/biz/ - Business & Finance

I want to suck her toes

LOCATION, LOCATION, LACTATION

>>22261672
wildfires, mass immigration and online dating

>>22261672
Niggers happened

>>22261672
Satanist jews sent everyone to the cities to study there, become eternal wageslaves and get indoctrinated with self hating, sterilizing propaganda. Traditional jobs are continually losing their firm grip and the tech bubble is growing, while salaries are decreasing. There is one cause of all of this.

>>22261672
YOU'RE BUYING BOOMERS BAG NOW, NIGGER

Bunch of globalist homos out sourced and imported immigrants from China and whereverthefuckistan putting stress on the housing markets of western countries. Also meant no one can get a fair wage cause ranjeet will work for $5 an hour. Oh and then add greedy boomers and predatory loans to prop the economy off of a perpetual debt cycle.

>>22261813
no one can afford boomers bag now tho
Their Ponzi Is Hereby Declared Dead and Done

>>22261672
27 and paid 160k for a 1600sqft house in the suburbs

feel like the house is too big for me desu, don't want a bigger house to "flex" on normalfags either

should've bought a trailer desu

>>22261746

immigration % hasn't changed since then. Online dating doesn't change affordability of housing and i doubt a few wildfires literally decline the entire housing market to a point where demand out ways the supply drastically.

>>22261760
Niggers existed back then too.

>>22261797
Jews existed back then and so did cities. People go to cities for better career opportunities and not because of Jewish propaganda. Literally none of what you said has impact on the housing market and is just retarded conspiracies.

>>22261824
percentage of immigrants hasn't changed much. We also have minimum wage laws that prevents mass businesses to pay 5 dollars an hour, unless your talking about mass jobs being shipped overseas which might be true but much of those jobs were pretty useless. Before the Covid we had the lowest unemployment in history, so complaining about not enough jobs is pretty dumb. Also, How did predatory loans propped the housing market so much where everything is unaffordable?

>>22261672
>What happened?
You live in your basement?
Endless qe and zero interest rates are saving boomer's assets from crashing and are taking us away our right to buy into a consolidated economy. This all on the pretext of saving the economy and done with our tax money. Young people wouldn't have a problem with a severe recession, we could adjust, learn and find new jobs when it's over, it's a giant boomer exit scam. We'll pay for their debt for decades. The young generation is fucked from all sides.

>>22261672
prices go up, salary stays the same
atleast here in germany

>>22261873
some land and a doublewide

>>22261672
How come american streets are always a billion houses long?
>Uh the delivery address is 156789 Bugerclap Lane

>>22262115
come to think of it part of the reason I bought the house I did is so I wasn't around riff raff

my neighborhood is so quiet you could hear a pin drop outside. comfy

>>22261797
hello my antisemite friend!
looks like you misslicked :D its ok, happens to all of us. here, let me help you :
>>>/pol/

happy posting!

>>22261672
>middle class
>no garage

I'm going to assume you are an American, I am not a burger... in my homeland it's all exportation. We gutted all the industry from mining to timber and all the factories that used to make shit here all closed in the late 80s so we outsourced all our labour to China etc as I already said. The only real industry left here is sectors of monocropped horticulture owned by rich boomer barons that outsource their workers from India. Meanwhile the govt here sells off all our land and infrastructure such as hydroelectric power stations to the chinks.

>>22262120
Usually the first part of the number tells you the street you're on, and the second part tells you the actual house number. So if a house's number is 1214, it means it's on the 12th street from the main street that goes into the neighborhood and is the 14th house on that street. But they can also start from whatever number they feel like, so it could possibly also be the third street, assuming they started counting from 1000 instead of 1100.

>>22262156

>>22262120
because they got a billion miles of emptiness to fill. The question must be more, why each of these vacant lots in an empty landscape is 'worth' $500k. And who is earning from these lies.

>>22262069
>Jews existed back then and so did cities. People go to cities for better career opportunities and not because of Jewish propaganda
>>22262156
>muh /pol/
hope you get stuck with your bags newfags

>>22262120
absolutely brainless civil engineering. Planners thought that it would be great if everyone just drove everywhere for everything, no consideration of walking

>>22262297
I wonder how long it will be before more countries decide to nationalize their industries like what Iran did back when they had their revolution. How many of the fringe parties in Europe have nationalization of key industries as part of their platforms?

