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What drives a man to spend $700k on something that's only worth $50k?
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>>522069848
Number only go up
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jews
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>>522069848
A retarded greedy parasite will
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>>522069848
There's always equality he can draw off of.
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passive income "grindset" real estate speculation is sociopathic jewish crime
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>>522069848
That house is not worth $1.7 million anywhere in America. 1200 SF above-grade at best. seriously what is this post?

>t. cert residential appraiser
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>>522069848
He'll never sell with a utility cone in the yard. baka.
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Faggot is just greedy
He could sell it today for $1.1 million
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>>522069848
If the market has no buyers then it's not worth the price.
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>>522069848
1.7million for a cardboxhut, he certainly isnt trying to grift.
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>>522070066
>what are land values being ballooned up via surrounding development
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>>522069848
it's worth what others are willing to pay not whatever jewish number you dreamed up
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>>522069848
Just take out a mortgage for max value then walk away.
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>>522070093
what is 1.1 million about that shed?
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>>522069848
pic rel
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>>522070064
this

>>522070102
and this. he's just not willing to lower the price even though markets are trending down
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>>522069848
lmfao imagine thinking that is 1.7 million. should be 400k
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>>522069848
>its worth 1.7m but noone will/can buy it
then its not worth 1.7m, what a fucking kike
tkd
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>>522070148
this is some planned unit development in suburbia, they’re not putting 200 unit buildings or skyscrapers next to this thing, it’s not even a luxury home. What is he basing his current value on? Zillow? Did he get an appraisal? Did he pull it out of his asshole (yes)?

this is a jeet post
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>>522069848
The way I see it, you don't have the million until you actually have the million.
All he has is an idea. The house isn't an idea, it's material, and imo homes shouldn't be traded in money.
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>amerifat pay 1.7mil for a house made from shit and sticks by mexicans that will get blown away by some wind only to see niggers daily

Grim.
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how does he know the price if nobody is willing to pay it? This nigger is high on his own fumes
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>>522070252
and still
somehow
THEY ARE FUCKING EVERYWHERE IN HIGH POSITIONS OF POWER
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>>522069848
yes a jew can tell you its worth x but you decide hat you sell it at. he was told it and believes it and now nobody wants it.
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>>522069848
>brownoid pretends not to understand how desirable limited resources like land work
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>>522070200
Retards built all three levels without installing any sheathing on the outside
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>>522069848
>its worth 1.7 million

