>Be lucky boomer in 2017 and buy a house for a decent price>Fast forward a few years and sell same house for 130% profit>Fucking zoom zooms, need to pull themselves by their bootstraps if they want a house. Exactly why are not shaming these people for doing this shit? I don't understand how a house can appreciate in value while a car depreciates.
>>537921019Boomers destroyed the world, capitalism failed.
>>537921019"Boomer in 2017"OP how old are you? Boomers bought in in the 20th century LOL.
>>537921019At this point I want to move to Eastern Europe if I can find a stable job. Idc about being poorer as long as I can have a place to live and not pay some greedy ass boomer kike.
>>537921019It's not the house that's valuable, it's the land the house sits on.
>>537921739And who sets the land price?
>>537921019You lost tranny. Trump said homeowners get rich.
>>537921739Why do lots of land sell for significantly less without a house on it? Why is it investors and boomers trying to get rich easily buy up lots of houses but not lots of empty lots? Why would you pretend land is scarce while simultaneously posting in a sea of jokes about rednecks that live in the middle of nowhere, flyover states, etc?
Notice it says "Listed." It will not be sold for $286/sqft. This is the home owner's masturbatory fantasy. Keep that property book marked and check in from time to time.
>>537921771The market. Which means whomever is willing to pay the highest amount for it.>>537922028Having a house already built is still of some value barring places loaded with asbestos or condemned. Land by itself isn't scarce, but land in popular areas is scarce. You'll want to live somewhere where you can have public roads, city water, & fast internet access.It doesn't help that zoning is a thing though. That artificially changes the value of land.
>boomer spends nearly an entire decade trying to rip off a buyer
>>537922846>The market. Which means whomever is willing to pay the highest amount for it.Is that how it works in burgerland? Not in Leafland.
>>537923090Here's another good one I found.Maybe trying to charge 300+% more than what you paid for it in 2007 isn't a great real estate strategy.
>>537923297It's a negotiation process, an auction, a bargain. Both parties have to settle on a price. That's just capitalism.
>>537921019>1pbtidHere's a house that has dropped from a list price of $190,000 to under $50,000
>>537921739Quit pretending like anyone is going to, or even could do, a full demolish and rebuild in an HOA neighborhood. The land is WORTHLESS. Land is so plentiful and worthless that developers find the worst rural farmland to build subdivisions on.
>>537924111Checked (for self-evident truth) but how are property taxes determined in your area?
>>537921019When you sell your house. Do you also buy another house to live in?
>>537921019Most of the faggots complaining about the price of housing today could have bought in 2017 but didn't because they were faggots.
>>537921019> I don't understand how a house can appreciate in value while a car depreciates.There will be more cars tomorrow. There will not be more land.There will also be more humans tomorrow (assumption for home ownership)Say I have 2 people (money doesn't exist here in this case). And the two people want my land and offer me what they have in order to acquire my land. They compete against the two of themselves to offer me something for my land. Maybe tomorrow there are now 4 people. And now 4 people compete amongst each other to offer me something for my land. Maybe the next day there are 8 people. If I wanted to sell my land. Would I be better off taking the offers from when there were 2 people, or 8 people?
>>537921771What people are willing to pay for it.
>>537922116You should look at what tiny condos in metropolitan areas here in canada go for square foot wise.
>>537924975>What people are willing to pay for it.No, dumdum...that's not how it is determined in Leafland.>Land Assessment orgs
>>537924410We pay county taxes in the spring and school taxes in the fall. School taxes are much more expensive than the county taxes. I live in PA and I have heard some of our taxes are a fraction land-value tax but I can say for certain the majority of our property taxes is based on square footage of the buildings on the land.
i love having a $700 mortgage payment
take the Rurouni-pill
>be me yesterday>boomer is showing me his deceased mother's house>wants to sell house to a young family>house needs hella work>end of tour>i offer him 600k>his face turns red and he does a 360 and walks away
>>537922028Building another house now costs more than it did when it was built. Land is scarer relatively. Our money is less scare due to printing. All of these things were done intentionally to turn fake paper currency into real world assets.
>>537921019>howbecause you are not buying the house you are buying the land the house sits on - yes the house itself adds value but like a car the house is a depreciating assetyes it is all a big ponzi schemeland prices will keep increasing until suddenly
>>537926040Moonwalking at his age is pretty impressive.
>>537921529(((Capitalism))) succeeded, it was always meant to kill all life on the planet.
>>537925662>the majority of our property taxes is based on square footage of the buildings on the land.So empty lots have no tax? That's definitely different from Leafland.
>>537927441No, there's still some taxes. But we're talking about total annual taxes for one empty property being less than $100.