>>22261672
VERY lower middle class

almost low class really

t. boomer that was an adult in the 90's

>>22262069
>Online dating doesn't change affordability of housing

Doub this is true. More single people -> more individuals bidding for housing, not sharing a room

2019 had the second lowest number of single detached homes built in Canada since 1955. Now we just build commie blocks.

>>22262156
Stfu we all hate jews here

>>22262156
(you)

>>22262359
The guy said online dating. Not more single people.

>>22262359
>More single people -> more individuals bidding for housing, not sharing a room
+ then even less chance for younger people to get on the housing ladder/have space to share with potential partner/start a family of their own/etc
it really is a vicious circle

>>22262359
everything he says is just "debunking" of every anti-establishmenr claim. remember reddit purged all the wrongthink and now their modus operandi is to encircle the anons here with "nazis=you=bad" rhetoric.

>>22261687
I'll turn that place into her own personal foot dungeon

>>22262343
I was a kid in the 90s and that sounds right. The house we were renting was bigger and nicer, but we were still struggling with money pretty often. People I thought of as lower middle to middle class lived in houses like ours. Now they seem like middle to upper middle in the same neighborhood.

>>22262440
The only people who’d take that comment seriously are all the newfag redditors lurking here.

>>22262335
Honestly desu I'm not sure. Maybe when people find a sense of national pride again and come togeather for a greater purpose. As things currently stand people are too busy chimping out over the most irrelevant shit to be bothered addressing why we are being fucked. It's all just smooth brain knee jerk reactions and virtue signaling. Realisticly people dont give a fuck about the future of their culture, country or children's futures if they can get their quick dopamine hit chasing the consumerist lifestyle.

>>22262492
>he thinks it was a joke post
there are genuine redditors here

>>22262463
>The house we were renting was bigger and nicer, but we were still struggling with money pretty often.

Lotta midde class normies (like my parents) bought a house that was too much for what they were bringing in, given that they also got kids + cars

Government has a hard on for real estate
Mostly because their donors and families own lots of it, partly because when housing tanks it takes down other toxic debts in the market
Currently its propped up with negative rates, shared ownership and other kikery
This won't last
New families cannot afford $500,000 for a 2 bed apartment

>>22261672
Asset inflation from runaway fiat, rampant capital misallocation for foreign property investors because of said runaway fiat, and over-regulation in housing preventing efficient use of space.

That's literally it. Immigration has done fuck all.

>>22261672
greed.

When you double the workforce (all women working), you still have the same demand for workers but double the supply. So naturally wages either decrease or stay the same while the value of the US dollar plummets.
All of this is to say that the price of a home to typically salaries has skyrocketed.

>>22261672
back to pol retard

>>22262277
>said lower middle class
>are you a retard?

>>22262147
Mine is so noisy I can hear my ongoing sorrow.

>>22262316
>that picture
>this is what liberals want for our entire country
Jesus fuck

>>22262457
act normal please

>>22262434

>tfw want just a little studio apartment so I can invite girls over and fuck them
>Even studios are 1100+ around here

YOU JUST CANT WIN

>>22262316
Yikes, imagine living in the shadow of that brutalist post modern slum or worse living in it.. legit think I would rather commit seppuku.. I lived in an apartment only once in my life and thought about throwing myself out the window pretty much every day.

>>22262550
>New families cannot afford $500,000 for a 2 bed apartment

One part of the modern US reality is tech "power couples". Young, high earners teaming up in their 20s, earning 400k+ in combined household income, while sharing a room in a tech hub.

Then they leave that hub after a decade and go remote in an arbitrary place of their choosing e.g. buy a 600k 2bd in Austin

Regular singles and couples can't really compete with that, but are forced to.

>>22261672
chinks, kikes, and boomers

>>22262069

Breeding population of useless people grows exponentially through welfare programs

>>22262598
they usually change their minds after visiting nevada

half our country is empty because half our country will kill you if you step outside

That car looks too modern to be from the 90s anon.

https://youtu.be/GapUEKYLE1o

https://youtu.be/-lB5QbMxvac

>>22262646
see anon above you - maybe, he'd take one.
That pic is obv. a deliberately exaggerated example - in truth, America, especially, needs neither commie blocks everywhere nor $500k ransom for every reasonable size plot. But, its got fucking exactly that The worst of both worlds. Enough space for everyone, by anyones standards - yet, for most, its a lie. Something is inherently broken here, and it needs fixing before it becomes an extinction-level event, no hyperbole

>>22262671
Can you prove that welfare programs have increased the price of the housing markets? Also how can you say there are more useless people when unemployment pre-covid was lowest ever in history of US and welfare recipient is lower than before?

