The housing market is recovering and you're sitting here missing your chance to scoop up a once in a lifetime opportunity.https://www.mpamag.com/us/mortgage-industry/market-updates/new-listings-drought-tests-us-housing-market/579490
>>537394171>3 annual average american salary for rural house
>>537394171>4 bed>1 bathwhat the fuck. why
What's the issue with this one? It can't be urban youth since it's in the middle of nowhere.
>>537394171> in the middle of nowhere
Im selling a house. Viewings today.I hope it goes well.
>>537394394
>>537394171That's fucking beautiful, I'd buy it if I had enough money to retire.
>>537394403Rock houses like this have to be constructed properly. The rocks are porous and will absorb a ton of water when it rains. If the home doesnt have the proper sealing between the rocks and the wood walls behind, it will make mold like you wouldn’t believe. Its also in the middle of fk’n no where.
>>537396738It's probably a rock-ish veneer.
>>537397210>house built in 1920>veneer added in 2007 just before the crash
>>537394394one room for parents two kids one guest room. 1 bath is fine.
>>537394171Americans have no idea how much better they have it than Canada, they at least have options for a good home if they want to live in the middle of nowhere. That same house would be 1+ million in Canada
what jobs exist out here?
>>537394403Rural area = no jobs. No jobs = no young, working age people. The surrounding town would be all boomers living off social security. So how are you supposed to get money living there if you're under 65? Unless you wanna be a wagie at McDonald's or Dollar General, remote work will be your only option if you have decent skills. But companies have been dialing back on remote work for years because they want COLLABBORATION and CULTURE, and because boomers can't stand being around their wives and kids.
>>537394171>stones glued to cardboard and gypsum uhh any construction engineers ITT?
>>537397401I would love to livein Dad's Corner or Sturgeon Lake. Kino names for towns.
>>537396738>rock houses>is american and doesnt know that 99% of stone or brick exteriors on houses are veneersVPN or retard, call it
>>537397453>No jobsA cow can make 8 gallons of milk a day on a patch of about 2 acresYou could have 12 cows, that's 100 gallons of milk a dayThat's $1000 a day$30,000 a monthyou could pay for the place in under a year just with milk
>>537397401raccoon farmerpinecone collector
>>537397482houses dont need to be fortressss, thanks to modern physics and material science we have figured out how to make structurally sound homes out of lightweight materials. i dont know why euros are so vexed by this.
>>537397401You can create jobs as long as the location is connected by roads or ports to the rest of the world.
>>537397937100% veneer. Stone is not cheaper to build with than wood, even if every single stone is free.
>>537394171>buying a house that's already finished so you can't properly inspect the constructionThanks, but no.Build your own so you can either use local materials or compensate for shitty mass produced ones, and map/mark everything out properly so you never have guesswork after every if you're paying builders for parts of it.Learning WHAT to do is the challenge, actually making a house is easy once you know how and properly protect against moisture as long as you have free time.
>>537397903where are you going to keep the milk?who is going to buy it?how are you going to transport it?how will you keep the FDA off your back for selling raw milk you keep cool in your basement?will your next reply be a snarky dismissal?
>>537394171WTF I know this house, been in it multiple times. Nice old place, smelly basement. Not sure it's worth $234K considering the location.
>>537397937>WHEN FARMERS CLEAR FIELDS, THEY PUT THE STONES IN A PILE. THESE STONES LATER ARE (read: were before building regulations) USED TO BUILD HOUSES BECAUSE ITS CHEAPER THAN BRICK>you fucking tard.neither are cheaper than 2x4, OSP and vynal siding.
>>537398004>structurally sound homes out of lightweight materials.for about 20 years maybe then you need gallons of termite killer, waterproofing, paint, reapplied every year or two or elsemeanwhile a cheapass cinderblock house from 1982 requires zero structural help and will stay up another 40 years >inb4 but muh social mobility and jobs only gypsies move from town to town every few years
>>537394171how is this a once in a lifetime opportunity of the market is recovering, nigger?
>>537398223>considering the location.it's the only house i see in that aerial photo, what could possibly be wrong with the location? unless you mean Minnesota itself in which yeah that makes sense, but it can't be that bad in the middle of nowhere
It's a "historic" home so it'll be a fuck no from me.
