>Muh shitbox house is worth $6,000,000.00.Ok, then sell it. >But nobody wants to buy it 'cause they're a bunch of entitled assholes.Then your house is only worth what someone is willing to pay for it.>But muh bank says it's worth $6,000,000.00.Your bank is lying to you and you're dumb enough and greedy enough to believe it. If your house was actually worth that much someone other than a billionaire or a megacorp would be willing to buy it, but nobody is. No sane, normal person with a functional brain is going to buy your house for that price. It is only worth what someone is willing to pay for it and if nobody is willing to buy your house, then it isn't worth anything at all and nobody will ever buy it from you.>But the jewish bank says it's worth that much.Just kys, boomer. You're literally retarded.
>>528599902why is the bank valuing your house?
>>528599902>>528600486>>528600611You mutts WON'T DO SHIT about it anyway even with muh guns lol.
That's not even the worst of it. It's that they expect younger people to sacrifice their income to pay for these massive entitlement programs. That they would hire a foreigner to "save money" and they accept subpar work.Another thing is that a lot of them are happy to just let the houses rot. Both my grandfathers took pride in their houses and took care of them so long as they were physically able to. Not just doing essential maintenance but keeping it painted and looking good. I know way too many boomers that just don't care. They will let some rental absolutely rot for many years, so long as they're getting the rent. And of course third worlders renting don't care either, where they come from places look run down and have plastic and shit everywhere anyway, so even a 50% white neighbour that's run down looks like an improvement to them. It's all so tiresome.
>>528599902>Lust provoking image >Time wasting thread Kill yourself you 1post faggot.
>>528600611How are you this naive?
>>528600858it just doesn't work that way here
>>528600810Post nose, kike.
>>528599902Solid 0/10
>>528600899>Legit believes that his govt. isn't owned by kike billionaire bank owners.How are you this naive.
>>528600965Venti is indeed a 0/10.Thank you for sharing.Now post her tits or gtfo.
>spend 5 years sleeping 5 hours a night to save for a house working in a factory>save 80k>get pre-approved for 250k>only thing I can afford is a house at the bottom of a hill with a literal cave in the basement that's rundown>can't afford monthly payment>want small manufactured ("mobile") home>different type of loan>all come with a fucking 458 dollar a month HoA fee >can get "evicted" from the house i "own" if I don't follow this>get 30 days to move my """mobile""" home>some fucking boomer allowed zoning for this scam>not allowed to own 8000 sq ft of land because...???>exgf dumps me because I won't buy these houses>get laid off>get new gf>go back to college>she dumps me for not having my own place >basically have given up at this point
>>528599902I got my house by hardballing a boomer 130k under his listing price, him saying no way in hell, him delisting the house a month later, him resisting the house 6 months after the delisting at 20k above what I offered, and then offering another 30k below his new asking. A "350k" house for 220k. Still a bit overpriced but I am afraid of houses jumping in price again when new fed chair cuts rates to appease trump. And I can refinance when rates drop since my 1 year no refinance time expires in July.I was using this strategy on multiple boomers as well and out of the 5 houses I tried this on, 4 delisted and relisted near my offer. One did the patented boomer strategy of -5k a month for a few months of no bites then delisting and coping. They will kvetch but eventually their health will force them to sell. Just be the antagonizing force to stress them and worsen their health to speed up the process.
>>528599902She makes my turtle head stick out far
>>528599902Fuck off, kike. Your D&C is not welcome.
>>528601026you can sell your house at a lower price if you want. if it sits on the market for a while with no interest you drop the price. im not sure what you're even saying.
>>528600899>we don't do that in CANADA
>>528601113seems reasonable. the price really is determined by what people are willing to pay.
>>528599902>muh btc is worth something Kek
>>528601091HoA shit should be illegal.Kike interest on home loans should be illegal.A home is not a luxury.It's a necessity.
>>528601091Dodging a bullet with hoes like that though.
>>528600794>they expect younger people to sacrifice their incomeAnd thus our time, and thus our lives.For what?For you being GREEDY FUCKS.(Then we boycott and EVERYTHING falls apart, and we'll only rebuild once you're all dead!)
>>528601191Shut up, boomer.Covid showed us the distance you were willing to go.You're a bunch of fucking retards, worse, you don't realize it, and still feel righteous, and those are the MOST ANNOYING people, ever.You hold all the money.And you keep doing that.Because you suck as a human being.And money the only thingthat will make your kids pay any attention to you.
>>528601191Boomers have been the best goyim for Jews. It’s a shame that their passing will likely improve things. I won’t celebrate but mass migration and housing speculation and a plethora of other things were given the Boomer blessing and now we’re reaping what they sowed.
>>528599902They could just sale it to rich/middle class foreign man from other, corrupt shithole country. Those guy would pay million just to buy a house, just for residence permit
>>528600858I'm a retard, explain this?
My parents put their house on the market a few years ago and it was sold in 4 hours, cash deal, to a rich old lady.
>>528599902You sound like a loser. Go be the communist leftist faggot that you are.
>>528599902>retarded boomer crisis.strange way to say central banking mafia crisis
>>528601636You are a well programmed goy. Keep guzzling that kike cum.
>>528601636>Covid showed us the distance you were willing to go.Poisoning us, eventhough it is always more your time to go.Die with honor.Instead, you faggots cowered like the pathetic worms you are.>>528601856Maybe there are one or two based boomers, but they __really__ suck.t. Dad was silent generation
>>528599902Sorry you can’t afford an expensive home. The reality of: it’s only what worth what the market will pay doesn’t make us assholes for not kowtowing to all the whining lowballers who can’t afford a nicer home. The second law of economics is that if you can’t afford the asking price, quit fucking whining and either save more, wait for a shift in the market, or find something in your price range. Maybe if you tards hadn’t dogpiled the market for rental homes, more boomers could leave the larger homes for a downsized place and make those luxury homes more accessible. Hell, I don’t need 1700sqft when 1000sqft would suit me fine. Damned if I’ll sell the place just to live in a sketchy neighborhood in a smaller home at the same value though. Live in a nice home you paid $100k for or move to some dumpy box and take on additional payments. That’s why boomers are staying put.
>>528601994You're too dumb for it all, so to you it's just>da joosFuck off, you're probably the kike here.
>>528601253honestly, i dont really understand what hes saying. no bank is forcing me to sell my house for a certain price. >>528601430>HoA shit should be illegal.i dont agree. other people are the number one pain in the ass in life and im starting to appreciate the idea of being able to choose living in a place with rules.
>>528602025>Sorry you can’t afford an expensive home.You will sell at a loss or not at all.Sorry, fuck you, thank you, and good-bye.
>>528600611So they can leverage it in other mortgages without telling you.
Boomers would stand to lose a shit-ton of money if their houses were suddenly only worth half as much (which is the real value).They're overestimation is so they can take more collateral on it, so there's more money in the stock market that can be stolen from them, and then put into the rich jew's pocket.>>528601856>>528601943>>528601994You see, it takes two to tango, dumb boomers, and greedy jews.
>>528602267i still dont get it. if i own my house and want to sell, i just list with a realtor or privately and state my asking price. negotiations go from there. sure im missing something here
>>528602068Just ask for your reparations nigger, or have you not been programmed for the next phase yet? This collective guilt generational D&C psyop is the exact same playbook as slavery/white guilt, colonialism/western guilt. You are just too retarded and too eager to join the mob and claim your victim attention to see it.
>>528602272>dumb boomers, and greedy jewsWait, they're both greedy, which is the point I'm making, but the boomers are also dumb.The younger generations seem only dumb, at least so far, let's hope they don't get misled into a life of materialism such as the boomers were.
>>528602380No, this is not D&C, this is a cover-up of boomers stealing from every other generation by means of being the BABY BOOMERS and utilizing their increased voting power to fuck everybody else over....like you probably did.Retire, get the fuck out and shut the fuck up.
>>528602525>BABY BOOMERS and utilizing their increased voting power*due to their increased numbers (which is why they are called the baby boomers)Little did we know, they'd be babies their entire lives as well.
>>528600611Because OP has a poor grasp of housing mechanics, I think, and "bank" is a convenient bad guy for a /pol/ post. A bank might give a housing valuation if it's part of a loan application, but they're not just going to value it for no reason; that'll be the online valuation services making their best guess. Boomers are of course aware that if no one agrees to the price they can't sell it for that price...for now. Their entire lives housing has only gone up, why would now be different? So they are holding out and not selling. I think what OP would want and what many of us would want is for the boomer to just sell for less and take the L, but unless they really have to move - like they're going into the retirement home - they're just going to not sell and wait for a better day.There's kinda no solution to this issue because the proper solution is more homes and you need time to do that and we didn't do it already. We're like 5 million homes short of where we should be. Even if we started building tomorrow, how long? I think we're all going into apartment buildings ("the pod" if you must), there's just no other way to do it quickly enough to avoid a big civil war.Henry George predicted this.
>>528599902>>But nobody wants to buy itThe problem is people are buying them with ridiculous mortgages. I moved from long island over a year ago and sold the small house that my grandma bought in the 70's at $60k for $600k to some couple that took out a huge mortgage that they'll be paying off for the rest of their lives. The house right next to my old house which is a cookie cutter replica just went on sale for $760k and I'm sure it'll sell too
>>528599902Keep paying that $6 mill mortgage slave
>>528602525Collective guilt. You’re the victim. You never had a chance. It was all them. Hate them. Seethe. The family unit will be destroyed. Don’t worry, the government is here. It’s not (((our))) fault you’ll never own shit, it’s the boomers. Here’s you ubi and pod, you are sterilized already, right?
