Trump during the 2024 campaign promised to bring mortgage interest rates down to 2%: “We’re going to bring it down really fast. We will drive down the rates so you will be able to pay 2% and you will be able to finance and refinance your homes at much lower cost.”
>>543931434mortgage rates should honestly be 18-22%.
>>543931434Mortgages shouldn't exist, they're the main reason no one can afford homes. If mortgages were to be abolished, home prices would tank to match the average income. Imagine instead of just saving up a down-payment, that money got you the whole house free and clear. This is what they took from us.
>>543931434Trump also said no wars trump also said he'd lower prices. He's full of shit and your just now realizing this?
Just abolish zoning laws and building codes and let people who can’t afford homes build favelas
>Rates rates ratesShut the FUCK up and lower your asking. Oh, you can't or won't" Enjoy your OSB bags, nigger.
>>543933915Yes but then almost every state and local government would go bankrupt as well kek, the property taxes assessed against insanely inflated prices keep the afloat
You will own nothing; and be happy ;3
>lol
>>543933993We aren't in a war and things like eggs and other things gone down.
The housing market is not savable. It is a dieing niche until property taxes and insurance are addressed. People literally are paying $700 a month on average just to rent their homes from the county. That is $700 extra a month on your mortgage going to escrow.10 years ago that was considered rent.Until that situation is resolved the market is dead. Price dips will not save it either because counties keep filling the gaps and raising more and more to keep up with inflation elsewhere
>>543934141I live in the rural south and this morning gas was $3.99 it was $2.53 in January
>>543934175>fill the country with overpriced mcmansions and keep rates way too low for decades >kill white collar work with AI and low-payed Indian slaves>profit???It's ogre
>>543931434Trump is Gorbachev. Managing the decline. Once he's gone all of the kikes will flee with their loot just like they did in the 90s after the USSR collapsed.
>>543931434We're going to have high-priced homes with fifty year mortgages financed at high rates. HAVA NAGILA HAVA
>>543934282Gas is not everything and it's still cheaper than the highest under Biden
>>543934306It is overIt's been over for awhile but tricky finance options and all that no cattle flippers kept it alive. Now everybody is about to buried. Because there is literally no price floor. Everytime prices meaningfully drop the counties hike the taxes. My tax bill in rural long Island is $10790...let that sink in. For a 3 bedroom 2 bath 1200 square foot house on a half acre. My mortgage payment was only $1100 from 2007-2014I paid it off super early. I thought I was done, I could relax but no. Since 2018 every year it goes up and up. Almost 300% now since then.I literally am getting to the point where my property taxes exceed my mortgage I used to have. It's theft. The housing market is dead
>>543934913Did your hear about the Airbnb stuff? Comically leveraged retards leftover from the pandemic might get the party started
>>543934586>it's still cheaper than the highest under BidenIt's also not as low as it was when Trump took over, nor is it heading anywhere near the same direction
>>543935039Out of all the people who need total financial heeming, perhaps it is they who need it the most.
>>543935229>It's also not as lowDoesn't matter still under the highest of Bidens which you and kikes always leave out.
>>543935039please elaborate
>>543934017>Just abolish zoning laws and building codes and let people who can’t afford homes build favelasWe can't have this because of boomers.
>>543934093>implying they're not already bankrupt
>>543931434>Trump Promised Low Home Mortgage Rates Now They're Higher Than BideGosh did I fall for it again again??
>>543935578Long story short, the Airbnb model in its final non-subsidized-by-venture-capital state is basically just not competitive with traditional hospitality services. Anyone with a brain could have seen that coming. Rumors that some Airbnb's are sitting empty the vast majority of the time. During the post-pandemic boom there were a huge number of retarded influencers talking about buying up property with low rate loans and essentially building a leverage time bomb waiting for the next recession when vacation budgets get cut.
>>543935716Riddle mean this, why is trump heavy on municipal bonds
>>543933915>they're the main reason no one can afford homes.Mortgages have done more to help more people afford homes than anything else in history. Picrel. Home ownership only became the norm AFTER 30 year fixed rate mortgages started being allowed in the 1930s. Before that, the majority of Americans were rentfags who never actually owned the home they lived in.>If mortgages were to be abolished, home prices would tank to match the average income.No, are you retarded? No one is going to sell a house for 1/100th of what they paid for it. They would just rent it out forever.>Imagine instead of just saving up a down-payment, that money got you the whole house free and clear. This is what they took from us.No one took anything from you, because it has never been anything like that. Houses have always been the single most expensive thing that most people ever buy. The idea that it was ever normal for people to be able to buy a full house for the equivalent of a few thousand dollars today is completely delusional.
>>543935578People took out loans, large loans, many loans, in order to buy short term rental properties. In many cases, they even daisy chained these properties together, using property A as collateral to buy property B, etc. Now, these loans were contingent on income from Airbnb and other rental services. That income is no longer in coming and the owners are becoming insolvent, which could result in defaults and a huge amount of what was STR properties being unloaded.
>>543935880Forgot the picrel showing the overall homeownership rate in the US from the 1890s to today.
>>543935802I see. So instead of people trying to LARP as real estate wheeler dealers like twenty years ago, you have people LARPing as hotel management. muh income stream
>>543933915>got bullied by /pol/ into thinking any loan is the mark of the beast>thinks he has to pay for a house in full now or else he is a goy
The boomer class simply can't fuck off fast enough.
