>just graduated college, in state with no debt>started at 80k a year, will probably be making 100k-110k within a couple years>live semi-frugally and set aside 10-20k a year>20% down payment on a 300k home, payment is $1300 a month>assume $2000 or so with insurance and property taxes and utilitiesZoomer demoralization online always told me I would never own a home and should just spend all my money on clothes and doordash. This is the first time I actually looked at mortgages and it doesn't even seem that bad.
More like $2500 / mo. Add monthly bills. You could afford half that cost house on that salary.
>>62391175It isn't...once you're in the right income bracket. The issue is getting into that income bracket, as there aren't many opportunities to do so without serious sacrifice or risk. Any sort of schooling will run you a pretty penny setting you back a couple of years delaying childbirth or down payment saving and careers that pay well can also demand so much of your time, you can't actually have a personal life. If you're family doesn't love you or you have no friends (or both), it really isn't worth working jobs that demand a lot from you for longer than you have to. At least, that's what I've found out. They don't make it easy to just live like a monk and pursue knowledge, which is all I want to do.My current job has a lower annual income, but is rife with overtime opportunities. I was able to save my downpayment in less than 2 years. This is in a HCoL area with a single bedroom apartment that is reasonably priced. Bigger wage is almost always better, unless housing is super fucked. Fish, meats, veggies and most fruits are still priced well too. It's like a game to me to see how little I can spend.On a side note, most people can't do basic arithmetic, that's why Daddy Ramsey is so popular; they need an authority figure to tell them what to do. Never listen to plebs at first glance, they can never be bothered to listen to a thinking man.
>>62391175$80k a year is like $4.2k a month after taxes, insurance, and 15% 401k contribution. a $300k house with 20% down is probably closer to $2.5k/mo like this anon said. >>62391369
>>62391395just live "frugally" bro (rice and beans and sleeping on the floor for the next 10 years)
>>62391369>>62391395>>62391400Thanks blackrock shills. I'll just rent an $1800 apartment for the rest of my life instead.
>>62391408alright, just dont look at layoff statistics. also just pretend that job security is still a thing.
>>62391395>>62391400Let me help you do your job, for free, might I add, as to how you can convince people to rent VS own. Start selling the idea that women love it when men own nothing and live in an apartment with 2 other foreign dudes. Should be easy, you have plenty of money and time to start brainwashing the moids. Chop, chop, let's see that new propaganda!
>>62391426>>62391408i dont understand why you're so upset about me doing some basic math. you can still buy a home, you just need to make more money.
>>62391415I have 30k for emergencies and my major has some of the strongest employment. Sure $2000-$2500 is tight but I'm not making 80k forever. Or I could just save an extra year or two for a larger down payment. Why does this board NOT want me to buy a home so bad? It's not like I'm buying some $100,000 truck.
>>62391431>my majoryour major means nothing, it's your network now that you have a job. keep in touch with the people you work with.
>>62391431>but I'm not making 80k forevera lot of people assumed this and did calculations based on this. More often than not the path doesn't formulate, the "career pipeline" broke a while ago. I'm not trying to doompill, but there are plenty of people in their 30s that have wages that never kept up with inflation. It's not as rosy as you think it is.
>>62391431I was making 125k in 2016. By 2023 I was making... 100k. Now I make 135k.I used to have 150k saved. I used every last penny to survive several periods of unemployment where the government didn't pay the unemployment they still owe me to this day.Beyond this, as previously pointed out, your cost estimates on a 300k house are way off (and I'm not sure where you live where you can both get a job and get such a cheap house. It's a real thing, don't get me wrong, but a fairly unique position in 2026). You're in for a rude awakening.
>>62391175>300k homeThat’s lower class, bro.
>>62391175A 1m home is ghetto and you’re talking about $300k home….
>>62391429You're wasting your time with retards.Anyone that posts on biz seriously is already lost. This place is for funny shit/schizo posting. Not helping humble bragging dorkfishes. If he's actually a high-iq, hard-working, 6 figs a year genius, then he can figure out basic budgeting on his own. If he can't, he deserves to lose everything.
>>62391602Do be fair, newton got assraped in the stock market because he FOMO'd like a retard.
>>62391602But $80k is lower class. Anyone making $65k is falling behind for sure, even the msm says this, and has seen no wage growth since 2020.
>>62391431The job market is very unstable now and your workload at work keeps increasing while wage growth doesn’t outpace inflation. You can also expect to work till 67.