>>22262766
Capitalism

>>22261672
What is it considered now? It looks a lot like my house except mine is made of stone and the block is around twice the size. I feel like mine is a lower middle class house still....

>>22261873
160k? Where in the fuck is that?

>>22262829
Any excuse to hate the browns, doesn't matter if it lines up with reality or not

>>22262833
He's lying. Many houses all over for 80-150k. In the United States if you are paying 500k it's because you are buying a 4,000sqft+ mcmansion adjacent to the lake/reservoir/river with a Jumbo size dock for your boats and toys.

Globalization forced american workers to compete with foreign workers from poorer countries, who could do the same job for a fraction of the pay. The truth is globalization showed that american workers were very unproductive and had insanely high wages compared to their competitors. What you're witnessing is a simple correction, american workers will end up making what the global market decides.

>>22262766
True, I guess city people like it. But even if it Is exaggerated the whole apartment living lifestyle seems soulless to me. I'm a country hick through and through. And you are right something is inherently broken. But the problem is that it's not just one thing that's broken. Its a culmination of problems and trying to go about fixing any of them seems particularly daunting.

>>22262069
Was reading something interesting on the ideas that women trying to become independent ruined housing, careers and ect. Because it basically doubled the available work pool. Meaning businesses had double the applications and basically could halve the salary / wage

>>22262069
The anons that are replying to you are retarded
But first of all, immigration percentage for a given year doesn't matter when immigrants have been "stacking up" in the us at a rate of at minimum 1,000,000 per year since 1960

But what is your question exactly?
>>22262091
This is the real answer to why housing and other asset bubbles have only gone up to be h
This is kind of basic or maybe tertiary tier economics that every /biz/raeli should know
Instead you newfags are shitting up this thread with 2 wrong answers for every right answer

>>22262120
Just like how this europoor was asking about the naming conventions of American streets, and we get:
>>22262316
Stupid ideologically based grandiose conspiratorial response that's kind of right but not about the question at hand,
>>22262327
Similar ideological answer about the presumed motivations of city planners,
>>22262300
And the right answer for the topic at hand.
Tl;dr lurk moar you newfag brainlets, learn what's going on

>>22262883
Its not lying, its a cumulative knocl-on effect.
more singles (because online dating ;) - less available 100-150k apts, and no fucker ever graduates to the $500k 3 bedroom 'mansions' because they can't even afford to think about starting a family. The numbers are there, and I'm (sadly) not fucking lying. I don't even know why the fuck you think I would be, what reason would I have to exaggerate?

>>22262883
>In the United States if you are paying 500k it's because you are buying a 4,000sqft+ mcmansion adjacent to the lake/reservoir/river with a Jumbo size dock for your boats and toys.
Or you're living in California.

Why anyone would invest in a house in the city outside of purely a rental is beyond me. With everything going on it's no place to be raising a family. Buying land is the best real estate investment you could make for yourself as far as living is concerned. With the way population is getting out of control, buying houses in any city should just be bought purely as a source of secondary income.

>>22262978
or near any European city
etc.

>>22262978
Though you can get a big house for relatively cheap even in CA if you're away from the big cities.

>>22262829
Section 8 homes are rented out to bad people. This would not be profitable if not for government subsidizing and paying them extra to keep good people from getting houses. Why sale when risk free renting? These subhuman pieces of shit are having children too. Your bullshit about unemployment doesn't matter, useless people get jobs too, so naturally this is a useless metric for tracking useless people

>>22262992
you need employment as well tho, if ypu paying mortgage + kids, etc.

>>22262978
>Or you're living in California.
or colorado or utah or washington or oregon or connecticut or maine or really anywhere that's not a conservative hellhole

all these replies...
>what is inflation, purchasing power, crippling debt

>>22262845
Kansas

>>22261672
NEC happened

>>22263013
This.

im 40 now and still live at home, I remember house price tripling from like 200k to 600k in my last two years of high school, even at my age I never had much of a chance

>>22262931
Explain why american suburbs suck fucking absolute shit but this isn't the case literally anywhere else if i'm being "Ideological" lmao

>>22262845
The place he usually goes to when he sleeps.

>>22263004
Yeah that's true. I'm saving up to buy outright so I can skip the whole mortgage process.