>>537394403You can't get a loan on it unless you can insure it, which it doesn't follow the narrow standards of insurance companies and even if it did, it wouldn't follow the city regulations, and even if it did the bank may reject the loan, so you have to essentially pay cash and will never get a return on it.
>>537398377Just that it's far from most places. Moose Lake is the closest grocery store unless you do all your shopping at the Willow River DG. My school buddy lived there and it was about a hundred mile trip for my parents to drop me off, drive home, pick me up at the end of the day, and then drive home again. Comfy creaky floors, tho.
>>537394171I want to buy a boat and camp out of it like a hotel the floats in bays and coves. I would buy a piece of a island like this, and use solar panels and driftwood to lash together a hut to live out of. I'd thatch grasses, and use spars to make a lattice frame.Would need riparian rights so I can anchor indefinitely, but I would need to inspect the hull at low tide where I can scrape the hull and haul her out for an annual paint job.For hurricanes I would dock at the more protected marinas
It's never too late for an abortion.
>>537397401Burl harvestin', bucko
>>537394171Looks nice… I’d consider getting something like this if I worked remote or had a large stash of money and was about to retire. The only employment available in places like these is flipping burgers at the nearest truck stop which is a 45 minute drive away.
>>537394171you faggots should've bought a house when COVID was happening.you could've gotten a 2% mortgage rate lock-in and bought a house at 20% discount.
>>537394171uh. what's the catch?
>>537398763most of /pol/ was probably underage during covid
>>53739417...>>537398315It's in upper Minnesota. It's so cheap because it's as cold as Siberia. In the US only interior Alaska is colder. It could be an amazingly well constructed, all stone house and not be worth that price because you have to take your snowmobile, not car, 10 miles to some tiny town to get food nine months out of the year. Only retired people could live there without a job. But besides the boredom, they would die from some winter related accident and no one finds their corpse until mosquito season.
>>537394171>McGrath, MN>Population: 41
>>537397401Harvest mushrooms and sell them to restaurants.
>>537398763>you fool, why didn’t you buy a house 6 years ago when you were still in high school
i work with guys who bought houses in the middle of nowhere. they end up having a 90min commute, are always mad, spend 8hrs a week mowing the lawn and the rest of their free time cultivating a failed marriage due to too many stressors.
>>537394330That house is stunning though, I doubt you can find such a nice house at those prices in an other country.
>>537398836>It's so cheap because it's as cold as SiberiaI recently asked AI which US states have a climate similar to Central Europe and it's only a handful of places turns out a huge part the US is either mexican desert or Siberia minus the pidors
>>537399012Now you know why, despite all the complaining you hear about it, California is still where everybody with “fuck you” money wants to live
>>537398756No Internet except crappy satellite. Better hope starlink gets better before they fire you. >>537398895Your parents then.>>537398923More like three hour commute one way.
>>537399207and they always drive an f250 to work and complain about gas. i fucking hate tradies, theyre all just addicted to being miserable.
>>537398102God dammit, you're so retarded im actually becoming annoyed. Im nearly immune to ragebait so this is something special. Quadrupling down over not wanting to admit the house isn't veneer seems like such a waste of time.
>>537398923>houses in the middle of nowhere>a failed marriage wife mad there's nobody to cheat with sad, many such cases
>>537397401The only economy out there is catering to people driving their ATVs in the summer, e.g. a gas station and a local bar. The lack of lakes makes it a tourist desert. Why the fuck would you go to McGrath when Mille Lacs is right there?Might be good for hunting in the winter but that's a declining industry in Minnesota.The only thing you could potentially do with that land is a tree farm which doesn't require you to stick around for the 20+ years it takes to grow before harvesting.Beyond that you're basically living in a giant forested swamp with especially shit weather.Great if you're an independently wealthy ogre. Not so great for anyone else.>>537397903LOLThere's this thing you may have heard of called Wisconsin.They produce so much milk the government built an underground cheese vault to keep them afloat.
>>537399207Starlink is better than cellphone internet, it's like 30 to 90 MbpsYou can stream on the open ocean at 480p 3-6mbps upload download, but it cost a pretty penny if you are streaming on the ocean.