>>528599902I am almost 50.For my entire life, every single time one of these boomers bought something, they believed that it is worth more.EVERYSINGLETIME.EVERY SINGLE ITEM. Car? Gun? House? Tool? Everything.They simply cannot believe that something they own could decrease in value because they paid too much for it and no more retarded boomers exist to buy it.
>>528602350It starts with this fact: if you have a mortgage on a house, you don't own the house.Mortgages are a form of bondage to the bank. You promise to generate an amount of wealth over a period of time (10-30 years, terms variable) and pay them that wealth.The amount you promise to generate is equal to the cost of the house for the bank, plus interest.Legally the bank owns your house, and you're an indentured servant to them working for 10-30 years to buy the house from them in monthly installments.That means that the overwhelming majority of "homeowner" doesn't actually own their home and can't tell the bank what to do with the property.Meanwhile the bank uses the mortgage you're paying back as leverage to give other people mortgages.You have to pay, and they're borrowing that payment from the future before the money has been generated because you are contractually obliged to generate that money which means it's a guarantee.In the interim, it's registered as debt on the ledger.To visualise it, imagine a $400k mortgage being registered to your account as -$400k debt, and registered to the bank as $432k leverage for the next customer. 8% interest.
>your house is worth 6 gorillion dollars goy so you have to pay more tax on it ok, lol-sincerely, the government
>>528599902what could have been...
>>528600686Not my problem
>>528601817If your parents weren’t paid over the asking price in that short of time, either they had a crappy agent that didn't understand the market, or they got scammed by the agent working with the second party.My last home my agent wanted more than what I was asking. I told her I’d be happy at a set level, was told to stand down after she put it out on the market $10k more than my estimate. I was worried if the place would even move- I was on the clock to sell before my new home closed. I was told not to worry. I accepted one of three offers that wildly exceeded my expectations. I initially wanted $98k, it sold for $137k because my agent knew the market and how to land a sale. Unless you’re agent is working a side deal in the background or your home is really worth divesting in, a good agent will get the max dollar for your home. That is how they get paid.
>>528601430Lmao you're sounding an awful lot like a commie anon, won't you please think of the financial returns?
>>528602683This can be proven in all the policies you have instated.Boomers were also always the ones to try to tell you how to rip someone off, because if you don't, somebody else will, and they all think that's normal.There are generational differences, this is fact.Some will therefore be better, some worse, this must follow as well.You have an agenda, I speak only in logically consequential conclusions.But yes, I am also angry, because I may have undersold my value working for a boomer, who really... shouldn't've fucked me over, but did, because he just can't help himself.They're that bad, yeah.I don't even want vengeance (let the Big G decide), but I don't want anything to do with them anymore either.
>>528601482In most European countries at least half young people's income from their job is going to the state that would rather give it to boomers or brown people than actually develop the country. And not only that they have a constant stream of foreigners to keep the wages down as well, so you get half of a shit wage. Then the boomers tell you that you need to overpay for their shitty rotting house? No way.>>528601995>t. Dad was silent generationI met some of them in Germany when I visited in 2005. Their English was not good but my German was good enough to understand what they were saying to me. 10% foreigners he told me. "grandpas a little crazy, a little bit racist, don't listen to him" - but he was right about everything. I'm sure if I go back there, even to Ober-Roden it will probably be full of brown people and boomers in denial.
>>528601463I mean I guess I don't blame the 2nd one for not wanting a guy who is unemployed at 32 and lives with his mommy and daddy. She shared a house with 3 roommates who made noise so she couldn't sleep cause they worked 2nd shift. She was mad she couldn't sleep at my parents house. She wanted me to get a part-time job while in college. I didn't want to fuck my college with that just to make 15 an hour when I used to make 25 an hour. I've been thinking of texting her even though I have a new hotter gf because I miss the old one and my new one is an anti-ICE protestor so it won't work out long term. My ex had a dyke sister though so it was doomed anyway. So idk what I'd even be getting out of it.
>>528602772Starts with the fact that whatever you have paid toward the principal does actually belong to you. You basically co-own your home with the bank. If you can’t keep up with your financial responsibility, they can legally sell the home to recover the money they initially invested. The wiggle room in sale pricing will be how much you’ve paid. If you little equity in the home, don’t expect the bank to be dumping the home cheap as they are balancing the cost of recovering their investment with how much is actually recovered. But yes, from day one, the home is yours to do with as you like regardless of your questionable aesthetic choices that could actually devalue the property. If you rent, unless the owner is lazy about upgrades, you probably will have little to say about your apartments aesthetics. Your bad choices could damage the ability to rent in the future.As a landlord, if you can show me you got actual skills and can show me the plan, I’d be more than happy to foot the bill for materials if I saw value in your upgrades.
>>528601191Die boomer. I hope a nigger kills you in a nursing home some day.
>>528599902I try to explain this to boomers. it doesn't matter how much you say something is worth, who's gonna be willing to pay that much. stuff is worth as much as people are willing to pay for it. they also don't seem to understand inflation and seem shocked every single time they go to a store or restaurant and the price of something goes up. like I don't like it either, but its not shocking, things have been going up my entire time on this planet, I have never seen the price of something go down.
>>528603009>population is shrinking>demand for housing is shrinking>property prices will plummet>oh no>import a dozen third worlders NAO>t. boomer with propertyIt's the>less than 30 years left to live>for materialismyou want, and are willing to pay>permantently changing demographics of a country>for tens, hundreds, who knows how many yearsthat makes them seem quite petty, pathetic, narrow-minded and short-sighted, selfish, greedy and there's probably vanity in there somewhere as well.We Millenials can be blamed for being a bit too gullible and naive, although we *could* argue, it's because you wanted us to be that way.(Hint: You did, for example, your women sabotaged our girls, because they wanted to sleep with us.)
>>528599902>Muh shitbox house is worth $6,000,000.00.Ok, then sell it.>YesIt is now sold for $6,500,000There's the version revised to reality.
>>528599902It's tech niggers and air b&b faggots who are causing the problems. Tech keeps importing jeets and chinks, companies buy houses for them, they either quit and go back to their perspective shitholes or get hired by some other company and now the company is stuck with the property so they rent it out and let property management take over. These same companies at one point were so desperate for housing they literally paid 6 times what the house was worth in cash so now when they do eventually have to sell the property they have to sell it close to what they paid for it overall fucking up household pricing and pricing out middle class and low middle class earners
>>528603693I hope you get reparations like the niggers for being so irreparably harmed by a loosely defined collective of people that surely share the guilt for all of your shortcomings.
>>528599902The market always corrects itself. Always has, always will. Boomers get old and demented and die off. Always have, always will. Somebody else just as stupid comes along to replace them and the rich employ a new trick to fuck everything up for the poor, and the poor are always just stupid and greedy enough to fall for it hook, line, and sinker. Always have, always will. If you really wanted something bad enough, you'd find a way or else build it yourself. But most people just want to bitch and moan and complain and cry and bellyache about how life's unfair and everybody's against them, and boo de-hoo hoo hoo. Always have, always will.Anytime you think it's just this group or that group fucking things up, you've managed to convince yourself that 5% of the problem is the whole problem. Always have, always will.
>>528601430It’s not my job to provide you a home, either. Think about the necessity of home ownership next time you decide to blow money on a trip or upgrade your gaming systems audio for the third time this year.I have expenses and have taken the initial risk purchasing that home I rent out. I continue to take the risk of you being a demanding (and costly) renter, cover the taxes and depreciation and whatever risks are involved when I do provide a place to a complete stranger. Why should I not get a return on my investment? Likewise, why not a reasonable amount of service fee on the loan I risk providing you? What incentive would one have loaning you money in the first place? Common sense, man.
>>528599902I will never buy a boomers house on a 50 year mortgage. I will buy land and build my own house before then
>>528599902does a 6 million dollar house really make you a profit if you still need to buy another place to live which will also be inflated?
ITT>people just looking for a somewhat affordable rent>boomers autistically screeching and seething on having to take an L on property loss>>528603810Yeah, cause of all the third worlders creating demand, this cascades all the way up through the property market from the bottom up, keeping prices high(er).(If that's even true to begin with.)
>>528602820I hate the IrishBlack skin and red hair is just discusting
>>528599902You'd have to be really retarded if you think it's anybody but the market who determines the clearing price of a house. It's obvious you've been indoctrinated to have an artificial and irrational intergenerational hatred by hostile governments that are trying to destabilize our society, but anybody who's passed high school economics understands it's not the ((( boomers ))).
I still don't understand why I'm making $91k a year and can't afford to buy any habitable homes in my area.I make almost double my areas household income.And every habitable home starts at 400k which the mortgage napkin math would put me at about 80% of my takehome pay.I literally don't know what I'm supposed to do lmao.
