> "Housing has become increasingly out of reach for younger generations, and many households are now abandoning the goal of homeownership altogether," per Realtor.com.
>>61533503I voted for this
who here just going to hunt boomers down, kill them and wear their skin while assuming their identity.
>President is asked why population is unhoused>Immediately frets about how to preserve boomer wealth
>>61533503THEY HAVE TO BUY ANOTHER MILLION DOLLAR HOME ANYWAY
>>61533524cope brokie loser. I told anons here that no one that already owns a home wants more houses.
>Honey look at out zestimate - we could sell our house and buy an identical similar priced home - WE ARE FUCKING RICH!!!
>>61533545It isnt just boomer wealth, it is already those that are wealthy
>>61533503it's not that people are giving up. It's that people are realizing that home ownership forces all of your liquidity into the maintenance of the home. It's why boomers are so scared to have housing prices lowered because they didn't have any external sources of income.I'm just going to wait and live with my family until I have 50k into investments and another economic shock that forces interest rates to near 4%. Because to be honest, I would be scared to death that buying a 400k house would essentially leave 400k on the table due to net interest alone. Owning a home is a midwit trap and only reserved for those that won't need to worry about retirement.Just rent a townhouse at that point and then buy a real small house by the age of 60. Who are you trying to impress by that age then? All the people you know will be dead in 20 years anyways.
>>61533545You DO realize that wealth in the older generations gets passed down to the younger generations...? If housing prices drop, so do the inheritance values of children and grandchildren.
>>61533573my grandpa sold his truck to my brother instead of transferring that wealth to him. Your thought process only works in a vacuum without human greed.
>>61533524Holy gigabased. TBD.
>>61533564>>61533573Yes I hear you aristocrat sympathizers. Even some of my own family are exactly the same type of people who benefit from this nonsense. Aristocrats are Trump's scapegoat anyway; the real villains are banks ofc
>>61533585Kek>my grandpa would be in his 90s/nearing 100 if he was alive>mom is a boomer in her 60s>years ago grandpa was too old to drive and offered me his car, i accepted>mom told me she would help me title it, actually titled it in her name and said it was hers then gave my younger brother the keys>brother wrecked that car and two more usually while drinking>mom gave me her old car, then tried to act like she did an awesome thing that totally made up for the years where I didn't have a car and the only transport to work I could use was uber or a bus if the busses were actually not shit around here>she wonders why I rarely talk to her/she has no grandkids
>>61533593Clearly YOU don’t benefit if you want home prices to drop.
>>61533606>>61533585So entitled. Your parents don’t have to give you stuff, especially your grandparents.
>>61533550>brokieWant to know how I know you've never had sex?
>>61533616No, they didn't. But good parents/grandparents often do. Don't be surprised when you end up alone in a nursing home if you expect the world of your kids but do nothing to help them get a proper start.
>>61533612>Wanting house prices to drop>Wanting houses not to be treated like speculative assets held under artificial supply constraint and used as a gatekeeping tool to prevent young families from thrivingThese two things are not the same, even though they might appear similar
>>61533616in most of the developed world yes they are required to. Why do Angloids seethe at the idea that wealth is a family asset?here is a pic rel to show that your mindset is wrong.
>>61533616Good parents don't step in between a grandchild and grandparent and literally steal from them, for zero benefit to anyone.
>>61533573No it doesn't. Boomers are going to burn all their wealth on end of life medical expenses.
>>61533616Even in China you do not have the option to leave your kids with nothing.
>>61533573Every boomer I know is taking out second mortgages for vacations or medical bills
>>61533667boomer is code for white people
>>61533639>do nothing to help themlmfao. Parents raised you, doesn’t mean they have to give you a free truck. lmfao. What a pathetic generation.
>>61533503Why can't he just give everyone a billion dollars so everyone can be rich
>>61533503The biggest mistake this society has ever made is viewing homes as an investment vehicle rather than a place used to raise a family and form sentimental memories.
>>61533667Zoomer girls just need to get bred by older millennial and boomer men with a house and money if they want to make it
>>61533689there is a clear difference between gifting something that turns into a financial hardship for the lender versus a clear indignation at ensuring your children are not left off better than you.But the entire world other than angloids agree that wealth is something meant to be distributed evenly past down generations. Your mindset is in the minority except where it is localized to your population.
