Why do more Mexicans own their houses than Americans?
Why is home ownership seems to be inversely correlated with GDP per capita?
>>541912519Because a random shack with grass and wood can be considered a home here
>>54191244370% of Americans own their homes? That figure cannot be correct. Maybe 30%
>>541912606>a random shack with grass and woodThat would be $200k plus tax plus tip in America.
>>541912666Corporations are people too you bigot
>>541912666get your eyes checked, its 60 not 70
>>541912666Yeah thats what i thought. If you have a mortgage you do not own your home.
>>541912443I have a Mexican friend who's dirt poor and makes $300 a month and somehow still owns TWO homes in the country.
>>541912730See >>541912730Then picrel tranny
>>541912666it's 53%. the methodology was recently revised to be more accurate. previously it was 65% but they were counting someone as a "homeowner" if they e.g., rented but lived in the same building as their landlord.https://www.minneapolisfed.org/article/2026/new-homeownership-measure-puts-people-first
>>541912443Mostly cartel traphouses
>>541912519Because overpriced houses are part of the reason the gdp is high. For 500k anywhere else you can buy a fucking insane house here it's barely a starter home.
>>541912443mandated high prices to make boomers rich, i've been saying for a while, you would've noticed if you were on /pol/ more and not going out or working like a fucking normiemexican population isn't as old, so their boomers don't dominate elections the way they do in the west
>>541912443I don't know but can't help noticing a weird correlation in home ownership
>>541912860in spain it's worse if you adjust it to income, the average wagie makes like 10k, and a goycage apartment is 200k, homes are 500k
>>541912666Everyone other than /pol/ tards own a home because they have their lives together. Dont let consensus here fool you into believing this is normal and not a place that attracts the scum and outliers of society.
>>541912995I'm legit working on immigrating to either China, Russia, Mongolia or Kazalhstan in the next 10 years. I've saved up around 200k so far once I hit 300-350 I'm fucking out of here.
>>541912443remittances from America, the only thing that has prevented Mexico's collapse over the past 50 years.
>>541912443My country has no info in that image but it's around 75%. Mostly because it's normal for people to live with their parents and have your parents live with your children in the same house.
>>541913167based
>>541912443Cheaper to buy a house in mexico, a lot of Mexicans live in multi generational family houses. A lot of Mexicans can't afford to leave, most of the freeloaders cross the border.
>>541913130see >>541912823
>>541913167Move to Vietnam. Fuck everywhere else. Kazakhstan is a backwards shit hole but it's the best of the 4, China is going to treat you like a dirty gweilo and you will be a prisoner if war breaks out. Vietnam just loves you. You can swim in Vietnamese pussy.
>>541912443>Why do more Mexicans own their houses than Americans?citizens vs migrants ratio is a factor as well. look at the UAE.
>>541912800My Peruvian girlfriend's friend's family unironically owns two houses, one close to the beach. The dad owns a hardware store (ferretería) and he can afford to send her cooking school and a car (which is a luxury in Peru, not a necessity to exist). They live in Cono Norte.A wood house in Peru costs like 5 thousand soles ($1500). Only thing sucks is land is expensive.
>>541913405How hot are Vietnamese ladyboys?
>>541912443because everywhere else the american government encourages people to make their government afraid of them... just not in america because that's antisemitic
>>541913645no shit that's the same everywherein Spain everyone would be able to afford a home if the home itself was the problem. its not. you need land, but not any land (Spain is mostly empty), but land that government has approved for housing. the government makes it expensive.why do you think housing is expensive in your country too? do you think it's that hard to make a wooden home, or somehow harder than in the 50s?trump said it himself that housing would be cheap if he wanted, but he won't because its better for landlords this way. its obvious as fuck what he was talking about.
>>541913645btw when she says>el pisoit means the wooden house she's thinking about is so fucking shitty that it actually having a floor (instead of just the dirt it was built on) is considered an extra
>>541915435>why do you think housing is expensive in your country too? do you think it's that hard to make a wooden home, or somehow harder than in the 50s?Dude, my aunt just had a DOOR replaced. A fucking DOOR, and the contractor charged her $3000. It's not just land. Land is actually more affordable here than in many countries around the world. You can find cleared lots in many places for like $10K.It's the fact that you CAN'T put a wood house on your own risk as to why it's so expensive.
>>541915552Lo se, se como hablar español
>>541912443Welfare and Social Security fraud
>>541915775kek brutalbut wait. in some places there, people pay millions for a shit home. that can't be the materials and labor.
Owning a house is basically communism because it slows the flow of capital and hinders economic development. Why should you own a house when that land could be used to torture animals and then sell their poisoned carcasses to poor people for the benefit of the noble ownership class that worked hard across generations to bring you civilization? Show some fucking gratitude you leeches, houses are not for you.
>>541912519because GDP measures spending and the flow of moneyowning a house is anti-GDP because it requires saving and spending only once, the house may even be passed to your children in the future
>>541916000Don't forget about data centers.Where are we going to build data centers if people live on the land?We desperately need a land reform to take the people out of the land so we can build more data centers.
>>541912443Land and homes are not naturally that expensive. Outside hypercrowded places, land is cheap. Providing services is cheap. Construction materials are probably less expensive than an expensive car. They become expensive in a jewed economy to make (((bankers))) and (((real state sellers))) wealthy.