>>528600965OMFG just kill yourself already
>>528599902>worth $6,000,000.00.Nothing is valued at 6,000,000, only the jew
>>528600810>Lust provoking imageWithout it, threads no longer gain any traction in this shithole
>>528600611because it isn't his house. He lives in a pile of debt and will bestow that empire of debt to his children
>>528601091You should be grateful that you fucking magically got rid of two worthless whores you were too stupid to get rid of yourself. Just keep living your own life and being a slim customer and let the fucking whores come and go. You're doing great, you're in good stead, and you're fucking luckier than you deserve to be even though you're a total ingrate. If you really want the truth, you should work less and try to live cheaper and stay the fuck away from whores altogether, and quit trying to follow the steps in a plan that is never going to work anyway. Obviously if nothing works and everything's fucked, the worst thing you can do is invest in anything that enriches the system. So far you've done a great job of avoiding disaster despite yourself. You've "Given up?" That's the first fucking smart thing you've said, dipshit. I don't know why, but somebody up there sure likes your stupid ass, so keep doing what you're doing, try not to get so fucking emotional about everything. That's probably what the stupid whores see in you that makes you attractive, lucky for you you're not rich enough to act on your emotional decisions, huh?Hopefully you pull your head out of your ass first before you lose Heaven's favor. You're living proof that God loves stupid people and that's why He made so fucking many of you.
>>528604383And you should. No one should consider mortgaging their life away owing money. Such long term loans are predatory by nature and should be illegal. Shame on the assholes that authors this bullshit. This also applies to 7 year car loans as well. Just another money grab so the sellers can increase prices while spreading out the pain for several more years.
>>528604643>Nothing is valued at 6,000,000, not even the jew
>>528604273THIS IS SO MUCH! Stop buying coffee, dumb millennial.Those who bless Israel will be blessed!
>>528603094>lives with his mommy and daddy.2nd smart thing you've said. It's fucking amazing how blind you are to your own good fortune, truly. I absolutely marvel at it.
>>528604510Oh yeah, all you Millenials waiting to cash out on the boomers (oh, you guys are actually also pretty much on the same level as them, by the way): They're probably going to crash the housing market exactly then, when most of the assets have transfered, that is, when the boomers boom their last boom.
>>528599902most boomers will be dead by 2040 (likely before) so just be patient. things will slowly start to get better.
The best thing about boomers is they're all going to die soon.
>>52860096510/10. smash.lovingly, passionately.brit is the light of my life
>>528601995How fucking old are you that you're dad is in his 80s or 90s?
>>528605014>>528605073Yeah, yeah, what a "cohenincidence."Hey, the Jew ain't innocent, but he's not alone either.That being said: I like Jews. I want them to be around. I just don't want them to rip off people. Play fair, that's all, man.
>>528604273>I take risk You sit on your ass and collect shlomo>loans Jewish money printer printing fake money? >return in investment Is not guaranteed in a free market nigger
>>528599902Private equity buys up all the single family residences. Regulation is out of the question, they tricked you into thinking it is communist. Incels won't breed. Working folks' kids will never move out. Elite leftists will have the only white kids and the only ones thriving in america.You won!
>>528605073That's actually when the pole shift will happen, ha ha ha ha ha!All you idiots trying to buy a fucking house have no idea how goddamned stupid you are. You know what you should invest in? A good van, or a truck, something mobile. Anybody planning for this shit to last more than about 10 more years is as stupid as they come. The world is changing and the superrich all know what's coming which is why they're investing everything they get from bilking you stupid fucks into building doomsday bunkers.
>>528605283My Dad smashed late, but I'm also not the youngest anymore, no.
>>528604387Not if you’re downsizing or that you made a significant profit on that home. Consider a home for $1M a decade ago. With a $5M profit, one could downsize, pay off the new home and pocket $2M for retirement.If you don’t have significant stake in that home, even a downsized home may cost you more than your share of equity.If I were to move out of my larger home to downsize, even with the amount of equity I currently have, the replacement would be sad and probably in a worse neighborhood. For something equivalent, my mortgage payments would double
>>528600611The bank still owns the houseDespite the hype, boomers that were gifted the greatest economic growth period their entire lives still die in debt and poverty because they couldn’t stop consuming long enough to learn 4th grade math
>>528605308100% sealed fate of America boomers literally don’t care because they can think past themselves and their final cope is they are going to heaven with all the brown people they live so much.
>>528600686Here's the thing. As someone pointed out, right now the consequences of "doing shit" outweigh the potential benefits. An economic collapse is pretty much a given at this point and I don't see how we get out of it without mass civil unrest. There's a lot of shit that I'd be doing if thought I could get away with it. Also see picrel attached which basically states:>money is basically a made up fiction that we all agree to for convenience. It's basically one of several tools that humans have invented over the years into a complex system called civilization. This kept things more under control than the old system of fighting and killing each other all the time What happens when that fiction no longer serves it's function? A Smith & Wesson beats four aces. Eventually, people will just start taking shit. This country is full of a bunch of macho pussies and that includes the cops who are supposed to keep a lid on things. They can't keep Minneapolis under control now. If organized bands of people start going into areas and taking over, then they "won't do shit".
>>528599902people with houses / property are losing their minds...here rent doubles every 6months... must be all the debt they accumulated , now they push prices up to try and pay it all back... greedy people are so retarded
this shows that millennials hold twice the share of total real estate available as boomers, but....
>>528600899Bro, banks don't valuate houses anywhere. They just tell the (((agencies))) for how much they should be selling them and the suggested prices are high enough to force mortgages on the buyers
>>528605560....but, the boomers real estate is worth twice that held by millennials
>>528604565Sad reality these days. I earn less than you and have no problem paying off a mortgage from 10 years ago. If 400k is “barely livable”, you’re either in a pricey market, or your wages, while impressive, are lower than average for the area. $400k would buy a decent home in most parts of town where I live and asking salaries for medical or tech positions above 6 figures isn’t unreasonable either.
We have a housing crisis caused by retarded boomers. Every project to build more housing gets canned because boomers whine about muh property values. They'd rather live in a delusion of wealth that they'll never actually be able to obtain because no one can afford to buy, rather than just let their grandchildren have a home and a family.And people say I'm evil when I say social security should not exist.
>>528604768Banks value homes to determine the amount they are willing to loan you. The caveat being that they often want to loan you a bit more than your share of can actually afford.
The boomers also ALLOWED the Fed to rob the country blind:These MBS tranches (bought using QE) are held outright by the NYFed (NYFed acts as both note holder and MBS investor, multiple CUSIPs in each tranche, hundreds of properties in each CUSIP). If the mortgagor defaults (which 99% of them do/already have, which is why the NYFed bought them from their primary dealers in the first place), the deed then belongs to the Fed, who then either sits on the property (affecting housing values and skewing the housing market) or gives it to one of its triparty dealers to be rented (REITs) or to be picked over in foreclosure court. The NYFed now owns ~30% of all mortgaged homes, this was illegal before 2008.The primary dealers that own the NYFed and the financial firms they choose to fund and that also make real estate purchases for the NYFed (i.e. BlackRock, Blackstone, Carlyle Group, American Homes 4 Rent) want to own all the properties, then the US government can become their customer through housing assistance; in this way, they form a closed loop of both supplier and customer, keeping the general public from owning any property, while profiting.Under the guise of Covid, the NYFed and its ilk bought single family homes (MBS) and Commercial Mortgage-Backed Securities (CMBS), too, such as apartment buildings, trailer parks, nursing homes, offices, strip malls, warehouses, student housing, and RV parks and are keeping these real assets in their privately-incorporated LLCs (aka Special Purpose vehicles (SPVs)).Update pic related to ~$2.03 T todayThe purchase of these distressed properties by the NYFed causes false scarcity and false demand, which drive up housing (and rental) prices and prevents young and upcoming families from buying, fixing up and investing in these properties, as well as stopping new families from putting down roots in a community.
>>528602644i see what you're saying. too bad all those nice cheap homes are sat there in horrible nigger areas and no one wants to live there.>>528602772i get the whole thing about mortgages for sure, and that you're gonna owe the outstanding amount if you sell before completion. >>528604768i see that this is case now. its not a situation ive been in thankfully so have experienced it.
>>528601430hoas are to prevent beaners from having 10 broken down cars in the front lawn.
>>528605776It's the area. I live roughly around Boston. Inside Boston is ridiculously expensive and I've given up on that, but all the ring towns aren't much better. The floor is about 400k and there's the occasional 200k home but those quickly go into bidding wars and balloon up in price.
>>528604896Whatever, enjoy your sweet life street living or living with your P and M while sticking it to the man.
>>528605942^^^^this post is just one policy of QE that fucks the US taxpayer and up and coming generations
>>528604252>Boomers get old and demented and die off. Always have, always will.Until their snot nosed faggot kids get ot pretty it upand sell it for 2wice it's value or3 times
>>528605455Opps. Forgot to add picrel
>>528599902Are you 12?Banks dont determine what houses are worth. The market determines what houses are worth, banks decide who can afford them. You can't afford a house because you are poor, dont be blaming my Pop Pop for your shortcomings asshole.
