There is no one buying the boomers houses right now… they were depending on that money in retirement…
>>541044748Who cares about buying houses, people nowadays are barely just trying to survive
>>541044748Boomer here.I have 2 houses, 1 in teh city and 1 at the coast, I'm selling both of them to pakis and indians who have plenty of money. Both of them are going to turn the places into HMOs.
Nobody is going to pay 1.4mil for a glass heatbox. That "house" is 60% windows. Zero structural integrity and constant fucking upkeep.Greenhouses are for plants not for living
>>541045108It's also intrinsically perverse and I say that as someone who doesn't mind being nude in the sauna.>>541044748The Boomer obsession with real estate is so hilariously funny because it's just the result of their grandparents getting raped on the stock market so they straight up never bothered to branch out.
>>541044997>yes, I am everything my generation is accused of being, actually.Cool story grandpa, we already knew. This still isn't your personal blog though faggot
>>541044748Lemme know when it's at 500k
>>541044748Don't get why retard Texans can't into basements nobody wants some slab on grade cuck box
>>541044997Kill yourself faggot.
>>541045503Soil moves too much, Texas soil is red clay mostly so it shrinks and expands like crazy. That's why foundations are a huge problem here.
Welcome to California 2.0.
>>541044748What if Trump sells the white house
>>541044748Can't have a consumer economy without consumers.
>>541044748that looks like a glass house from which too many stones were cast
>>541044748Probably only paid 200k for it.
House sitting that long makes people think something is wrong with it or you are just an unreasonable seller and not want to deal with you. It's not the market, this is just what happens when you price your home inappropriately from the start.
>>541044748>23 price cuts>still 600k overpriced
>>541045294>>541045519You newfags are easy as fuck to B8
>>541046075It's the market, retard. You can go all over DFW, Austin, Houston and see this with damn near every house for sale. Neighbor had hers up for like a year with reductions and relistings galore, it finally sold. The market is sliding, rates are high, no one has money.
>>541046225if your house sits for 400 days it's because you were a fucking moron and priced it terribly compared to comps and not because the property was unsellable. This goes for virtually anywhere in the country.
>>541044748You'd be fucking retarded to buy a house right now. The prices are high ans the interest rates are high. Use a loan calculator, you'd pay more in interest than the cost of the house, around 2.5x the cost total. House prices skyrocketed when interest was low, around 1.8%, where you barely pay any interest over the course of a 30 year loan. Boomers have left their houses priced high even though interest is at around 7% where you pay a shit ton extra over the course of the loan. No one with a brain is buying, too bad there's so many retards though.
>>541044748Which clown thinks buyers are willing to pay over a million dollars for a McMansion?
>>541046293You're retarded, there's a glut of supply and no buyers, this is across the market. This is what they call a buyers market again but no one is fucking buying.
>>541044748its ok zoning laws will make sure to protect them by preventing any competitors. they worked hard to steal from you and deserve to.
>>541046438>No buyers>In dallas, of all placesHow many jeet families do you think would fit in that house?
>>541044748and it will have to go much lower.objectively, there is no reason for an asset that deprecates with time to increase in value beyond the rate of inflation.the value should constantly diminish, or at most keep up with inflation.anything beyond that is clearly illogical market manipulation and will blow up eventually. maybe you're lucky and you get out early, but maybe you'll just be left holding the bags.
>>541046438No one is buying because they cant afford the asking prices. Housing like in OPs pic isnt teated as housing. Its treated like a equity investment and is priced to to appeal to normie homebuyers but to multination investment firms looking to put some assets on the books.
>>541046636You mean spics?
>>541046780No, I mean jeets. Get with the times, grandpa. Texas is rightful hindu clay now.
>>541046438>Buyers market>Doesn't price to sell >Surprised Pikachu.jpg The fact they boomers lived through the last housing collapse and still don't get how home equity and the housing market works is why you're the worst generation. No pattern recognition at all, just redfin said my house was worth 6gorillion yesterday so imma price it that today. Everyone who bought a house in the last 5 years is going to get raped to death by their mortgage, everyone who is underwater trying to sell for top dollar won't.
>>541044748Uhhh... do what?
>>541046438The longer the house sits, the worse it looks for the seller. This is how I purchase most of my properties. In my market, if a house sits for 90+ days, I can often just swoop in with a lowball offer and have a good chance of it being accepted. A house sitting for over a fucking year means the average normie buyer is going to think there's tons of shit wrong with it even if it is now priced below market and it really was just a terrible initial list price.
>>541044748Texas fucking sucks, dude.
>>541047155Whoops. Wrong addy. Who would pay 1.4 million for a house next to a shit house with a broken down old truck in the yard?
>>541047190
>>541047288that's texas in a nutshell, you'll have a neighborhood with 800k cardboard houses and a muffler shop across the street. they don't give af about zoning because muh strong supporters of businesses.
