In order to force a major correction in the system and extract wealth back from the god damn boomers, younger generations need to go on a house buying strike. It's already happening unofficially due to high interest rates and being priced out, but it needs to be a 100% NO BUYERS for 10 years! Watch the desperate boomers lower their ask prices 85%. If you inherit a house from a boomer put it on the market for 80% less just to drive down the neighborhood and cause panic selling, but never close on a sale. Rent it out to cover property taxes while it sits. Stay committed diamond hands until they LEARN. 80k houses are coming back
>>543539087You can always tell how slow /pol/ really is when Amerimutt regime bots blacklist a thread.
>>543539087Bruh iran has like $20 billion estimated in US real estate thats just frozen. How many countries you think do that? The US housing market isnt even owned by us citizens anymore. Wake up.
>>543539087If you list a house below market rate it gets bought by a flipper in less than 12 hours and they will happily sell it for 4x in a few months.How does that help?
40% of US homeowners don't have a mortgage.Of the ones that do, half of them are locked into low 30 year rates, so they ain't selling.Prices only come down if there is higher supply (more new homes built)Prices and interest rates remain high, so builders are building fewer homes since there isn't as much profit in it.The only solution that will work is we need to BUILD MORE HOUSING. The private sector refuses to do it to the level required becuase they're bound by the profit motive.So we can either fix this problem with PUBLIC, GOVERNMENT FUNDED AND BUILT HOUSING, or you can cry "that's communism" and the problem will never be fixed. As a homeowner with a low rate I don't give a shit. For all of you capitalist-brained bootlicking fucks who don't even own a home yet, congrats! You played yourself!
>>543539087>House buyers need to strikeYeah with 8% interest rates? Are you retarded. Let the idiots who bought after 2020 get fed up and walk away when they realize they are paying more than their house is worth.Then the real sales will happen
>>543539817>Of the ones that do, half of them are locked into low 30 year rates, so they ain't sellingThe issue is the property taxes and insurance. They are actually selling. Foreclosures are rising. Listings are going stale.The zillow number is not real
>>543539087Lmao. You think you have influence on the market? The entire market is boomers and private equity. They don't need you plebs.
>>543539087>lets take on a gazillion in mortage while rates were at an all time historic low>what could possibly go wrong
>>543539087there should be bailouts for home owners but not the banks. except only home owners who aren't miggers. miggers, like the banks, need to learn the hardway what happens when you are wildly irresponsible
>>543539087you ain't getting house bro
>implying you can afford a house in the first placeIts not a strike if you cant even do it anyway lol
>>543540104No, fuck that. No bailouts (or bailins ya fuckin jews) for anyone. Total financial heeming.
>>543539087i worked my ass off for what i own. maybe stop drinking starbucks and save up like a real adult instead of ruining it for everyone else. no more handouts
>>543539530if everybody is just a flipper and no actual families buying these then the system will implode with only these vulchers playing musical chairs. But it needs to be a collective F U
>>543539087Triple property taxes and use the income to pay off the debt. Easy. Also removes all speculators from the market.
>>543540449you've invented about 4 different stories there about me that have nothing to do with what I said and you sound like a copium clown. That I dont work and i drink starbucks and also that i don't have money and need to save up. Sorry that the value of your piece of shit house is tanking but the only thing thats fair is how unfair it is.Have fun holding the bag when shit hits the fan
>>543540746Do you have any idea how much property taxes cost already bro?My mortgage is $2400. Every month I pay that. $500 of that $2400 goes to the county. Another $175, goes to insurance.I pay my county $6600 a year in rent. I have to pay it forever...and that's a modest number...My house and interest actually only costs $1400 a month.Property taxes need to be banned.
>>543539885were saying the same thing chud, right now is the best time for pressure after these morons bought in 2021-2024
>>543540860agreed 100%. also property tax rates are determined by neighborhood home values
>>543540449You "worked your ass off" meaning you sat in Jew day care 8 hours a day for 10 years and bought a house for $8000 and a pack of cigarettes. Wow. So hard. Much struggle. Your entire "work your ass off" amounted to you moving your 400lbs ass up and down a staircase 5 times a week.
>>543540015sounds like a bubble to me. good time to STOP BUYING
>>543540930Who determines the "value"It's arbitrary... I moved in 2015. My property taxes then were $1800 a year. Very reasonable. It's the same house I have lived in. Nothing new. Some jackass who funds free school lunches for niggers Arbitrarly says my home is worth x amount of money. Well it's not. Because I have no intention on selling. It's worth what I say it's worth.This shit has got to stop. As you can see my property taxes have quadrupled since 2015.
>>543540860The State is broke. If you want the State's police to prevent hordes of homeless people barging through your front door then you need to pay more. I'm not even suggesting you do; I'm pointing out you need to and WILL do so.