>>61533689forced heirship makes the angloid seethe
>>61533606Oh, hey bestie.I can't believe this shit happens to other people too, sorry man.>Dad teaches younger brother to drive before me; he is constantly getting in trouble, but he's taller and looks like him and strokes his narcissistic ego>His reasoning is that I "don't keep my room clean" (this is a lie)>Offers to buy me a car if I get a full ride to college>I do>"No, you have to actually go there even though it's a much lower rank than your top choice," gaslights me into thinking I can never afford student loans (tag teams with divorced mom)>Okay, I committed, where's my car?>Summer goes by, still now car>Come home for Thanksgiving, there's a car in the driveway>It's my brother's. He bought my brother a car first ("He paid for half of it, he deserves it")>Finish freshman year, still no car>Walk to neighborhood gym, get mugged>Broken bones, concussion (memory issues ever since)>Finally takes me to get a car>It's 6 years older than my brother's and a manual>I can't drive stickI wish I was making this up. There's way more but if I don't cut it off here I'll hit the character limit and then some.
>>61533689Your worldview is quite literally in the minority of what the oldest civilizations have already established shouldn't happen. Only in the United States you are granted the absolute freedom to leave your kids destitute. Especially when it comes down to something as simple as a vehicle, something that if you don't have in the United States, you are poverty stricken.
>>61533703Oh…so the grandfather just had to give his grandson a truck. He didn’t so the grandson is right to think his grandpa is an asshole. Gen Z, everyone
>>61533737You're really hung up on this truck part aren't you? I already explained that if it produces financial hardship for the lender then it's obvious you don't have to gift it. But it sounds like if I were to take my shoe off and throw it at you, would that make you an entitled piece of shit because you didn't earn that shoe?
>>61533686Boomers can never be white
>>61533751So his grandpa has two trucks, one he doesn’t drive often, and he is supposed to give it to his grandson.
>boomers drive whole industries out of the country because they were getting paid the equivalent of 250k a year to work some high school education jobAnd then they support mass immigration so they can pay some mexican 20 bucks to cut their grass
>grandparents die>kids are 60+ and already retired and spent the last 10 years making sure the grandparent didn't give money to the only grand kids that visited
>>61533770Based boomers
>>61533761more or less still has three and a full double wide camper. When my uncle died of a blood clot and his vehicle was in the will, my father wanted that car especially because he was close to his own brother. Instead the grandparent actually took ownership of the car and sold it to his friends and never paid my father for the maintenance or upkeep while he had it there for months.My brother paid kelly blue book value for my grandfather's car rather than a symbolic price of 2000 dollars.Kind of makes sense what I'm talking about here.
>>61533784*My brother paid kelly blue book value for my grandfather's truck.
>>61533784So that grand parents sold away the truck the grandson maintained. Interesting. Should have told grand pa that before he wrote the will.
>>61533814from all I remember after when my uncle died, my father who was maintaining the vehicle for months and keeping it on his property wasn't paid for any of the work. I seriously do not understand how my grandfather was able to get his hands on that car and sell it right out of my father. who knows what the real story at the time was but my father was very close to my brother and would've loved keeping that vehicle.
>>61533832Because it was your grandfather’s. Wtf?
>>61533814I might be mixing up the wording with the two scenarios, but the truck my brother bought from the grandfather was a 00's chevy truck which is separate from the 70's pontiac my uncle died with.Both times my grandfather wanted money from it regardless.
>>61533845no the 70's pontiac was my deceased uncle's and the 00's chevy was my grandfather's vehicle. I have no idea with a family of 7 why you would leave your 70's pontiac to your grandfather when he already was driving expensive trucks at the time.
>>61533850Too confusing. Im leaving this thread. Total zoomer death.
>>61533866you cant ragebait a ragebaiter and you too understand how objectively cancerous familial wealth can be when it is arbitrarily distributed.
>>61533758you fore sure cant, pancho
>>61533508based doomer
>>61533860This is why women should never leave the house and leave adulting to us males while they push out our offspring.