>>537397903who the fuck is going to buy 10 dollar milk 100 times every day?
>>537398923>>537399207>More like three hour commute one way.Oh, it would if they were normal drivers. State Highway Patrol only comes out to those areas on major holidays. Any given Tuesday and you'll see F350s flying down county roads with a quarter mile dust cloud kicked up behind them.>>537399288>theyre all just addicted to being miserableAnd Leines.
>>537394171This is that property. 2 hours from Minneapolis which is the closest anything.That is overpriced. That house, as nice looking as it is, should be aroind 80k. You're literally in the middle of nothing with no stores or work anywhere reasonably near you. I hope remote work takes off more so living in the middle of nowhere is more viable to alleviate housing costs, but damn you really have to like isolation for this to work for you.
OP, your own link says there's a major supply crunch occurring. When demand outstrips supply, what happens to price? This is high school economics
>>537399012>>537399150Yeah, pretty much just California is reasonable. Either winter is horrible or summer, or somehow both. Many slightly less than "I can afford Santa Barbara" rich Americans buy two houses one in a reasonable summer and one in a reasonable winter place. That has its problems though, like leaving your property unattended in the worst part of the year.>>537399759You really hate trucks. But that is snowmobile country. You'd have to rent a garage near a major road then drive your snowmobile to it. Which is probably fun the first few times, but a pain in the ass as a commute.
>>537399798I'm a remote worker in Minnesota and I would not fucking move there.We have a thing here called snow. It's annoying enough in the Cities, but at least we have an army of plows to clear it when a few feet of it falls from the sky.McGrath is competing with Red Lake for bottom of the priority list. Also gods help you if a power line goes down. No power = no water. Sure you can boil snow on a wood burning stove but that gets real old real fast.
>>537397845Veneer or not, if their isnt adequate preparation for the water that will get between the stone/veneer it will mold the wood. clearly you have never built a house in your life.
>>537397093Dont underestimate how retarded american home builders are.
>>537400234I used to live 5 miles into a gravel road in a rural and snowy part of the country in my 20s and early 30s. We had to plow our own road all the way out to the highway. There were 4 other families that lived on that stretch and we all owned plow tractors. It was kino. Snow would start and we would all start coordinating our routine. Sometimes we would all get snowed in for days due to blizzard conditions and chill on snow machines getting buzzed up. Then the plowing dance would begin and we would knock it all out in a day or 2. Never felt more like a part of a community since those days. I still talk to all of them more than I do my own neighbors now. Take the rural pill.
I would be a king nigga
>>537398446Anon found the real reason. Lmao, have fun doing repairs on a home in the historic register.
>>537401464I bet the bedroom has mirrors on the ceiling and they drink pink champagne on ice
>>537394171>Grath, MN>There were 41 housing units at an average density of 110.4 per square mile (42.6/km2). The racial makeup of the city was 93.85% White, 1.54% African American, 1.54% Asian, and 3.08% from two or more races. Hispanic or Latino of any race were 15.38% of the population. 72.3% were of German, 10.6% Norwegian, 6.4% Czech and 6.4% Danish ancestry.>There were 26 households, out of which 23.1% had children under the age of 18 living with them, 46.2% were married couples living together, 3.8% had a female householder with no husband present, and 50.0% were non-families. 42.3% of all households were made up of individuals, and 15.4% had someone living alone who was 65 years of age or older. The average household size was 2.50 and the average family size was 3.69.>In the city, the population was spread out, with 32.3% under the age of 18, 7.7% from 18 to 24, 23.1% from 25 to 44, 23.1% from 45 to 64, and 13.8% who were 65 years of age or older. The median age was 39 years. For every 100 females, there were 80.6 males. For every 100 females age 18 and over, there were 91.3 males.>The median income for a household in the city was $24,250, and the median income for a family was $23,750. Males had a median income of $23,750 versus $0 for females. The per capita income for the city was $9,540. There were 18.2% of families and 12.7% of the population living below the poverty line, including no under eighteens and none of those over 64. Interesting statistical anomalies.