What counts as a "house" is entirely different in america vs the rest of the world.Something like one of our mobile homes would be considered a large house in most of south america, mexico, and africa. It would be larger than the standard chinese apartment, which they call a house but is just the equivalent to a condo.Plus zoning laws that make it so we can't have tiny homes - that 90% of the world lives in - so you either spend 250k in a cheap state or it's no house for you.>>541912606You can find houses for like 100k in my town, move-in-ready, but it's a town in a shrinking state with no jobs in a shrinking area, so it's amazing they're still that much.
>>541915943>people pay millions for a shit home. that can't be the materials and laborMassive profits plus land (in some areas). Mostly the first. Also redtapeThat's why rent in Peru where my girlfriend lives at is only like $140/month. She's sent me videos in other areas where rent is only $110/month. And not a dirt floor shack, for apartments that look almost as good as basic Western ones.
>>541915943For JUST the survey and home title it's like a couple thousand, no exaggeration. This is for a city lot that's already established with a clear line of ownership and all the paperwork already together.They for sure can inflate the price like 10x.
>>541916000>Ignore how in the USSR, many people had commieblocks AND they had their own little cottages Not talking about the elites either. Also also, personal property is NOT taken in communism. Personal property is a house YOU use. PRIVATE property is property used to extract a rent/labor from.
>>541916588>Massive profitsprofits limit themselves if the market is left alone, for the same reason that bread is necessary but you still dont need a mortgage to buy it: if something gives big profits, businesses doing it will expand and new businesses will try to do the same thing, thus eventually expanding supply to the point that they either lower prices or can't get clientsthats in fact why i said "cant be the materials and labor". because most businesses actually have low profit margins>land>redtapeso i was right>$140/month>$110/monththat's very expensive in peru
>>541916606>>541915943Anyways, for the places where it's actually allowed and if you can find a contractor willing to do it the absolute cheapest you can realistically get a home for is 100k, for an ADU-sized home, basically what they would call a shack in the past, 100k.For a particularly low cost of living state maybe you could get it down to 70 but good luck finding someone to build it for you.Physical laborers you have to hire twice because the insurance and overhead will cost as much as them, and they're not cheap in the first place.Code is different between states and even between counties so there's no standardized buildings you can do and the pros just overbuild everything to make up for it.
>>541912443because you're slave to kikes, but is not a good example, ruskie are as slave by kikes as you but they don't get anything, must be part of being retarded or something.
>>541915775Damn son, that's FUCKED UP. Bet that door isn't even made of real wood but some cheap ass cardboard/music speaker MDF or some shit.
>>541916811so the government basically
>>541912443I like my houses with floors >>541916885posted from a home with a dirt floor
>>541916933Partially code, partially because we have a severe manuel laborer shortage - for decades everyone was told that they should go to college / an office job, so all the competent people did, tradies are all drug addicts and alcoholics who also demand infinite money for basic jobs.If you're a tradesman in america right now you can unironically get like 50 an hour working for yourself with a couple years experience, but of course it won't really be 50 an hour because no boomer will hire you for a basic job without 20 dollars worth of insurance per hour.These numbers aren't a joke, painters in many areas get 50 an hour (if they run the business, the teenagers they hire get paid 20 and do the most work)
>>541917169damnin Spain that's actually similar btw, but here it's still not worth it to be a tradesman due to all the taxes
>>541916797>that's very expensive in peruThe minimum wage there is $330/month. Can find jobs for more to be honest. Like $400/ month if you know where to look. When I am there, I regularly see professional jobs on the telephone lines for like 4500 soles. That's a LOT of money.$140 is less than 50%. In the US, to be equivalent to a wagie making $12/hour, you'd need the rent in the US to be $815. Not finding that in the US lol unless you are in West Virginia.
>>541916964Anon, I'm posting from my second floor, my house has multiple, probably bigger than yours too and made of real material like steel beam's, concrete, bricks, etc.You're probably imagining as if I was from a favela, kek, there's favela mutts that for whatever reason post here but is not the case this time, go back to your plywood-paper house that you don't own, nigger.It seems I need to post this everytime for newfags, only 13% of the URBAN area in huezil has favelas and is thanks to kikes, but then again they own their little slum shack, cannot say the same for you.
>>541912519rentoids pay more for the slave storage unit (house cost + profit) and if it is already paid with slaves it is almost pure profit
>>541917169>we have a severe manuel laborer shortageExcept we don't. We have a massive number of desperate saps + most of the trade crap is lies and Boomer gatekeeping.For example, in my county, there's a rule where a professional plumber has to install those backflow sewer valves. In other counties, it's not like that. The testing also takes about 10 minutes of work and they charge like $50 for it (or more).
>>541917327i thought they were poorer kek
Median home value in the United States: $440,660Median home value in Mexico: $73,500
>>541912786>If you have a mortgage you do not own your home.You own it but have collateralized it. You don't understand money.
>>541912443All the money they make in the US, goes back to Mexico
>>541917685Having a family, having a basic job that pays your bills, going out to eat, etc. Is way easier. Affording iPhones and cars and shit, no.
>>541912443Most of them if not all freeload off their parents/grandparents.