>redditors want unlimited shitskins into the country>is shock they can't afford to rent a studio let alone afford a housejust build commieblocks and throw all those faggots inside
>>61534141>just build commieblocks and throw all those faggots insidethe government makes it illegalthe free market would fix this problem
>>61533503>many households are now abandoning the goal of homeownership altogether," per Realtor.com.OH NO THE SKY IS FALLING EVERY ZOOMER IS ABANDONING OWNING A HOMELook! In 1965 almost 63 percent of people owned a home but in 2025 it's only over 65%!Oh wait....well errr at the peak of the 2008 housing bubble 69% owned a home and now it's a DISMAL 65% TRULY THE END IS NIGH AAAAAHHHHZoomers are bitching and whining, same as they have been about $100 video games or other shit. They groan and moan and then they cough it up, they just wish shit was cheaper. Everyone wishes shit was cheaper.
>>61534141can't build commie blocks because black people
>>61533573You do understand that everything is relative that high house prices isn’t beneficial if all other houses are also equally as expensive
>>61534302that chart needs to be contrasted with the average purchasing power of wages over the same timeframe in order to show if people COULD have reasonably afforded a home and just chose not to. As opposed to the modern era where average purchasing power has totally eroded.
>>61534302Its more about the time it takes towards home ownership. In 1965 families used to rely on a single income where as in 2025 a dual income is needed nowadays. You really cant escape the reality that a 400k house is fine as long as it costs 4x the amount of a yearly salary for a single income as per the standard in 1965. So instead of working 40 hours a week to make $6,900 per year to afford a 1500 square foot house priced at 20,000 (less than 3x). In 2025, you're having to work 80 hours a week to make 100k per year to afford a 2200 square foot house priced at 300k to 400k. The average single income in 2025 is 45k to 60k. So that would be 6x to 8x. People are working double the amount of hours but it's split between two people. If the standards keept in place you could afford two houses because everyone would be making 100k
>>61534364Is this shit gets any worse there's going to be riots in the streets.Are boomers fucking retarded?Do they think they're going to be dead by the time this happens?
>>61534514Boomers owning houses arent the main issue. It's the federal reserve printing 40% of the M2 supply during covid. Asset prices appreciating is only a symptom to the problem.
>>61534554>Asset prices appreciating is only a symptom to the problem.I wish more people knew this.People are just blaming greedy developers and landlords and speculators instead of the real problem.
>>61534095I'll spell it out for you- elderly people who cannot make more kids are functionally not white when all they do is shill for shitskins. They are, at most, the END of white people, not a new beginning, and so making any effort to protect them at the expense of the young and fertile or even female hags having kids at 40, is pointless and retarded. TBD. End of story.
>>61534514> Is this shit gets any worse there's going to be riots in the streets.Sadly there won’t be because they have mostly replaced our populations with 3rd worlders and to them compared to where they came from it’s still 100x better so they won’t revolt, a few whites revolting won’t be enough. It’s too late
>>61533503midwits will still blame capitalismlate stage statism
>>61533585CRUISE SHIP CAPTAINS ARENT 100 YEARS OLD YOU MORONS.
>>61534800exactly
>>61533616>Your parents don’t have to give you stuffWhy are boomers like this?
>>61533731Kek in what kind of shithole country do you live where you can get brain damage level mugged?
>>61533573My parents are in their late 60's and they still haven't got their inheritances (grandparents are all still alive in their 90s)Waiting for inheritance is RETARDED
>>61534364Dual income was needed in europe even back then. Both my parents worked full time, as did everyone elses. Americans were incredibly lucky thanks to the world wars, you can’t really held that stroke of luck as the standard.
You can tell there are a lot of people with poor parents in this thread.
>>61533503>my hobbies are brainrot consumption and fapping>I do not own a girlfriend let alone a family>I urgently neeeeeeed a houuuuuuuse for my non existing falily and my non existing hobbies
>>61533696and what happens to all the young, angry, military aged men who get left behind?
>>61535136Military aged ≠ military able. See china.
>>61535136Dopamine addiction. They won’t do shit except write short angry comments on their internet echochambers.
>>61534302niggertard 0 IQ scum
>>61533612I own a home and wouldnt care all that much. I plan on living in my house and passing it on to my son. If the price goes down a bit so will my taxes. I dont look at my house as some sort of asset to flip and upgrade at the expense of some idiot who gets a 50 year mortgage. It is just a place that i like that i chose to live in...
