfolio to show for it?
Owning a house is one of the easiest way to start your life, it makes so much sense it is fucking hilarious that Redditors are gaslighting themselves out of this to the point where now they literally CAN'T even afford houses. And lets be real, a lot of them want to do it on one income because they're too dumb to form a family unit, and some of those people can't buy houses either.
So I guess keep it up retards. Blackrock is about to make everyone in a $500k house on the westcoast a millionaire in the next year.
NEXT
Holy shit lol. That was an outstanding thing to do. Is your dad always this much of a retard, or was that atypically retarded of him not to realize the goal was to pass the house down forever?
>You're probably paying $600 a month all in
How did you get to this number?
I have friends looking for a house in california right now and it's about 2000~ a month for anything worthwhile
>t. banker
Salty tears, my favourite
Let's see...
>Didn't get cut himself because grandfather said that's dumb and the bible (Romans 20, specifically) says Christians need not do it.
>Got me cut anyway to be closer to Christ because he had some new hot takes on where the Bible was actually being misinterpreted, then threatened to disown me for saying I will never have my sons cut and he's crazy for saying he'd have them cut himself if I let them visit.
>Constantly in consumer debt for trucks despite never towing anything. His current house isn't paid off yet but he's spent more than the price of the house on trucks with payment plans since he's owned it.
>Gigavaxxed and boosted
Yeah I'd say it's SOP for him to be like that.
Right but the article isn't about some 20-30 year old looking for their first place. It's about some boomers spending their equity to zero is my point.
Anyone that thinks they are going to live in a hotel, on the water, long term, for cheaper than a house payment is straight retarded. This is one of those articles where the headline is technically true and people who are financially illiterate run with it.
BTW tell your friends to check out Gig Harbor WA if they're based. Otherwise DO NOT. It is absolutely beautiful out here, and if they can get federal clearance, great job market in the federal gov. Proximate to Tacoma, not so much Seattle, but a lot of satellite offices because it's an hour a way. 2.5hr from Portland if you want to take a dump on the street to an applause.
You're a retard. You'll never own one if you keep your head in your ass about the housing market.
Housing market is showing the signs of the second crash right now and the Fed's moves are only going to make it worse. Banks will come knocking for payments folks can't make under new interest and bye-bye home for them. The market will crash, but who knows how low exactly. We have 5 or so years to get a home before I bet another bubble starts that'll be worse.
For real stop being a retard and start being opportunistic.
Fuckin' lol at the no towing and gigavaxxed. Is he married? Why do we get "has a bvll" vibes with your dad?
My dad is sort of the same way. Married to a woman who was married to a black guy for like 10 years before he died of lung cancer. HE HAS A PORCELINE BUST OF HIS FACE IN HIS HOUSE THAT HIS "WIFE" MADE BEFORE HE DIED. So cringe.
Wait until you realize how fucked all the HELOC-taking normies are. Average HELOC in the us is 100k, and a 100k heloc cost 2k per month in January. Currently it is 3k per month because of the recent rate increases
HELOC piss me off so much. It's like each day I find a new reason to hate boomers and Jews. Boomers for the HELOC-chain bullshit and Jews for letting people take HELOCs on debt-backed property, not owned ones!
Heloc for leverage isn't that common outside of Redditors and small business "bros." Women started doing it recently, which always means that whatever the strategy was, that game is over.
While it is fairly common for people do to a kitchen for $40k on a Heloc, I would say most people when forced to, are able to pay it down or sell enough assets to cover it.
It's the leveraged landlords posting on Reddit which are maybe 1% of the total RE pool that are going to get their buttholes blasted wide open. Rent simply won't scale that fast or high.
eminent domain means you dont own it retard. You barely own it more than the cruise ship couple owns their cabin.
Yeah how'd this graph work out with 2020 btw? It didn't. I remember posting at Reddit about this for like 2 weeks straight trying to sort this issue out and every redditor told me that 2020 was "2008 all over again." Finally decided I had enough and started inversing these retards.
Pretty much any time you can come up with a plausible argument that they won't directly address and everyone downvotes you, is basically fact.
Redditors are literally retarded and have bankrupted an entire generation of people who will be permanent, unmarried renters, drowning in single mothers from blacks and chads with noone to blame but themselves and a website that silences all patently correct information that isn't easily seen by NPD retards with as little as 5 downvotes.
Think about it, that website has made literally millions of youngpeople forever poor. Gotta have a fucking laugh at that.
picrel
>Mutiny
That means you have fix the fucking thing yourself, also fuel.
>pay mortgage until 60
>die at 75
>Married
Yes he just sees like the most insufferably bluepilled person ever the rest of his family isn’t like he is, all tradesmen and general tradchads, colloquially speaking
I own two and will buy another one once the market crashes suck my dick impoverished faggots
grandmas boy?
That's what this article is about. They're spending their equity to zero so when they die they own nothing and will pass nothing to their family if they even have one.
>houses cost $500,000
>just save $100 a month bro it'll add up