IT'S WORTH IT FOR ISRAEL
>miggers ACTUALLY UNIRONICALLY thought fraudulent billionaire real estate mogul would make real estate cheap and accessibleholy kek
I remember posts in like 2022 saying this is your last chance to own a house and I owned one and didn't give a fuck but man they were right
>>543935880>>543935910what about the home ownership rates of china, russia, india, singapore, vietnam, poland, hungary, slovakia, romania
>>543936065>hurr durr let me obsess about DRUMPF! some more!Fuck off and kill yourself already you brainlet.
>>543936140No one owns a home in china lol. ALL property is leased from the government for 70 to 99 years.
>>543936140Chinese don't have homeownership. They define homeownership as renting from the government. >If the government is your landlord then you actually own your home You can't even make this shit up. The only race that can out Jew the Jews
>>543931434>30 year of debt slavery paying upwards of hundreds of thousands in interest alone for an overprice cardboard """"""house""""""" that WILL be eaten by termites or destroyed by a slightly strong wingImagine having one chance at life and being born american holy shit it's terrifying
>>543935907>which could result in defaults and a huge amount of what was STR properties being unloadedIf that happens, the banks will eventually foreclose on those properties and auction them off to a real estate investor for close to market value. The price of houses isn't going to suddenly drop 95% so that all of you retards who can't even afford a 3% down payment can buy a house outright. It doesn't work anything like that in real life.Even in a severe real estate market collapse like in 2008, the prices for houses never dropped much more than ~20% from the all time highs in most places. Housing prices are relatively inelastic. If housing prices decrease, many of the people who own houses and were considering selling and cashing out will instead ride out the market and wait on prices to increase, decreasing supply. At the same time, people wanting to invest in real estate will see it as a good time to buy, increasing demand.
>>543936197>no argumenti accept your concession with grace migger-kun
>>543931434Honestly every country just needs to pull aid from Ukraine at this point. At first it seemed like it would be a few months of hardship but fucking hell guys is it REALLY worth utterly fucking the world economy?
>>543931434>Trump PromisedI stopped reading and started laughing.
>>543931434Iran cannot have a nuclear bomb. Why is this so hard to understand?
>>543936491I'm terribly sorry, but I don't believe the "Blackstone ex machina" meme.
>>543936540I think to this day the reason we are going hard with it is because there are secrets there we need protected you just look at how Hunter Biden and others got cushy jobs there with secret money that there must be sketchy shit going on in there
>>543934586>Well actually 4 years ago there was a month or two when gas prices were higher than they now. The current state of miga.
>>543934141Wrong about everything but ok
>>543934586Wrong again chud
>>543936140In China, you only technically own the structure, and then rent the land from the government (until they decide to take it back).In the former communist countries, they privatized the real estate market by just giving the ownership of housing units to whatever tenant happened to be living there at the time.Singapore has some bizarre system that isn't applicable anywhere else.In India, they are counting all of the shacks built out in the jungle and in slumdog shantytowns as "owning a home."
>>543936478>this is somehow different than paying $10k a year in property taxes indefinitely to the state. Until they raise taxes, again
>>543935471Nope another lie
>>543936770>it's ok when gas was higher beforelook at these dishonest leftypol kikes>>543936807Nope kike>>543936837Kill yourself leftypol kike>>543936869Another kike post
>>543931434We just need to stop corporations like blackrock from buying houses for the sole purpose of letting increase in value.
>>543935039Again it's all irrelevant. Prices will never come down meaningfully. Counties are hiking into price cuts and down markets. Eventually you will see $100,000 house prices with $20,000 annual tax bills and a 30 year mortgage payment of $5000
>>543935957Hi there Shlomo, it should be possible and simple for anyone with impulse control to buy a house in cash without having to pay the banks more than the house is worth in interest over 30 years. Mortgages in themselves move the goalposts away from total affordability to affording only a down-payment and now even that is becoming impossible with a dual income household. Inflation isn't the only thing responsible for this predicament, it is the fact that anything that requires loans to acquire will inevitably start charging more money to acquire it. College and cars were also affordable until loans were brought into the picture. Usury is bad and should be banned.
>>543934141Why are miggers so delusional and supportive of pedophilia, bros?
>>543934586On one hand you have spikes under Biden caused by COVID and Russia-Ukraine supply shocks. On the other you have a war of choice initiated by Trump. These aren't equivalent circumstances. Biden actually did more to cause gas to spike in his term when you think about it. He had the choice to psionically link to Putin and stop the invasion (he didn't!). He had the choice to go back in time and stop COVID (he didn't!). Trump, on the other hand, had no choice. Iran CAN'T be allowed to get nukes.
>>543937000Why do he support his country being raped by Africans bros?
>>543936940>this time it's different
>>543937056Ukraine was also supported by Biden with the money we poured into it plus Ukrainian gas is more a Europe issue than for us. Biden could have lessened the blow that came with inflation and he made it worse and we paid for it at the pumps. If you kikes were honest about this we would take you seriously
>>543936723I'm not talking about large institutional investors. Individual real estate investors would buy up most of the foreclosed houses formerly being used as Airbnbs in the situation you are describing. Those types of properties would be extremely appealing as investments, more than a typical foreclosed property that might be in bad condition. If the former owner was trying to use it for short term rentals, the new owner can probably turn around and start renting it out long term almost immediately. Earn a few thousand per month from rentfags for the next year or two, then sell it when the prices have recovered. Nice quick profit that is about as close as you can get to guaranteed in the real world.
>>543936970i agree, ban usery
>>543936894Hey retard, I didn't say the 2022 spike was ok either, but only a zionist faggot makes excuses for gas prices being shit because for a brief moment 4 years ago they were even more shit.
