>boomer puts their overinflated house up for three times it's value>gen z and millennials don't have the money to pay for itSo who is going to buy these houses?
>>537916708>So who is going to buy these houses?Haven't been to Texas lately I take it?A dozen jeets will buy it and then rent it to another 40 and all of them will live in it.
>>537916708They will drop price 9 one they will need k money for cancer medication/benzos
The market, whether it's a family, a bank, or Satan is irrelevant. If you have any problem with this you're lazy
>>537916708>So who is going to buy these houses?Pajeets
>>537916708Indians, Chinese, and Israelis
>>537916708why our good friends at (((The Bank))), of course.
>>537916708Do you know how economics work buddy? If the price is too high, it will be hard to sell until the price is lowered. Basic fucking shit. You have to be a jew or a fucking retards to post this.
Boomers are going to figure out, in the next ten years, that selling their house that they bought for $9000 in 1959, for what zillow says should be 4 million dollars fair market today, will be as difficult as a zoomer getting a job. When these boomers start squealing and reee'ing like stuck pigs that things are not okay and changes need to be made to improve conditions, we will need to be there with a tactical snort of a derision and reminder to hit the bricks, go talk to the real estate office lady in person, and give her a good firm handshake and say: "My house is worth four million dollars, at least! not Thirty thousand dollars.The Customers are over there, toward the mountains.
>>537916708Chinks, jeets, and Blackrock.You're welcome.
>>537916708Private equity/Blackrock
>>53791670810 Indians
>>537916708They will die and not care where it goes.Much with everything else they have done in life
> be me> can’t afford houses in my area> move to flyover town because of boomer advice > find a house I can actually afford> immediately get slapped with a $20k sewer line replacement, $5k water main repair, $15k electrical replacement to meet code, $30k structural repairs, $7k of pest control services, $10k drainage systems to spare the foundationGee thanks boomers. I’m really glad I got into your pile of shit you failed to maintain or at least not wreck. What a bargain!
>>537916708Sandeep will buy it for his 23 cousins that just arrived.
>>537916708zoomers ands millennials are still going to be buying them, just by taxes for somalis and indians instead of themselvesI'm sure it varies by state but there's an absurd amount of money for 'down payment assistance' that effectively only immigrants can get. I'm probably not even aware of all of it but it's at least $50k
>>537917033That’s literally not how economics actually works dumbass. Houses are not a free efficient market. These boomers have too much stake in over-inflated home prices. They’ll just borrow against the equity over and over to get the cash they miss out from a sale. The home equity is ending up in the hands of bankers one way or another.
>>537917033Unfortunately, wall street disagrees and buys them to leave empty an awful lot of the time. There are too many artificial incentives to investing in real estate and that needs to change.
Boomer: I need to sell my 4 million dollar house and I'm willing to make a deal.Poojeet: Yes Saar I am computer science and have been saving up for a 50 year mortgage. I offer you 2 million dollars.Boomer: You're crazy, 3 million final offer.Poojeet: Deal.Boomer: whaaaa? Three million dollars for this cardboard sack of shit? How much is is the monthly payment on your 50 year mortgage?Poojeet: $2600/month.Boomer: Jesus Christ you make old age related death less painful. This is obviously some sort of punishment engine.
>>537916708They will sell it to other boomers...
>>537917181My mother made a point to tell me and all my friends multiple times that she was just going to shoot herself in the head when she got old. Now that she’s 70+ her plan is to sell everything my dad worked for to pay niggers to wipe her ass in a nursing home until she gracelessly expires.
>>537916708Blackrock
>>537916708>no longer want to liveyou'll always find someone willing to live there, it's just a matter of the price >but some homes don't sell even for 100 bucks!because they are run down shitshacks you'd need to invest 6 figures into to make livable, which means the real price is six figures + $100
billionaires and big capital firms will buy themthey will own everything and you will just be a landless peasant
>>537917270there's no reason for a banker to borrow the boomer 500k with the house as collateral when the house is worth 200k at best.even bankers try to make money, anon. houses have no intrinsic value if you cannot sell or rent them out to someone. then it's just shit that sits around and eats your money with maintenance.
>>537917372>thinks the price is 4 million at 6-7% apr>For a $4,000,000 loan over 50 years at a 6% APR, the monthly payment is approximately $25,745, with total interest paid of $11,447,000. At 7% APR, the monthly payment increases to approximately $29,830, with total interest paid of $13,898,000.Even with perfect credit to even buy that house there's a hidden cost, then you factor in taxes each year too of like $20,000
>>537916708The government
>>537917193>What is a home inspectionYeah some of that you wouldn't have found out, but dude you missed obvious shit before buying
>>537916708Migrant niggers on a 0% loan
>>537917720Yes ultimately fannie mae and freddy mac pay with gov bailoutsDeport and loans go bust
>>537916708Amazon warehouses and data centers.