>nobody can afford it

Do these people... like truly not understand the things they say?
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>>522069848
>this loaf of bread is worth $100 but no one is buying it
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>>522069848
Who will tell.him that its a 400k house.
Even today.
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>>522069848
Who told him that cottage is worth 1.7M? Zillow? If it's not located near extremely high-paying jobs, it's worth jack-shit.
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>>522069848
how is it worth 1.7 million if no one can afford to buy it? Sounds like the valuation is fucked up.
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it's a meme account
pol posters aren't sending their best..
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>>522069848
>700k for around 1000 sq.ft.
Shouldn't have sold for a penny above 225k.
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>>522070446
We need more low ball memes. Lowballing facebook market place is hilarious
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>>522069848
To get away from black people.
/thread
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>>522069848
if no one can afford to buy it then it's not worth 1.7m
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>>522070200
Americans are indians when it comes to building houses.
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>>522070102
But Zillow said!
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>>522070482
his second post isn't wrong
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>>522069848
Cycles. The majority are 'in tune' with a cycle. Problems occur for the majority when the cycle becomes destructive. Then they get destroyed. Happening now.
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>>522070072
>Foid: "They would rather jack off to some robot than deal with a real woman, you know why?"
me: "Because it's easier"
>Foid: "Because it's easier"
she nailed it, but I have an extremely hard time believing that she can't find "one normal guy". Probably by that she means, 6'2" and makes 100k/year.
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>>522070482
there it is
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>>522069848
It's not the house that isn't worth 700k. It's the 700k isn't worth 700k.
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My wife and I own our 500k house. We have about 100k a year to invest in real estate, traditional markets, or something else now. What do to be wealthy? We only want our kids to not be slaves to Jews someday
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This guy is a troll retards jesus christ take one second out of your pathetic NEET lives and verify shit
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>>522069848
living in the white neighborhood is gonna cost you a premium anon. kinda the price of doing business these days.
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>>522069848
I will need to see how tiny is the hat of the person who told him his property it's now valued over $1M, it's ridiculous how people can just randomly generate a number and expect others to play along, like with the stupid pokemon cards, you put it in some plastic thing and they say it costs now $5000, and no one will ever pay that for it, it's just an imaginary number and people really think they are making money by collecting them.
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>>522070306
>should be 40k
ftfy
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>>522070360
>only to see niggers daily
It's 1.7 million BECAUSE you don't have to see niggers every day.
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>>522070102
That's how it should be. Also if demand is so high, there should be more development.
But it's complicated when you can never know when or if the banks will create the money to loan to people to keep bidding up the prices.
Since people need housing you might think that eventually they're going to crack and pay up whatever is necessary. But people are just giving up. Living in tiny apartments, basements, or shared housing. When they should be having children at this point in their lives.
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>>522070694
I would also add we have no debt of any kind. Please help me not fuck this up frens.
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>>522070482
Glad to see someone who doesn't automatically believe everything they read, good for you anon.
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>>522070066
probably some jeet account based in india
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>>522069848
>buys speculative property
>mad when the speculation was wrong
Sucks to suck
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>>522070810
Only if you don't leave the said house
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i hate these tiny houses cosplaying as fuckhuge with a giant fugly garage out the entire front
not fooling me
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>>522070066
If you are really a certified residential appraiser, please answer these questions, if you would. Under normal circumstances, no one would broach the subject irl.
How do you factor predominantly black areas, into your appraisals, without being charged with " racism "?
Do buyers tell you that number of blacks in an area is an important factor on whether they will buy or not, and how to you navigate this?
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>>522070200
>just off screen
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>>522070102
SHHHH my bitcoin is worth 100k dingus
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>>522070066
about 300 of that square-footage is the garage
truly fascinating are the retards of our times
>>
There is no way in hell that house is over 120K
America collapsing under the weight of its own greed.
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>>522069848
>What drives a man
Pussy.
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>>522069848
>it's worth $1.7 million but no one is buying
well, maybe it isn't worth $1.7m then
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>>522069848
>It's worth sooooo much but I can't sell it!
If you can't sell it at that price, then it's obviously not worth that price. Faggot.
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>>522070847
stop investing in real estate for a start. everyone does that and its why nobody can afford a house. preserve wealth in precious metals and some low yield secure funds. maybe bonds.
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>>522070446
that house is about 5K tops in land, and 50K tops of building materials, maybe 50K of labor and that's pushing it, everything else is just jewish grifting
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>>522070847
You become the bank. Start loaning out money to local businesses
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>>522070072
>>
>>522071117
From my understanding over the past 100 years, bonds have had a higher yield than inflation like 4 of those years. So I’m going to disregard your opinion there street shitter. We do own about 100k worth of silver currently though.
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>>522069848
>its worth x amount even if no one is willing to pay that much
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>>522071130
ok zoomer
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>>522069848
then it's not really worth $1.7m
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>>522069848
Then it isn't worth $1.7 million. Things are only worth what people are willing to pay.
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>>522070011
>equality
Retard
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>>522070694
S&P500 or Gold
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>>522071189
How does a private person Loan a business money? How would I pick a business? How would I protect myself if they don’t pay?
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>>522070544
its true
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>>522071346
We own like 500k in index funds and about 100k in silver. What else? Or just double down on those and add gold?
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>>522070810
This nigger is from Estonia he doesn't understand how large America is. Estonia is like the size of Wisconsin.

Some neighborhoods (not the suburban wasteland in OP) in the US are nearly nigger-free and walkable and awesome, and compare favorably to any European city. Like in the PNW and other West Coast cities. In those places a 1200sq ft single family house with a yard and a garage could easily go for 1 million plus.
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>>522069848
>Prices peak
>Prices start to go down because demand shrivels up because who the hell wants to drop a mil on a shitbox
>"What? Lower asking price? Hell no, the taking head said my house was worth a million dollars once, so that's how much it should be worth forever!"
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>>522069999
sir i wil check these digits please do the needful
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>>522071349
I dont know the actual logistics of it but you won't get rich playing the traditional game. Venture capitalism and private lending is the play, the real estate and stock/bond game, thats your new savings account, not passive income
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>>522071418
yes
we are in end-stage capitalism, where money printer will permanently go brrr
the actual smart non-cucked thing would be to have another child, so you have less chances of ending up smothered by somalians in a nursing home when you are old
>>
I'm curious on how people can afford these properties. Is everyone in the US making 6 figures?
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>>522070588
Me too but they are special elephant toenail covers to keep their feet safe while they squish me for being so stupid.
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I value it at 1488 billion (noone can buy it btw)
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>>522071594
We are shitting out kids. 2 boys and another boy due in February. I think 5 kids would ensure we can defend our house against packs of niggers effectively in 15 years.
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>>522069848
It's 'worth' 1.7m so they can charge you more tax. Jews being jewed
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>>522071494
You need to go 50 years into mortgage denbts not to see niggers in your neighbourhood while dealing with crazy Karens and HOA.
I do it in my country for free, at any time.
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>>522069848
If nobody will buy it at 1.7M, then it's not worth 1.7M.
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>>522071418
You're heavily exposed to the stock market. I'd take half of that and buy a rental property.
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>>522069848
legal tender and fiat are very powerful negotiable instruments useful for enslaving and mortgaging all the piked heads
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>>522069848
How is that piece of shit worth 1.7 million? I thought the housing market was bad here but at least ours are made of actual bricks.
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>>522071758
keep up the good work, anon
raise them well and they will have your back
teach them literacy, numeracy and gun safety, and to watch out for pack animals, and you will have recouped your investment 100-fold
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>>522069848