>>543937056>Iran CAN'T be allowed to get nukes.ohhh god, this again
>>543935880>rent it foreverYou act like every home is going to bring its mortgage in rent or that owners dont become distressed for other reasons.>after mortgages people owned more homes than ever!Yeah, duh, but its a never ending cycle of inflation until a reset. Someone's got to eat the loss. They have always found a way to make mortgages cheap again so line kept going up. Another trick or two might exist but unless they can find cheap credit ownership with drop to sustainable levels. So either wages are going up (won't happen) OR credit gets cheap again, OR, prices drop to a level people can afford
>>543937274You are a kike who made the old "it's not ok .......BUT it's actually ok" kike logic response.
>>543937355Why are you calling me a like as you make excuses for the economic collapse brought on by wars for Israel? If you hate kikes so much, will you state that the US should stop fighting their wars or will you continue to defend them and project?
>>543937322Or people just go back to being renter serfs like for most of history. As it stands with property taxes this is essentially already the case. Don’t pay your property taxes on your “paid off” house for three years and you’ll find out who really owns it.
>>543937132What part about what is said was wrong? Housing prices will come down. Property taxes will keep going up to make up for inflation The end result? You won't be able to afford a house anyway
>>543937064>Why do he supportGUTEN MORGEN SAAAAAAAAAAAAAAAAAAAAAR
>>543937575>me a likeThe kike can't even say kike AHAHAHAHAHAHAHAHAHA
>>543935880Landlording is a slim profit industry.S new roof alone costs $20,000. You need one every 15 years. Add in property taxes, insurance etc. it's not that profitable.Apartments and trailer parks are where it's at really
>>543937643>The kike can't even say kike AHAHAHAHAHAHAHAHAHAOh ok, you're just pretending to be stupid (well, slightly more stupid than you are). Carry on, rabbi.
>>543937642>it's ok that my woman are being raped by Africans and my government helps them kek
>>543937188>investorsLarge or small, I don't think they're coming to the rescue with debt being so (relatively) expensive, which is the point of the thread. In fact, yields are approaching the threshold that makes bonds appealing compared to other assets. Why go into debt for an asset to get income when you can own someone else's debt for income?
>>543931434You fucking morons lmao
>>543932192Based and true. >>543934358The USSR wasn't in decline: https://drlivci.substack.com/p/the-myth-of-stagnation-under-brezhnevInstead it was detonated from above: https://drlivci.substack.com/p/a-tribute-to-the-kgb-and-soviet-nomenklaturaFrom the first article:>BREZHEVS PRIMARY RESIDENCE HAD 6 ROOMS AND 2 BATHROOMS111!!Power but not wealth for the elites. Now the elites are wealthy because they looted the country and many of them are ethnic oligarchs.
>>543937823Who are you quoting, stinky jeet?
>>543937698>>Apartments and trailer parks are where it's at reallyMaybe on paper.When you rent to bad people they unreliably pay and cause damage to the place.That revenue stream is not 100% solid and includes no payment for extended periods while dealing with eviction in court. Then damage and repairs worth months of rent, and even if you win a judgement against them may be waiting years to get paid. While having to deal with violent stupid hostiles as angry tenants.Slumlording lots of smaller cheaper places isn't easy.
>>543937601Im part of the monied class so that sounds fine to me. A majority of the underclass is subhumans now anyway, why should they own a home?
>>543938046You cuck Spaniard unless you are one of the niggers doing the raping then it makes sense.
>>543932192Too low.
>>543938049We are entering an age where violence will rule the streets. Brazilification has its benefits too. Legality doesnt matter when violence and intimidation is on the menu.
>>54393804955 and older park where people provide their own trailers and the rent is a pad fee.>>543938112Ah sweet a larper.
>>543934141We’re in a war and eggs was just normal agriculture price fixing. Everything is getting worse and now there’s another plandemic happening with the russian nuplague. Israel should be bombed all the way down to the earth’s mantle and the hole should be sealed with concrete.
>>543937188I dont see individual real estate investors having enough capital to take a meaningful chunk out of that specific market relative to how over leveraged it is. The majority of the top part of the K is starting to run out of cash, and them leveraging their stocks and whatnot to then purchase the foreclosed Airbnb homes would just multiply the leverage they're exposed to even more.Are bond yields going to suddenly go down? Is AI going to suddenly solve all the problems in the job market?Is 20% of the worlds energy and fertilizer supply going to come online when Trump opens the straight in two more weeks?Shits fucked. I dont know if this is the big one where we go back to the 1800s, but its at bare minimum going to cause a depression that lasts a generation.
>>543937643On second thought, instead of focusing on my phone's auto correct answer the question you dumb nigger. Do you support the US fighting Israel's war in Iran?
>>543931434JUST*clap*GET*clap*THE*clap*50*clap*YEAR*clap*ONE*clap*
Is there any hope for me? >33 still living with parents>only $50,000 in savings left >most I ever made was $25/hour >went back to community college after getting laid off because lol why not >almost done finishing the dogshit associates degree I started when I was 18, which won't do shit for my employment prospects>could go back to wagecage for 25 per hour>no reason to because can't afford a house>would be happy with an 800 sq ft trailer but they all come with a fucking 458 dollar a month HoA fee so it's no longer affordable. >started reading more about living in my car because it's the only thing I actually own
>>543934141very much good english sar
>>543931434>Trump PromisedHAHAHAHBut seriously tho.What you vote for has no relation with what you get.What is even the point of """Democracy"""?
>>543931434Orange is the new black. He'll steal from you like a nigger would.