>>22263050
Suburbs aren't bad, though like everything the quality varies a ton. In my case, I'm still in walking distance of everything I need. And having to drive to the grocery store isn't so bad anyway.

>>22263103
A couple things I don't like though. There's a trend with newer suburbs to pack as much house onto the lots as possible. So you'll have a bigger house, but no yards or spaces between you and neighbors. Of course they still ask for 600k.

Older suburbs with trees and big yards are comfy though.

>>22263031
43 yo here, I watched that happen too. If you were late Gen X and came of age in the late 90s, you had like 2 or 3 years to launch right into a good income and have your shit together and buy property before it was too late and you were priced out. Peak Boomer started to quickly accelerate right around then. I live with my wife in a small rental in the SF Bay Area and will never own a house.

Anyway, fuck boomers, and fuck milllenials and zoomers for lumping us in with boomers. They fucked us just as hard as they fucked you, and we hate them at least as much as you do.

>>22263103
>>22263147
Really? I've seen those pictures of american suburbs that look hellish. Fucked up windy streets that don't connect making commute times enormous and only viable to navigate with a car, every house looks exactly the same, no trees, no shops, no parks, seems like fucking hell to me lmao

we exponentially devalue our currency and by extension anything denominated in it (salary, savings) against a subjective index of consoomer experience which equivocates substitute goods to the original (margarine is not butter).
Housing is not included in this index.

>>22263147
like this sorta stuff, i mean this sorta has trees but you know what i mean

>>22261672
>coin shavers in charge of the money supply
>duhh why is money worth less now
Really, truly, makes one ponder.

>>22263006
You could probably find a decent home for cheap in Utah or Maine, let's be realistic.

>>22262156
>>22262314
Gas yourself you repulsive little vermin.

>>22263198
>>22263220
Yeah there's shittier ones like that. They tend to get posted on 4chan and places more to show off the worst aspects. The ones I like have a bunch of trees, gardens, etc. and are nearby parks and shops.

>>22262069
Nice ideological diatribe. But the question was why real estate prices skyrocketed.

>>22263252
lol seething

>Gas yourself you repulsive little vermin.

>>22263258
I mean, of course you like the good ones lol. I'm just wondering, does anyone build those good suburbs you're describing in america anymore? I feel like real estate developers aren't the type to really give a fuck about creating a place that is nice to live in. In fact over here in aus, we're getting new suburbs that suck fucking ass and are modeled more after the worst of the american ones, I wish the government would step in and just ban that shit lmao

>>22263312
To be honest I don't know enough about it. I assume good ones are still getting built, but I'm seeing more of the shit ones. The last two new neighborhoods they added to our city are like I described here >>22263147 and it sucks. I think you're right about real estate developers not giving a fuck now.

>>22262931
>The anons that are replying to you are retarded

>>22262300
This is actually useful info, it never occurred to me that it wasn't just a sequential number. I thought they must have very long streets in a grid with thousands of houses.

>>22263008
what caused all this? think hard

land is fixed and population increases

>>22262631
kek same, gotta make it with shitcoins

>>22261672
leftshit happened

>>22263462
braindead

>>22262156
Normally I'd assume this is bait but I saw the long multiposter thread the other day about how to get into crypto in Israel so I'm now convinced this place in infested with kikes.

110, 115, maybe even 150.
One day it's not gonna be an expulsion.

>>22263522
Orthodox jews are on the verge of being expelled from Israel. The wider jewish population in israel is fast losing patience with those freeloaders.

>>22263147
I was driving around one like this the other day picking up a sofa for a friend. It was like an apartment block spread out over the land. Two story little townhouses, packed wall to wall, tiny laneways between them. No back or front yard, hardly any public space of any kind for kids to run around.

>>22263357
>>22263312
I don't think decent suburbs are being built anymore. The older suburbs always stand out around here in adelaide. Long straight streets, large blocks, older pre-war houses. Invariably occupied by an old person, and when they die the block is subdivided into two or three mono-boxes.

>>22261672
The car is to expensive compared to the house

>>22262314
>>22262156
>>22262069
Back to plebbit you circumcised cucks
>>22261824
>>22261797
Based

>>22262316
>The case for adding 672 million more people who will be damned to be an eternal underclass slaving for the 0.01% while society becomes a living nightmare.

>>22262316
>Don't have children, we must stop climate change!
>Add 68374829374728364736 more Americans!
Why the mixed signals?