>t. cert residential appraiser
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>>522071238
still, the point with bonds is that they are better than nothing while being basically risk free. 100K in silver seems a lot. is that physical? still, you wont be hurting by having that much.
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>>522071946
because valuing things based on what they are worth, resources & labor, is antisemitic
do you even have a loicense to question this?
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>>522070093
the traffic cone in the unestablished sod is worth the extra 600 grand
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>>522070942
if you keep everything objective no one can accuse you of anything

if a house is in a black neighborhood, you just pick houses in that neighborhood that best represent the house.

where appraisers get into trouble is working in black neighborhoods and then picking comps from OTHER black neighborhoods which are farther than other local whiter markets

best thing to do is throw in some white comps if you need to from a neighboring market, and then what’s called a market location adjustment where you subtract the median difference between the neighborhoods for those comps
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Homes like that are only above a million in places like San Jose/Silicon Valley. Just googled homes there this one is 1.1

Because it’s California and there are no nigs in Silicon Valley and it’s California…. Though the housing market is so fucked that is probably 1.7 outside of Indianapolis or something
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>>522071804
Dude I'm telling your view of America is childishly simplistic. There is every type of neighborhood here.

Damn Estonia you talk a lot of shit for a country most likely to be begging for our help in the next world war.
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>>522069848
Its a combination of flooding the country with illegals and BlackRock buying up all the houses. Its completely inorganic and international to creat a nation of forever renters. You will own nothing goy and you will give away all of your shekels!
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>>522071418
>just double down on those and add gold?
definitely some gold. just watch for dips. nor sure if its ever going down much again. maybe a good thing would be to buy property for your kids and rent it out until they are old enough to need it.....though dealing with renters can be a fucking nightmare. being able to hand them a property would instantly erase the main cause of becoming the kind of slave you're talking about.
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>>522070962
Usually square footage of a home is based on how much of it is heated/cooled. You don't get to count garage space or unfinished attic space, for instance.
>>522070942
As a home buyer, you generally don't interface with the appraiser. You interface with a realtor. The appraiser is paid by the bank to validate the house is worth what the buyer asking them to loan.

More directly, any realtor I've ever talked to - they know the score. You can specify you're looking for "good schools" and a "safe neighborhood" which everybody knows means no nigger zone.

Still, you need to do your own research and see what the schools are like, demographics, crime maps, and you need to go drive by and/or sit on a nearby street corner for an hour or two on a Saturday night to see if you get random niggers walking by smoking crack, the house next door throwing a house party, nigger bass blasting out of every car, police sirens, etc.
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>>522071981
in France?

I’m one in Colorado small world
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>>522069848
>I CANT UNLOCK MY HECKIN PROFITERINOS!!!!!

what a faggot
>>
Why the fuck do people still even come to America at all?
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>>522070011
>equality
yeah you wish nigger.
>equity*
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>>522071349
Just have a lawyer draft you up loan docs and record the mortgage. Anyone can lend anyone money.
My "bank" is just some jew who gives construction loans out of his self-directed Roth IRA
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>>522069848
Chase passive income is a parody account and every retard here falls for it kek
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California destroyed the housing market. It’s the only place in America where you can justify overpriced housing. The problem is that every Midwest dipshit doesn’t understand the value of location and thinks their 2000 square foot slave quarters should be 5 million too
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>>522069848
>I have 1 million in profit I cant unlock
Then you dont have it goy. The jew who sold it to you for 700k has profit.
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>>522070093
In his mind he'd be making a 600k loss by accepting that deal so he'll never do it. Some people can't figure out the difference between realized and unrealized gains
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>>522070066

https://www.realtor.com/realestateandhomes-detail/20110-Globe-Dr_Lakeville_MN_55044_M99843-34502