>>543938252>egg prices down bad even though when they were up i whined about them ok kike sure>>543938303>kike's phone autocorrects because he never uses the wordAAHAHAHAHAHAHAHAHA this just gets even better
>>543938122You jeets are obsessed with rape, maybe that's why you still support zion don (known pedophile rapist). Keep your brown fantasies for yourself, buddy
>>543938341Better than you kike>>543938429>it's ok that my country is literally and metaphorically being raped because something something Trump
>>543938241You can call me a larper here all you want, just make sure you address me as Sir when your signing the lease rentoid.
>>543935880>>543935910Most people were rentfags in the late 19th century as a result of the Industrial revolution bringing people to cities for work. Prior to the Industrial Revolution, many more people owned homes and land because most people were subsistence farmers. In fact, the government at one point literally gave away land to anyone wanting to settle the western half of America. The idea that no one ever owned anything until le based cripple signed the mortgage jew into law is incredibly intellectually dishonest. The sellers don't get to decide what the market value of their product is, the buyers do. If mortgages were to be abolished, 95% of demand would collapse immediately and the only ones buying would be richfags and investors, and even then their demand is limited. A demand side collapse would inevitably lead to prices tanking, and that's not in the seller's control. Abolishing mortgages would of course have a very extreme and immediate effect which people don't want because it would be too drastic, which is the only thing I can agree with. People are already mostly priced out of renting leaving many to live with their parents or grandparents, so if people can barely rent or buy a house as it is, what makes you think it will be so easy to rent out your property forever? Do you think rents won't also decrease with a sharp reduction in purchase prices? Most people aren't prepared to be landlords and many suffer trying. If you have an average home, you would still be able to sell it and use the money to buy a different average home regardless of what the dollar amount is whether the average home is $300k or $80k. For that alone, there will still be people who will sell, because life happens and people will need to sell for various reasons outside of seeking wealth. Mortgages will never be abolished because it is the single biggest source of income for the banks and for the government and anyone who tries will most certainly be JFK'd.
>>543938422>AAHAHAHAHAHAHAHAHA this just gets even betterKike. Kike kike kike. Would you like to answer the question now, nigger bitch? Or will your rabbi masters not allow you to?
>>543934586Diesel is literally breaking record after record. Highest price ever since about 2 weeks ago, when it was previously at the highest price ever.
>>543938495>something TrumpThis thread is about zion don and his demolition of the american empire and the extreme empoverishment of the american people under his corrupt and pedophiliac kike regime tho
>>543938501I “own” my own place dipshit. Or at least I’m allowed that illusion for as long as I’m up to date on my property taxes. Just like you.
>>543937322>You act like every home is going to bring its mortgage in rent The vast majority of them will. The current rent prices for a given property and location are generally slightly more than what a monthly mortgage payment would be. That's how the whole system works. >that owners dont become distressed for other reasons.Some will, most won't. >but its a never ending cycle of inflation until a reset. It's not a cycle and there is no indication of any kind of "reset" in the foreseeable future. We will continue to have ~2-5% inflation and the price of everything denominated in dollars will increase and the buying power of a dollar will continue to decrease, just like it has for all of modern history.>They have always found a way to make mortgages cheap again so line kept going up.No, they haven't needed to use "tricks," people get mortgages because everyone needs somewhere to live and getting a mortgage to buy a house is one of the best possible financial moves most regular people can make in their lives, other than investing early and often to take advantage of compounding returns.>So either wages are going up (won't happen) OR credit gets cheap again, OR, prices drop to a level people can affordPeople can afford houses. People are still buying houses in large numbers. Prices are what they are precisely because so many people are willing and able to pay those prices for houses. Adjusted for age, younger generations are buying houses and becoming homeowners at the same rates that older generations did.You seem to be confused, and think the fact that (You) can't afford to buy a house means that most other people also can't afford to buy houses and that there must be some kind of widespread systemic issue causing this. But that isn't the case at all. People are still buying houses and becoming homeowners and the overall homeownership rate in the US is still solidly in the 60-70% range it has been in since the post WWII economic boom era.
>>543938546Yea you had to force that now after being called out kike but you already exposed yourself>>543938605Diesel was highest under Trump too memeflag>>543938616I can't fathom being a euro cuck. Your country is being invaded by brown hordes, your government is complacent in it, woman raped but you turn a blind eye and go "heh whatabout Trump" and deflect to America. This is nigger tier we dindu nuffin level thinking.
>>543938616the only part I would push back on is pinning this all on the orange nigger, thats just recency bias. All of our kike controlled overlords should be named and hung for their traitorous contributions to the rape of our country.Sleepy joeKing NiggerBush 2all evil fuckers who should be publicly hung, no hood, and televised nationwide
>>543938764its a shame that I wont be able to see your face when the system isnt able to kick the can down the road any longer
>>543938616Miggers don't even defend Trump anymore, they just beg people to stop talking about how terrible he is.
>>543938422>making shit upI buy local so the poisonous jew vermin companies you love so much jacking up their prices didn’t affect me. Go back to what ever nightmare you crawled out of and kill yourself there. You’re a blight upon humanity.
>>543938776>"heh whatabout Trump"This thread is about his failing regime about to get anally brutalized in the midterms tho>brown rapeRape rates in Ceuta at the top of the invasion were like 1/10th of Chicago right now too, and your president is a child rapist too>>543938790Republican'ts seem to be uniquely corrupt and degenerate though. Bush Jr and his multiple kike wars and now this orange pedophile,the nigger and the old pedo both look like Marcus Aurelius next to those retards, and Reagan was worse than both of them combined
>>543938776>Yea you had to force that now after being called out kike but you already exposed yourselfWell since you refuse to answer it's pretty clear where you stand. Have fun supporting zionists and their zionist wars. Now go eat some crayons, fag.
