/biz/ - Business & Finance

>>56866334
>Prices were fucking insane

LOL

>I didn’t have a big enough down payment at the time.

You don't need 20% down to buy a house.

>>56408298
You did not need dual incomes to buy a house in the early 2010s.

>>56018772
Because they weren't making $15/hour back in the 70s-80s to work in retail/fast food.

Home prices match the purchasing power of the buyers.

>>55912483
All the white families I know own their home.

The renters are the single people who were telling me from 2010-2020. "I'm going to wait for the next crash". In reality, they were

>in loads of student debt
>couldn't save for a down payment
>spent way too much money on bullshit (pets, takeout food)

They deserve zero sympathy.

>>55309534
>rates double
>buyers have less purchasing power
>prices are supposed to go down
>boomers decide "well then, i wont sell"
>prices stay the same
>housing is now even less affordable