it's not 1.7 million, but the point is that it shouldn't be 632k + 190/mo HOA for a fucking 2 bedroom home 30 minutes outside of town
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>>522072331
Jesus lives here
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>>522072177
>there are no nigs in Silicon Valley

you get spics which are just as dumb and murderous
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>>522069848
The IRS want to be able to tax "unrealized income," by the way.
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>>522070093
>>522070200
I know the house is shit but he is right. Depending on the location in America, he could sell a house like that for a million.
Lots of home buyers are stupid and just want big bedrooms and an ugly kitchen with shiny countertops. They have no sense for quality.
There is no world where that house is worth 1.7 mil tho. Maybe if it was in the Hamptons or something.
>>
he says it's worth 1.7 million. but no one will buy it. thus it is not worth 1.7 million.
things are only worth as much as someone will pay for them.
>>
>hur durr if I ask for 1 million dollars and no one can afford it then IT MUST BE that it isnt worth 1 million dollars.

i am not even talking about this house specifically.

So why do people even work if given enough time, everything will cost 0 dollars? what a room temp take.


>>522072890
no you dumb fucking communist dog
>>
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>>522072750
It’s like the northeast there are designated taco areas. People that grew up poor don’t understand minorities are priced out of certain areas.
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>>522070148
>what are land values being ballooned up via surrounding development
Take a look at the picture its in Bumfuck farmland
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>>522069848
lol about the idea it's worth 1.7 million when no one subjectively agrees.
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>>522069848
It isn't said enough how these house flippers are real scummy pieces of shit. Especially the ones that basically buy up real crappy properties, touch it up a bit and then massively inflating the price. That's not even getting into who knows what hidden problems are behind the shiny paint they've slopped over it all.
>>
>>522070694
If you mean you have $100k in disposable income to invest then you basically have 2 options:
1. You do the regular normie investing in medium risk real estate plays, 401K, IRA, ETFs and index funds, all that and just stash away a retirement
2. You spread risk to preserve your wealth while swinging for a home run: allocate 75% to 90% of your investment cash to low risk investments like cash real estate, TIPS, short term bond funds, very broad and cheap index funds, REITs, etc. and allocate 25% to 10% to high risk high payoff investments like growth equity, IPOs, early BioTech stock, angel investments esp. technology, cryptocurrencies, and rare market commodities and assets like art, collectivities, etc.
>>
>>522069999
>>522073102
>>522072314
>>522071494
NOOOO COMMIES BLACKROCK NEEDS TO OWN THESE HOUSES OR ELSE YOUR A COMMIIIIIIIIIIIIIEEEEEEEE!!!!!!!
>>
>>522072938
Cool reddit spacing. It really made it easier for me to read your emotional seething that provides no rational counter-argument.
>>
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>>522069848
>>522069962
FPBP, humans have become delusional when it comes to "value" and don't seem understand supply and demand determine value -- not human's desire for number go up.

>>522069999
>>522070064
Checked and you know in all over uses of the word "passive" means "lazy"... but somehow we've developed this culture and telling everyone to work harder so certain people don't have to work at all and just have money/value handed to them because they put their name on something.

That's what I mean here... a new concept is dawning on me that doesn't get economically considered.

That humans are, by nature, DECEITFUL. The prices and value of things... it's not determined by some nature force. It's determined by humans. The seller of something will always OVER VALUE what they have trying to get more out of the other human. The real estate market is proof of this. They're not creating value, that's over-exaggerating value and hoping someone falls for this deceit.

>>522070102
>>522070271
Yeah exactly. But the current crop of living humans is too deceitful to concede on this. Number must go up. He must "UNLOCK" millions of dollars because that's BIG NUMBER.

Leo DiCaprio just sold some of his homes because he knocked literal millions off the price. Dude just wanted to unload some of the real estate he wasn't using. He obviously didn't need the biggest gain he could get and just made sure he got some gain at all.... it's amazing how humans don't get this.

It's amazing how humans who think they will get 1.1 mil won't just take 500k and in the end, wind up with $0.
>>
>>522073144
Yes after all expenses we have about 100k a year to invest.