>>537916839ThisJust import more H1B genius so boomers can die in their (entitlement) luxury while the rest of us sleep in our cars or are forever reverts to H1B geniusBoomers were born in luxury, lived through luxury and are entitled to die in luxury, put the tap on my grand, grand, grand children he'll be born eating the bugs anyways
>>537917193Who forced you to do all that shit?
>>537917688>Even with perfect credit to even buy that house there's a hidden cost, then you factor in taxes each year too of like $20,000You can rent a house like this for $10K. SF Bay/Silicon Valley area is full of $2M houses that require $400K down and $12K/month that you can rent for $6500/mo.
>>537917751This. I got $70k off my first home getting a quote on the shit that needed to be done. Then I didn't do any of it.
>>537916708let them eat cake
>>537917033What are you talking about? It's great for laundering money for the Epstien class.>Make illegal porn and sell drugs abroad>Buy overpriced house in US through shady Jew banks>Sell at loss>Dirty money is clean just like thatHousing has stagnanted in price increases for years now if you consider fees and taxes but it's still selling because it's pure money laundering. People are paying in cash without loans and banks like HSBC don't care and authorities overlook it at all levels. I pointed out HSBC because they did actually get caught but the fees weee trivial for working with the cartel.
>>537917386This doesn't sound like feasible strategy unless boomer has discovered fountain of youth
i feel like 1 million should get you like at least a mature orchard or something. millenials seem to think its worth for walking distance to a trendy bar.
>>537917676Why don't they already just do that?
>>537916708Eventually the government's answer to this problem is giving American citizenship with purchase of any overvalued McMansion in the states. If you're part of a drug dynasty family in south America, you're already as American as apple pie welcome home.
>>537918039>People are paying in cash without loansThen how are the banks involved?The real money laundering is in "Art."
>>537917091you and anyone saying that boomers will not be able to sell their houses are dead wrong and don't understand what is happening. the banks are collaborating (one could say conspiring even) to buy up all houses to any price over the course of the next twenty years. instead of passing on generational wealth to their (non existing) progeny boomers will exchange their hard assets for a hyperinflation paper currency. boomers are getting a golden retirement while their progeny will get nothing, and they better be happy about it or else. this engineered transfer of wealth is what they call the "great reset".
Is the housing market ever not going to be perpetually shit? I'm 34 I want a fucking house already.
itll be back to normal in like 15-20 years but since nuclear war is only 5 years away i wouldnt worry about it
>take out reverse mortgage and spend it all>die leaving nothing to anybodyboomer win
When mine pass I plan on turning it into an Air BNB.
>>537916708>So who is going to buy these houses?blackrock, private equity
foreigners and blackrock will buy themboomers will fuck off to places like thailand or phillipines and blow the money on third world scammers
>>537918892This guy has an interesting analysis of the problem, but you have to translate from bongistan housing terminology. It applies everywhere though. We have over-incentivized housing as a capital investment instead of the expense it is. https://henryfudgeofficial.substack.com/p/the-housing-theory-of-everything
>>537917193>buys shithole due to his own poor decision making HOW COULD BABY BOOMERS DO THIS TO ME?!?!
>>537917091>When these boomers start squealing and reee'ing like stuck pigs that things are not okay and changes need to be made to improve conditions, we will need to be there with a tactical snort of a derision and reminder to hit the bricks, go talk to the real estate office lady in person, and give her a good firm handshake and say: "My house is worth four million dollars, at least!They'll just vote themselves buyersBlackrock et al, taxpayer/debt funded
>>537917688>Even with perfect credit to even buy that house there's a hidden cost, then you factor in taxes each year too of like $20,000He'll just rent it to other 50 jeets, each paying $1000/m.
>>537917193Nigger. You are still listening to boomers after this: Go 2 College -> Go 2 College but never Liberal Arts -> Learn to STEM -> Learn 2 Code -> Learn 2 Trade.Boomers and Xers are mentally retarded. Boomers are still mentally in the 20th century. Boomer Advice will destroy you. ALWAYS DO THE OPPOSITE OF WHAT BOOMERS SAY.
>>537917685My 94 year old grandmother decided last year she wanted to buy another investment property for some reason. They have her a 30 year mortgage. Imagine signing that paperwork with a 94 year old woman and keeping a straight face.