>>22261672
The government decided to mandate banks to lend to retards who couldn't pay back so everyone could "afford a house". As a result we had a huge credit expansion that sent prices skyrocketing. When the inevitable correction arrived, the bill was passed to the taxpayers and prices never went down as they should have.

>>22264225
Just skimmed the article the guy basically says we need a higher population to compete with China and if not China is bound to overtake the world

Also he talks a lot about wealth but realistically most of American wealth comes from the military. He even admits “more immigrants will raise real estate assets so they don’t stagnate in dying towns”

>>22264225
They want more people, just not more white people.

>>22262156
what a chad

>>22261672
https://wtfhappenedin1971.com

>>22261672
lower middle class had to start competing with the lower middle class of other countries, and american exceptionalism was proven to be a meme.

>>22264994
this should be the goto site for newfags

>>22261672
1971: Gold Standard Ended
1971-2020: Cantillon Effect leads to asset price inflation
https://m.youtube.com/watch?v=rv5xl1AEeQs

Central banking and government intervention in the housing market creating a massive bubble.

Every other answer is wrong.

>>22263312
The government created all of these problems in the first place and now you want the government to fix it?

>>22261672
competition
in time, same job is going to have same salary regardless of where you are in the world
Living standard of average American is going to go down for decades.
Living standard of people in poorer countries is going to go up for decades.
Eventually they are going to equalize.

There's no way to stop this, protectionism would only accelerate the process. Political turmoil caused by this in the US is going to accelerate the process too.

>>22263401
Simplest answer I can think of is debt. After WII America was rather robust and the boomer generation enjoyed what was called the golden years. Poor fisical policy left unchecked allowed debt to slowly creep up + investment/speculation in the markets. Generations then and now lived through great expansions in the marketplace as wealth was generously created. Zoning laws & bigger houses, cheap then but $$$$ now. Who would have thought in 1970 that San Fran would be a tech hub? Idk, but we can outsource a few jobs in the cheap and charge more money

Then the dotcom bust followed by pillaging other nations for their natural resources like gold/oil to keep the economy soaring..then you had bankers(me included) sign up people that could have never should have gotten homes for that commission/bonus check enter the housing crisis. “Oh God no” for the little guy, dollar signs for the bank execs. Here we are today: debt is ok, but all the shit, get that 110k student loan & stocks always go up

>>22262576
What about ACTUAL inflation from central banking?

>>22262156
creingelord, back to plebbit

>>22262069
You fucking brainlet, the % each year doesnt matter, the total immigrant population does.

according to sites like statistics.com USA is about to do 6% in gdp growth compared to China at around 9%

China has a unique economic model in which its more or less a free market under a socialist regime. Being the cheapest place to get stuff made on the planet helps so there’s 99% of manufacturing jobs right there too.

You got investors buying property and not living in them driving the prices up. Then you have the whole genterfication thing “The Lofts on Belmore”, I did the math on my NETsalary(single no kids) and it’s equivalent to being paid $120 every 2 weeks in 1933 LMAO fucking rape.
Hedge funds buying up lots of homes to rent back out or sell at a higher premium, crash the economy make money put it back to a bull run (PnD) on the middle class
.....I thought this was /biz?

>>22262762
WOAAW ! based childless homosexual

>>22266187
china only got successful in the economic space because the politicians before trump allowed them to do so. even though china is one of the most powerful structures since a few decades, it economically it was treated like a developing country. This granted china a lot of big advantages and enabled them the growth that they have now. Now that trump don't let america getting raped by china, american manufacturers are actually moving out and coming back to the usa which of course creates more jobs and brings wealth into the country. Their success has nothing to do with socialism but with capitalism and america getting raped because of socialist politicians.

Also with ceos making millions on millions I’m betting 99.9% of them do not reinvest back into the American economy. The Cayman Islands has a stronger currency compared to the dollar FYI. Cost of getting dual citizenship is 100k and you can open an account bypassing tax laws for your company. The Panama Papers showed many prominent leaders in both political parties engaged in this practice.

So since wealthy individuals would setup legal offshore bank accounts in lucrative countries the American economy would not see a cent. Yet would be taxed for services at a marked up premium. Corporations profit >>>>> Cayman Islands >><more money

Elon Musk himself is African lol. So you’d have to factor in investment capital fleeing to more lucrative locations outside the states & Europe.

Fed fisical policy shits on the middle class truly benefits the wealthy.

The states is a country of consumers not producers.