>>62391175> will probably be making 100k-110k within a couple yearsProbably not. Plenty of graduates unable to find jobs willing to work for less.
>>62391369Yeah lmao....this nigga hasnt looked at interest rates since 2021 it seems
Congrats anon but please take to serious heart what anons are saying here.If you are young dont rush into a home to have one. Plan for unknown BAD future issues you could run into. Plan for the worst(im saying this in good faith) a home should be long term for personal use and commitment, or a smart investment, never something you just have because right now it looks good. Renting is sadly the best thing prior to that.A home comes with>insurance>repairs>maint>damageAnd this is all your responsibility. On top of rent(mortgage) Renting can be smarter at times before you make commitment.
why do mutts give us their gross salary?its like if i was talking about the ass of my wife when she was 16, but now she is 34
>>62392390Everybody just wants a house now in such a terrible economy and bad work market lol. Everyone just sees the success of the top 10% and think that success came overnight.
>>62392400Cope bitch. Europoors came to usa and are shocked at how everything is. >giant stores>air conditioning >costco>wal mart>ranch dressing
>>6239117530-40% or more of your mortgage payments go towards interest lmao dont you want to gain wealth? why stay in a 300k mid home op
>>62392390>>repairs>>maint>>damagehere we go. the old 'enjoy your $200k per year maintenance costs' rentoid cope. the purest of all rentoid cope.
>>62392405Ya its a really bad move, I worry for some friends and family who rushed it or went too big. Im listening to my oldest cousin whos got a decade on me and suggests I save and wait this out. Him and his wife packed it all up, went to a lcol state, and continued in medical. House is already paid off by 45 and its nice.
>>62392418No retard, they are outliers in controlled budgets and need to be accounted for. Insurance rates fluctuate, as do property taxes. Gotta furnish as well. You dont want to waste on unused rooms.
>>62391175buy an old queen anne, paint it up nice and make it look good for the insurance inspector, get the best HO 3 guaranteed replacement cost insurance you can. 3 or 4 years down the road. tragic kitchen or dryer fire (while you're away to the store) Rebuild a brand new 4-6 bedroom house
>>62392407>giant stores>air conditioning>costco>wal mart>ranch dressingwow so impressive my neanderthal friendeven in eastern europe we have AC
>>62391175Let the goyim deal with the real world
>>62392470Know your place.
>>62391175Homes in my country start at 300k in the muddle of nowhere but the salary for a college new grad is like 30k bucks. Even flats from the 70s go for over 200k minimum at any city with jobs. People leave their paren't home at way over 30 on average and those that do it before have to spend a bunch of years doing the humiliation ritual of having to live with roommates like you are still in college.It's never been more over.If you amerifaggots didn't get raped so hard by property taxes, twenty types of home insurance in case your wooden house burns down or flies away, even more expensive insurance in case you break anything and your jewish healthcare system tries to ruin your life and needing to buy a monster truck so that some retard or blind boomer on a ford f150 doesn't kill you on the way to walmart, those housing prices would actually be pretty affordable for regular american salaries.
>>62391602>6 figs a year geniusAll it takes to earn 6 figs a year nowadays in the usa is to move to a big city and do litterally anything. Seattle, SF, San Diego, etc all average over 100k on individual yearly income now. The difference between income at big cities and the rest of the country is getting hughmongous since the covid moneyprinter money all landed at those big cities.
>>62391602Kys seething faggot, i've gotten and given plenty of good advice here. I guess it was too difficult for you to understand i guess.
>>62392400How the fuck would you give it in net? I have no clue what my tax rate is going to be until the end of the year because company bonuses can change drastically depending on how good the year is, and the tax rate is then recalculated after they hit. And what about RSUs?Any compensation of a job at a real company can only be discussed using the pre-tax value.
>>62392525Every nigger within 50 miles of D.C. has been making 6 figures for 20 years by now.
>>62392531That's only true for government workers. DC isn't even among the highest income parts of the countries. There's always been tons of poorfags there since it's either you work for the government or you don't work at all. 6 figs was still not thay common of an income at almlst any place in the country until covid.Now it is actually crazy. My previous comment was actually wrong. It is not that they average 100k, but that the MEDIAN is 100k, meaning over 50% of people at those cities makes 6 figs. 6 figs means nothing anymore, you'd have to do a 3 to 1 reverse split of the dollar or some shit for 6 figs to becone an actual metric of success again as only actual top paying careers at medicine, finance, big law and big tech pay 300k in the first 5 years, just like how only careers of that caliber paid 100k soon after college back when the 6 figs success metric became popular.
