>house interest rates hit 7.43% for a 30 year period>that means you will pay $1.4 million for a 500k house>could put that money in the stock market and easy beat thatWhat’s so bad about being a rentoid again? Why do people shill home ownership still?
>haha let me give my money to some Jewish landlord Holy cope
>>62745494The first thing this will do is collapse the current asking price of new sales.
>>62745501>Two more weeks
>>62745499>haha let me give my money to a jewish bank +interest that is more than the loan amount itself then pay property taxes that go to SNAP EBT for fat browns and medicaid for when they give themselves diabetes from my tax-paid goyslop benefits they all geti rent, i invest, when i retire i plan to buyba modest house cash so as to not pay the banks interest on a mortgage
UNDERSTAND: “ Just buy real estate bro” was indoctrinated in boomers minds during a time period in US History where stocks went up on average 5% a year, if they event went up (far less than real estate appreciation) so “smart” boomers put their money in real estateFrom 2006-2026 the stock market became the better return on investment, far outpacing real estateNow that we live in a non zero rate environment for the first time in 50 years alongside structural inflation, NEITHER real estate or stocks will significantly outperform. Boomers has all the fun and they say fuck you as they walk to their coffins
>>62745501Will not happen, people with 2-5% mortgages won’t sell so prices will stay high while volume collapses. Moving multiple times in your life is a historical aberration, we’re going to see a rise in multigenerational living as the US gets poorer.
>>62745536TRVKE Shit will not drop in price any time soon