>>543931434Mortgage rates being high is good for those seeking new homes because it means that a lot of these boomers won't be buying their 2nd or third property to rent out because the rates are too high. Home prices will fall (they actually have been falling for the last few years now)
>>543938776Ok, this is definitely some kind of brownoid, the seething resentment of Europe proves it.
>>543939019>Republican'ts seem to be uniquely corrupt and degenerate though.because they are the designated losers, and are prescreened to be closet homosexuals 80% of the time. You cant have the team thats supposed to win (democrats) do all the obvious damage, that would be poor optics. You have to have the evil racists do all the easy to see damageAlso red vs blue, who is worse, is some of the gayest shit you can engage in. Dont do it
>>543938978Of course this leftypol kike is a liar see pic related. Probably wasn't even aware prices when down because he is a NEET loser and mommy buys his groceries >>543939019My discussion with you as you are not from the United States and who Trump isn't your president is about how you are ok with brown men invading and raping your country and raping your woman and you ignore your issues and deflect because all Europeans are dindu niggers
>>543939081Thank you for exposing how you disingenuous leftypol invaders are all kikes.>>543939170>it's ok that Euros attack our issues but ignore their issuesyou must be a VPN euro kike
>>543939247Definitely a jeet, the more upset he becomes the worse his English gets.
>>543937056>caused by COVIDThis guy thinks the covid panic wasn't manufactured even though the media told everyone that Trump's travel ban/border closures to stop it wouldn't help because covid wasn't dangerous nor would it spread. Normal people should have noticed that their hysteria started moments after they used courts to overturn the travel bans.>These aren't equivalent circumstancesExplain how, considering they are both manmade happenings?
>>543932192Mortgage rates need to be 500 or 600%
>>543939304>Thank you for exposing how you disingenuous leftypol invaders are all kikes.So did you eat red or blue, you zionist pedo apologist?
>>543932192Yeah and the average home should be 80k.
>>543936850>In China, you only technically own the structure, and then rent the land from the governmentsounds familiar, except we call it perpetual property tax
>>543934586>gas is not everythingYou do realize it costs gas to transport everything?
>>543931434>Trump promised.....
>>543939305>proves another kike wrong>u..u...u madkek I accept your concession kike>>543939343Type kike come on>>543939403Yes and transport isn't everything kike. Prices have dropped in other places
>>543939200>prescreened to be closet homosexuals 80% of the timeI fucking knew it, they always look faggot coded like the kind of homo that embraces christianity so they can be close to children. It's a good cop bad cop thing isn't it?>>543939247>My discussion with youNah that's your brown attempt to deflect the discussion of the thread which is the Trump regime and the ruin he's bringing upon his people with his losing war against Iran, his retarded tariffs and his trillions in debt at +5%. Your brown cope about rape isn't working, you're too brown to be able to pull that off
>>543938764Holy cope. Mortgages have used nothing but tricks for its entire history for people to buy homes. There is a huge incentive for everyone to be able to get a mortgage because that means incredible amounts of interest paid to the banks or government. The government and banks will do anything to get that sweet sweet interest money, they do not care if you own your own home, they care about how much money they can siphon from you. Your own graph disproves your point about younger generations being able to afford homes. The average first time homebuyer is nearly 40, and any young people who are buying homes are increasingly getting help from their parents because their jobs don't pay enough on their own. The government doesn't have any more ways to get people in the door and also make a profit anymore, the music is stopped and there are no chairs left.
>>543939460>Type kike come onI'll put you down for blue, since it's the color of your real flag.
>>543939493>they always look faggot coded like the kind of homo that embraces christianity so they can be close to childrenits that, plus gives a cope for being molested as children and being gay as a result>It's a good cop bad cop thing isn't it?more or less yeah, for both sides. Its incredibly effective, which is why there will never be a third party allowed
>>543937698>new roof alone costs $20,000. You need one every 15 years. No, even the shittiest shingle roof will last more than 15 years, usually at least 20-30, and will cost less than $20k. A metal roof that actually costs $20k will probably be good for 50-100 years.>Add in property taxes, insurance etc. it's not that profitable.Property taxes and insurance will be about 10-15% of gross rent. It can vary a LOT but as a very rough rule of thumb, real estate investors looking at a property will estimate that all of the non-mortgage expenses like taxes, insurance, maintenance, landlord paid utilities, occasionally having to buy a new roof or appliance, accounting for temporary vacancies, etc will add up to ~30-50% of the gross monthly rent.
>>543939493I didn't deflect to anything. My conversation with you as a non American is why are you ok with your country being raped by niggers and you just deflect because all you euros are dindu nuffin niggers who ignore your own issues. It's really pathetic.>>543939514>kike can't do itkek
>>543939460>>543939633so you are shilling for trump and calling people kikes?very rich you dumb jewish clown
>>543939633The thread is about zion don and his extreme pedophilia and how the republican party will cease to exist in november because of his corrupt and retarded administration tho, please stay on topic and keep your brown rape fantasies to yourself
>>543939633I'm gonna laugh so hard at you shills when your zionist party gets blown the fuck out in the midterms.
>>543931434Trump got in office then said he wanted to keep the housing market inflated. He even said he could easily deflate it, but he's not going to do that. That was him twisting the knife after plunging it into our backs.>I could bring the housing market down, it would be easy. But I'm not going to do that. The people who own a home for the first time feel rich. I'm not going to take that away from them.He said something along those lines, almost verbatim.