>>537916708>those houses are in places young people don't want to liveYoung people aren't buying houses, so...>boomers will be selling their houses over the next 2 decadesSo by the time those young people can afford a house they won't be young, and those places might be what they want then.People in their 20s who were raised near a big city usually want to at least stay close to a big city. When they reach their 30s and 40s they will no longer want many of those things that the big city provides. Then it becomes a matter of adding up the positives and negatives of different locations, and making a choice. When I was in my 20s I had no desire to move to small towns or away from major cities, but not because I actually enjoyed the city. I just didn't know any different and didn't feel the need to switch things up. Once I entered my 30s I finally started viewing small-town life in a better way, and now that I'm in my 40s I specifically want to get away. The only issue is money. I didn't make enough in my 20s (or acquire appreciating assets) to escape yet, so I've been hustling in an attempt to retire early to a small town
Blackrock and Vanguard, who will rent them to jeets and get paid with section 8 housing assistance moneyThe jew takeover of America is 99% complete, we'll see total White Genocide by 2030 and none of the "muh guns" faggots will do a damn thing about it
>>537919260>die leaving nothing to anybodyAnon their children just inherited their debt
>>537916708TOTAL ECONOMIC BOOMER DEATH HAHAHAHA
there are no houses in the US, what the fuck are you talking about?a cuckshed made out of OSB is called a birdhouse
>>537916839Horrible but true. There is literally over 1 Billion pajeets ready to migrate to the middle of bumfuck nowhere, USA, and the banks will happily conjure up fake debt dollars to lend to them so they can buy out the boomers. The cost of living will never be allowed to go down
>>537916708>who is going to buy these houses?People with jobs, savings, and credit? Is this a trick question? This thread is as fucking retarded as the "How do we fix birth rates/where do babies come from?" threads.
>>537918129Organ transplants from anyone under 40 who has no hope or future due to debt
>>537919622The only poor decision we made was not killing every last one of you in 2020, you and your kike masters
>>537917270You're not far off.The (((financial industry))) makes "zombie corporations" possible, and the same can be done with boomer homes>zombie corporations are losing moneyBoomer houses going down in price>corporations borrow against assets Boomers borrow against home>borrowed money is used to pay for the continued existence of the corporationBorrowed money is used to pay for the continued operation of the home and the boomer living in it>when assets are eventually depleted, the corporation will be broken off into pieces by the banks and then used for their benefitWhen the home equity has been tapped, the bank will take the house, but that won't happen in the boomer's lifetime.Kikes and boomers can just extend this charade their entire life. The market will remain irrational longer than YOU will remain solvent
>>537916839As usual the immigration schemes of western nations are just a desperate search for retarded bagholders, whether it is wage or property or education or some other misvalued asset, the entire plan exists solely to scam someone stupid enough to not realize they are being ripped off.
>>537917320>Unfortunately, wall street disagrees and buys themThen that's the actual price. You can't just stick your head in the sand and pretend that Wall Street doesn't exist or that's influence on the market is invalid.Why is Wall Street willing to pay these prices, that's the question you should be asking.Instead you'd rather seethe about boomers selling things at the price they sell for.
>>537919818You can refuse inheritance, and should if it's obviously negaitve.For now at least. I wouldn't be surprised if the Ultra-Kike-Boomer-in-Chief passed a law to force inheritance debt down to kids because the only groups he folds harder to than the kikes is his own Boomer ilk.
>>537919818That is not how inheritance works. The bank gets the house, they don't get to just move the mortgage to the beneficiaries.
>>537918415Banks sell houses too, usually at a massice loss to Epstien class
>>537917033>Market literacy of a high school kid one lesson into economicsPeak dunning-kruger
>>537919498We turned housing into an investment because we have no other place to put money in an inflationary economy.
>>537916708Blackrock will buy them all using lical proxies LARPing as local property buyers.Their end goal is to be the supreme landlord over a nation of renters.
>>537920420If it's the first lesson it's the first lesson because it's fundamentally true you fucking retard.>Hurr dunning krugerNow that's fucking irony.
Companies to rent it to you and immigrants who are ok living 14 to a house.
i stand to inherit upnto 4 boomer mcmansions and i will sell them to the lowest bidder just to fuck the market more
>>537920189they aren't even "bagholders" they're getting the money from government programs paid for by everyone elseyou can get a ton of 0% interest loans that never have to be paid back until you sell the house
>>537920799>no uYeah, great rebuttal retard
>>537917193>city fag whining about electricity sewers and bugscityshitters am i right, rural CHADS?