>>528600899Do you literally struggle to understand what he is saying? Were you born in 2007 and just hit posting age now?
the largest single family rental firms own this many properties:Invitation Homes 94K (aka Blackstone kek) pic relProgress Residential 88.9KAmerican Homes for Rent 61KTricon Residential 56KAmherst 51.5KFirstkey Homes 49KVinebrook 21.8KMaymont Homes 20KStarwood 9KSFR3 8.9Kthe above list is currentSource SFR Analytics
>>528606456No, banks effectively determine what houses are worth when they decide if you can afford it, because when they decide you can they artificially inflate the price with monopoly money only their chosen fellas have access to.It's incredibly straightforward and the only way you can get away with pretending not to understand it it making a post on an anonymous image board and then running away like a rat
>>528605073You’ll be old fucks yourself by then. Chances are you parents were to old to notice or care about whatever upgrades in plumbing or what all those termites were nibbling away at the last twenty years. You’ll be too old or tired yourself the day you finally experience the joys of home ownership. It will be in your best interest to keep up on your relationship with your parents, help them maintain or identify problems that they are responsible to address if the want to maintain the homes value or pas it of in reasonable shape to their kids. Old persons perspective: I’m retired, have a very limited income that is entirely based on governmental stability. I’m told my home is worth enough to get me through x amount of years, even in a failing economy. Why would I want to just give it away?
>>528599902
>>528606633You would want to because you don't sculpt your life in service to a failed usurper like a cuck.
multigenerational properties greatly benefit families and communities>can take care of elderly>grandparents can babysit>pay only taxes, as house is already owned>put down roots in a community>keep wealth in the family>higher securitythere is a reason people were shamed for living in their family home, b/c the communal family unit is the single greatest defense to the bankrupt Federal Reserve wringing the wealth from everyone
>>528605301What if you damage my property or choose not to pay?So, go buy yourself something you can’t afford with that imaginary money in your pocket rather than bitch at me for charging fees to borrow money.Definitely not happening if I just give money and housing away to cheap ass bitches like yourself. I’ll take the risk on a free market.
>>528602772But if you have equity in the house then you can sell it at any time and walk away with a profit, and end your debt obligation to the bank. Compare that to renting, where if you find yourself unable to pay the rental agreement you get the boot and are out whatever money you paid into that property through your rent. In fact that is true even if you end your rental agreement amicably.
The larger issue with housing is that it's treated as a purely economic issue when it's in fact a societal and civilizational issue. For better or worse, home ownership is a big checkmark on most womens' lists for >What I need before I quit taking birth control.Their fathers had homes, so they expect you to have a home before they will make you a father, it's that simple. That makes home ownership a barrier to family formation. Family formation is a barrier to civilizational stability; if you don't have enough stable families with vested interest in the status quo, the status quo is much more likely to be disrupted, either indirectly or violently.Because housing is not affordable enough, not enough families are getting formed, which means not enough stability, which will eventually (on top of many other factors) mean collapse. And I should emphasize that it's affordable enough, not affordable at all. Many will be tempted to reply and say that they managed to buy a house, or their cousin's brother's sister's uncle's father's gay lover bought a house so the market is fine we just need to git gud. That doesn't matter, what matters is the overall rate. We can all scream until we're blue in the face that the young simply haven't earned it, we can even be 100% correct, the families still won't form and it will still doom the republic. To regurgitate a well-practiced boomerism; would you rather be right, or happy?This certainly isn't the only ticking timebomb on America's plate but it's definitely one of the biggest ones.
>>528600611Because we haven't passed laws completely banning jews from being in our societies
>>528607381neither have we thats for sure. >>528606588but thats not what OP was saying. he was talking about selling house you already own and claiming that banks set the price. go read it again
>>528606969Most people actually don’t shame kids for living at home these days- it’s understandable that the economy has become ridiculously unaffordable- especially when you’re just starting out in life. My door has always been open to my kids if they ever need to regroup or need a break. All those are excellent reasons- though don’t get comfortable dropping the kids off with the grandparents every time you need a break. We’ve done our time, many of us enjoying kid free evenings as much as you do.The issue has been largely taking on some of the responsibility of being part of a household. Your presence is a financial burden. Sure we don’t mind taking on the physical maintenance of your being at home but it costs to do so. Being family doesn’t get you out of the cost of renting outside, it shouldn’t excuse you from paying your share or rent, grocery, or utility bills. If you’re family, you’re investing into the home you hope to own some day. It’s a hell of a lot cheaper than renting and living on your own and once in a while you get laundry, babysitting, and chauffeur service when your car’s in the shop.Living at home is a privilege. Do your part, contribute what you can- same as any family member.
>>528606456>>528606588Not quite. The bank/mortgage company decision on a home loan is more complex than either of these. I think the Cannuck is especially misguided though. I get the sense that because the home value is the most important thing to you, you think it must be the most important thing to the financial institution as well. Not only can an individual lender not really point at a house, call up the Bogdanoffs and say>Pump itthey don't really have a motive to. A lending institution has enough cash that sending out six figure loans every day is not just sensible, but standard business, so the individual price of any individual home is just one factor among many when deciding whether a specific person/couple is a good bet for lending. The value of the home is taken into account purely to mitigate risk, as in the ideal home loan, no payment ever gets missed and the bank never needs to go through the lengthy, expensive foreclosure process. If you never had to foreclose home values wouldn't matter at all, you'd lend anything to get the purchase. But foreclosures do happen and it could happen to anybody - even 800 scores can get cancer or get divorced. In the case of foreclosure, having the mortgage amount lower than the house's value makes it less likely that you'll take a loss. Often you will still lose some money in selling it, but you won't lose as much. That's really the only connection a house value has with a lender's willingness to lend. In almost all cases the percentage is what counts, not the absolute numbers attached. And many of the factors that affect those ratios such as your income, what the developer or homeowner is charging for the house, taxes, insurance, etc, are well outside of any lender's direct control. Yes banks do increase inflation by increasing money supply via lending, but that's obviously not a direct interaction with housing prices or anything else specifically. Inflation is an unattended firehose, it blasts everywhere.
>>528599902we've been eyeing a house that has sat empty for two years now. 1.5 mill they ask and are willing to go down 250K max. it is a very nice house in a lush green hilly posh area with a large property surrounding it. large enough for splitting and developing some rentals. nothing exceedingly large in terms of the house. it's just, they don't need to sell. they got several houses around the globe and investments that are far more valuable than one house or a few. not many people can fathom the wealth of the wealthy. and it's not boomers. it's jews.
>>528601430>Kike interest on home loans should be illegal.>dude just give me hundreds of thousands of dollars for free bro trust me I'll pay it back hehehmorons like you calling everything usury are setting us back.
>>528607989Banks set the price for the buyer, not the seller. They could care how much loss you choose to experience in a sale as long as they get the money you owe. If a seller owes a significant amount, yes the bank will insist on setting a price that ensures they get their money back on the loan they provided you.
>>528606633In some sense everyone's fucked already. Inheritances should be given at age 30. With how long people live these days, inheritances are always slated to show up way too late to make any difference in the adult child's life. Giving someone a big pile of money at 18 is obviously dumb, but giving them the same pile of money after 12 years of experience at being an adult will radically change their life for the better.However this is like the housing - we didn't do that already. Some milestones can't be safely missed or picked up later. The millennials who are in their 30s with no kids no spouse no family formed no bulwark against chaos couldn't really turn it around now even if they were given the tools to do so, they're already embittered and past their fertility windows.And even though they were missed, they're not going to go away, they're going to be around, voting and running for office and holding management positions and participating in riots.>>528606969True, but good luck convincing any woman that you're not providing a house like her dad did because it's legitimately a good idea and not because you're incapable. I'm not supporting her, just telling you what she thinks.
>>528600810Ginger’s are based they are less then 1% of the world and disapearingEnjoy the cute Gingers while you can
>>528608034I am talking about multi-apartment houses ro multipel buildings on the same property. Old Victorian houses were built as 2-3 family for just that reason.
>>528599902How cute... Look here Gen WTF... Once you stop negativity labeling everything to make your over emotional points we will listen. Look at the time... It's time for your SSRI.
>>528608436this is assuming the house is mortgaged though right? that wasn't stated in OP.> yes the bank will insist on setting a price that ensures they get their money back on the loan they provided you.yes of course, thats perfectly natural since you still have financial obligations towards them
>>528608370KYS, heinyburg.
>>528606944Wrong. Thanks for playing though. The answer we were looking for is that a lot of boomers don’t have a lot of things of value and can’t always rely on those annuities and social security to provide the steady income needed to survive. They don’t just assume they’ll be plenty more where that came from. Real estate sale can make all the difference between comfortable existence and financial hardship.
>>528608878You don’t really see a lot of high end homes where the owner seems to have paid off a significant portion of the principal mortgage though. We’re talking young talent at the height of their careers moving around every three or so years. So yeah, bank wants a say in the sale price.
>>528605387The bank does -not- still own the house, title and deed are in the owner's name. Your mortgage is a separate debt instrument (that was used for the purpose of acquiring said house), and is an asset that can be leveraged in bankruptcy if you fail to pay your debts (of any kind).
>>528609390(The house is an asset*)
>>528608595normally inheritances wouldn't be needed. the windfall came late many years back as well, and was often thought more for the grandkids than the direct offspring. the situation we're dealing with currently is due to jews and no inheritance will help you for long to avoid the fate that jews have planned for non jews. the boomer d&c is by jews, for morons. the smart thing to do for your kids is helping them to have a house when they start a family. we built two for our sons and the family business, in which our sons work with us, allowed us to. we build pools for snobs. i don't particularly like it, but the option came up by chance and we took it.