>>543539936In what market are you seeing this?
>>543539530>Flipper show's up to buy>Brain it with a shovel in the basement, and bury it in the yard It's that simple to defend your homeland from jewish meddling.
>>543540282lol speak for yourself. Not everyone on here is a broke loser. I can put down 600k cash right now clean with great credit, but STILL the interest rates and prices are too damn high so I AM NOT PARTICIPATING.
>>543541198Florida...the entire south actually and out west
>>543539087>80k houses are coming backI post affordable houses every day anonHere is yesterday's thread >>543487626Featuring a house under $80K
>>543541102100%. some bureaucrat jew decided what your house was worth based off of nonsense and is taxing you to exist there until you are priced out on the tax alone
>>543541152>If you want the State's police to prevent hordes of homeless people barging through your front door then you need to pay more.Sounds like we're rewarding the state for doing a shitty job solving the homeless nigger problem, and that we should stop paying them and solve it ourselves.
>>543541321I see your posts fren. The problem with a lot of the houses you post are the location. I prefer to be near a decently populated place with more local stores and options, gym, etc (BUT NOT IN A CITY)Roast me for this chuds but I would like a whole foods within 20 minutes driving distance
Just move off grid and become independent of the system, retards. The jew fears the self-sufficient goat herder.You can buy 10 acres of high desert land for less than the price of a shitty used car. You can build large structures with just rammed earth, adobe and repurposed lumber. You can harvest tens of thousands of gallons of rainwater in a year even in the desert. You can easily grow enough crops and raise animals to feed a family of 6 without any heavy machinery. Overgrazed desert can easily be regenerated into a productive property which literally shits out money for you. You faggots have all it takes to create a life that is completely unreachable by shlomo goldburg if you just were man enough to give up modern conveniences and actually work for yourself, but none of you are going to do it. You will sit here and seethe while whacking off to whatever degenerate cartoon porn from japan.
>>543541369Jesus fucking Christ, you children have zero idea how real estate transactions or basic economics work.There is no "bureaucrat jew" setting house prices. If you own a home and want to sell it, YOU set the price. You can set it wherever you like. All you need if one person willing to pay that price. If no one is willing, guess what, you set the price too high! Better lower that shit if you actually want to sell.Side note: this is actually how every asset price in the whole fucking world is set. It's a constant negotiation between buyers and sellers.Governments can do minor shit on the demand side like adjusting tax rates, or interest rates, or they can try to juice the supply side by offering incentives to builders. But these are all temporary band-aids that don't fix the underlying problem.The ONLY way to bring home prices down in an area is to BUILD MORE FUCKING HOUSES. If the private sector won't, the government should.
>>543539087Shut the fuck up the pain is worth it, we cannot allow Iran to have a nuclear weapon to threaten Israel with.
>>543541316I can believe FL/the South going through a correction, but I don't know what you mean by "out west." I live in California and got an appraisal as part of a refi; our home is apparently worth 10% more than when we bought it last year.
>>543539087>just don't buy shelter, broLife doesn't work like that, which is why housing should be a right but not before we purge our nation of squatter foreigners. If we do it beforehand then the taxpayer foots the bill for people who shouldn't even be here.
>>543541664t. someone who has never seen property taxes set (hint: what you actually bought or sold a house for has little to do with them)
>>543541664>ed if one person willing to pay that price. If no onJesus fucking Christ boomer would you READ.were talking about the property tax rate based on estimated neighborhood values. We don't need an economics lesson on supply and demand.
>>543541532>The problem with a lot of the houses you post are the location.You're moving the goalpost. You don't actually want an affordable house. You want an expensive location. You have to start looking at bug towers. Like, we can pull up a place in Waikiki under $100K, in a bug tower, with an HOA fee.
>>543541840Nigger I've owned my home for 13 years. Property taxes are no sweat at all. It's a couple hundred bucks a months already automatically deducted with my monthly mortgage payment.The value of my house as doubled since I bought it. Property taxes are miniscule compared to the value of the asset and the gains I've already made. Plus they pay for important shit that I enjoy having in my town, like public schools and the fire department and shit.Pay your taxes and stop whining, fucking faggot. You should feel grateful to own property in a safe place with a functioning government.
>>543541321we can *see* the "historic location" sign out front right there in the picture
>>543539087i cant fucking wait
Boomer can sit on their asset until the day they die. If younger generations go on a house buying strike, the boomers will just dry up the supply out of spite and prices will flatline. Housing will NEVER be affordable again
>>543541989
>>543539087It isn't the boomers. Deregulation of laws allows venture capital to own thousands of home. When Blackrock owns your american dream you lose. Any entity owning more than two homes should be taxed heavily. This frees up empty homes all over the country. Republicans are fucking you in the ass and fools keep voting for it.
