Most Americans can afford to buy RE. Why don't you have a house yet?
>>62354049>india 4thcan't indians, like, just overtake some random patch of land somewhere and just live there? they don't even need WCs...
>>62354049Because real estate is a shitty investment. No better than bonds in most cases. If you want RE exposure buy a REIT stock.
Had a house once but forced to sell since cost of maintenance (combined with all my other life expenses) winded up draining my savings - yes I couldn't save money anymore from my stagnant wage job. Said job also cornered me with a few upcoming retirees' workloads without any plan of promotion for me. Was forced to sell the house and quit my job without a backup plan. No backup plan since every job in my surrounding area paid only half of what I made. Horrible situation all around, was forced to move home. That all happened circa 2022, and I haven't been able to find a new decent paying job since. It's almost like I got checkmated. Sigh.
>>62354049Waiting until im ready to retire so i can accelerate depreciation on a rental and roth convert my whole pretax ira at zero percent then hopefully be able to sell and capture 250k tax free cap gains
>>62354474not having to pay rent is a superb investment
>>62354049Indians should move to Britain for cheaper housing
>>62355121Too many pakies there sir.
>>62354049>10% says they have financial difficulties with housingKek who tf believes this bs
>>62354049I own 15 homes in smackover Arkansas average purchase price $2500
>>62354615Sounds like you bought something you couldn’t afford on your fixed wage, and then interest rates hitting 5% in 2022 suddenly made the economy real and you got boned.
>>62354049I only have 300k. If I can get up to 500k then I can get a million dollar property with my accountant wife that's in this state's best school district
>>62354049these numbers make no sense whatsoever>self reported bullshityeah ok
>>62354346Yeah but consider that the 50th income percentile for a rural Indian is about $200-250/month, with the bottom 10% making less than $70/month. If their rent costs them just $30/month, that entire 10% is still facing difficulty because of it