>>543937698Why can't a landlord own an entire commieblock? We have some investors from Albania who do just that. And it doesn't need roof repair nearly as often
>>543939732here comes another retarded Euro kike ignoring all his issues and whining about a president that isn't his>>543939803The conversation between me and you was how you are another pathetic euro whose country is being raped by niggers and you turn a blind eye to it and go "whatabout Trump" because you are all cucks.>>543939815What does getting blown the fuck out even mean when everything Trump does is with EOs already kike so nothing will change?
>>543937698>every 15 yearsNigger who the fuck installs an asphalt roof in 2026? If you're not putting metal down you're retarded.
>>543939815either party is fine for him as long as you dont plead 2nd to jewish occupation of your countryhis goal is to keep you invested in their democracy scam so you wouldnt take matters in your own hands
>>543939815remember to spam post “you lost, transgentile” at them
>>543931434>The president who just happens to be a landlord makes sure property is unaffordable and people must rent foreverWhat are the odds?
>>543940064Thank you for showing that the "you lost, tranny" meme upset you guys so badly that you have to do the leftist kike thing where you copy it lol
>>543939962Oh nothing will change, but I'm going to laugh at the zionist right getting stomped anyway. Eventually we can root out the zionists though. No one under 40 supports Israel so they can't cling to power forever.
>>543940154nobody cares you dumb kike
>>543939962>here comes another retarded Euro kike ignoring all his issues and whining about a president that isn't his
>>543931434As a landlord, I’m lucky that I have good rates on all my properties. I have 5 properties payed off and the renters are paying off the mortgages on the other 12 for me. It’s nice.
>>543937643The post you responded to literally has the word kike in it, you cultist nigger.
>>543932192+10 shekels into your Jewish account
>>543938524>Prior to the Industrial Revolution>Homestead ActsIrrelevant because literally everything was so completely different then. You might as well be arguing that the homeownership rate was high back in caveman days because you just had to find a cave and chase out any bears then you owned it. >The sellers don't get to decide what the market value of their product is, the buyers do.No, both of them do. This is basic economics and you are a complete retard.>If mortgages were to be abolished, 95% of demand would collapse immediately No. People still need to live somewhere. All of those people who were no longer allowed to get mortgages would just end up renting instead. Abolishing mortgages wouldn't eliminate demand for housing, it would just make it harder for people to buy houses so they would rent instead.>People are already mostly priced out of renting leaving many to live with their parents or grandparentsOnly the poorest of poorfags and failures at life.>so if people can barely rent or buy a house as it is>Do you think rents won't also decrease with a sharp reduction in purchase prices? No, of course not, you are still just (wrongly) assuming there would be a sharp reduction in purchase prices.>Most people aren't prepared to be landlords and many suffer trying.Yes, and they will be very pissed at whatever asshole forced them into becoming landlords by abolishing mortgages.>If you have an average home, you would still be able to sell it and use the money to buy a different average home regardless of what the dollar amount is whether the average home is $300k or $80k. No. Are you retarded or 12 years old? If the price of a home drops from $300k to $80k, and the owner is forced to sell, they won't be able to buy anything because $80k will only cover a small part of the amount they still owe on the mortgage they took out to buy the house when it was selling for $300k. Which is why none of those people would sell at that price.
>>543940176>Oh nothing will changegood kike you admit this is pointless then lol>>543940185You do you are seething so hard about it you are preparing your "left can't meme" copy of it lmao>>543940287>no u deflects and proves me rightkek>>543940413Yea kike because he automatically filters again it that was my point kike
>>543939502No. You are just completely retarded and do not understand how mortgages or the economy or anything else works on even the most basic level. Literally everything you are posting in this thread is totally incorrect.
>>543940502>>no u deflects and proves me right>kek
>>543936930100%There's even local smaller businesses doing the same, buying all single family houses and increasing average rent.
Adjusted for inflation that's like 2% I don't know what you're complaining about
>>543940582>no u deflects againkek this is all the low IQ euro brain can do
>>543939460Transport is like 99% of civilization
>>543940757If transport goes up and other things go down that were up under Biden it balances out kike
>>543934175Because private property in America is a meme.
>>543940502>good kike you admit this is pointless then lolIt's not pointless. Ziofags need to be stomped out of government until we take it back. That might not happen over night but it's still important to start rooting them out asap.
>>543940756you cant even do that you dumb jewish clownall you can do is calling kike anyone who doesnt support the guy who just sacrificed US economy for israelgood luck finding anyone dumb enough to fall for it you filthy jewish subhuman
>>543940008Alot of ordinances and HOAs do not allow metal roofs. They are ugly and corrode
>>543940502just found a picture of your discord meetup
>>543940176>He doesn't know Democrats are bigger zionists
>>543940847>it's pointless>it's not pointlessholy kike pilpul lol>>543940848>n..n...no u just ignore that Europe is failing whine about Trump
>>543940975>"r...r...remember guys to prepare and repurpose the you lost trany meme since it has upset us so much the last two years"kek
>>543931434I bought my home earlier this year, and my interest rates were 0. I love this country, it rewards people who outsmart the system, in this case, by paying all cash up front.
>>543940409Such things are achievable.For me, I just refinance every few years. Take a big lump of cash and buy a new property. Let the renter pay the refinance cash outBut I have sold 2 of 3 properties early this year. I saw the writing on the wall and the anon saying it's not profitable is spot on. It's really not. The product is in the equity, not the renter s rent payment. All the damn taxes and repairs..I get maybe 5% in my pocket annually in what I would call profit. It's the equity. You use it or lose it.