>>61533573My mom just bought a BMW X5.I'm never seeing any of that inheritance.Good thing I'm already 7 figures, or else I'd be seething
>>61535315my mom is retiring in 5 years. she drives a 5 year old honda crv that has maybe 30k miles on it. she's talking about buying another new car. she's not retarded with money but at the same time she and my dad don't have a ton of money to retire on. if her 35 year old self were aware of what her 65 year old self were suggesting, she would be shocked at how retarded she had become. i think a lot of it is constant exposure to a diseased and mentally ill society: relentless consumerism and limitless lines of credit.
>>61533731Your mistake was to assume anybody owes you anything
>>61535339>you shouldn't count on your family helping you advance in lifethis is a large part of why modern life is unbearable. people like you deserve to be tortured in hell for all eternity.
>>61535339your parents actually owes you for birthing you into this dogshit world without your consent
>>61535348That anon is probably too autistic to realize his dad simply doesn't like him that much. My point is, instead of getting mad he's getting no car, he should have adjusted expectations, and bought $4k civik himself. He'd win a bit of respect for his asshole dad too.
>>61535362I'm just old enough to remember Mtv and I own my home. It's a cheap little house and I had to fix it up. It dawned on me with the guys I work with. They are the youtube generation, they truly do not comprehend that not everyone has lambo's and houses handed to them like their favorite youtube star. It's the same idea as the shitskins that come here for the gibs. MTv crib's syndrome, just with youtube and tik tok.
>>61535381i'm probably the same age as you. are you fucking retarded?
>>61534358>people COULD have reasonably afforded a home and just chose not toOh ok now everyone WANTS to buy a home and more people own a home than 50 years ago but since people now can't afford a home that's the bad thing? Sounds like some faggota ought to keep their wants in check
>>61535339Correct>>61535348Holy fucking shit you're a spoiled brat, why the fuck are you ENTITLED to a car?>>61533585Jesus fuck "gimme gimme gimme"
>>61533644If #2 occurs so would #1.
>>61535480>brainwashed golem slave perplexed at the idea of family feeling an obligation to help one anothermystery meat immigrants should never be here, but there's a reason why they advance so quickly, from dirt poor first gen to middle/upper middle class second gen. it's because they pool resources and cooperate.
>>61533573Bait used to be believable.
>>61533503Home ownership is for closers.
>>61533672what does that do
the most vested interest a person should have is in their own children. causing harm to those that should be your main focus is mentally diseased mutant behavior.
>>61533508Made me giggle. Thanks
>>61533639this ^ is how i see boomer housing market playing out. boomers will be forced to sell their homes at lower rates in order to pay for elder care facilities.
>>61533689why did you have kids then? just to feel important and powerful? you do realize that poverty makes it difficult for them to have kids of their own.
>>61533731hey anon, acetyl l-carnitine is supposed to help with concussion
Its nothing but uncs in this thread geez why do you need a house anyway just live at the retirement home
>>61534364in rural areas it's still common to buy an rv and land and build the house as income permits. this saves years of income that would have been lost to mortgage interest and contractor fees. there is a dip in the standard of living (in an rv) until the house is built.
>>61535511this is why the usa is no longer competitive
>>61535850if you're white trash maybe.
>>61535511>>61535866It’s really crazy how much boomers don’t understand the game nowadays. Their grandkids will be eaten for breakfast in any market because immigrants (that they let in) will come here and almost sacrifice themselves via seppuku so their kids/grandkids have a shot.My parents were boomers. My father lived this weird Forrest Gump life. He was at every historical moment. Total scumbag degenerate human who blew the inheritance on fast cars and women. We were going hungry as kids, we never got Christmas presents but he’d get prostitutes and act like he picked them up and didn’t pay them because he was supposedly so cool and charming (“I still got it!”).Anyways, total boomer death. Toss anyone who defends them into wood chippers. I save half my income so that my kids and grandkids will dominate the offspring of those who are selfish. Merry Christmas, unless you’re a boomer or boomer-adjacent with your scumbag attitudes.
>>61535935>My parents were boomers. My father lived this weird Forrest Gump life. He was at every historical moment. Total scumbag degenerate human who blew the inheritance on fast cars and women. We were going hungry as kids, we never got Christmas presents but he’d get prostitutes and act like he picked them up and didn’t pay them because he was supposedly so cool and charming (“I still got it!”).sounds based, get therapy
>>61535888maybe, but at least i'll have a paid off home
>>61536048yes, after 360 monthly payments @ 7% interest.