>>528600794Entitlement programs are funded by issuing money, not by tax revenue. The taxes are a check on inflation. Now, maybe it's a bigger problem over in Euroland because you have national budgets and supranational currency that individual member states do not issue.
>>528609343can appreciate that
>>528608951Give me 100 thousand dollars and give me 30 years to pay it off, now. Do it now. Go ahead since you don't believe in interest (6% interest isn't usury in case you're confused). This shouldn't be a problem for you.
>>528605560>this shows that millennials hold twice the share of total real estate available as boomerIt says nothing about totals, it's relative percentages. 38.5% of millennial assets are in real estate, compared to 21% for boomers. This makes sense in that most millennials have very little in the way of assets, houses (for those who have them) are a bigger chunk of the millennial's pie because their pie is smaller to begin with. Your follow up post shows the total value in real estate actually being larger for boomers than millennials. What you lack is total volume to tell you the average price of those real estate holdings, and you baselessly assumed that what you showed means that boomers' valuations are inflated.
>>528599902I got a paper route when I was 13. Bought my first house with the earnings at age 16. What’s your excuse? Is walking too hard for you? Are you too good to deliver newspapers?
>>528607159you don't need a house to find a spouse, at least not around here. what really matters is family, the one thing jews have successfully tried to destroy since the frankfurt school. it worked to some extent, but some people are smarter or maybe just more conventional. the 'potential mother of my kids' girls who got introduced to us, weren't after money. they did like the stability that a cooperating family provides. one of them works in the firm now. two kids so far. one on the other side. it would be silly to aquire a house large enough for a family, when you don't have one yet and aren't planning to.
>>528608788Probably related to the cost to build such a structure these days. There’s nothing stopping you from having a two to 3 family home built and going in on the mortgage with the other parties involved in the project. It’s not at all that uncommon that families convert useable space over to studio apartments for other family members. There are plenty of multi- generational properties out there, you just have to be willing to put your name on a mortgage with other family members. That or have parents willing to accept the additional costs of buying more of a home than they already need.My kid is dating someone where they have 5 families sharing a compound they originally purchased for relatively nothing and have added structures to accommodate their ever expanding family.
>>528600965-12 0f 10. No niggresses or decaroons or WTF that mysterycoon meat is.
Currently in the process of moving to a house with a bit more space. Holy crap do I have moving all of this small stuff (trying to pack and move most myself so the moving company only deals with furniture and large items). I need to go minimalist.
>>528609535The debasement (counterfeiting) is done because otherwise these programs would be insolvent, yes. Bringing in foreigners also lowers the "debt per person" , which is purely for optics, to make it seem like there's a chance to pay it back if that number is lower per person (and ignores that bringing in brown people mean they are net negative in the long run, they don't care). In Europe we can counterfeit to an extent but because we're tied to the USD (via Breton Woods) it does complicate things a bit.But most "new money" is actually a result of private banks (they have fractional reserve of 90%, and when you get a mortgage they just create the money and put the house as an asset on their books). What keeps this in check is that the central banks play with interest rates, which control the rate at which this new money can be created (like turning a valve and it affects both government and private sector). But of course the existing supply is still circulating around and as it does things get more expensive. That's why the Federal Reserve calls it a "blunt" tool. It's all centrally planned nonsense that doesn't work but the vast majority of people either don't care or are ignorant of it. They only care years later when things like beef has gone up another 40% in a year. And of course they will latch on to any old bullshit (it's Russia! it's climate change!).The main difference between Europe and the US is that our labour laws mean it's harder to get rid of people or actually get them to do work (with all the legal days off, legally allowed to go off sick and get paid, etc). It all just gets priced in to the salary, but good luck telling most Europeans that. They seem to think that they're really getting things "for free" from the company and then are shocked to find out some entry level salary for the same job is x2 or x3 more in their pocket in the states.
>>528610637I used Uhaul Ubox and did it myself. Didn't bring much with me and bought all new furniture after I moved in
>>528610377Off topic- what exactly does this have to do with Jews? It all literally makes sense without having to be a dickheaded bigot about it. Now I have to question your every fucking word knowing your brain is motivated by paranoia and hatred and not actual rational thinking.
>>528604725>I need to post porn because everybody ignores my retarded takesTry not being brown
>>528610885are you one? the situation is due to jews because they have controlled money, media and education since the end of ww2. they did so before as well and they are responsible for the impossibility to purchase a house where you live. but what do i know. go ahead and kill the boomers. best start with your own family. i sincerely hope you will inherit the world so you can have a family of your own. good luck.
>>528599902sybau, unc, lol
>>528600965>have rotten brown strawberries>spoon cum all over them?
>>528610847Wish I could but we have a lot of furniture to keep. I used one of those to get all our garage bins moved.
>>528609909>baselessly assumedi don't fucking think so, i don't assume shitjust trying to make sense of the Fed's chartsthis one says millennials don't hold more than boomers in either share of total real estate or amount in dollars
<<<----DO FUCKING NOTE THE FED IS BUYING LAND, THIS WAS FUCKING ILLEGAL BEFORE 2008Notice on the top half of pic rel the NYFed squeezes out the citizens' currency and pays its ilk IORB and RRP instead, while also buying houses and bonds.The NYFed clearly prioritizes enriching its private owner banks over the citizens having a currencywhy doesn't Trump ever mention this?b/c fucking Trump thinks the NYFed is the housethe FUCKING US TAXPAYER IS THE FUCKING HOUSESo, as the BANKRUPT NYFed SEVERS the currency from the US citizenry, it also steals their housing. Isn't housing a necessity?
>>528612266>in either share of or dollar amountpic rel is share
>>528600965Fucking disgusting
>>528612266>this one says millennials don't hold more than boomersYeah that's the point I was making when you said: >this shows that millennials hold twice the share of total real estate available as boomersWhich wasn't shown at all.
>>528610377Well that's not how we do it in AMERICA.
>>528612988all it shows is the Fed has contradictory charts, which is probably why it is fucking bankruptpic relatedthe fucking incompetent Fed thinks their IORB and RRP policies bankrupting the Treasury is A RUNNING TALLY THAT THEY ARE TO BE REPAID (today, the bankrupt Fed franchise is ~$245 B in the hole)so essentially, the NYFed is trying to ROB US TWICE kek WITH THE SAME FUCKING CON
>>528612988>millennials hold twice the share of total real estate available as boomersgen y is twice as invested in land as boomers but hold half the value as boomers would be accurate
>>528613127The charts aren't contradictory, they're showing the same thing in different frames of reference. The statistics here are like logic, you can have a valid logical outcome from silly priors.>If OP is a faggot>And faggots are lemons>Then OP is a lemon
>>528599902>be teen, mutant turtle>pretty athletic>no dick but a pretty moist cloaca>just want to scissor best friend April >so bad>friendzoned>can hear nigger rat Jew boss pounding her all night>fucking cum already Saster Splinter God dammit>brother says I'm cool but rude he's fingering his cloaca listening what a faggot
>>528613482millennials are more than twice invested in land as a generation, but hold half of the value was the pointthis is likely due to boomers/silent gen and their artificially high values
Yes boomers treat their children as literal economic, social and even sexual competition. They view you either as a threat or a resource to be exploitedWhat an utterly depraved narcissistic generation
>>528604252>Just Harry Potter a way out of thin air in a boomer kiked system.Kys, boomer jew.>>528613688Male turtles literally have dicks. GTFO with your sick tranny fantasies, faggot.
>>528599902It's because of negative interest rates. That's the primary reason housing prices are going up.
lol are these really the median incomes?what fucking 80 year old is making $80,000?
>>528613749Ultimately your point (and mine I suppose) is you can't read a chart.
>>528614569good investments, pensions, etc etc?
>>528599902This has been the case since the 60sYou’ll never be able to afford a home and raise a familySomehow I did it anyway Retard
>>528614674i have many charts, showing the NYFed (boomers) screwing the country out of all sorts of money, land, resources, privacy, security, their currency, etc lol<<<---like this onethis chart shows the QE policy of IORB, aka welfare for the NYFed Now the bankrupt Federal Reserve franchises have their dream come true, note the right side of the chart, high reserves and high IORB at the same timethe last time they tried to have both, JPM got raided by the FBI for rigging treasury and silver markets which caused the repo spike, all big banks failed again quietly and got bailed out again for trillions in Sept/Oct 2019 and then we had covid, which shut down the economy and conveniently hid their illiquidity lolthe legislative volley between boomers and billionaires that leaves everyone out:NYFed owners say they need more taxes from social security/medicare payments to pay them interestboomers say big bank fleecing of the country is fine as long as they're getting social securityand they both continue to make laws to protect their positions, so now, effectively all wealth is going to the old and dyingNo one is really expecting boomers to:1 admit what they have done2 apologize for it3 see what they can do to fix it nowBut everyone is expecting boomers to:1 double-the-fuck-down on their greed, arrogance and hubris
>>528615061>showing the NYFed (boomers) screwing the country out of all sorts of money, land, resources, privacy, security, their currency, etc lolwhile i'm fucking at it:https://archive.4plebs.org/pol/thread/505237484/^^^ A thread about the NYFed and its ilk now trying to convince the boomers to switch from private Federal Reserve-issued, debt-based Federal Reserve Notes to privately-issued, debt-backed stablecoin tokens. This is going to be priceless to watch. Neither of these currency options benefit the citizens, they only benefit the private issuer. Will boomers sell out once again to the banks to save themselves from a failing system that they created? One last fuck you to the country as they insulate themselves in their private tokens?And in the next orchestrated crisis, are the boomers’ new asset tokens to become worthless, as the payment platform is the ultimate claimant to any reserve assets in a crisis or bankruptcy?When is the currency going to be restored to the people? Don't US taxpayers have a right to a debt-free currency issued by their own treasury?Pic related was just passed.This is just entitled boomer classists driving the fucking country into the ground for money (mostly from the now-bankrupt NYFed's QE policies) and now destroying the US taxpayer's currency (the fucking US$, which is A FUCKING UNIT) on the world stage with the Fed’s issued-into-oblivion, worthless Federal Reserve Note.How fraudulent do you have to be that you can actually destroy a fucking unit of measurement? lol holy fuck
>>528615194>Will boomers sell out once again to the banks to save themselves from a failing system that they created? One last fuck you to the country as they insulate themselves in their private tokens?