>>543541664You don't own a home apparently and don't even know what am escrow is lmao
>>543539087Farmers during the Great Depression went on rent strikes and riots to avoid foreclosure and beat up judges and sheriff's deputies who disagreed with them. But that was dirty socialism. We should love our neighbor and let the Jewish banker foreclose on us and take everything.
HYPOTHETICALLY how many Blackrock owned buildings need to burn down from molotovs before they stop buying all the property and start selling it back
>>543539087Me I just stay at the family home for free while the folks travel
>>543542321None, really. The whole meme of corporations immediately swooping in to buy the dip is retarded because those fuckers don't want to baghold nor catch a falling knife. They're evil, not stupid.
>>543539530>>543541242need to just pass laws against flipping. Contract to own for at least a year.
>>543542449>Contract to own for at least a year.Doesn't work, there is a law like that here and they flip all the time. They just spend that year living in the house and doing cosmetic upgrades and sell the old one over and over.
>>543542214Proof, nigger faggot.Work hard and stop complaining about how "The Jew" is holding you back and you too might grow up to be a real man who owns his own home. Good luck punk.
>>543542511I have a house faggot. I am 16 years into my 30You like paying the county taxes I guess
>>543542449>need to just pass laws against flipping. Contract to own for at least a year.just make it illegal for a person or corporation to own more than one home>b-but I travel for workdon't care>b-but that kills the rental industrygood>b-but what about my [gay exploitative business model company]don't care, kill yourself, do actual work
>>543542449
>>543540385have you ever voted for trump and do you still have your foreskin?
>>543542591I chose to buy a home in a great city that I love. Yes, I am proud to pay my taxes to support the operations of my city. I don't think everything should be handed to me for free like a little bitch.
>>543539462$20 billion is nothing compared to the total US real estate value of over 55 trillion. Total foreign ownership of US real estate is less than 2%.Whiny doomer faggots get the rope. I didn't need any help from my boomer parents to buy my first house. My mortage is less than 3%. Stop sucking at life.>>543539817The solution is more housing but public funded housing is an awful idea.The real problem is over restrictive zoning laws, NIMBY karens blocking everything, regulations that massively increase costs and slow down construction. There are simply too many people who can hold up a project. I'm talking shit like cities where any random local resident has the power to force a company to perform a lengthy and expensive study to determine the exact average percentage throughout the year by which a new construction will block sunlight and cast a shadow on an adjacent park or property. Generally speaking, with development costs of any houseproject in the US 40% of the cost is legal and admin overhead thanks to insane regulatory environment. The average in Europe is 20% believe it or not.What we actually need is federal and state laws that expand powers to cut through insane red tape and that limit the interference of local governments in private development.
>>543539087> If you inherit a house from a boomer put it on the market for 80% less just to drive down the neighborhood and cause panic selling, but never close on a sale.kek this is a great idea
>>543542629based
>>543542838>My mortage is less than 3%You are still paying off a mortgage from 1985?
>>543539530 That’s just not true, builders are having to offer their own mortgages with lower interest rates just to move stock.
>>543542887Or from 2020.
>>543541989>Pay your taxes and stop whining, fucking faggotActually sounds like you live in niggersville. Because the places I grew up property taxes are 20k a year.
All this will do is hand over the properties to investment companies. Until houses are no longer for speculation this problem will continue.
>>543543308>Until houses are no longer for speculation this problem will continue.
>>543539936This. Experience any sort of natural disaster and/or reassessment, all of a sudden that 1800 dollar mortgage is north of 2500. Rate doesn’t matter at that point for many folks. Also let’s not get into condos/townhouses and monthlies/hoa rising faster than those other two.
>>543539462Correct, California single family residences are 60% non owner occupied.Source mortgage broker with 11 years experience. I can just run title data and see it.
>>543539817Or you can just kick out immigrants and take all that housing stock back.
>lol
>>543544046>California single family residences are 60% non owner occupied.WTF!
>>543544416How much of that is rented to migrants?
>>543539087>like it's 20082008 will look like a good time compared to what is coming
>>543544830>How much of that is rented to migrants?They're called illegals and it's California so probably a bunch. Mortgage Broker Anon with 11 years experience might have a more accurate numberI lived in California for a year and it is a beautiful place but the politicians and liberals are absolutely retarded
>>543539817The solution is mass deportations of non-whites.
>>543539087Hard to coordinate, just ban interests (the motor behind that inflated speculation) and make houses a depreciated assets. Solved
>>543539087Just outright refuse to pay more than 100k on any house.
>>543545081*graves
>>543539087Trumps 2nd gonna end with the biggest crash ever in history of humankind
>>543545629Thank you based chaos gods
