>>539058730>I bought this house for $7,500 in 1972 and haven't upgraded it or even maintained it much and you're going to give me $600,000 for it nowNo. Die.
>>539058730100%.Happening here already.
>>539058730The banks will simply buy them through reverse mortgages as a boomer's final "fuck you" to the world. Boomers get money to set on fire or give to the wealthy, or they'll die and it'll go to auction and then whoever has the deepest pockets buys it. It then turns into a rental where again those with the deepest pockets set the prices. Always strange seeing WSJ writing articles without any thought to the market or how things work.
>>539058730I keep seeing banks promoting special loans / handouts for “first generation homeowners” …. Like what kind of commie bullshit is that
>>539058730>letting jeets fall for the housing scambasednot my problem
Who the FUCK wants to live in Sun City?
>>539058730>nono my shit cardboard home is a 100m cause we old fucks decided to pump the prices hihi
>>539058730Jeets will rent them. Israelis will own them. You will own nothing and be happy.
>>539058730It's funny how she frames it like we just don't like the location of the homes instead of the reality that most people are poor as fuck.
>>539058965wife and I looked into one that was "first time homeowners". we didn't qualify because our parents were homeowners. boomer strike again.
>laura kusisto
>>539058730>Be Indian>come to the US on H1B>even though you're here on a temporary work Visa you get a zero down payment loan from the FHA (thanks biden!)>Outbid whitey who needs to put money down>Invite your 47 scammer cousins to live in the house with you>Just another day of being elite human capital.
>>539058965Just claim you're jewish, instant 0% interest.
>>539058916more like >i bought this house in the 70's and now they built a ghetto around it please give me 666,666,666 dollars
>>539059101i've seen this before.>I own house>not married to girlfriend at time>on paperwork girlfriend qualifies for first time homeowner in every way>"oy vey you live at a residence that is owned by a private individual. no grant for you."first time homeowner is a literal jeet scam for visa havers to invest into the community and artificially raise prices.
>>539058730The answer is blackrock but they're going to rent the homes out to indians so kind of yes.
>>539058730>>539058916>>I bought this house for $7,500 in 1972 and haven't upgraded it or even maintained it much and you're going to give me $600,000 for it now
>>539059169>>come to the US on H1BMAGA hero Elon Musk said he will "fight to the death" to keep this system in place, fyi.
>>539058730Indians here fraudulently who get loans on the tax payers dime.
>>539058730Private equity or banks. The boomers do know they can give it to their children, right?
>>539058730>The answer is Indians, isn't it?Bingo kid. It's literally the one and only solution to all problems that any politician left or right can come up with.
>>539059623Trump himself is extremely pro-H1B. He has been making statements to that effect since before the 2024 election. Ironically, the only person who I've seen publicly criticize it was Bernie Sanders, who (correctly) claimed that open borders were a Koch brothers policy. Then libs flipped shit and called him racist.
>>539058965First time home buyers is offered through the state, not banks, and is extremely helpful in buying your first home. The qualifications are usually just that it's actually your house that you plan on living in and that you don't own any other homes. Also no nigger tier credit scores. However, you do have to pay the money back, but it's usually tied to a lien (google it) and can be prorated/deferred and all kinds of stuff over time.
>32 living with parents>60k in savings>just turned down a $27/hr job>thinking of learning to do mobile car detailing because 27 an hour ain't enough no more>need to make like 40 an hour for any shot of having my own familyShould I just fucking give up?
>>539059343What state did that happen in?
>>539059894The program I’m referring to is specifically for “first generation homeowners”, and you do not qualify if your parents own a house
>>539059997$60,000 in savings is enough down payment to buy a home in a small-moderate southern town, and the rates aren't completely insane right now, so you absolutely can. However. Is it going to get you closer to having a family? No. But owning the home before the marriage is extremely beneficial if the marriage goes south, as it's much more difficult to take away
>>539058730Yes.I since moved out of AZ because of jeets and Cali transplants. I've lived near and worked in Sun City. I swear you drive through those neighborhoods and I'll bet only 1/3rd of them are actually lived in. Don't get me started on all the never driven RVs parked on the side of them.