Thanks for actual good advise. I like an 95/15 hybrid where we gamble on home runs. Currently we max out employer 401ks, then max out back door Roth IRAs, then invest in index funds. But I could ease up on the index funds and start betting on IPOs and shit coins.
>>
>>522069848
If you think a house is only 50k go buy a plot and try to build one with that budget.
>>
>>522069848
I think he’s flexing, since most people don’t really openly talk about their wealth or assets like that with strangers, that and this is a subtle advertising effort
Anyways, the price is probably due to the location
>>
>>522069848
>it’s now worth $1.7 million
It’s worth whatever people will pay for it. If nobody will buy it for $1.7 million then it’s not worth $1.7 million.
>>
>>522073495
>It's amazing how humans who think they will get 1.1 mil won't just take 500k and in the end, wind up with $0.
because they entered into the market with wrong expectations of making huge gains. with most houses, excluding the kind of places that the rich and famous buy and sell, its just wrong. its fucking so many people over.
>>
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>>522072972
>just live in the white areas!

kek
>>
>>522069848
A noise polluted apartment building populated by niggers that makes you feel uneasy at all times. Wouldn't/didn't pay that, though.
>>
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>>522069848
Anyone who could afford those insane prices bought in 2020-22. That was it. Those were the only people who were ever going to pay that much. I don't know what these idiots thought was going to happen when you maniacally jack the prices of every piece of property across-the-board in the entire country up x3-4 what it was a few years' earlier. It doesn't even matter if they drop the prices now, they're so absurdly high that it's irrelevant to the average prospective homebuyer. $60,000 off a $600,000 house is still over half a million dollars for something that was $150k 10 years ago.

No one is paying off your 2020 panic buy, passive income people. No one can afford to. You're just going to have to eat the loss.
>>
>>522069962
>more zero more good
>>
>>522069848
>it's worth more than people are willing to pay
Then it's not worth that much, retard. This NPC thinks things are just "worth" whatever some real estate jew says they are.
>>
>>522069848

If the people putting a valuation on your property wont buy it at the price its claimed to be worth then its not worth it.
Again, if the people putting a valuation on your home wont buy it at the price they claim its worth then its worthless.
These inflated valuations are just part of a coming financial bomb thats going to really show people what their homes are really worth. A neighborhood of 100k homes valued at 700k is just what the tax man has been waiting for.
>>
>>522069848
>2br
>1br
>garage that can barely fit 1 car
>.1 acre lot
1.7 million plus a 6% tip.
>>
>>522069848
>worth 1.7m
>I KNOW WHAT I GOT! REEEE
>nobody will buy it at that price
then its not worth 1.7m
fucking retard
>>
>>522074282
People are stuck on whatever someone told them in 2022 and don't have the business acumen to realize they bought extremely high and are now trying to still sell high after everyone else ran out of money. "Real estate investors" are one step above cryptofags who cry when you won't buy their bags.
>>
lol yall got baited by a shitter post fuck me dude
>>
>>522070200
>$100k Builder's "work truck" in the foreground
>absolute shitbox of solely 2x4 construction collapses during 35mph wind and rain

Poetic as fuck.
>>
>>522069848
>worth $1.7
Obviously not.
Worth is what someone is willing to pay for it not some Jewish appraisal.
>>
>>522074472
>then its not worth 1.7m
Exactly.
The problem is that CNBC and Bloomberg has drilled into every fucking retard that "No Bids" are solely "Liquidity Events" and NOT much needed price corrections..
>>
>>522074683
What do you even come here to do nowadays? People like you who endlessly point shit like this out and yet continue to stay here day after day fascinate me.
>>
>>522069848
Where do we find out he can't get 700k for it either. He was the dipshit that actually took the bait.
>>
The same fucking thing happened in china. These retards think the easy money cheats will last forever when they get in on it very late in the game.
>>
>>522069848
Is he retarded?
Like is he actually able to even feed himself?
This is how you make people turn communist, when somehow a fucker who can't explain the basic functions of markets is holding more capital and resources than the average person ever will.
You got to unrig the game if you want people to play.
>>
>>522069848
>$700k
Yeah, that's a fake and gay demoralization account.
t. realtor
>>
>>522070200
It's actually terrifying that outside boards are what holds the structure together. A small shed I guess it's not that bad. But for a large two-story structure like this it's down right negligent.
>>
>>522072938
anyone can say anything is worth any amount. but if no one will pay it, is it really worth that?
take your crusty, used buttplug as an example. you say it's worth six million dollars but nobody's buying it. is it the world's fault for not sharing your refined views on buttplugs? or are you just a retarded faggot?
>>
>>522069848
If no-one will buy it, it's not worth $1.7m.
>>
>>522074858
this is way we need to tax the shit out of these people who own multiple homes.
there should be a 50% tax each year on second homes, 75% on third home, and 100% on all other homes.
if he says his home is worth 1.7m, every year he should be taxed 850k, if he isn't living in it 10 months out of the year.
>>
>>522069848
5000sqft lot with a 1300sqft house for 700k? where in the fuck this cannot be real.
>>
Just mark it down 10-15%, take the money and run while you can. Things aren’t going to get better any time soon. These new houses like this are shit anyway. The build quality is laughably pathetic.
>>
>>522069848
My house is a 3 bedroom, 2 bath 2 story on 5 acres built in 1992, rural S.E. Kentucky. Paid $41k in 2016. Was so cheap cause the geriatric owner died in hospice and his daughter lived out of state, wanted to unload it quick. Current zillow valued at $475k. No way. I'll ever sale it. But frequently have realty outfits calling me offering to buy it cash up front, etc. My nearest neighbors 2 miles down the road and the only noise besides birds, etc is the occasional commercial jet flying overhead. Consider myself extremely lucky to score this place as cheap as I did. Crazy that small 2 bedroom suburban shit boxes are going for 1 million.
>>
>>522075608
>Just mark it down 10-15%
Everything got jacked up 300% for half a decade so this doesn't even do anything anymore.
>>
>>522070850
If anything, I've been trained to believe absolutely nothing I read here.
>>
>>522069848
its only worth what you can sell it for? As I like to say.
:3
Q. What is "equity"
A fancy way of just saying:
>Equity is just the difference between what your house is said to be worth and what you still owe. If a house “worth” $1.7M still has a $400k mortgage,(because he paid off 300k) the owner has $1.3M in equity , on paper. But if no one can actually afford to buy it, then it’s not really worth $1.7M, and that equity isn’t usable. It’s basically pretend money until someone pays that price or a bank lets you borrow against it. Equity rises and falls with the real market, not the fantasy number.