What a bunch of whiny losers in this thread, I bought my first house when I was 26 in 2018, and I was a fucking neet for five years after college and you can’t when a bunch of you sound like you are in your thirties or older?Like you are all so pathetic your only chance of making money is inherit it? Might as well be try g to win the lottery too like all the other poors lmao
>>61536061>build the house as income permits. this saves years of income that would have been lost to mortgage interest<are you even reading what you're responding to? the concept of manual labor (framing, pouring concrete, roofing) is also lost on this generation unfortunately.
>>61535935>We were going hungry as kids, we never got Christmas presents but he’d get prostitutes This is how /biz/ users would behave if they had children
>>61536106>yeah i got a whole team of based and trad friends who, after working 8+ hours of paid labor at their day job, volunteer to do another several hours of unpaid construction work on my homemax IQ to think anyone believes this 'building your own house from the ground up' larp? only way youre saving money is by buying pre-fab but that's not much cheaper these days.
>>61533503Housing in the United States is still some of the most affordable in the world. Outside of a few metropolitan areas good homes are widely available for $300k or less. These are areas with decent infrastructure, low crime, and a low cost of living. The problem is that the normie retards complaining about this shit think those places are icky and boring and don't have "culture." Millennial yuppie faggots think they are entitled to live in trendy coastal cities where all the "culture" is, despite most of them coming from middle America in the first place. Their solution to housing is to flood their preferred cities with cheap housing and let 95% of the country either away and rot.
>>61533571Owning a house is a privilege and a luxury. The financially prudent thing is to spend no more than 30% of your net income on your housing payment. For the renter that's easy to figure out. If you make $60k after taxes then you should spend no more than $1500 on rent. If you own a home, you have to figure the mortgage, insurance, property taxes, and maintenance costs into that monthly payment. If you want to buy a $400k house your mortgage+taxes+insurance will be about $2500, but you also need to save $500-$1000 a month for maintenance. So the real cost of buying that house is $3000 a month, and you need to make at least $120k net to properly afford it. You also need to be disciplined with your money and save and plan for unexpected expenses, because when shit breaks it's on you to fix it.So in addition to young people being whiny entitled faggots who think they have the right to live in California, they are also too irresponsible and immature to handle the burden of homeownership. They are used to renting or living with their parents and have no idea how much goes into maintaining a house. There is a reason they are priced out of this shit.
>>61533860"I should be entitled to what I was given as a child forever for free!"The 19th Amendment was a mistake
>>61533573self hating white lib boomers don't do this and their self hating millennial kids are broke and too dumb to be wealthy on their own
>>61535168stay buttmad
>>61533503I've always been anti communist but I now understand why communist revolutions happen and when one inevitably happens I'm just going to step aside and watch and laugh because you deserve it.
>>61533573>You DO realize that wealth in the older generations gets passed down to the younger generations...?Boomers have rejected this tradition. They believe they are entitled to piss away all of their assets -ideally timed just right so the balance hits zero on the day they die- and younger generations are supposed to bootstrap and firm handshake. If they get the timing off, they expect social security to parachute them.
>>61533573>You DO realize that wealth in the older generations gets passed down to the younger generations...? IfBased off what? You realize it's not coded in law that parents/grandparents have to pass down shit, right? It's more likely they'll tell their descendants to go fuck off and earn their wealth themselves than lend them a cent. My Grandma for instance has no life insurance policies or inheritance taken out on her kids.
>>61533711>>61533734>Heirs can't refuse debt with assetsIm going to be honest... implementing and enforcing this would backfire TREMENDOUSLY on most people complaining about boomers not giving them things. Imagine inheriting Grandpa's debts without Grandpa's credit score only to find out the house was reverse mortgaged and the investment accounts were zeroed out for vacations, an RV, and endless football tailgates a decade ago.
>>61536178The problem with rural America isn't that it's boring and have no culture, which is largely true, but what really prevents people from moving and staying in those places is the lack of economic opportunities and jobs. In those places, the average person's only opportunities are to work retail at Wal-Mart and the Dollar General, and no one with better prospects is flocking to those positions.