>a fucking shed

>>22266329
Wrong
China specifically took cues from Stalin/Russia and allowed their economy to be a free market under their regime. Where Russia failed(by not allowing the country to do business internationally) China said “no were doing this” follow the money. Money talks everything else is bullshit

American manufacturing? I mean I’d love to see that day come. What 20yr is going to want to work in a factory that’s producing goods cheaper or just more efficient then China at an American wage?? Never mind that but what incentive is there to do it in the states if I can get the same product done 50-80% cheaper in Mexico, Portugal, or even Haiti?

>>22262883
You need to get out more. Suburban homes in giant neighborhoods with few redeeming qualities (no yard, mediocre construction, vanilla area) are going for 500k easy. Being bought right and left.

>>22263282
Who are you quoting?

>>22262156
>t. faggot

>>22266504
absolute bullshit did you read what i have wrote. through beeing seen as "developing country" they had more advantages than other countries that are doing economically even worse while still beeing recognized as "well developed country". China profited from lower tarifs while still having a strong fundamentals as far as labour is concerned. It was a paradise for western companies as they just outsource everything and profit enormously through low cost of production and high returns. That is the biggest scam that has been going on for a while and trump is the first one to point the finger at it.
And don't think so fucking close minded. We are at the beginning of the digital revolution. The picture that you habe of manufacturers will change completely in a few years as AI will just overtake the task that humans had to do. However i think it will create jobs we don't even can imagine right now.

>>22261672

The only thing that's changed is that poor people think they're "middle class." If you make less than $100k/year you are literally stimulus welfare recipients. But poor people think their $80k income is "middle class" even though the government prints 10x that much every second of every day and hands it out to the upper class. What is inflation? Your wealth has been siphoned by money printing. Its too obvious but people still wonder shy modern standard of living is so shit, while wealth inequality is at record highs.

it might be that regulations have been slowly reduced since the 50s

>>22261672
I'd lower her middle class if you get me.

>>22261672
that's still a lower middle class house/working class house, IMO. IMO anything from 0-100k is working class house, 100k-200k is lower middle class house, 200k-400k is middle class house, 400k-1mil is upper middle class house, and anything above that gets into tiers of 'wealthy', obviously varying widely.

>>22267057
15 years ago, if you got a job making 60k out of college, that was considered a good job. People aren't even making that much out of college today, and they think it's a lot. It's depressing.

I loan 500k whilst working for 30k a year,
I'm officially enslaved for the next 40 years.

The state of USA.

>>22267243
yep. but there's not a lot of point in seeking higher pay these days, either. if you make 20k, you get welfare. but if you get a raise/new job that pays 30k, you lose the welfare, so your total income goes down. depending on your benefits, you need a 100%+ income increase to make out even slightly better than you were on welfare.


still, it's all about compound interest. invest young, invest as much as you can. i wish i'd started at 18 instead of wasting money on a useless degree. i started at 27 instead, almost 10 years of compound interest gone, what a shame.

>>22261672
jews

>>22267279
why would you do that? at 30k a year you should be looking at property in the 100-150k range.

>>22267243
>>22267295

lol wut? A BS with decent grades is paying well over $120k starting these days. CS / comp eng can get up to $200k/year starting once you factor in stock incentives, starting bonus, etc. Its not 15 years ago anymore.

>>22261797
>>22261824
Based and redpilled

>>22262069
>shit skin detected

>>22262156
Back to plebbit kike

>>22262147
>so I wasn't around riff raff
>my neighborhood is so quiet you could hear a pin drop outside. comfy
THIS X EVERYTHING

>>22262316
Jesus these people should not be allowed to express their opinions

>>22262069
Well he's right about salaries decreasing since inflation is growing at a massive rate and this does play an important role in house ownership

>>22262316
>OTHER COUNTRIES ARE SHIT
>THE US SHOULD BE SHIT JUST LIKE OTHER COUNTRIES

FUCKING LIBERAL LOGIC. THESE PEOPLE NEED TO DIE

>>22262091
This. Economic ignorance in normies is disgusting, they literally are making up fairy Tales when talking about economy.
https://wtfhappenedin1971.com/
Next big 4chan project should be not another iteration of pepe trolling but some action to reach general audience with the knowledge about fiat money scam.

>>22267437
Inflation is not growing at a massive rate.

>>22267472

Real inflation is >10%/year
http://www.shadowstats.com/alternate_data/inflation-charts

If you aren't getting a 10%/year raise you are becoming poorer relative to everyone else.