>>543934093The entire country is already bankrupt
>>543941001I didn't say it was pointless to begin with. You really are a low iq nigger aren't you?
>>543941001what europe has to do with you being obviously jewish you dumb jewish clown?go on post something showing jews in bad light you dumb kike
>>543941299You did. You clearly fucked up but you did and it is pointless because Trump is not pushing the senate at all to do anything so why would "losing that" even matter? How retarded are you lefty kikes?>>543941428Look at the conversation I had with the Spanish cuck. Places like Spain are objectively getting raped by niggers and complacent politicians and you cucks ignore that and go "whatabout America". It's so pathetic how you euro cucks do this. I wouldn't be shocked if it was by design from your leaders to ignore issues in your own county and whine about Trump all day.
>>543941543>You did. You clearly fucked up but you did and it is pointless because Trump is not pushing the senate at all to do anything so why would "losing that" even matter? How retarded are you lefty kikes?Go back and read it again slowly you dumbass. Reading comprehension is not your strong suit.
>>543940454You seem to be in great denial of the situation at hand. Just because you think the priced out population are failures, it doesn't mean you get to discredit the fact that their group is growing in number at a rapid pace. The average dual income household cannot afford the average mortgage.Yes, people need somewhere to live, but many people would sooner build shantytowns or live in their cars/with parents than pay the outrageous rent prices. People need somewhere to live, but that doesn't mean they'll necessarily rent, it's not one or the other, there are other options. Currently, as the home prices are falling due to low demand, rents are also falling and landlords are increasingly offering incentives to fill units. Less people getting mortgages is already having a similar effect to there being no mortgages at all, which is why I know that the result of mortgage abolition would be a much more extreme version of the events that are currently playing out in most parts of the country. I agree that just abolishing mortgages without easing into it is too much and will cause a severe reaction which needs to be carefully thought out, but the ultimate result will overwhelmingly be positive. Affording a house without a mortgage is possible, the problem is that the current system is built around mortgages and removing them will collapse the house of cards, but that's something that was going to happen sooner or later anyway. The fact that people are having less children who will take on less mortgages in the future will lead to a similar result because there is going to be too much supply for the demand. People who own now will hold out until they can't or until they die, and then their children will most likely sell the inherited house and use the money for their own needs. Calling me retarded won't change any of this, it just makes you and your arguments even worse.
>>543934017How about we just deport you instead lol
>>543941543no one cares kikeit still doesnt change the fact you are obviously part of pic relgo on post some proofs of jewish organized crimes and terrorismcan you do anything but spewing this mindless bullshit of yours you mentally ill jew?
>>543941595I did and reread what I wrote where him "losing" the house and senate wouldn't matter since he doesn't rely on them but that would require you actually paying attention to how our government works and none of you leftypol kikes do that or understand how the government works.
>>543941681>no one caresYea that's my point euro cuck you pathetic losers let your own countries burn with corruption and ignore it and go "whatabout Trump" like the good goys you are.
>>543934141Kys migger
>>543941684>I did and reread what I wrote where him "losing" the house and senate wouldn't matter since he doesn't rely on them but that would require you actually paying attention to how our government works and none of you leftypol kikes do that or understand how the government works.
>>543940959>UglyThat sounds like a retarded boomer opinion. They look fine.>corrodeThey're rated for 50 years without even painting them... If you paint them they will outlive the rest of the building most likely. There's metal roofs still in use from the mid 19th century.
>>543941652But it is one or the other. It is illegal to be homeless and illegal to live in your car. If enough people start doing that and rented placed arent getting tenants, you will see a massive surge in cops and they will start sending people to prison for years at a time if they get caught as "repeat offenders". Housing isnt a right but it is illegal to not have housing lol, why do you think that is.
>>543941730you didnt make any point except for proving you are part of JIDF you jewish retard
>>543936197can't tell if you're acting retarded on purpose
>>543941116oh wait you’re that braindead qtard boomer from the ‘trump cancels corporate crime investigations’ thread. you will die from diabetes soon, lardass.
>>543931434So what you're saying is that we need that $5,000 Trump promised more than ever.
>>543940502>automatically filters again it that was my point Saar do the needful and DO NOT REDEEM
>>543941151There shouldn't be any other way to buy a house than paying all cash upfront. It's objectively the best way to buy and mortgages make it too hard for people who do the right thing and pay cash.
>>543941737>another seething leftypol kike>>543941743>>543941797>euro kike can't even reply to the correct posts anymore due to how much he is seething>>543941852>guys guys that meme hurt us so badly we have to no u it to themkek I never realized how much you lost tranny upset you guys>>543941868>another leftypol poster that can't say kikelmao
>>543941940> Loving Israel and Jews is based and right wing nowAm Yisrael Chazirim Iran should have a nuclear weapon and use it on Israel
>>543941151>anon was flagged by the IRS later, for the suspiciousness of owning several hundred thousand dollars in liquid cash while not being one of the Chosen>he was audited and caught red handed failing to correctly file 11 years ago, and owed the US government 75.43 USD>he was sentenced to 11 years in prison, at a maximum security prison for violent offenders considered at a high risk of reoffending >his cellmate was quadruple murder rapist Tyrone Gibson
>>543935957This. Nu/pol/ is so embarrassing.
>>543941940trannies believe trump is bad because he is antisemitic and youre a migger who pretends to be antisemitic on 4chan. you both have a laughably fake worldview. kys you disgusting golem.