>>528612991well, your riches are indirectly extorted from the whole world and most brag about it, because they don't understand that there will be an end to it. the boomer shtick is even less true here and as for buying a house, the same rules apply here. aka normal income isn't sufficient. moving far away from the support of family hasn't been a thing before industrialisation, and even after people tended to have stable income for decades in the same place they were born in. what's the point of strugglin to have a family when your family cannot participate in that joy. fekkin kikes. damn em.
>>528614746no wonder we are fucking bankruptWait until US taxpayers figure out that the payroll taxes collected for social security, medicaid and unemployment are then used to purchase specially-issued, non-marketable US treasuries (aka Government Account Series, aka GAS) and THE US TAXPAYER IS THEN CHARGED INTEREST ON THESE GAS TREASURIES BOUGHT WITH THEIR PAYROLL TAXES. This is called the Intragovernmental Debt AND IS NOW $134Trillion (Trump just cut $18T off of this pic rel)THIS IS IN ADDITION TO THE ~$38 TRILLION everyone is always bitching about
>>528606969>multigenerational properties greatly benefit families and communitiesI've been saying that we need to bring back the extended family. I just got off the phone with my cousin and he's married with a son. He lives in his mother's house with his parents. His parents live upstairs and he lives downstairs with his family. His parents would watch his kid while him and his wife worked. He thanks god that he made that decision all those years ago.
>>528615508>your riches are indirectly extorted from the whole worldlolThe Federal Reserve Note being the fucking reserve currency BENEFITS EVERYBODY BUT THE US FUCKING TAXPAYERwe get fucked in every measure by the BANKRUPT FEDERAL RESERVE NOTE being the reserve currency:>our currency and LABOR is devalued year over year>we borrow our currency from the private, incompetent, usurious, bankrupt Fed >the whole world holds us hostage for debt, while we hold little to no foreign debt>never-ending increases in taxes to pay the private Fed's interest in its debt-death spiral>the incremental destruction of the value of our labor and purchasing power>trade deficits>kek paying out hundreds of billions in NYFed's QE policy of IORB to foreign fucking banks>degenerate gambling debt traders milking currencies with carry trades with other foreign debt-based central banks (also fucking their own citizens and hoarding reserves)>creates inflation via maintenance of a huge debt pool of securities in the NYFed SOMA that enables NYFed gambling, front-running and market rigging>enormous deficit spending due to the disadvantage of paying taxes on the huge pool of trreasuries needed to maintain the Federal Reserve's debt death spiralholy fuck that's just off the top of my head
>>528615779>multigenerational propertiesthis is the greatest challenge to the fed today, this and be able to lend family money so they don't have to borrow from the banks
going to work out, bb in 30 if thread is still here
>>528599902Fractional reserve banking is already a corrupt concept from the get go. When you set the reserve requirement to 0% as it is today, you are telling banks they can print as much loan money as they want. They no longer care if your house is actually worth what you borrowed, they did not have the money in the first place. All they care about writing loans and then packing them up and selling them to pension funds and Blackrock. There is not longer any due diligence done because bankers make money either way. Crypto is superior here, because banks can't print it.
>>528615919yes, maybe now, but that doesn't make it less true. remember how everything had to be the best and largest and cheap too? the 50s, 60s, 70s, 80s? downhill from there. it was kinda doomed since 1913, but military might makes right, ay. you're not special in getting poorer. it's the plan for everyone, innit. except of course for the ones who get richer exponentially from this mess.
>>528616044i thank heavens for the sane people left. can we avoid the self fulfilling jew prophecies? will we?
I thank trump everyday for ruining the housing market, raising the value of my home by double and making the phone generation houseless and miserable
>>528599902So you’re saying you’re a boomer?Cause this is some of the most retarded shit on this board.
>>528600810This, but he's now 6PBTID.Concur, the fag should kill himself.
>>528610420>Probably related to the cost to build such a structure these days. There’s nothing stopping you from having a two to 3 family home built and going in on the mortgage with the other parties involved in the project. It’s not at all that uncommon that families convert useable space over to studio apartments for other family members. There are plenty of multi- generational properties out there, you just have to be willing to put your name on a mortgage with other family members. That or have parents willing to accept the additional costs of buying more of a home than they already need.That actually goes back to a post I made earlier in the thread. See picrel attached which basically states:>money is basically a made up fiction that we all agree to for convenience. It's basically one of several tools that humans have invented over the years into a complex system called civilization. This kept things more under control than the old system of fighting and killing each other all the timeThat fiction is no longer serving it's function? A Smith & Wesson beats four aces. Eventually, people will just start taking shit. Do I go through all that shit with the bank or do we go Tren de Aragua and just take it?
>>528601091I bet they both fucked an entire circus of freaks and losers and crackheads and didn't demand a house from any of them. Meanwhile, while you were saving up to be a retirement plan for these hoes, the Jews kept you on a treadmill to nowhere by continuously inflating away the value of your down payment.
>>528617360Kys, kike.
>>528616814Post nose.
>>528613749That's just a convenient interpretation. Far more likely is that more of millennial wealth is in homes just because they have a paucity of other types of wealth (especially pensions), the real estate they hold isn't as good because they didn't get in as early as the boomers for obvious reasons, and less of them own houses at all - boomers are at 75%, millennials just recently crossed 50%. The fact is that artificially high home values would never affect boomers alone, they would affect all home ownership, including whoever owns one in younger generations. It would never be the case that boomers specifically would have outrageously high prices by virtue of being boomers while a millennial owning an equivalent home would not. A boomer may or may not judge their home price in an overinflated way but the Fed would never use their stated number just because they stated it.
>>528605393Boomers will leave their homes to gen x.
>>528617846There is no such thing as an artificially high housing market. Houses either sell of they don't. The only real issue with boomers is that they can afford to just sit on homes if they don't like the price they will get. That can't last forever though. The real problem is our GDP per capita is cratering thanks to immigration. No one is wealthy enough to buy 4-5br homes because they are also not wealthy enough to have that many children. Also jew feminism killed the birth rate.
>>528609481Hope you put them in a family trust for your sons so roasties can't steal them.
>>528618084boomers around here leave it to millenials and often have them pay a nominal sum that is used to cover the cost of retiring to a smaller place, like 30K. which may be what they paid initially, though a lot more went into maintaining it since. genX and even boomers had to move for income and found it in places like switzerland. now they don't need a house some place they abandoned. i can see them visiting their millenial kids. a week per year max. we have about 4 houses sitting empty nearby, going for ~100-150K. 80yo boomers trying to sell, who moved near their kids far away. the 500K ones on the other hand sell well. to investors mostly, who rent out units to airbnb. i'd say i'll praise the day when they're rounded up, but they don't live here and in most cases cannot even be named, as they have shared companies buying, and other companies renovating, before eventually handing management to some third party. those are the houses that would be suitable for large families. we shall see indians arrive soon.
>>528600965I mean...I would.
>>528616119Indians will buy them just for the izzat
>>528600794we had a poll among boomers where they asked them if they'd be willing to accept slightly lower pensions if that guarantees that future generations can also retire at some point.75% no10% don't know (which is no but too cowardly to say it)
>>528619195no surprise, when that would mainly benefit ransheet and mohammedt. where i live you cannot normally buy a house, because they are passed on in the family. same family (aka boomers) will then help to finish the house. these families usually own several houses. the few sales are from families that have been torn apart by conditions that jews have set. my pension is only influenced by what i can save and invest. otherwise i'm as fucked as john doe. it's the gov admin jobs that really cost insane amounts in pensions. and guess who has these jobs.
>>528599902This age shit is always the same, faggot longing for rules to be applied they would never want applied to themselves.They expect others to behave how they would not behave themselves.
>>528600794>t's that they expect younger people to sacrifice their income to pay for these massive entitlement programs.Your shit government explicitly states that not muh age.