>>22262576
>Immigration has done fuck all.
EXCEPT FILL UP OUR CITES WITH BRWON CRIMINALS HAT ARE NON ENGLISH SPEAKING MOST OF THE TIME.

DONT EVER FUCKGIN SAY THAT AGAIN

>>22261672
I mean...it's what I'd consider it today. Stay away from cities and that's essentially anywhere in the country.

>>22267349
you live in an alternate reality. that's not the reality 90% of americans live in. it's why so many are voting for communism, no other choice.

>>22263031
Kek. Wife and I are 33, make 350k combined, have almost a million need worth but houses are so damn expensive. Like 800k in long island for a decent neighborhood. Sad thing is I'm actually thinking of getting one.

>>22262425

He assumed that you were smart enough to to draw that implied conclusion.

Apparently you are not, and you need everything spelled out for you. So here you go.

>>22267514
And don’t forget they’re all ethno supremacists AND socialists/communists in addition to being dirty stinking criminals.

>>22267506
it's why people are voting for communism. the average pleb knows the system is rigged, and communism is their solution. will it work? of course not, it never does, but we're trying it again anyway.

>>22267472
Bud I hate to break it to ya but do you even know what "quantitative easing" (printer go brrr) does to the supply and therefore the value of money? It increases the former which automatically decreases the latter. It's the very definition of inflation yo

>>22267571
No one but fags and niggers are voting for communism you kike mother fucker

>>22267585
That’s not how the money supply works brainlet.

>>22261672
America is a third world shit hole. The smart people left before the '08 'Great financial crisis'. It was not a black swan event. Burgers are too arrogant to see what's happening to them.
t. Left pre '08

>>22267604
I like how you called me a brainlet without offering an explanation as to why I am wrong or how monetary supply actually works. Very opinion much appreciate.

>>22267552

I just hired a guy straight out collage, we had to go up 110k base + he'll get $30k of stock incentives, 7% bonus + 401k match, etc. And that was last summer. That dude just bought a house last month actually. Now we are trying to hire another position and people want more and they want to work from home with flexible hours.Now $80k + $10k starting was what we were offering to new grads from 2012 to 2016. So salaries have gone up 50% in the last 4 years after being stable for a while.

>>22267589
i'm not a kike you ditz, i'm just not fucking blind. a clear majority is voting for communism, it's only the electoral college and the senate that are protecting us...so far. this is a major problem for capitalism, and by extension our fucking money. calling people a kike doesnt address the problem.

>>22267630
No one prints money. The fed engages in open market operations to increase or decrease the money supply.

>>22267689
that's excellent, however anecdotes don't make the rule. 90% of americans are suffering in perpetual wage slavery, and more and more are waking up to it every day. that's a problem, these people are ushering in communism, and we will all suffer for it.

>>22267708
True dat mah nigga

>>22261813
This guy's on the right track.
Everything boomers set up for themselves came to fruition. They bought all those houses and now rent them out.
Either rent it or fantasies about it from your shit box, working poor wagie - you're not buying it for a looooong time

>>22267744
Millions of Americans are retarded idiots who shouldn’t even be alive desu. It’s really simple. Get a job, live below your means, save money, invest. Fuck I hate people.

>>22267279
Yes you have the freedom and right to leverage your money. If you weren't retarded you would only take a $500k loan if you and an advisor were absolutely certain of ROI to pay it back swiftly.

If you have no plan and selfishly spend it on depreciating assets then you deserve 30-40 years of wage slavery.

>>22267744

I think you're missing my point. 90% of people are not "middle class" anymore. They are poor. If you make less than $100k/year you are poor by today's standards. So its not really the "middle class" lifestyle that has changed, its wealth inequality. There are just way more poor people now who falsely think they are middle class despite needing stimulus welfare.

>>22267604
Yes it is

>>22267815
then it is, unironically, time for communism.

>>22262316
672

Where did they get than number? Is that all the pure White peoples living outside America?

>>22261672
>>22261672
inflation outpacing wage growth, low interest rates and low lending standards causing home prices to explode, a cultural shift toward the DEBTMAXXX lifestyle where it's now prudent to spend 90% of your take home wages on debt obligations, concentration of population in urban centers rather than rural areas which serves to drive up the cost of homes and land. jews are behind much of the.

>>22267872

Personally I think we need a currency/debt reset, put the gold standard in the constitution, and promote free market capitalism. What we have right now is big government-directed and corrupt corporate socialism.