I love ChatGPT<3
>One-sentence summary

>Equity is pretend money until someone actually buys the house or the bank agrees to loan against it.
>>
>>522075564
>need to tax the shit out of these people who own multiple homes
Agreed, via Capital Gains.
The problem is that every one of these Grifters operates like Epstein now, and pays themselves out of a Trust, or the Trust owns the Asset...

Private Eqquity should be flatout BANNED from all residential property purchase, but they'll take it to the Supreme Court....
bastards
>>
>>522069848
>noooooo the housing market told me it's worth $35000000 I can only sell for $70000000 why won't anyone buy for $100000000 this is absurd
>>
>>522069848
It's not worth $1.7 million if no one is willing to pay that for it. It's only worth whatever someone in the market will pay for it, same as everything else.
>>
>>522070482
Its the idea that matters not the messenger. no one is actually thinking of buying the actual house, Inspector Cousteau!
>>
>>522069848
10/10 goy box. Would buy with a 50 year mortgage.
>>
>>522069848
>all these retards replying to a troll OP
Chase Passive Income is a guy who claims to make millions a year from soda vending machines spiked with laxatives next to toilets that charge $25 a flush
>>
>>522072456
It took a ridiculous amount of scrolling to find someone who knew this was a parody account.
This place has fucking fallen.
I'm going to go check on my toll booth and vending machines.
>>
>>522069848
>garage is bigger than the living area

was someone drunk when they built this?
>>
>>522069848
>it's now worth $1.7 million, but no one can afford to buy it
This retard doesn't know how economics works.
>>
>>522076736
possibly designed by a man who would rather have a bigger garage for his vehicle and hobbies, than a tea room for his wifes doily collection
>>
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>>522069848
That house is in Katy, TX. An area overrun with jeets, mudslimes and ex-child soldiers from Africa now working for their uncle's multibillion dollar oil company and the companys own the houses and will rotate workers (various family members) in and out of the house over the years. I know this because im a landscape company owner that lives southwest of here and had to sue the owner of several properties here because they racked up a bill on their tenants houses.
>>
>>522073372
>nonsequitur bot reply
retrain your model, ranjeet
>>
>>522070404
Somebody please tell me the structure is actually supposed to be braced in such a way that it can stand on it's own. That it doesn't really depend on the outside paneling to hold it together. Otherwise i'm gonna lose all faith in burger construction.
>>
>>522069848
>Now it's worth 1.7 mil
>But nobody will buy it
That means it's not worth 1.7 mil, retard.
>>
>>522070200
this was staged for a movie
>>
>>522069848
kek baggie
>>
>>522069848
That looks like one of those 350K cookie cutters in northwest Florida and southern Alabama. No way could it be marketed at that price.
>>
>>522069848
You dont have shit nigger god I fucking hate real estate fags just burn it all down
>>
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>>522069848
If nobody can afford it, it's not worth that much
>>
>>522069848
>Profit that I can't unlock
Hoo boy, nobody tell him about crypto.
>>
>>522077010
Its in lakeville retard, why do /pol/tards try to act knowing something that they dont know?
>>
>>522071594
>in a nursing home when you are old