>>537916708>So who is going to buy these houses?A multi billion dollar company Then they will rent it out forever
>>537916708By that time the jewish republican party will have established a dictatorship and they will import 30 million israel-loving jeets
>>537916708Banks will buy them (the money is made up). And increase the prices. No need to leave anything behind for your children/grand children, especially as things get tougher.
>>537916708Boomers borrow money via reverse mortgages and HELOC loans they plan on skipping when they die before paying them back. Banks get these and sit on them forever, they get used as assets in their portfolios for financial leverage. All this is certainly sustainable and not a massive economic rugpull on everyone beneath the boomer generation and early gen-x.
>>537916708government/BlackRock will buy it and give it to non-white immigrants
They'll sell to the jews at Vanguard and Blackrock, who will then settle illegals and/or niggers in to that location and send the rent bill to the Government which makes (you) pay for it. Pretty nice scam the jews have going, innit?
Any home that was lived in for 10+ years by the elderly, especially an elderly widow, is going to have be gutted due to general neglect.
>>537916708Even if they sell so they can move to a smaller home, the new home costs just as much.
>>537917193>bought a home without a home inspectionBoomers are gonna get away with everything because they are right, zoomies are shit eating retards.
>>537919726Lemme guess -- she has at least one struggling grandchild that could desperately use however much she pissed away on that down payment?
>>537916708I am. But not with money.
>>537916708God the thought of baby boomers destitute and rotting away in some tomb they can't sell to travel like they planned gets me ROCK hard ;););)
>>537922469not really unless theres bad water intrusion
>>537916708>whre yougner people no longer want to live*can't afford to live
>>537917480Here's a fun fact for you, Anon. 10 grams of DNP is well over the lethal dose for even the most morbidly obese human. 25 grams of DNP is $100 on the clearnet. Just remember that it has a 36-hour half-life.
The antisemitism in this thread basically proves that housing isn't over priced
>>537916708Why not give it to their children instead of “selling” it to them?
>>537916708Buy? I'm selling mine to a private equity company in advance of my death. I'm going to live to the maximum wealth I possibly can and leave nothing for my family or others. I had to pull myself up, so should you lot!
>>53792466470% of inherited homes immediately go on the market.
>>537917033The jew bank will buy the property for pennies on its value then lease it to Indians and niggers using subprime loans
>>537916708no one. they will rot like they do in Japan. small and mid-size towns will have population problems soon.
Stop referring to banks as Jews. Your jealousy is no excuse to commit hate crimes
>>537924938Jew.
>bulldoze the vatican and inner city of london>lol
>>537924938jew
So more mass immigration propaganda.
>>537916708A developer or a hedge fund like Black rock, obviously.
>>537919951> ownNo, mortgage> homeNo, houseFuck I hate the real estate industry so much>t. GenX, bought first house at 42 because of serial recessions, deindustrialization, niggers, having to move repeatedly for jobs, etc.
>>537920225We can hate both since the boomers are effectively being paid off to destroy the country.
>>537916708The Chinese and Jeets.
>>537916839You may not like it, but this is what the future looks like.
>>537920849As much as I hate you for being a leaffag, this strategy has much to commend it.I've always advised people not to factor their houses into their savings/investment plans or net worth calculations. House assessments are political shenanigans, and there's no telling what they'll be over the long term. Some people live like rootless cosmopolitans based solely on house value and wages and such, but they rarely have any real net worth once you count up all the losses. Like how every time they buy a house the mortgage interest curve resets to the front end, the fattest part.
>>537916708Developers buy them and rent them out to illegal families.
>>537916708>who?Does it matter? Globohomo jews will just bring buyers in from wherever in the world and give them dibs and priority treatment. Did you think we have rights to life and dignity as a people here dude? We’re cattle in a goyim economic opportunity zone.
>>537922331You can't even get out of your parents' basements, wtf are you going to do with a HOUSE, which is a full time on call 24/7 job to maintain, and at huge cost?
>>537922469My plan is this when I'm old. Just let it crumble then sell as is. Not interested in handing over savings to, or going in debt for, things like all beaner roof crews who do shitty work and fuck up things that have nothing to do with the roof.
blackrock or algo. people should be leaving their homes to their offsprings.
>>537917193Beware the "fixerupper"
>>537924302Post tits.
>>537926943This right here. I’ve never once been alive to see a policy direction that’s actually beneficial for Americans. We will simply be replaced. That’s part of the coming globohomo draft push anyway. Same formula as what Zelensky is doing in Ukraine.