>>541047355Yes I am jewish for buying a property for cheap from a retarded boomer who listed their house 150k above what a comp sold for
dallas especially is getting gutted by the h1b and immigration restrictions of course real estate is coming downlove to see boomer speculators lose their shirts on it though, couldn't happen to nicer cunts
>>541047543
>>541044748They can be put on ice floes and pushed out to sea for all I care
>>541044748Thats not a boomer house. It's a shitty new build made by some faggot that probably drives a Tesla
>>541047801>It's jewish to lowball greedy overzealous boomers with sitting housesI guess I am part of the tribe then
>>541044748>Over a million dollars to live in a fucking fish tankIt doesn’t help that modern architectural design is the ugliest most soulless thing humanity has ever seen. This house looks like a corporate office was placed in a residential neighborhood, no sane person wants to live in a building like this.
>>541048064>guise, I'm a real estate investor
>>541045407That’s when you can lowball them for $350k. You’ll need the extra $150k to fix all the mistakes made by the modelo time construction crew that originally built the house in 2021 while all the inspectors were too afraid of the coof to do their job and forgot to install flashing on half the roof.
>>541047269Half of these are transplants who bought their home for "cheap" (compared to where they came from, but overpriced for Texas) and cannot figure out why they're unable to sell it for higher, like the appraiser keeps claiming it's worth (not realizing the government are just being jews to justify higher property taxes, which has been a serious problem in the state).
>>541047515Because before all the gay permits and licensing, you could open up a business in your living room and serve your community. You didn't need to invest in a bunch of bullshit, except inventory. This made plenty of people a comfortable living.
>>541044748Legit hilarious because even Gen X, Millennial, and Zoomers fantasize this scenario. A house is NEVER an investment. t. 40 year old millionaire renter
>>541044748when the price is so high not even blackrock (who is trying to take over the nation) can afford it.boomer swiss cheese brain.
>>541044997You're broke and bitchless.
>>541044748Blackrock will buy it, don't worry.
>>541046636Dallas is one of the worst offenders for property taxes. some jew will come knock the price up by the max every year, even with the homestead exemption, and there is no physical way the house will sell at their assessed value
>>541046438The fuck they aren't buying, you ignorant hick. The homes are overlisted and these faggot ass agents don't have the balls to tell these sellers that their house isn't worth 150% above the last purchase price.
>>541046918That's why it's best to have patience and let the seller get raped by the bank, lose the home after they default, and then scoop it up for the low when it becomes REO lmao
>>541049032when do you move in?
>>541049560And then they'll make it a HCV property and move 8 niggers in there to ruin the entire fucking neighborhood. But Brad here doesn't give a fuck because he got his, GO GET YOURS!
>>541049032Cool it with the antisemitic remarks.>A house is NEVER an investment. True.Houses are nice boxes to protect your stuff from the environment.
>>541044748>1.5M>down to 1.2M>for a house that shouldn't even cost more than $50kKill all jews
>>541044997Lmao you faggot ass brits talk funny. Literally an little rainy cuck island of prissy bitch bois.
>>541044997u tried
>lol
>>541044997So your basically a Jew and more than opening the gates of Toledo: you are offering limited breeding grounds to these roaches? I hole you n your loved ones are raped+beheaded for being so unashamedly Jewish and retarded.We should compile records of people that sell to Indians +pakies for treason reasons we will punish later.
Why would someone want a mountain house in Dallas?Not a whole lot of skiing there
>>541046293Comps Ur either a Realtor or based Real Estate Appraiser
>>541050325>It's bad, because big box jews came in and exploited a system that people used to benefit from on a smaller scale and generally operated in good faith to not piss off their neighbors by opening their upgraded store right in the middle of their subdivision.Yes, anon, jews and spiritual jews will always ruin the commons. That doesn't mean the commons is a bad thing, it means the people who have been allowed access to the commons are a problem.
>>541044748I was looking at a commercial property someone was trying to sell for over 1.3M and had it listed for 2 years without budging on the priceIt's just barely worth buying as an investment at 1M and 900k is more reasonable.He probably bought it at the peak of the mania in 2021/2022 and is hoping some idiot will buy it at his asking price.
>>541050450Exactly. When my family came to the U.S., some of them opened a liquor store in their living room and kept the inventory stacked against a wall in the kitchen. The bedrooms connected to the kitchen, so the living room was perfectly situated for a store floor separate from their living area. Once they made enough, they opened an actual store up the road where all of the businesses were located, and the house remained a home in its entirety after that. This is how plenty of people did it, and why they were ok with looser zoning laws, because everyone respected the limits and it made it easier to start their own businesses, without needing a ton of capital upfront for all of the licenses and fees and rent, and all of the other bullshit that makes starting a small business more of a major investment rather than a starting point.