Pay fat stacks to "exist" in an old people warehouse. I keep telling myself that I'll end it before that point, but talk is cheap.
>>
>>522071804

Do u like Ari matti
>>
>>522070072
>uuuhmmm men and women are equal
>okay sure
>women still act like retarded children but want the same rights as men
Greetings from Kazakhstan.
>>
>>522069848
What makes it worth only 50k?
>>
>>522070584
Also looks like Henry Cavill and is ok with getting cucked
>>
>>522072042
Yes physical. Guarded by my Jew hating German shepherd and my wife and i sleeping with guns
>>
>>522069848
>>522070482
oh shit I thought I was just misunderstanding what he meant lmao ty.
I make $30k an hour btw
>>
>>522070072
reminder that when females talk about "men" they are only referring to the top 20% of chads. all other males are invisible at best to them.
>>
>>522070066
it's a parody account, Donna
>>
>>522069848
>that no one can afford to buy
thats the fucking insane part. when the prices first shot through the roof I put my house on the market just to see what would happen. I listed it initially at 95% of what the realtors said it would sell for. I then lowered the price in increments of 5% until it was listed at 80% of what they said it was worth. original value (prior to the insanity) was 60%. so instead of wasting any further time I simply assumed that the price it would sell for that 60% number, which is in my opinion the realistic fair value of the house.

It seems to me that the entirety of the market is floating on the jewish premise of "theres probably a big enough sucker to pay this price", values be damned
>>
>>522069962
>Number only go up

This was the thinking that led to the 2008 housing crash
>>
>>522069848
That's a parody account. Congrats he played you.
>>
Lower the price, kike. Supply and demand.
>>
>>522077161
the way they build now is "engineered" (basically ikea structure, no actual engineering is put into the structure just the components). if that building was made of at least 2x6's and had some actual structural members it would have stood just fine, but these shits are designed as cheaply as possible and built by spics who have zero concept of fucking anything related to building integrity, or simply integrity.
>>
>>522077161
Compression and extension braces are lost technology on american jobsites. It's either reinforced concrete or bullshit like this. There is no middle ground. People are retarded.
>>
>>522069848
Kek.
Maybe it's not WORTH that much, Shlomo.
>>
>>522082526
that was 2x8s on the exterior, the problem is that all the boards were vertical with no diagonal braces holding the walls square. plywood is installed because it adds the rigidity to the walls for lateral forces. the scam is that modern "engineering" talks about the strength of the "assembly" rather than the strength of the structure. same shit with interior walls made out of light gauge steel, they suck until you put the drywall on and that gives the wall its rigidity as an "assembly". it's all bullshit and im building my own house because i see this dumb shit every day (i build nice houses, concrete block construction with lots of steel and solid pour concrete).
>>
>>522069848
>buy a house for 700k
>wait a few years
>claim that it's worth 1.7 million
>"Oy vey, I need to make back my initial 700k investment, AND make 1 million in profit, but the goyim are too poor. Woe is me!"
Disgusting.
>>
>>522072102
Gotta stay safe.
>>
THIS IS A PARODY ACCOUNT YOU FUCKING RETARDED NU/POL/ NIGGERS
>>
>>522070066
You must suck at your job
>>
>>522069848
>it's worth 1.7 million , but nobody can afford it
It's not worth 1.7 million. Total boomer death.
>>
>>522070066
>>522083765
>>
did he find oil under the house or hwat
>>
>>522083752
It might as well be real. Boomers think like this. Nick rochefort has talked about it. They refuse to lower the price of their house even when nobody is interested in buying it for years.
>>
>>522070390
notable examples in serbia?
i know it's something like 0.1% in russia and 80% billionaires
>>
>>522069848
1pbtid memeflag
>>
>>522084183
>nooo you have to post with your fed flag
>>
>>522069848
Perhaps it's not actually worth that since nobody is willing to buy it? Would they just lie and make numbers up? Who dies that??
>>
>>522082526
>>522082566
Grim.
>>
>>522084005
The point is if no one wants to buy something or has the money to buy it, your property is worth $0 because it's just sitting there.
Sometimes you can overprice something from a sense of entitlement. Sometimes the whole nation can be experiencing that entitlement and it could be fucking everything up.
When things get too inflated due to artificial market increases, then no one can reach them and those ballooned prices simply float away.
Wooooosh, there goes the housing balloon, say good-bye!
>>
>>522070200
Temu insta-house.
Just play the video in reverse....
>>
>>522070200
angry birds house
>>
>>522069848
If nobody is buying at 1.7M then it's not worth that. It's basic economics.
>>
>>522084615
you think like a nigger does
no concept of tomorrow
something is only worth what i can sell it for right now this moment
you are the type of person that calls those "we buy houses for cash!" ads when he wants to sell
happy with pennies on the dollar because it means the process wont take a month or two

a nigger, a debt slave, someone born to be poor forever
>>
>>522069848
>it's worth
lmao
>>
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>>522084139
this is the (((epidemiologist))) that dictated everything during kungflu
>>
>>522069848
It's now worth 1.7 but I can't sell it???
Then it's not worth that
>>
>>522085007