>>528617846boomers over value themsleves (their skills) and their possessionssuggesting mere pittances for others and paying themselves exorbitant pensions and lavish retirementsthey have fucking sold out the fucking countryUS taxpayers paid the IRS $562 Billion in interest alone in fiscal year 2021 to borrow the Federal Reserve’s debt-based currency out of thin air in the form of bond debt$562 billion($562,000 million)Pic relatedHow it is:>US government needs currency >US Treasury prints up some bonds>NY Federal Reserve creates Federal Reserve Notes out of thin air and its primary dealers then buy said bonds from US Government>US government now has new currency created out of thin air by Fed banks>Now, US taxpayers owe interest (and principal) on said US bonds, as well as paying a fee AND DIVIDENDS to the NYFed’s shareholders, the primary dealers (the big banks), this is the ‘Public Issues’ portion of the US Public Debt How it should be:>Congress makes annual budget>Tax revenues are collected and any budget shortfall (deficit) is then new debt-free US Notes issued by the US Treasury itself, no bonds needed, no US Public Debt to issue our own currencyAre Americans ever going to realize this fraud?>when a generation sells the futures of their country and their offspring for unsustainable and lavish wealth and their offspring are too stupid to realize it
>>528620871>>when a generation sells the futures of their country and their offspring for unsustainable and lavish wealth and their offspring are too stupid to realize itWait until US taxpayers figure out that the payroll taxes collected for social security, medicaid and unemployment are then used to purchase specially-issued, non-marketable US treasuries (aka Government Account Series, aka GAS) and THE US TAXPAYER IS THEN CHARGED INTEREST ON THESE GAS TREASURIES BOUGHT WITH THEIR PAYROLL TAXES. This is called the Intragovernmental Debt and is included in the US Public Debt. The interest that we pay on Intragovernmental Debt is in the left hand column in pic related and the other interest paid to borrow the Federal Reserve’s currency in exchange for US Treasury debt (these are called Public Issues —-aka Debt Held by the Public aka Marketable debt) is in the right hand column of pic related and the creation of these Public Issues is detailed in the text in >>528620871Pic related is total interest paid on US treasuries for FY 2022 to borrow the Federal Reserve’s private currency in the form of bond debt (Debt Held by the Public + Intragovernmental Debt = US Public Debt)$718 BILLION in interest paid$718,000 MILLION in interest paid$718,000,000,000 in interest paid to issue their Federal Reserve Note out of thin air in the form of bond debt in FY 2022THIS IS ALL FUCKING BOOMER.BOOMERS ARE ALSO THE ONES ALLOWING THE FUCKING BROKE-ASS NYFED TO ROB US FUCKING BLIND TO THE TUNE OF $2B/WEEK
>>528621075>>>when a generation sells the futures of their country and their offspring for unsustainable and lavish wealth and their offspring are too stupid to realize it<<<——$882 Billion in interest paid in fiscal year 2023 (FY 2023) to have the NYFed's primary dealers issue our currency out of thin air in the form of bond debt ($666B interest on $34T of Public Issues plus $216B interest on $123T of Intragovernmental Debt)$666B lol, can't even make this shit up$1.1 TRILLION IN INTEREST PAID IN 2024$1.2 TRILLION IN INTEREST PAID IN 2025An entire nation sucked dry for one generation.
<<<<---LOLOLOLOLhow many times is retirement or pension or medical on this fucking list?wtf>coddling invalidity and greed
Housing market is only frozen until we start getting a million immigrants per month again. Real estate is cheaper than it will ever be. The US will be like Canada with $1M houses in normal working class areas of Iowa and 14 people living in half of them. Otherwise the stock market will go down.
>>528599902Key findings from Wharton and related studies on immigration and housing include:Impact on Prices and Rents: A 1% increase in a city's population due to immigrant inflows is associated with a 1% rise in both rents and housing values."Port of Entry" Effects: Immigrants tend to concentrate in specific cities with inelastic housing supplies, creating higher demand and pressure on housing costs in those areas.Wealth Generation: While higher demand increases costs for new buyers, it also generates significant housing wealth for existing owners, with 40 million immigrants contributing to a reported $3.7 trillion in housing value gains.Foreign Capital Flows: Some research has found that in high-immigrant enclaves, house prices grew 6–9% more than in other neighborhoods, with this growth often driven by foreign capital flows.
>>528599902WHY THE FUCK DID WE TURN HOUSING INTO A SPECULATIVE ASSET? THE HOME IS SUPPOSED TO BE A WARM LOVING PLACE NOT A FUCKING INVESTMENT VEHICLE.
>>528621360An economic collapse is pretty much a given at this point and I don't see how we get out of it without mass civil unrest. At that point, home values won't mean shit.
>>528622102the inherent value remains, unless they're burned down. it's the value expression in baseless fiat currency that will vanish. they'll still be homes, that make people sort of independent from the rent seeking jew. though taxes and in murrika's case HOA have already made it less of a fully owned asset. they're preparing for the final hit though. legislation here can demand a share or the full value of a home in case of national emergency. with that in place one can be sure the emergency will arise at some point. it's remortgage then, or lose it. tax on unrealized gains is another sweet method the jews have come up with and it will be applied everywhere eventually. unless..
>>528599902honestly you mutts wouldn't buy it if it was $600,000 as you'll still be complaining about it. OP is a retarded faggot.
>>528602644Look at this bot xD
>>528622612$600,000 is still massively overpriced for a 2-4 bedroom family home when just 20 years ago I could buy one for $10-40,000, depending on the location. ...and it wouldn't even have been in a niggerpocalypse zone.
>We don't have a housing crisis.true.we have an extraplanar interdimensional parasitic consciousness egregore, infiltrating this reality, manifesting via neanderkikes/herb
>>528622813this >>528621195 explains a lot. the housing problem is just a symptom of a very deadly disease. we're at T3 i'd dare say. maybe worse. it's metastasised.
>>528622813you just proved my point faggot. I can move it to $60,000 and you'll still some reason to complain about it. kill yourself faggot. you're a leech.
>>528613688oh, so you don't know... good.
>>528613688>>528623784every pizza related map has brought us to this moment. just hold still and be quiet, its turtle time
>>528601091>Relationships in the West circa 2026Will never be me
>>528624534and a machetehttps://www.youtube.com/watch?v=OiO3xlQFFZE
>>528601091so, did you finish college and did it improve the situation? you tried. not your fault it didn't work out. do girls not participate in the cost of aquiring a house, when long term is planned? or do they just go around looking for the largest possible loot in case of divorce? maybe you need to go elswhere. shame really.
>>528600686What are you proposing? You stupid fuck.
>>528599902This is a worldwide phenomenon. The other day I was walking down an old street where I lived as a child. It's a small street, but there are seven fucking houses for sale on that street.The old people are starting to die, the houses are starting to empty out, and yet people don't want to lower their prices. Soon there will be 14 houses, then 28 houses, then 56 houses on the same fucking street, all for sale, and all costing an amount that no one wants to pay.
>>528622443>it's the value expression in baseless fiat currency that will vanish...See my other posts in this thread.
>>528620871>>528621075So, what happens when all this becomes unsustainable? Or is it possible to maintain a level of parasitism that never actually kills the host, basically enslaving the entire population forever?
>>528600611stop noticing things
>>528599902>This just in, O.P. is a retard. April for channel 6 out.
>>528602025>The second law of economics is that if you can’t afford the asking price, quit fucking whiningFucking boomers lmao
>>528629122the US treasury will nationalize the Fed and issue US Notes once againmetal, digital, check, money order, smart contracts, NFTs…)if one wants real change and a strong national currency, there must be multiple forms of a currency, not just one 'savior' form, as is being proposed now with PRIVATELY-ISSUED tokenized debt-backed stablecoins'fiat' isn't the problemWHO IS ISSUING the 'fiat' IS THE PROBLEM and that the Fed's private fiat IS INTEREST-BEARING is the fucking problemFIAT, CREDIT-BASED INTEREST-FREE US NOTES ISSUED BY THE US TREASURY WORK FOR THE PEOPLE AND ARE INTENDED TO BE AN INTEREST-FREE TOOL TO FACILITATE COMMERCEFIAT, DEBT-BASED, USURIOUS, INTEREST-BEARING FEDERAL RESERVE NOTES ARE FUCKING BORROWED FROM THE PRIVATELY-INCORPORATED NY FEDERAL RESERVE FRANCHISE AND ONLY ENRICH THE NYFED’S PRIMARY DEALERS AND THEIR CRONY/POLITICAL ILK AND ENSLAVE THE POPULATION IN BOND DEBT Fiat is given value BY A NATION'S CITIZENS.If the nation's treasury is the one issuing it, fiat is not a problem.
>>528630215oops, got cut off*remember, a strong NATIONAL currency HAS MANY FORMS, never just one (fiat paper, metal, digital, check, money order, smart contracts, NFTs…)
>>528600611Because they want to know how much they could get for it in the event of you defaulting on the loan. It’s called REO. or bank owned. They hope that you fall into foreclosure. My mother literally worked for Citigroup.
>>528599902boomers really sat on these houses 40 years and never improved them at all then have the audacity to sell them at 200 to 400%. its absurd and they should die holding the bag
>>528600794The old adage of home ownership used to be that you should never buy a home or pay a rental that is over a third of your net income. Now, 3.5x the rent or higher is commonplace. Many such cases. Sad.
>>528630380Wanna get pissed off? Lookie here.
>>528599902>>But muh bank says it's worth $6,000,000.00.property tax go brrrrr
>>528599902WE HAVEANIGGERCRISIS
>>528630589See>>528630566These decrepit kikes believe that because HGTV and Zillow think that their house should sell for 400% of original purchase price, that they can list it as such. Doesn’t work that way.