>>541046658My entire country (Canada) is founded on a real estate scam. Housing costs have inflated faster than wages for 50 years. The government has zero interest in reducing housing costs. Even props it up: the liberals made a deal with some condo developers to buy their unsold units for around $2BI would barely be able to afford the house I live in right now if I were to buy it again.
>>541046899Texas is 1 percent jeet and 70 percent spic. Are you a spic?
if i had that kind of money, i will build myself a house from scratch, not give the money on some old fart smell ass low quality materials shitty box that has the layout of a retard.
>>541050385its already in a nigger neighborhood
>>541051770I sometimes wish I wasn't a responsible dad and could just quit my day job and start doing something else.But the sheer upfront costs to do anything that in 1972 would have taken under $1000 in equipment in a garage is absurd and keeps me silver handcuffed to my health insurance-providing wagie position.
>>541044748If I had a million dollars…… (1985)>I buy a llama or a immu If I had a million dollars……(2026)>can’t even afford a middle class house "If Americans ever allow banks to control the issue of their currency, first by inflation and then by deflation, the banks will deprive the people of all property until their children will wake up homeless."-Thomas Jefferson
>>541052130Hypothetically if I was able to manufacture and provide everything my family needs to stay comfy what do I need money for?>own the means of production Inb4>commieWho said I’m sharing?
>>541046315>You'd be fucking retarded to buy a house right now. The prices are high ans the interest rates are high. Use a loan calculator, you'd pay more in interest than the cost of the house, around 2.5x the cost total. House prices skyrocketed when interest was low, around 1.8%, where you barely pay any interest over the course of a 30 year loan. Boomers have left their houses priced high even though interest is at around 7% where you pay a shit ton extra over the course of the loan. No one with a brain is buying, too bad there's so many retards though.This guy gets it
>>541044748If you knew anything about real estate you'd know Texas has the trashiest builder grade McMansions and housing all fueled by Chinese foreign speculation years ago. New England everyone is snatching up any houses right now and some other areas like Philly, RI, CT etc
>>541044997This has to be bait. Utterly contemptible subhuman either way
>>541044997You really drew them in
>>541044748>no one buying the boomers houses right now…young people are not having families, dont need or want big houses with big electricity and heating/cooling/maintenance bills, a big house is a sure way into debt slavery if you are the typical childless vasectomied millenial
>>541044997Kek amazing b8 lad
>>541052653Price is crashing because foreign “investors” are not buying up rentals for illegals now leaving or not coming inAnd also Trump is probably going to make ownership of residential property by foreign corporation illegal just like he’s doing with Chinese owned American farms. We can’t have that I sold my rental last year saw the writing on the wall. Sold it to some Indian for 4x what I payed for in 2012
>>541044748Houses act like boat anchors in bad economic conditions
>>541050822All of this shit is public record you can go look it up on redfin or zillow, it makes it extremely easy to see what comps are selling for and median price/days to market/price per sq ft, etc. Realtors are a fucking useless profession in today's day and age.
>>541046315It's been a bad idea for the better part of 10 years, so when the fuck is it going to be a good idea
>>541052130I think that's kind of the point. What good would it do for mr. shekelberg if every man was his own king over his own kingdom? That would be less desperate wagies for him to pick from. I don't think health and safety regulations are necessarily bad, but many of these fees and permit costs have become just means to nickel and dime people to death, create an unnecessarily large barrier to entry, and always ensure the government has a fat hand in your pot. Look at what the Texas government was doing to the hemp businesses with their new fees for operations and production, even when they couldn't justify the additional costs, but nothing easily stopped them from imposing them. It's always positive policies that eventually become weaponized for greed.
>>541052840People typically don't want to have kids if they have nowhere to raise them. Apartment childhoods are a sort of hell, renting for years is just slavery and everyone knows it.
>>541051998Did rajesh tell you that?
>>541047515Not all of Texas is like this but Houston is like this specifically. No zoning laws to speak of there. A distinct lack of zoning laws is how you wind up getting a parking garage right outside your kitchen window. Texas is a weird state. A lot of the power that usually resides in the hands of the State is instead reserved solely for local municipalities in Texas. Property taxes, zoning laws and a whole host of other shit that usually is controlled by the state is instead in the hands of the locals. Houston is famous for this shit which is why they can put a petroleum refinery next to a school next to a cattle ranch.
>>541049111Blackrock has infinite money.
>>541053807>10 yearsSucked 10 years ago too. Interest rates were lower, but total price was way too high for the average available equity. Unless you had a wad of money right after the 08 crash, you were generally doomed for house shopping.
>>541047288This is Dallas.Build a million dollar house next to a bunch of niggers cardboard boxes and on a busy street where bums walk and kill daily...good luck
>>541044748My parents tried to sell their penthouse condo so they could move closer to me. Mercifully it didn't sell and I can continue not seeing them. Spending time with boomers is a form of torture.
