>Be a boomer in 1995>Buy a new house worth 6x the national average income>FFW 30 years>It is now worth 13x the national average income>Sell it to enjoy your new wealth>Now without a home, search for a new one>Every house is now 13x the national average income>Profit?Making homes a financial investment was a mistake.
Parasites are too retarded for their own good.
>>541074499Whats worse is that this house in question is 1800sqft. Way smaller than any American house of the same price.
>>541074701Yet larger than a Leaf apartment (same price).The kakistocracy is ubiquitous.
>>541074701Brick construction is more expensive than plywood
>>541075798It's just brick on the outside.
>>541074009It's a retirement strategy to liquidate your larger home and downsize to a smaller house/condo in your retirement years, not buy a house the of the same value, you stupid retarded paki.
>>541075938>Jeet calling me a pakiIf I was paki I'd get a house for free you fucking retard.
>>541074009>Now without a home, search for a new one>Every house is now 13x the national average income>Profit?that is why boomers downsize, which is really the only way to profit from owning your own home. that, or moving out of a city and into the countryside
>>541075938My boomer neighbors have put their place on the market twice now, and each time they've had to remove it because they couldn't find a smaller home in our area that wasn't grossly overpriced.