I swear to God that I hate these real estate kikes and I pray for a new Luigi
>>528606471It's not hard to understand the point he's trying to make but the point is shit. If they wanted or needed to sell they'd sell. If they're listing way above market value (as in the price it will sell at within say 180 days) they don't actually want to sell. There are just as many tirekickers on the selling side as the buying side. When they want to sell they'll sell, or they'll die first and will it to a retarded charity who doesn't want it who'll sell it below actual market value to turn it over fast and actually get something of use out of it.
<<<-----Boomer Trump’s Federal Reserve Uniparty Chair candidate Kevin Warsh:-was WORKING AT THE FED DURING THE FAILURE OF 2008 lol (2006-2011)-was an advisor to Pres Bush in 2002-2006 in his NEC, dictating financial advice, led the country directly into a collapse-was employed from 95-2002 by NYFed primary dealer Morgan Stanley (another 2008-failure bailed out for $2.2TRILLION)-‘negotiated’ the very NYFed QE schemes bankrupting the country today, leaving the Fed $~245 BILLION in the hole from paying their risk-free IORB skim for the NYFed primary dealers and their ilkWe should be fucking DISSOLVING THE FED, not appointing a new chair, especially not this man, who is the very person that orchestrated the QE counterfeiting and robbery we have now.
>>528604768I have clients who are mid 30s purchasing their 6th rental. They take in half a mill in rental income. Plenty of success out there.
>>528631108>risk-free IORB skim for the NYFed primary dealers and their ilkPic rel is the Rand Paul IORB report: The Fed’s Corporate Welfare Program Released Wednesday, December 10, 2025>Chairman Rand Paul Releases New Report Revealing Hundreds of Billions in Taxpayer-Funded Payments to Domestic and Foreign Banks Through the Federal Reserve’s Interest on Reserve Balances Program (IORB)https://www.hsgac.senate.gov/wp-content/uploads/2025.12.09_IORB-Report-VFINAL.pdf>“At a time of persistent and self-imposed worsening losses at the Fed, the manipulators of the American economy continue to pay banks to do nothing but have their funds sit in a safe,” said Dr. Paul. “How can anybody, especially the populist Republicans and the entire Democratic Caucus, defend such a subsidy when supposed income inequality and the national debt is at the top of the political agenda?”
>>528631226I don't know what real estate is doing in Canada, but it's about to crash in the US
Rand Paul Abolish IORB hearing Dec 11, 2025Oversight hearing to examine the Federal Reserve's big bank welfare program, focusing on the IORB regime.US Homeland Security and Government Affairs Committeehttps://www.congress.gov/event/119th-congress/senate-event/337732And a thread on the Rand Paul ‘Abolish IORB’ hearing:https://archive.4plebs.org/pol/thread/524024672/#q524024672
>>528605362>Average home price then 250-350k>now 500-750 on the high end>1 million house>suddenly worth 6 milAh yes, you certainly have knowledge on this subject
>>528631108>NYFed QE schemes bankrupting the country today, leaving the Fed $~245 BILLION in the hole from paying their risk-free IORB skim for the NYFed primary dealers and their ilkpic rel is the people entrusted to issue our fucking currency getting paid to hoard it away from citizens lolthe fed NEVER PAID ANYONE EVER, NOT EVEN FUCKING ONCE, NEVER PAID INTEREST, ANYTIME ANYWHERE EVER BEFORE 2008
>>528630657>These decrepit kikes believe that because HGTV and Zillow think that their house should sell for 400% of original purchase price.Ha. See picrel
Kek, guess when THE BOOMERS Epstein and Bill Clinton and Larry Summers (the US Treasury Secretary 1999-2001) were all hanging out together on this chart? the late 90s- early 2000's, that's when:>bill clinton was pres>larry summers was treasury secretary>when Clinton counted Social Security twice and everyone thought we had a surplus>when they repealed Glass-Steagall b/c everyone thought we had a surplus for THE FIRST TIME IN 100 YEARS (pic rel), but that turned out to be a fucking lie, toowait until i update this chart lol
>>528605636Have you even tried building anything recently? I just framed and drywall a small room in, it was like $1500. Nobody is forcing you to mortgage a house, buy land and build. Shit will still be expensive. >(((agencies)))Appraisals still need comparibles. Shekelberg doesnt just hand out 1 mil for a crack shack in narnia. Too many opinions from retards with no real world experirnce.
>>528631375House prices have dipped and sales have slowed but nothing abnormal for Dec-Jan. Its picking up now already. Still, almost any detached homes selling for 500k+. Row houses in the low 400. I would say still +50% value post covid. Last year was alot of debt refinance though, so there is certainly people struggling! Id say +25% revenue in the business and its mostly from debt refinances. You have to understand though I see alot of retarded people who are in debt with 250k+ incomes. Some people are just terrible with money.
>>528606969this
>>528604871You can always pay the loan early troon.
>>528632312>for 500k+how many lifetimes is this
>>528602644>A bank might give a housing valuation if it's part of a loan application, but they're not just going to value it for no reason; that'll be the online valuation services making their best guess>banks know what something is worth because banks believe this oracleThis is begging the question. Once you understand how an order book works you understand OP is right but completely wrong about the mechanics of it.
>>528622443>legislation here can demand a share or the full value of a home in case of national emergency. with that in place one can be sure the emergency will arise at some pointOne of the things I've pointed out is that the idiots in charge have lost all perspective and destroyed the foundation thinking that they will be safe in the penthouse. They can pas all the rules they want, but those rules need to be enforced. How are they supposed to find people to enforce those laws if they flooded the country with uneducated slave labor and turned the kids into screen-addicted retards? The Competence Crisis is only going to get worse and their money won't matter if they can't find competent people for any amount of money.
>>528622443Also see picrel attached:
>>528600794I cant find the reason for insane levels of narcisism present in that that generation. Its like they forgot everything their elders knew and allied themslefs with corrupt goverment at expense of everyone else.They aslo have the nerve to play dumb and larp like you have the same options as them.>>528619195Is this true can you find it. Thats just insane.
>>528599902>>But muh bank says it's worth $6,000,000.00.Underaged and has never owned a home
>>528604273You are not providing shit you are obstructing others in building their homes. Its not my job to provide you with blood transfusion I say as I slit your throat.
>>528604565with 20% down it should be around $2500/mo.if you're making 91k, that's 7600/mo before taxes. about 5500 after taxes... that's absolutely doable.
>>528636135But then you'd be allocating 1/3 of your takehome to a mortgage like an utter retard.
>>528636278no it's not. muh 1/3 of your take home. it's $2500. it's a raw #.he's left with $3k/mo for utilities and basics + he gets to you know... live in a house that he apparently wants to live in.plus - typically people gain income over time. the $2500/mo doesn't change, but his income should rise, depending on his age. he might even meet a lovely lady that also makes $91k and then suddenly they're saving $5k/mo and living carefree.
>>528601091If you have 80k saved. Just buy land or a fixer upper house cash. Depending on where you want to live you could already buy a nice big plot of land. Then borrow against the value of the land to buy yourself a trailer.
>>528599902Boomers are so fucking insane that my mother got scammed by some chinks promising a real estate investment return of at least 160%
>>528601232The jewish banks and the jewish government is in cahoots is what he's saying. Banks artificially drive up home prices to make more on loans, insurance and interest and the government likes that because over valued house= more property tax. Its all a fucking jewish scam.
>>528599902Government retirement fund is retarded
It's the boomers and the banks.I know exactly how this scam works.Boomer disphit - muh house work $1 trillionBank- "yes go its worth $1 trillion" bank proceeds to make $1 trillion out of nothing and loan it out.
>>528607147>you can sell at any time goyimSure, lmao. We had a dead market here in Vancouver last year where neither buyers or sellers wanted to budge when it came to home prices. The ones that sold, lost like 10-20%
>>528601091Invest in btc, it'll rise I believe
>>528599902Jewish megacorporation (Blackrock, The Vanguard) inflating the prices
>>528599902its cause its selling at those ridiculous prices my shitty ass home in the ghetto is worth 200k...i paid 50k 24 years ago
>>528626943>institutional investors are interested in gentrifying areas
>>528636135>just have 80 grandstfu kike
>>528610571>Rugby for LifeFilipinos saying they sniff glue and inhalants for life.
>>528602141>other people are the number one pain in the ass in lifeand you want to give other people full authority over your personal property, brilliant plan there. where do you think the rules come from? not from you specifically.
>>5285999021) It's the jews2) Yet again, it's the jews3) It's always the fucking KIKES
>>528611420It's deh culcha you racist chud
>>52863720310-20 percent of their investment, or 10-20 percent down from what they were asking? Of course if the situation is what we're discussing here (you want to get out of your mortgage for some reason, probably financial hardship), then you have to take what you can get. But even if you net five bucks you end up better off then if you were renting and just got evicted with nothing to show for it. Sellers that 'aren't budging' on their price are in no hurry and feel they will get a better price by waiting and obviously aren't in financial straits (sounds like they were right if you describe the situation as something that was happening last year), and obviously are in a much better position than if they had been renting that whole time and had nothing to sell.
>>528638750Can't believe a nazi troon has hunted these (((people))) down.they all have an address.
>>528601943None of this would have got off the ground if boomers didn't go along with it thinking they were going to get a piece of the pie.
>>528599902Is that the slut from Mythbusters?