All your seething and crying falls on deaf ears. The noticing will continue.
>>
>>522084638
>>
>>522085250
lol
we have like 3k and same
>>
>>522070482

The inflated home prices, interest rates, valuations and people currently trying to profit from them... isnt.
>>
>>522069848
>>522070200
Yanks and their tipping culture
>>
>>522070102
correct, but he's one of those "I know what I got" boomoids. it will prob still be on the market until he dies
>>
>>522069848
>It's worth 1.7
>No one is buying
Do these idiots hear themselves?
>>
How is it worth something nobody is willing or able to spend?
>>
>>522069848

>1PBTID

The twitter screenshot is a parody account

/thread
>>
>>522069848
>What drives a man to spend $700k on something that's only worth $50k?
Because the price tag says so.
And that's the bottom line.
Because... umm ... I gues... well... because things.
>>
>>522069848
>worth 1.7m
>no buyers at that price
um that's now how it works.
>>
how to solve the "housing crisis".....

um. well, there's like bagillions of acres of raw land just "sitting there" how bout you "freedom to persue happiness" assholes let people go build there own damn house where ever the fuck they want wihtout "permits"

"how is it that you came to "own this land" well I bought from "this guy"....where'd he get it? uh I guess he inherited it from his dad, where'd he get it? and so on....what a fucking joke....these "government fags" literally take 7000 thousand dollars worth of 2x4's , some wire, pipe and sheet rock and turn it into a tax scam that bazically ends up putting people on the street....its all fake and gay antiseptic listerine
>>
>>522069848
I hope everyone gets wrecked for not staunchly defending affordable housing, fiscal responsibility and preserving family economics.
>>
>>522087193
how can you do that when ur using shecklesteinchilds money system
>>
>>522070200
>1.1 million
+ tip
>>
>>522069848
Learned delusions.
>>
>>522069848
>its only worth 50k
ok build houses for 50k and sell them for 700k bro
>>
>>522070072
Mein Gott she's right
Why the fuck would I date today's 'ordinary' woman.. ie a double-digit stacking whore
>>
>>522069848
The hope is having some unwitting fool will buy it for more.
>>
>>522069848
>Bought a banana for 20 cents in 2021
>It's now worth $100 billion and 20 cents, but no one can afford to buy it
>I have $100 billion in profit that I can't unlock...
>>
>>522086933
There is no housing crisis, there is just blackrock blackstone type of horseshitters who buy to rent not sell
Nationalize blackrock problem solved
>>
>>522069848
retardation
>>
>>522069848
He just got scammed fr fr
>>
Like straight up actual fucking real mental retardation, intellectually disabled type motherfucker.
>>
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You know what could help him?
Buy more houses. A house never wants to be owned alone if you ask boomers.
Should have at least 5 houses under his name and ask several million for them so he has like 100 million "locked" assets..
Why stop there. Buy every property you can and ask ridiculous prices for them all.. Join the rich asshole club!
((Keeps the economy healthy with empty housing everywhere))
>>
>>522089444
>rich asshole club
>444
checked
>>
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>cops when you are rich
>give me $600
>>
>>522069848
What drives a 1pbtid memeflag to post a twitter screenshot from a satire account?

Mods: Rangeban Israel and India now.
>>
>>522090460
Leaf they are fucking actually for real intellectually disabled
>>
>>522069969
spbp
>>
>>522069848
these houses are only worth the land + materials + labor

anything above that is a handshake to the seller and jewish speculation
>>
just took a fat shit, I’d put valuation at roughly 2.4 mill, gonna need you to go ahead and unlock its value for me, i’ll even throw in some piss for free
>>
>>522069848
Speculative asset bubble.
This has happened so many times. Land seems like a surefire investment, but it's really crummy. Japanese asset doomerism is going to be the norm. You're going to have houses that people will give for free and there'll be no takers.
>>
>>522069848
>Boomer / Boomer JR getting fucked over their greed
Love to see it



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