>>22267971
oh and the influx of dirty chink foreign investors with dirty money, as well as megacorporations like kikeshire hathaway holding incredible sfh inventories, effectively controlling the supply and pricing characteristics of large swathes of the country.

>>22261672
that house is probably worth $1.5 million today

>>22267723
Its the same fucking thing no one gives a fuck about discount windows you fucking midwit

>>22268147

ACTUALLY, most money is digital these days.

>>22268184
About 97%

>>22261672
Fiat currency

>>22261672
reaganomics unironically

>>22267689
you're delusional if you think software salaries are sustainable. we're in a tech bubble. the work you produce is indistinguishable from the work of a software developer in a number of western, English speaking, first world countries where software wages are much lower. it makes no sense to pay you such a high salary in general, let alone relative to other profession with actual barriers to entry (traditional engineering fields.) in time, software wages will be crushed back to reality.

>>22268215
About 97% of my dick is in your sister

It's a lot of things.
>foreign investors/money launderers using real estate to keep their money safe
>outsourcing of jobs and importing third world laborers that work for extremely low wages
>low interest rates and flooding of fiat
>high amount of immigration that increases the demand for housing
Honestly we could deal with the immigration if the other problems were solved. It makes the problem worse but isn't the cause.

>>22267565
joking about it doesn't make it untrue
KYS

>>22268404
Shitty code wastes so much fucking time and money, you don't know what you're talking about. You pay someone less to make something and then spend more money just to fix his mess.

>>22268748
You think I’m joking?

>>22268802
You think all the women and diversity hires are capable of writing good code?

>>22261687
fpbp

>>22261687
>her
Other than that I agree wholeheartedly.

>>22262156
You're a hero to us all, son

>>22262598
it looks fun tho

>>22264225
For me, I hope climate change and the economy wipes out the poor people. God, I can't wait until all the poor people starve to death and the world belongs to the rich and we can finally prosper.

>>22268802
you think that problem is unique to software? it's the same in engineering, finance, law, etc. tech salaries are a massive bubble and they will come down when tech crashes and VC money, ad revenue, etc. dry up. tech salaries, except for exotic and bleeding edge shit, will be in line with traditional engineering roles.

>>22262316
We don't even need the amount we have already. There's so many uselees jobs today, I bet 5 talented people could replace my 30 person department at work. This isn't even including when automation comes or that that fucking picture looks like megacity 1.

>>22268404

We already have a team in india. They make $40-60k USD/year (they live like kings on that income, servants, chauffeurs, etc.). But it takes them 10 times longer to deliver anything, and still takes a lot of your time meeting with them, specing out the work, redoing things they did wrong, etc. Its not like what they do doesn't work. But they literally take the shortest, most hacky way to do anything, so you end up spending almost half the time making the requirements so they don't hack around them then you could just doing it yourself. And then if you ever need to modify their work or expand on it RIP. Also, our best guys can do more than 10x the work of the average person, but we only have to pay them 2-4x more.

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>>22263238
>hes not malcolm in the middle pilled
never gonna make it

>>22269727
I'm not talking about street shitters. I'm talking US dev salary vs UK, Ireland, English speaking Germans, Scandinavians, etc.

>not one (1) single person in this thread talking about malcolm in the middle
This is what OPs pic looks like now btw

>>22262316
My street is basically a C shape with a north, east, and south naming system. There's probably 50 houses on the entire street and there are 2 other houses that share the exact same digit address as me. 1234 N, 1234 E, 1234 S. On any given day my package will be delivered to one of the other two 1234's on the same 500 foot track of road. Whoever planned this deserves death.

>>22269825
That was my first thought, but when I saw the person in the photo wasn't louis I dismissed it.

>>22269854
The photo is weird because at a quick glance it looks like louis with blonde hair, and for some reason there is a BMW in the driveway with a russian license plate

>>22269879

Its taken in a 1:1 replica of american suburbs that russia built for its military games.

>>22262589
1 NOTHING WRONG WITH ME

>>22261672
Some of us lived in houses like that, some of us in trailers, some of us back and forth. We never noticed any difference. We all used to hang out at each other's cribs. It's not like "dude, I can't be seen in a trailer park" or "dude this guy is spoiled and rich in his brick home".
There was no difference at least to us.

>>22262316

If these 672 million new Americans all happened to be women from Europe/East Asia I would support it.