>>61533503I own a home and hope for a housing crash. Would love to pick up a vacation house and a few rentalsBut ita not going to happen. The government will not accept lower values that would lead to less tax base
>>61536588That's not true, they want to take out more than they put in, not hit zero.
>>61533573Boomers onward don’t believe in inherited wealth.They(and this includes gen Z) think that the money they save now in retirement should last only as long as they live.The idea they might die before spending that last 1 million in their investment accounts sickens them to the core.
Yet he is deporting people that lowers demand crashing house prices anyway.
>>61536827That used to be true but work from home invalidates itI wfh while I live in an isolated cabin on a lake in the woods in the Midwest and it’s been the best thing I could have ever done
>>61536882WFH is a luxury arrangement now. Corporate management hate that shit and a lot of companies have rolled back those positions post-pandemic.
>>61536893Maybe for shitty low level jobs, but if you are skilled it’s just another perk like dental or Christmas bonuses
>>61536969it's getting more difficult to find remote jobs imo. i work in accounting and i'm 8 years deep into my gay and jewish career. currently fully remote but it's only because i'm a COVID hire grandfathered in. everyone else is an un-tracked and loosely enforced 1 day/week RTO. vast maojrity of job postings (absolutely terrible job market) are 2-3 days/week in office hybrid and a disturbing amount of 5 day in office postings are showing up on my roastie recruiter email spam. i'm looking at senior manager/director/controller level jobs but this extends all the way up to CFO job postings.
Same at my company, I am full time WFH because I was here in covid, new starters are either full time office or 1-2 days max at home, which isn't straight away but earned after some time.
I'm so tired of this Jewish nightmare world
>>61536969No it's true for even for a lot of high skilled jobs. I work in finance; I have WFH privileges from the COVID era lockdowns just like these guys >>61536983, >>61536989. But all of the new people my employer has hired post-pandemic are required to be in the office all week. And to reinforce my previous point, corporate management hates WFH because no one really believed that people were more productive working in their living room. It was a lie that they and the shareholders were willing to accept due to the lockdowns. But now there's no reason to maintain the charade, so companies are now forcing people back into the office. Also the empty offices and lack of physical workers, lead to a lot of empty retail spaces in downtown core areas as restaurants, shops, and retailers relied on the day traffic brought in by office and white collar workers as a primary source of revenue. The vacant commercial spaces, led to a devaluation of the commercial real estate assets of many companies. These real estate assets are often collateralized to loans, the devaluing of which leads to higher risk on part of banks and creditors. So it was pressure from banks and the asset holding class that lead to the decline of WFH arrangements, all because they want to retain the value of the real estate assets.
>>61533503I unironically think american society will shift back to multiple generations of families staying in one house and passing it down or just kids moving out at a far later age since people continue to vote cartoonishly evil businessmen into power
>>61533524Me and my boys already agreed on a SHTF policy of brutally killing anyone over 60 we come across absolutely no questions asked.
>>61537284no you didn't
>>61537363tick tock you old faggot, better hope you drop dead of a heart attack before the dollar collapses
>>61537373hope you enjoy your larpfantasy is as far as you'll get in this life lol
>>61533503 (OP)Accelerate.>>61533573>he thinks boomers care about the future and weren't groomed by jews into thinking jesus is coming in their lifetime>>61533524Considering it tbqh>>61537363>>61537400Someone's getting gibbed by an FPV drone.
>>61537089>And to reinforce my previous point, corporate management hates WFH because no one really believed that people were more productive working in their living room. It was a lie that they and the shareholders were willing to accept due to the lockdowns. But now there's no reason to maintain the charade, so companies are now forcing people back into the office. Lmao fuck no.RTO is about on-site tax perks and CYA justification to shareholders for decisions made prior to the pandemic which require quarterly explanations (long term office leasing, team expansion, capex investments, etc.). Your employer cannot deduct your utilities and home maintenace from their taxes, and they also cannot maintain their current tax abatements in many jurisdictions without validating on-site headcount. If the business owns their office outright, headcount and maintenance is a must to maintain/grow the property value for future resale. They can't have a multimillion+ dollar property sitting on the books and leave it looking like an abandoned crackhouse.https://www.experian.com/blogs/employer-services/tax-implications-return-to-office-mandates/Most businesses objectively had higher performance during the pandemic and a lot of that came because of zero commute time and work life balance flexibilities empowering employees to do things as efficiently as possible to maximize free time. That in turn left more available hands on deck to help in the case of emergencies, which was a complete win all the way around. It was like having extra reserve compute for scale up at a known fixed price, while having the nodes constantly self-optimize all the known work as best as they possibly can so they can get back to the reserve pool.Quite frankly I think if it weren't for the conflicts of interest wrt real estate values, we'd already have shareholders screaming for heads on spikes over performance hits and profit lag.