>>537401735https://www.zillow.com/homedetails/6P-Rem-Ben-Runnels-Cut-Saint-John-VI-00830/461046355_zpid/I would get this one instead
>>537402025>$20 million dollar price differencedamn that beach is a bitch
>>537402224Yeah but it you could get a pirate yacht and build a wharf around it after running aground and it would be a place to play poker. It could be a metal hull ship so it turns into a reef.
>>537402356>pirate yacht >build a wharf and call it The WhARRf see what I did there?
>>537400996You see that sounds like a lot of labor and additional capital investment to me.Now if you're prepared to be snowed in all winter I suppose that's okay.I like having access to fresh meat and vegetables in the dead of winter.>>537400050I don't hate trucks, but your solution is absurd. Instead of renting a garage on the highway why not buy a house closer to the highway?
>>537394171>The housing market is recoveringKeK!!! It won't "recover" you fucking idiots!!I wish I had a life and didn't have to be on 4chan all day. I keep explaining how things work and yet I keep seeing the same midwit takes that I made like a thousand comments logically proving that it's bullshit.I hate you, you fucking midwits. You only ever respond to whatever stimuli is right in front of you at the moment, you never think about anything. Never question anything, and never wonder about anything.Why do you think the housing market is the way it is? And if you don't even understand that, why would you think that you can predict anything about it?Shouldn't expensive homes mean people could get rich building homes? Shouldn't that, in turn, mean a lot of homes would be getting built? Why then can landlords find a new tenant in a day for an even higher price and easily rent all of them out at high prices? Why are millenials not just buying land 1h or 1h and a half away from a big city and making a wooden home in it and being rich compared to people who pay mortgages?If you don't know the answer to those questions, you don't even understand any of what's happening. You're an NPC, you just respond to stimuli with no thoughts, and don't know how anything works. You can't possibly know what will happen in the future. But I'll tell you: Home prices are never going down, because they are government enforced via not allowing more construction. Government enforced prices do not go down like market prices. To pretend home prices can go down is like saying that less people will pay taxes if they start disliking government agencies. It's not how it works.
>>537402538Ship wrecks are aesthetically pleasing and I think all it needs is a pirate casino.
>>537394394>>537397330wtf my 1500sqft house has 2.5 baths
>>537397401>what jobs exist out here?That's the joke. Nobody that comes into these threads to e-cry about they're not home owners has a job now, and none of them intend to get a job ever anywhere.
>>537402671I'd invite Mr. Whorf to my pirate Wharrf to play Klingon Poker (loser must impale himself)
>>537402607>Create LLC>write it all off>take a loss every year>pay yourself to upkeep the property>its free equipment after a few years of tax write-offsOwning land isn't for plebs.
>>537402743Today you brag that you have a home and a job, tomorrow you may find yourself bragging that you ate meat last month and electricity works for you. You are exactly what Epstein meant by goycattle.
>>537402025>average daily temperature 75F-88F>insanely expensive housingIt's shit like this that makes me wonder if David Icke is right about the lizard people.None of those houses have A/C as most barely have walls.Who the fuck pays through the nose to live in perpetual 80F weather?>>537402743Bruh, we're all homeowners mogging on the shills.
>>537394415literally kek. even for minnesota standards
>The median income for a household in the city was $24,250, and the median income for a family was $23,750. Males had a median income of $23,750 versus $0 for females.
>>537403168Today you brag about being a neet but eventually you will brag about having to leave the house and start working for moldy bread until you get sick and die.
>>537402607Yes it's absurd. That was my point. This house is not for a wage laborer. That's what this whole thread was about. Anyone with a quarter million to blow just on their housing and no need for a job should go live on a beach in Costa Rica.
>>537403302*catches fly*Lizard people aren't real, take your meds.
>>537397453Just learn to code and work from home.
>>537395958It's crazy how none of the dudes there now would be able to start families because they're not considered Chad.
>>537403032Have a cousin who did exactly that. wrote off his F350 for "transportation of professional equipment."He's a nurse.That said:>pay yourself to upkeep the propertyPay yourself how? The earned income credit is not as big as you think.