>>539059997>>539060508>old>living with parents still>60k savings lol barely one year>doing some tiktok memeshitholy fuck dude what happened?
>>539058950Or, most likely, the homes will be clawed back by Medicaid after the boomer is tortured to death in a state-run nursing home, and put up for auction to be snatched up by Blackrock since you can only buy in cash at those auctions
>>539060313That's the legal way for them to say "anchor babies only"
>>539059006I've got a feeling they make awful landlords.
>>539060677nah, the rv's are taken out once a year and immediately burst their tires on the hot pavement from dry rot. Never stop to help those boomers.
>>539058950ok so it turns into a rental the bank can't sell or a mortgage they can't sell, that doesn't address the question at all brainlet.
>>539058730They’ll be bought up by wealthy investors and turned into rentals for 95% of the population. This is all part of people owning nothing and there’s no reason to believe housing is going to trend differently. Also, expect 8+ people to live in the same 3bdrm home and represent at least 3 generations. This is our future.
>>539060967Examine this post. The post he's responding to is being vulnerable, clearly on the edge of demoralization. ((Someone)) is trying to convince him that $60,000 isn't enough money, and that 32 years old, is old. "Haha wtf happened" is asked, knowing there won't be a response. They want people like him silenced and hurt and suicidal. This is a classic IDF kike shill.
>>539058730America slipped away from the idea of multi-generational homes; and now would probably be a good time to bring it back.In the 1800's, it was the farm that was passed down with the parents and grandparents living out their final years on the land that the son/grandson owned/worked. In the 1940's, it was the three story home with one generation on each floor (young family on lower floor, parents on second floor, grandparents on third).There are several, repeat SEVERAL tax advantages if people do this now.
>>539061301capn simp here, maybe you'll get some head tonight if you offer him 28 an hour.
>>539059169You think everyone is broke and can't afford these prices but somehow some shitty immigrant making 20$ who is rapidly getting replaced by ai is, they're worse off than you. Its not happening. Just buy bitcoin and shut up.
>>539058916what shit house are you buying for 600k? how fucking cheap are mutt houses?
>>53905999760k in an income etf is literally enough to retire in thailand, you should definitely neck though because you can't compete in the most expensive over bought place on earth.
>>539058730ok renter
Oh poor dumb Wayne.CC: Lambright
>>539061181>that doesn't address the question at all brainlet.You answered the question yourself. Who's going to buy all the boomer houses? Big companies who will turn them into rentals. How did you answer the question and confirm my answer on it then say it wasn't answered?
>>539063534the jews at blackrock run risk management they aren't going to suicide buying millions of underwater boomer houses bought during post covid speculation at high interest rates predicated on the prole fear mongering narrative of selling to tens of millions of 3rd world temp visa dirt poors with looming ai replacement and a rabidly toxic political environment. You realize IBM fell 25% in one fucking day this week on the back of nothingburger ai panic and you think anyone is going to invest in fucking real estate for poojeet call center workers.
>>539061151Seriously though. The used RV market is going to start having killer deals with all the boomers dying off. There's the solution to lack of starter homes, goy. Back to the trailer park.
>>539061451>just explained how they afford it, with 40 nasty street shitters splitting bills>muh shitcoinJust die kike
>>539058730Bingo!
>>539058965nobody is holding them responsible since reserve requirements were lifted during covid and now it's no holds barred. They are giving loans to anyone with a pulse to just drive consumption and production higher.. nevermind if they can pay them back, just like cars they prefer you default
>>539059021I ain't gonna play Sun City
>>539061387Multi-generational homes only work if everyone in the family is reasonably sane, Anon. My mother is a mostly senile hoarding narcissist who never shuts up. Even the best of women would file for divorce after a few weeks of having to share a house with her. I, personally, would rather kill myself than ever live with her again.