>>61537505>RTO is about on-site tax perks and CYA justification to shareholders for decisions made prior to the pandemic which require quarterly explanations (long term office leasing, team expansion, capex investments, etc.). You basically reinforced the point that I made on the second paragraph of my post. >Most businesses objectively had higher performance during the pandemic and a lot of that came because of zero commute time and work life balance flexibilities empowering employees to do things as efficiently as possible to maximize free time. That's not what happened and I can tell that you got this info from reddit because this same shit is repeated there. The real reason why businesses performed so well on paper during this period is because the market was flooded with cheap credit; in addition COVID bucks and the rent moratorium meant that consumers had more money to spend on consumption. This cheap credit coupled with high demand for goods, lead to companies engaging in aggressive expansions and investments with little thought given to operational optimization. This translated to companies hiring a shit ton of workers, without giving much consideration to optimal work capacity and efficiency per worker because they thought the party was never going to stop. But it did, and they were forced to layoff tons of workers and reassess the WFH arrangement, which management knew intuitively was bullshit. >we'd already have shareholders screaming for heads on spikes over performance hits and profit lag.I've no idea where you've been but we're already in a bear market and in a recession, albeit still in the denial phase.
>>61537786my boomer mother wants to buy a house now and stick me with the mortgage
>>61537877grim
>>61537786save this graph on your phone for the next time a boomer scoffs at millennials for not working hard enough to buy a house frankly, boomers' scoffing at people who can't afford to buy their homes is just a way for them to justify keeping the price high.
>>61536879ice has deported maybe a few tens of thousand of people, while over 15 million came in just in the last term
>>61536144you must not have ever lived in a rural area. you xan but building materials from amish distributors at 50% lower prices than home depot, and yes, we do help each other out. >>61536827not necessarily. a lot of my neighbors seem wealthy. they work in trades liike electricians or truck drivers, and have some agricultural production (like hay or beef) on the side. they know how to reduce home ownership costs by doing their own repairs, lowering property taxes with the ag exemption. also, what you call boring, i call peaceful
>>61533571The interest rates were at 2.5% a few years ago. Why didn’t you buy then retard? You could’ve bought a house with near zero down and it would’ve been worth twice as much today.
>>61537786If you can afford a house buy now. It’s not going to get better.
>>61536234Blow your fucking brains out kike
>>61533616This is why whites will be extinct in two more generations.
>>61533571>imagine giving someone 1/2 of your paycheck every fucking month for 60 years just to own nothing that you can inherit to your children at the end of your miserable life, which they have to repeat the same process
>>61535339>AAGHGHHHHH WHY IS GEN ALPHA ROBBING ME AT GUNPOINT NOOOOOOO!!!
>>61536234Is your math off? I make 300k and just bought a 1.6M house.
>>61538226are you nuts?
>>61538181retard the alternative is paying interest payments to jews on a depreciating asset for 30 years. You are throwing money into an incinerator no matter what you do but at least with renting your networth can be put in the stockmarket and earn more money in the long run than land appreciation will get you.
>>61538230It has one detatched rental in it that should be able to make $4000/month on. After taxes, benefits, mortgage, rental income I should clear 10k/month
>>61538164>The interest rates were at 2.5% a few years ago. Why didn’t you buy then retard?I was 14
>>61537786>>61538086But this is adjusted to CPI, not income. If the line were flat then homes would be a bad investment. People buy houses because they think the price is going to go up and because they've been memed into buying houses as like some end-all basic requirement for being well off, as though having the money parked in index funds and living off the returns to pay rent makes you awful
>>61537257Given how many zoom zooms are living with their parents indefinitely that feels pretty likely. >Kid goes to college with a degree in bullshit>Stays at home working odd jobs as a barista/Uber driver/Chipotle slop shoveler that doesn't really pay the bills>Fails to thrive, spends 20 years like this>Parents get old, start to need help>Kid helps parents while remaining quasi employed>Parents die kid gets house and retirement>Lives quiet existence and dies
>>61540228i think people buy houses for shelter, so they can keep warm, have a place to cook food, and some privacy for breeding. >>61539596have you ever bought and sold land?