>>62391175>payment is $1300 a month>>assume $2000 or so with insurance and property taxesMy mortgage is like $600 a month but I pay $1400 with taxes, pmi and insurance. Rate is a fixed 3.77%
>>62393193It's actually $500 something payment towards the loan and $800 something in escrow but i had a shortage last year so the jews bumped it up. Was an $1100 a month payment.
>>62392400Because taxes vary depending on the state.
i wish you luck. it is incredibly rare to have a 10% let alone 25% gross savings rate making 100. 80k averages about 6k a month, 5 if you're in a high tax area. A 300k mortgage is 7% takes up 70% of that. still better than renting forever but affording existence on a low wage is very difficult.
>>62393848Yeah, 80k is very low. Sounds crazy but that’s the modern world. Places with many $80k jobs are big expensive cities. And a $300k is ghetto.
>>62391175Depends where you are trying to live. With utilities you are probably way off. Taxes and insurance swing wildly based on location. Payment of $2500 for mortgage, taxes and insurance like other anons said is probably about right. Personally my utilities run around $400 a month for electric, gas and water combined and I am way lower than my coworkers but I am in California so... Captcha is broken
>>62391431Go talk to a financial advisor before buying a house. Come prepared to tell them your goals, including retirement age/income. They’ll be able to give you an objective run down on if buying a house at 300k now is good or if you should wait a year or whatever.4chan is a fun place to get advice but it’s not a good place. The only good advice in this thread is to make sure you flesh out your network. SERIOUSLY. Knowing someone has saved my ass twice now during unemployment. But in any case, it looks like you’re doing great for yourself, OP. Keep it up!
>100k starting from a state school entry level during one of the worst job markets in historyOh yeahDoing whatYou lying faggot
>>62391408>>62391431>I have 30k in savings at 22>I've been immediately employed in the strongest degree (not healthcare because that Why do people come here and lie constantlyWhat do you benefit doing this
>>62392390My first 5 years of home ownership came with a multi thousand dollar expense every fucking year. It was brutalBuilt in the 70’s, so it has great bones. Just had to replace> hvac> water heater> add an outtrap> replace a portion of brick wall> shower replacementMy roof is due next but at least I’ve had a few of years without wildly expense stuff
>>62392390>>62394787>do not diy goyim
>>62392405Bruh i want a house for my yard and no landlord telling me to keep the walls white. Also, knowing any issues are my responsibility and not some other middleman is better too. I can’t fathom not being able to walk into my own private outdoor space, or having to hear the people next to me. Haha knowing a building fire won’t be started by any retard other than potentially me.Having as many pets of whatever kind (within county law) without pre-approval, or threat of random rule changes is nice too. Peep my big fat retard, he likes the longer grass <3 It’s the back yard behind a 6ft fence so no one can tell me to mow it either
Just rent an apartment and buy bitcoin or tech stocks and you will come out way ahead of buying a house
>>62394810The material alone is a huge expense for all of those. And the outtrap required excavation equipment lolYou just sound like an ignorant person, i wasn’t even trying to discourage OP. Literally encouraged him in a previous comment
>>62394817Yeah but it is costly in 2026.
>>62394817There isn’t much job security in 2026 and houses in good areas are very expensive.
>>62394839And? Their point was that people want houses to be like the rich. That’s not why i took the financial risk to buy a house though, shrimple as. If you don’t value your privacy, don’t want to be responsible, and don’t care about pets, apartment/rental life is for you then.
>>62394845I guess. Should have a good nw and stable income.
>just graduated college, in state with no debt>started at 80k a year, will probably be making 100k-110k within a couple yearsMost retarded assumption here by far, especially in the year 2026. OP is in for a rude awakening.
>>62394872Yeah, he could be stuck in entry level forever. He is lucky to even get a job.
>>62394852You only need that for kids tbqh, i hate the idea of not being able to give kids what they need. I’ve hit hard times with my dogs, couldn’t buy a bag of food for a couple of days, so i just made them chicken and rice from my freezer stock lolWas probably great couple of days to them.If things get real bad keep your house and use food banks/govt resources.Or rent a room of your house. You especially can’t do that without pre-approval if you’re renting. Hell, you could rent your house out and sleep in a car if shit gets REALLY bad.You can use your home equity for emergency home repairs or even buying a car, that came in handy this year too.There are a lot of things you can work out with a mortgage company during hard times too. I’ve been on forbearance before while unemployed, well worth it to keep from missing a payment.Idk how many landlords are willing to do anything like that. Every single income crisis I’ve had was still worth being in my own space for. It’s not like i would’ve avoided them without the house, either. Well.. except the house mx issues lol But employment/unemployment-wiseIt’s just what i value a whole hell of a lot more than nw. What does nw on paper mean compared to coffee in my garden?