>>537397401You're supposed to have crypto so you don't have to worry about that
>>537397903tell me where you're selling a gallon of milk in the midwest for 10 dollars a gallon
>>537403603with shit internet and literally nothing around you. the town has a single bar and a median age of over 51 years old. nearest restaurant is 12 miles away
>>537398895I did! I got myself a paper route and saved up. I was able to buy a house before I could legally drive a car. Now I’m sitting pretty. Most people my age don’t want to work, though.
>>537397903>$10 milkAre you 12 years old and you don't buy your own groceries cause thats fucking retarded.
I can't afford a home (flag is USA cuz I'm here till July)
>>537394171Buy an ad realtor scumbag.
>>537403825>nearest restaurant is 12 miles awayAnd they all serve the same Waffle House tier food.Hope you like eggs and hashbrowns! And watery coffee. On the plus side we do have the best bacon in the world but I can get that here in the Cities.
>>537402681Excuse the German, he's used to 400 sq ft cuckboxes in the city
Yes, prices in San Diego dropped so much that I can buy a $500,000 condo with a $400 HOA and a >6% interest rate
>>537404600Interest rate doesn't matter, if you pay cash. You don't have a half million in cash anon? If you only have a quarter million in cash you can get this lovely home in the middle [arctic wilderness.]
>>537394171The closest Walmart is an hour away!!
>>537399001It is a beautiful house, and comes with 25 acres. But it’s like the witch’s gingerbread house in the middle of the woods. More than 20 miles to the nearest grocery so almost homesteading out there. Only one bathroom but that can be fixed.It’s next to an ATV / snowmobile trail so at least you can get around in the wintertime.https://www.realtor.com/realestateandhomes-detail/23454-Kestrel-Ave_Mc-Grath_MN_56350_M98694-90588
>>537398315America simply has no need for houses that get built and stay built for most of a century. We would not then need to pay for contractor work, leaving the contractor's GDP on the table, nor would we need financing for employing them, which leaves bank GDP on the table. A house that gets built and stays built will not need lumber or drywall, it will not spur the purchase of tools, it will require less insurance; it is the slow death of the economy in every fashion. And don't even get me started on the effects of houses that can be passed down for generations without renewing the financing or needing to spend more money.
>>537403883Underrated boomer bait
>>537407704The man who goes around town with a sack of rocks breaking every window he sees is a hero who creates countless jobs for glass repair companies
>>537405351You don't have half a million in cash. If you did, you would understand that it would be retarded to use it to buy a house, when you could use some jew banker's cash to buy the house and then still have your half a million in cash to invest in something else.
>>537394171>one bath FUCK OFF!
Sorry to butt in, but I work from home 100% and would love to buy a house in a remote place and live there for the rest of my life. Unfortunately the USA has denied me entry because of my /pol/ post history.
>>537398315>>537407704You are both retarded. The average American house will last indefinitely as long as you do the same basic maintenance you would do with a house anywhere else.Wooden studs, drywall, flooring, etc will last basically forever unless there is a catastrophic fire or flood or something. The only thing that has an actual lifespan and will need replacement is the roof. Shingle roofs will need to be replaced after 20-40 years, metal roofs will last 60-70 up to 100+ years. Virtually all American homes last until they get destroyed in some kind of natural disaster that would destroy any kind of house, or because someone tears down a house to build a bigger house on the lot. >then you need gallons of termite killer, waterproofing, paint, reapplied every year or two or elseNot even remotely close to being true. You don't know shit about fuck and are trying to cope because you live in some shitty concrete rat cage built by communists because you are a poorfag from a poorfag third world shithole country.
>>537394171>negative birth rates>no immigration >politicians who do everything in their power to keep home prices artificially high will potentially get guillotined in the near future >mortgage rate ~6.5% >property taxes rising nationwide, because local governments are brokeHouses currently looks like a shit investment
Guys are we getting another housing bubble? it smells like it.
>>537407915>doesn't understand compound interestYikes. Let me know when you find a compounding low risk investment at 6%, retard.