>>61534364>. In 1965 families used to rely on a single income where as in 2025 a dual income is needed nowadays. How much did they spend on door dash and airpods?
>>61540248>door dash and airpods consume an entire spouse's salary.ragebait tiny hat scum
>>61540252Throw in child care and a second car and morning coffee milkshakes and house cleaning and income taxes on the second income all which you're buying just because wifey can't be home anymore to do basic shit and yeah you're pretty much there.
>>61539844hope you dont lose your job
>>61534364I would like to see a graph plotting average age of first time home ownership against the percentage of jobs in residential construction. I would bet on a strong inverse correlation.
>>61533564>it is already those that are wealthyESL
>>61540656all I have is this
>>61533573>Erm… trickle down actually works chu. Even in your family!Reagan really was a chad representative of the people. Still gets people to believe in trickle down economics even after years of saying otherwise. I kneel to him
Mainfactors for cost: Deindustrialization of the west has caused all industrial goods to cost more across the boardEndless regulationAnd the sheer size of government which extracts a % from every working person
>>61540245have you ever bought and sold stocks? it outperforms realestate investing in all but the very worst cases of real estate bull runs. Buying a house is a bad financial investment unless you really want to live in that particular house, and particularly in todays housing market with realestate being overpriced, you are not going to see the type of realestate gains we saw in the last 20 years
>>61540905https://www.youtube.com/watch?v=lBG-g1CKfgs&t=319s
>>61540905the rent vs buy comparison always uses market prices of rent but anyone whose been renting for 10+ years is well below market rates
>>61540593Isn’t that always the case when having a mortgage?
I thought it was foreigners (particularly the Chinese) buying up land in the US that's causing housing prices to skyrocket
>>61533737You can't fucking read. The grandfather gave him a truck AND THEN HIS MOTHER STOLE THE TRUCK AND GAVE IT AWAY TO SOMEONE ELSE YOU RETARD
>>61537716>WFH arrangement, which management knew intuitively was bullshit.The difference is that in the past I'd waste three hours a day talking to my boss, so he never held that time as wasted against me. WFH let me spend that time doing something other than making jokes about football teams and discussing the wedding of a boss' daughter I didn't give a shit about. And that's what really chapped managers' asses.
>>61540992They can always raise rent prices to be aligned with market value. That happened to me and forced me to buy my first home which I then sold 5 years later for twice what I paid. Home buying over the past 15 years have been the call. But people that bought in 07 took about 10 years to recoup home value losses.
>>61535935you’re based but so was your father in a completely different way
>>61536061Interest rates are 5.6% right now. And we’re 2.5% a few years ago.
>>61540905>>61540907agreedhousing is another banker scam
>>61539596you are forgetting about leveragein the stock market you are using your own money with no additional financingbuying property with a mortgage you leverage your downpayment potentially 5x and that has worked wonderfully for a very long time. of course when the leverage starts working against you like Japan 1989-2020 you are fucked for life
>>61533573This only really applies to the rich. Your average Joe Boomer, on the other hand, spends most of his money on medical bills and retirement, leaving his kids almost nothing.
>>61538137>you mustn't have grown up in a BASED AND TRAD small rural TOWNi live about 50 miles away from the amish capital of the USA (lancaster county, pa) and i grew up in a rural township of ~1k people in northeastern PA.
>>61537505>Most businesses objectively had higher performance during the pandemicThis gets hammered all the tike but I’m not sure how true it is. Maybe anons like us on 4chan who are comparatively tech literate perform better in WFH because we like being alone, but the average normies who comprise 90% of the population absolutely do abuse the lack of supervision to piss around and get paid for nothing.I work in a company that is majority pajeet and has everyday mandatory attendance but my manager turns a blind eye when I stay home 2 days a week because he knows how productive I am and because I’m not a jeet slave who needs to be wrangled 24/7. You can bet everything you own those pajeets would piss around and do nothing at home if nobody was around to crack the whip. White normies are the same.