>>62394852AlsoIncome isn’t stable, even if you’re a business owner or kawaii stock trader like biz admires. You can hustle your way out of the down trends regardless
>>62394912Sure. I guess that’s why they say home ownership is just a big wealth divide in America. Those can afford it and don’t need to work are in a very comfortable position. That’s why agenda 2030 expects a nation of renters.
>>62394946Anyone who doesn’t need to work is in a comfortable position if we want to be honest here.That presented a tough question to me though, do i value my house over literally never working again? I do not know, because i never strived for never working. That’s a thinker> agenda 2030What’s that? Liberal or conservative garbage?
>>62394954> agenda 2030It is neither and it isn’t political. The left will say muh climate change and muh equity. On the otherhand, Trump himself pushing the world “in to a multipolar world.” Multipolar world is part of agenda 2030. Then it is nation of renters, then it is own nothing and be happy. You can see the world agenda 2030 coming into play daily. I wonder if many people will die in a culling though.
>>62394954This agenda is literally materalizing before our eyes. This massive wealh gap and the costs of goods keep going up. Eventually, the majority’s paychecks will go to rent and food and entertainment (circuses)People won’t be able to own anything and everything will be rented and financed.
>>62394960This sounds like you’ve taken 2070 paradigm shift too seriously. Either way, best of luck. It’s hard to not be cynical, but it’s easier if you can focus on what actually makes you happy instead of made up expectations for milestones.Hope you can have some fun out here
>>62394969These aren’t my milestones. lmao wtf. You cannot see these things happening?Things will get worse and worse which they are until the breaking point. It is like how current corporations are firing everyone and letting the remaining employees do the work. Stretch the employees as thin as possible until it breaks then stop or get ai or wait till they quit and replace with newer employees and repeat. The rich are so rich, it is over. There is a literal permanent underclass. American median household nw is $190k ffs. Avg salary is 65k man. It is over. At college graduation ceremonies, they booed the guests who mentioned ai. College grads can barely get jobs and current workers face layoffs and replacements from those with more experience who were laid off willing to work for less. It is fucked lol. If you’re owner class, it is all good but everyone is fucked.
>>62394969> if you can focus on what actually makes you happy instead of made up expectations for milestones.The cover up of all the brown crime in Europe and uk tells me the country’s rulers want a new batch of workers. Imagine you own a farm with 100 white cows and you want to replace with 500 black ones and with an unlimited amount of black and brown ones available.That’s literally the goal and to the benefit of the top 1%. I am not cynical when you can see it happening. lol wtf. The west cannot get infinite growth without this.
>>62394986Bby I’m talking about telling someone they need a good nw before buying a house. If things are fucked forever, why not get what makes you happy anyway? “Owner class” is funny because a lot of the small business owners i know are similarly susceptible to these big issues, and are concerned.When did America not have a permanent underclass? These big industrial changes come with social strife that levels off, this isn’t the first time in history a massive wealth gap happened. Do they teach history in school anymore lolDoubt it, if i wanted people to be scared i wouldn’t teach them history either.College kids booing AI creators is a great thing to hear, thanks for sharing that.
>>62394991You’re definitely being cynical. Hard times come and go, it’s over when you’re dead or give up.
>>62395002> Owner class” is funny because a lot of the small business owners i know are similarly susceptible to these big issues, and are concerned.Owners class refers to those who don’t need to work. > When did America not have a permanent underclass?We have jumped and crossed and leapfrogged many new milestones since 2020. It is declining rapidly for most people. Remember, in the k shaped economy, one line keeps going up and one line keeps going down. > this isn’t the first time in history a massive wealth gap happened.The biggest amount of momentum in history has been printed recently. In 2021, the top 1% gained 21 trillion and bottom 99% lost 21 trillion. And in 2026, the wealth gap is huge. It is over. I know it. I know it because I think from the perspective of the winning class. I know the more I win, the better I do, the worse every one else does. Thats how it works now. Once you make it, you know thats how this works.