You guys need to pump those numbers up. Its America, and in America you do everything to be the best goddamit >:(
>>537408456>the same basic maintenanceThis is a statement you make when all you've ever lived in are stick-and-drywall houses and think the maintenance they require is "normal." Look at the OP, house is still standing 100 years later because it's not stick-and-drywall, and it never required the "normal" maintenance of a house that is. They stay up when and if you're consistently taking out a second mortgage every decade or two to refurbish it. There are stone houses from the Neolithic that are still standing.>POORFAG POORFAG THIRD WORLD POORFAG POORFAG COMMUNIST POORFAGThe screams of the insecure.
>>537407915>You don't have half a million in cash. If you did, you would understand that it would be retarded to use it to buy a house, when you could use some jew banker's cash to buy the house and then still have your half a million in cash to invest in something elseThis. Because they will keep the money printer turned on (and probably turn it on even more)But. There is the SLIGHT CHANCE that they will turn the money printer off and crash everything and then do a bail in (see picrel)
>>537394171I sold out my short distance future to buy home with some of my 401k money. Now I can pass a home down to my kid
>>537397330You Germans are insane. Isn’t it common for houses to only have 1 bathroom over there?
>>537410148This is the opinion of someone that has never worked on a house regardless of its age and probably never even stepped foot in a house built pre 1960
This is why no one is buying.
>is recoveringEveryone is leaving voluntarily or got deported.
>>537409811>54 1/2 bathroomsAre you trying to traumatise indians you fascist?
I got 60 grand after 12 years of buck breaking without any subscriptions and about 50 dollar food budget a week no idiot box even and just electric bill and internet in a 1 room rent..So where's the houses I can afford after 12 years of hustling for pennies, full time?
>>537411255Kek.I saw that number also. 54.5 bathrooms and 39 bedrooms is a menace lol.
>>537394171Looks comfy af. But only 1 bathroom? Tbf I guess people can just shit outside no problem.
>>537403501you are fucking retarded and don't even know what point i was making
day of the pillow when
>>537394171How many Somali neighbors?
>>537394171Most software engineering jobs are either hybrid or on-site, and in large cities where the housing costs are stupid high. I don't have the opportunity to cash in on this.
>>537397845Not with those floors. That house is old as fuck.
>>537410461Paying jews to use their printed money just make you their slave. Buying a house with debt when you don't have to is just as stupid as investing on margin.
>>537397401Changing diapers for your boomer neighbor.
>>537397903I am in the grocery store right now. Milk is $3.79 a gallon, and this is a higher cost of living area. The most expensive brand is selling theirs at $5.08 a gallon.And you will not get all of that for yourself. That takes into account delivery costs and the store's cut.
>>537394403>middle of nowherelol that's the problem. if you aren't rich then you need a job, but there's no jobs there. if you are rich and don't need a job, there's nothing to do there.
>>537409811This looks horrible, and so much wasted space on a driveway around because?
>>537394394It's how homes were built in the old days. Bathrooms were a luxury and they ran less plumbing
>>537413215>90% of the wealth is captured by 1% of the population>hurrrr durrrr lets get mad at people born during a certain set of yearsYou are jewish.
>>537394394>built in 1920
>>537413215They are counting billionaires in that data...
>>537397401professional sneeding
>>537414236>They are counting billionaires in that data...This. And it should be median wealth because boomers are a huge generation so it skews the data. Reddit-tier data presentation
>>537414343>professional sneedingI bet work at the sneed factory is a dream
>>537396738Do you mean the spaces between the rocks, or that the rocks themselves have tiny holes in them?
>>537414236That is also not per capita wealth. Boomers are still the largest population cohort, so of course they have more wealth.
>>537394171House is on 25 acres.Middle of nowhere but 20 miles to big city. If it wasn't so cold I would scoop this up.
>cannot afford a $500 medical bill>'can' just up and move to a $250K domicile in the middle of Bumfuckville
>>537394330>3 annual salariesThese are for Americans not pajeets, saar
>>537397903It's 25 acres but still enough for a livable income. Plenty of remote jobs available as well as other angles to do this. But it's not plug n play so gen z misses out.
>>537394330>stacked stone home that will last longer than 5 generations with minimal upkeepBuilt for White nuclear families
>>537394171How many days is that away from the nearest civilizational cluster ?
>>537397384Preaching to the choir here....Harder to get into the states as a leaf than any thirdie has it.