>>543942057being a dishonest leftypol kike like you is being a kike
>>543942059Yeah that's not going to happen. I pay too much in taxes. Just nothing in interest.
>>543942119Nice try, kike, but we all know maga is a profoundly philosemitic movement. Explain picrel?
>>543942107>>543942169>leftpol kikes spends their entire day spamming TDS threads to the point where TDS shit is like 70% of the board while acting like a victim pretending he isn't the majoritytop kike pilpul shit
>>543931434I bought a house under his first term. Stupid niggers did not.
>>543941794It's also illegal to put up tent cities in major cities but you don't see much getting done about it. If it ever got to the point where a significant portion of the populace is homeless (and that still is very possible and already trending that way now), you can bet that many of them wouldn't have much left to lose and many would just start shooting cops. Violence is going to become more common as the conditions become less tolerable. There is no way to make things better for the average person without violence + radical changes. Usury in its current form should absolutely be banned, bankers and politicians need to be hanged, and the entire system needs an overhaul.
>>543942107>trannies believe trump is bad because he is antisemitic
>>543931434>Trump during the 2024 campaign promised-Who gives a shit? Seriously when was the last a lying politician fulfilled an important campaign promise that wasn't related to corpo or jewish interests?
>>543931434>this president promised some bullshit during his campaign that he didn't have a coherent plan to accomplish, would struggle to achieve regardless of his plan, and likely didn't intend to actually doyeah
>>543932192this, we need more properties in the hands of wealthy people & boomers who can pay in cash.
>>543942267So I should just ignore my lying eyes? You have no explanation? You’re never gonna win the midterms like this, shill.
>>543933915you have to be 18 to post here.
>>543942107Lmao nobody thinks this not even troons
>>5439425573000 dollars says they do.
>>543942598Post nose please
>>543942557Your kike eyes see nothing but lies. >IMG_9812Oh boy here we go with the kike discord image dump everyone get ready lol
>>543942640He would, but it's 18 inches long
>>543940992They aren't wtf are you talking about do you even know what zionism is? Evangelical neocons are the most fanatical zionists in existence.
>>543941940you are seething you mentally ill jewish clown while everyone pisses on you and your bitch trumppic rel
>>543942640wow you really made yourself seem informed and over 18 with this one. You think that eliminating mortgages would make housing more affordable for people on lower income strata? Obviously it would hurt demand which would cause prices to drop, but that would still drastically benefit people with sufficient assets to purchase in cash. Your poorly thought out solution has no consideration for that issue, nor the fact that there's still a cost to building materials and labor required to make new houses (or repair existing ones). Babby tier analysis, then you got asshurt and went with the refrain that you think makes you sound based instead of retarded.
>>543942688Lol weak b8 2/10
>>543932192This. With high mortgage rates, no one will take them out. Without mortgage money, the demand for housing will plummet and with it the price of houses back to something reasonable.
>>543943984Abolishing mortgages alone wouldn't be a magical catch all solution and I've already acknowledged in previous posts that the process would need to be implemented carefully. Mortgages are a lynchpin of the current economy as we know it and removing it isn't just as simple as abolishing it, it has to be replaced with a better system. Ultimately, it is a universal truth that someone who never goes into debt is better off than someone who does, and it follows that a society without usury is ultimately healthier than one with it, even if that means there is not as strong or active an economy. You sound like a company owner in the early 1900s calling an 8 hour workday impossible because it would destroy everything. There will always be people who can never afford anything, that is unavoidable because some people are retarded and can't be saved. The average person however, should be able to save money enough for a couple years that they can buy a house outright with little trouble. The economy is completely fucked even if we do nothing, the cost of everything will come to a point where everything will stop working and we're already on track for that. Preserving an archaic system that overwhelmingly benefits bankers and politicians isn't the answer, and calling me underage isn't making you look less like a slave who defends their chains.
>>543945116>Ultimately, it is a universal truth that someone who never goes into debt is better off than someone who doesthis is true if you ignore the enormous number of situations in which that wasn't the case. otherwise, it's yet another astonishing simplebrain generalization lacking sufficient nuance. Your equivalence to a shorter workday is either stupid or misleading, because it completely ignores the very specific issue I already surfaced. You wrote a whole paragraph argument that managed to be a generic rebuff wihout addressing the very specific point I made. I'm going to assume that's either because 1) you can't make a coherent argument to the point or 2) you had canned responses and never wanted to actually talk about the facts of the matter at hand. Either is damning.
>>543931434I think he meant low home ownership rates.
>>543945114>i sure hope all the people with cash on hand aren't enticed by those super cheap houses that only a handful of people have enough cash to buy at any given time>i sure hope all the people who build homes are willing to work for a lot less
>>543945270When you talk about the prices of labor and construction of homes, you're assuming that those things weren't already becoming untenable anyway. Costs of all resources are already rising beyond sustainable levels for all except the wealthy, and the cost of labor isn't moving up much but that only makes things worse because the laborers are the ones who need to buy things to keep the economy afloat. That's what I was talking about when I said the economy was fucked regardless. The things you cite as potential issues with mortgage abolition are actual issues happening now. You're in denial if you think the current system is good in any way. Everything is bad and needs a complete overhaul, and usury should be banned. There's the rebuttal to your very specific point that very specifically excludes the reality of our current situation. Happy?
only in the meantime for short bit. they will go lower later though. trump is just deliberately crashing the housing market
>>543931434I just signed my 40 year mortgage at 8% thanks trump for making it so I can afford to buy a house!!!
>>543931434Citations needed.