>>539061451Immigrants do not work as a single unit, they crowdfund everything among their family, or their izzat farming buddies if they haven't brought their family over yet. Sooner you yanks figure out how the jeets and arabs work the better.
>>539058730My home is not 21 million. it's 2.1 at best.
>>539058950> reverse mortgageThis is a bad idea because of inflation.I will sell some real estate and invest in ETFs.
>>539059710And since indians are basically just third world economic migrants themselves, the government had to concoct sweetheart loan programs for them that they'd never even consider making available to White Americans. At least that was the case until March when those programs were eliminated.
>>539058965>first generation homeownersIts code for shitskins and immigrants.
>>539058730My brother just got an amazing deal on his first home, 2,600 sq foot brick ranch on a half acre on a private road for a 2019 price. You just need to find the desperate genY retards looking to level up.
>>539060967I didn't work fulltime til I was 25I didn't finish college.I didn't have my driver's license til I was 23. I wanted to just be a regular wagie cause I planned to suicide by 30. Was an incel so I didn't see a point in living longer. Once I finally had the job to move out, the scamdemic happened so I didn't. Decided to save for a house instead. And that turned out to be a total fucking waste of time because I waited too long and they got too expensive.
>>539058730See, the "financial institutions" give the old people: "Your house you bought 50 years ago on a McDick's wage is worth a bajillion sheckles now!", so no actual American can afford them. These "institutions" then won't give loans to Americans, but will invaders. They do this because:>Those old fuckers think they're getting theirs'>Those old fuckers will be dead soon, so no payments need to be made to them>The invaders either pay the "institutions" or get ICE'd>"Institutions" get paid, or get bailed out>You join the "Institute" to make ends meetJust ask all the glowies ITT, they're here.
>>539058730Companies with US government backed loans?
>>539068970They still exist for illegals. look at ITIN loan programs. They see the fake SS# on their credit report and are totally fine with it. They use the credit from the fraudulent SS#'s and base the note off of their ITIN.
>>539059021Anything is better than Mumbai.
I bought a 2 bed town house just outside the downtown part of Dublin. €336k. The great recession fresh in everyone's minds. In 2019. I was told covid would crash prices.Iv sold now in 2026 for €515k. Just buy the home as central as possible. It will go up in price. You save a fortune on rent.
>>539068939>This is a bad idea because of inflation.If you're a boomer about to depart this mortal plane, what the fuck do you care about inflation when you could get $2000 per month until your terminal breath to go on cruises and buy collectable garbage?
>>539058950Why dont you buy cheap land somewhere no one wants so no one will outbid you? Detroit for example.
Love Masonic line insurance, yet?
>>539072014Fuck you, stay where you are. Also get the fuck off this board. Nobody wants you in any of our spaces.
>>539058730No it's blackrock who rents them out to 8 indian families
>>539071638Aka the nouveau-serfdom. The end game. If you know history you know this type of shit never leave us. From Athenian debt slaves to roman plebeian to middle ages serfdom to this we never escape this shit since this is basic of our species since we began farming.
Lots of small towns will become ghost towns by the 2060s
>>539058965They've done this for a long time. It usually just helps with down payment
HERE WE GOOOOOOOOOOOOOOOO
>>539061651Everything I've seen about Thailand makes it seem like a smog filled shithole where you go to jail if you insult the king.
>>539058730
>buy house for 170k in 2020>sell house for 400k in 2026>only replaced old flooring with shitty LVPHaha, thanks for the money zoomer.
>>539058916Ok sold to a group of Indians for $800k.Hope you like the Van life hippie.
>>539076175>do even more of the same thing that caused the problem in the first placeBoomers are actually the most retarded generation to ever exist.
>>539058730I will never own a houseI will never have a familyI will waste my life working for another enjoyment.I hate humanityI hate my nationI hate my fellow man.