>>62395007> Hard times come and go,Not in the k shaped economy.
>>62395021You don’t know bby, that’s why you’re so scared.Each crisis was the biggest of its time, no?
>>62395026This isn’t a crisis. This is how the world works. Hey, you can be optimistic. But I know the rich get richer and for that to happen in post K shaped economy, the majority keeps doing worse and worse.
>>62395047If you keep it up you’ll never be happy.I never lived in a world where the rich didn’t get richer and poor didn’t get poorer. Do you know when that phrase even started?
>>62391408>Thanks blackrock shills. I'll just rent an $1800 apartment for the rest of my life instead.here you go bro ssuming a $300,000 home with 20% down ($60,000), a $2,500/month mortgage, 1% annual property tax, and 4.8% annual home appreciation, the homeowner builds approximately $310,000 of net equity after 10 years. Alternatively, if you rent for $1,800/month and invest both the $60,000 down payment and the monthly savings ($700 mortgage difference plus property tax savings) into a broad stock index fund earning 10% annually, the investment account grows to approximately $364,000 after 10 years. Under these assumptions, renting and investing produces about $54,000 more net worth than buying.After 10 Years Buy House Rent + InvestStarting Capital $60,000 down payment $60,000 investedMonthly Housing Cost $2,500 mortgage + property tax $1,800 rentMonthly Amount Invested $0 ~$1,021Final Home Equity / Investment Value $310,000 $364,000Difference — +$54,000Winner: Rent + Invest by approximately $54,000 over 10 years. This still excludes maintenance, insurance, closing costs, and selling costs, which would generally make the ownership side less favorable financially.
>>62395064oops forgot rent goes up but lets do it for 30 years now SummaryEven with rent increasing 5% every year, the stock market's assumed 10% return is powerful enough that renting and investing still comes out ahead under these assumptions.After 30 Years Buy House Rent + InvestFinal Asset Value $1.22M home equity $1.55M investment portfolioDifference — +$330k
>>62395052Not in modern times. With all this printed money in 2020 is just one aspect. 21 trillion going go 1% is crazy.
>>62391602The strong survive in any system. OP is probably some actually high iq kid (as opposed to a dunning-kruger midwit who only thinks he is smart but has nothing to show for it) who was destined to be part of the 10%. The job of a society is however to help all of it’s members, not just cater to the best ones.
>>62392407Kek why did americans latch into this cope so desperately? I visited USA two years ago and it just made me realise how much better EU is these days and how i had just beem shown american propaganda my whole life.
>>62395068You’re missing the point, bby-kun.I hope you keep talking about these issues though, but really i hope you find a way to stop being a doomer. The system is fucked up, but you’re better off thinking about how to subvert it than laying down dead. Lol you’re this much of a doomer yet still telling people to play exactly how they want us to play? > they’re saying we’ll own nothing!> don’t buy a house, you don’t have enough made up dollerydoos on paper!See how silly that sounds?
>>62395075> american propagandaAnswered your own question lol
Europoor cope.
>>62391175>Zoomer demoralization online always told me I would never own a home and should just spend all my money on clothes and doordash. This is the first time I actually looked at mortgages and it doesn't even seem that bad.report back in 80 years. Others can learn from you.
>>62394986>Things will get worse and worse which they are until the breaking point.thats true, but hes still right & you cant see it. Long after your world ends, bee anon will endure.Traditional advice is 'dont enlist'. You are running head first at a losing fight.> If you’re owner class, it is all good but everyone is fucked.One day, maybe in the distant future, the 'owner class' will have their heads cut off & all will be well again. Until that day keep on truckin.>>62394991You talk like someone who ingests a lot of media.Yet you have to know the media isnt trustworthy.Your solutions arent there.
>>62395260>he thinks the (((media))) is talking about Jews ethnically cleansing white Europeans
>>62395260> One day, maybe in the distant future, the 'owner class' will have their heads cut off & all will be well again.You would be a loser in any system
>>62395260I just know the owner class keeps doing better while everyone else does worse. What are you even arguing against or defending
>>62395281YouTube, Instagram, and tt count as media now >>62395286They’re arguing against your doomerism. That’s it
>>62395511>doomerismThe rich don’t get richer without the poors getting poorer. In 2026, there have been so many new things that have made the rich gain wealth faster and faster leaving the wealth gap bigger and bigger. Each day in the macro, there are real headlines that widen this gap.
>>62391175If you weren't part of the top 10% in 2025, you're lower class