>>537916839Stink loves to multiply
>>537926752Bullshit, you just hate white people, and they're the last majority white generation.Fuck off, nigger.
>>537926966Shalom
>>537916708Migrants after getting government subsidies for their 20 children.
>>537916708Banks and hedge funds which is a fucking tragedy. Affordable homes will be over. And those selfish fucks will do it. Sell it to a new married couple for half. What do you care? You're dying soon.
>>537916708Easy. Our government will give White tax payer dollars to shitskins to pay full price for those properties that young Whites cant afford. Its a beautiful scam.
>>537916708>who?Jeets. What are you a retard?
>>537927057Well, turns out parents and grandparents don’t just magically do that in a nation in which their generation was psyopped to hate men and White people, especially their children. It’s going to go down in history how wildly evil and awful that boomer generation is and was. I know the globohomo jews caused it, but they all happily like and went along with it despite our please to the contrary
>>537916708They'll house migrants to spite their kids
>>537926977Rent is the cost of maintaining the property and the landlord. If I can afford that why couldn't I afford the cost of maintaining the property alone?
>>537927263>shalom Fuck you kike. It’s what has been happening for decades already, my entire life. You don’t even acknowledge it exists and call me a jew for pointing out the readily obvious. Explain to me how it’s going to magically change or get better, especially when kikes like you sweep it under the rug.
>>537927093Thats also why they like the chain migration, more people to live in one single family home. White Americans have very small families which would require non family roomates, illegals have huge families so they dont require roomates, only extended families all living together paying the inflated prices.
>>537927341The cycle is every 80 years or so.
>>537927428because landlords want free money for "investing" into a house
>>537927448Calm down newfren. What do you want to discuss?
>>537927457>the ((cycle)) is every 80 years or soDamn, that has a really strange overlap with other social cycles we speak about regularly here. Do you think there might be a causation to that correlation?
>>537927516I’ve been here since 04 moishe. Shalom Shabbat, is it past sundown yet?
>>537917270No they wont and dont you dumb faggot. Are the boomers in the room with us now faggot anon? Do you even own a house? How many? No? So you dont know shit. Its still supply and demand. Thats why a house in faggotsville(where you live) costs less than here in the gay area. Its literally that fucking simple. Go pice your boomer shack out to 2 million in faggotsville where houses go for 10k and see what happens. Fuck off.
>>537927613Apologies faggot.
>>537918037>"I shouldn't pay for schools I don't use!">Went to school as a childNow say what you want about how the school system works, I don't believe the government should have any control over it whatsoever beyond making sure there isn't any corruption going on, but that's not what the Chronosmaxxed geriatric refuse is arguing. The boomer is arguing that because he doesn't directly benefit, (even though he did, because he went to school) he shouldn't have to help the future of his country receive a good education. You don't hate boomers enough, anons. They would take the shirt off your back to use as a scarf.
>>537916708>>537920772Yeah, if BlackRock and others are buying up these properties, they wouldn't have a hard time selling them.How has no one created a data base of homes bought by investors?
>>537916708>deregulate banks>import minorities>give loans to minorities for inflated prices because no sane millenial would legitimize boomer delusions>boomers cashing out(you are here)
>>537921613Be serious. You didn't offer anything to rebut.
>>537917193Isn't "home ownership" glorious?
>>537916708Jeets you retard. Keep up
>>537918249Nigbulls are satanic
>>537918037You pay property taxes so the government recognizes your ownership of the land and should protect your land from invaders. Squatting laws spit in the face of this though.
>>537916708Irony
boomers have been selling to jeets and mexicans for years.
I own real estate and I'm a millennial. Including my personal homes, I own 12. The reason you guys don't even own one home is that you're unintelligent and lazy, literally unable to conceptualize and implement improvements and maintenance.
>>537916839>tfw all of the boomers I talk to mention how grateful they are to be away from the dangerous city full of blacks >Sitting in their suburban neighborhood that is 85% IndianThey cannot even register the problem. It's grim.
>>537916708Reverse mortgage
>>537917919Boomers were the one generation in history that got this luxury. It was a huge, huge outlier. Most generations lived like how millennials and zoomers do, times of boom and bust.
>>537916708Blackrock.
>>537927175last majority white generation doesn't mean anything when they are actively impeding the next gen from having kids, your day is over, either move out of our way or be moved you fucking boomer retard.
>>537916708>So who is going to buy these houses?The plan is to have the state seize the houses when the property taxes reassessed and people can't afford taxes on their 2 million dollar normie house. The state will then sell those properties to jews as the world is locked down into one planetary city of rental units.
