/biz/ - Business & Finance

Bootstraps lazy zoomer lmao. Already got mine, just work harder than the illegals willing to work for $3/hr

Yeah its called overpopulation.

>>50451326
Very nice, very nice.
Now tell us about inflation.

>>50451326
If you don't like, just develop your own economy

>>50451326

yes

good times are over. MOST will never make it.
work till you drop, poor wagie!
the system was never made to make everybody rich. learn that fact and act!

The fourth turning is upon is gentlemen, position yourselves wisely

>>50451347
It's called jews

>>50451326
your grandparents were smart you are not.

>>50451403
>If you don't like, just develop your own economy
THIS. SO (CLAP). MUCH (CLAP). THIS (CLAP).

>>50451326
nobody owes you shit.

>>50451633
it’s called “checked and correct”

>>50451326
Youre supposed to calculate real value you cunt

>>50451326
When your grandparents bought their house in the town they bought in, it was a nowhere dirt road bullshit town. Maybe stop trying to live in the same 10 cities if you want something affordable.

>>50451326
that toast looks pretty delicious though

>>50451326
A few ideas.

1. Move. If you're in an area where the Real Estate and cost of living is super suffocating, like San Francisco or Toronto, you're going to have to man up and go somewhere where there's opportunity and a chance. Especially now that the internet is so big, you can get a really nice paying job out in the middle of fucking no where.

2. Buy a fixer upper. Usually people who complain about this shit are shooting for homes that are WAYYYY above their budget and in areas that are super great. No one fucking said starting out was easy or life was fair, grit your teeth and get shit done. Otherwise you'll be passed by the other people who will

3. Get a co-sign/contract for deed. Weasel your way into getting some of your rich ass relatives to help you. Maybe you're not the type for this but that doesn't mean success doesn't require it. If you want something you've never had, you're going to have to do something you've never done. You're going to have to Learn some Machiavellianism and convince someone to help you. Look for motivated sellers too

Alright faggot good luck

>>50451926
>eating bread
ngmi

>>50451808
Im owed a gf and the right to housing

>>50451326
At least your grandparents owned something that you might inherit. All my dead relatives died piss poor.

>>50452295
no.

>>50451326
Should've bought a zestimate before you were priced out. Now you'll be a rent slave for life.

>>50451910
>everything is fine outside of expensive cities
Why do you believe this? The median price of housing isn't some kind of secret. Being able to buy a house after a few years of working an average job used to be how things were, you can't really do that anymore.

wah wah my family is rich wah wah

kys op

>>50451326
So? Inherit your grandparents house and sell it for 3 million

>>50452787
Please his parents will inherit the house, sell it and squander the $3 mil. I bet they even do a reverse mortgage so he doesn't get the house they're in.

>>50451326
wew lad you triggered the boomers with this thread, good job

>>50452838
>great grandma has real estate that yields rent income and a nice house
>she dies and leaves everything to my grandma
>grandma dies and leaves everything to my mom and uncles
>they SELL great grandmas house in Vegas BEFORE the housing boom so they can spend the money gambling
>my sister and I were both desperately trying to find a house to live in at the time
The kids of boomers are the dumbest fucking generation ever. My mother gets 6k a month and lives rent free in a house she inherited and still somehow finds a way to be broke every month

>>50452838
Well, we don't know OP's parents. I was just giving the best case scenario whereas you gave the worst case scenario even though yours is more likely because most people are dumb as shit with money

>>50451326
Just be born earlier, retard!

>>50451326
If the game is rigged, either don’t play or destroy it.

>>50451605
>>50451403
>>50451343
>>50451326
Lots of shitpost answers. The answer though really is 'make your own economy'. Power must be taken from boomers. They view 40yo millennials and 20yo zoomers as equally 'entitled' generations who have 'never suffered'. A society run by the old does not prosper, the old will only cannibalize the young. The story of Kronos devouring his children was meant to be a parable for shitty parents ruining their kids and those kids getting revenge.

>>50451326
What if your grandparents bought something in Detroit?

>>50452688
Every American is owed the american dream, that's non-negotiable.

>>50452763
Underage kids repeating boomer talking points.

>>50452943
How old is your mom?

>>50451326
Jesus Christ, yeah, it's inflation man, literally decades and decades and decades of govt abuse to the dollar, Saving cash is a meme

>>50451326
Isn't debasement of the monetary supply so damn fun? In just one generation they robbed the entire country.
>>50453089
Can confirm I got revenge on my shitty boomer parents lmao. Law is on my side, they can't do shit, now they get to die in debt.
>>50452943
>My mother gets 6k a month and lives rent free in a house she inherited and still somehow finds a way to be broke every month
Blows my mind. Honestly I know what my parents made and what their expenses were. As an adult I would have thrived on that, but they were always miserably broke and indebted. My retarded father had a mortgage of about $1200 a month, rental income of $800 a month about 4/5 of the time he owned it (duplex) and an income approx $4k a month before tax. Low COL area. Yet was always broke. To this day I can't fathom what the fuck he spent the money on--certainly not the mortgage, because he refinanced it at least once to get his equity back in cash (thus starting the mortgage clock from 0). He also had about $60k in credit card debt he racked up on stupid fucking shit (certainly not home improvement because the house was falling apart. too cheap to fix the roof, so the whole place got mold... by 2030 I expect it will collapse and kill him from unchecked accumulated rain damage.)

My cunt mother had an income about $40k in the early 2000s and a house she bought for about 70k and sold for 140k. Still paycheck to paycheck, always broke, now lives in a shitty trailer with the floors caving in. She couldn't even afford medical care. I ask you, what the fuck were they spending their money on? Neither had student loan debt like I do. (and don't say they spent it on me, because they sure didn't.)
Gen X and boomers were both fucking losers born into an easy life and still managed to screw it up.

>>50453195
>Saving cash is a meme
Boomers got savings accounts that gave them 10% interest. ten percent. look it up. I got a high yield savings account yesterday at 1.75% (one point seventy five.)

These cunts had everything handed to them and, get this, they're still broke retarded fat fucking losers.

>>50453195
Inflation is a factor but worked hours don't lie. A minimum wage job could buy a house in less than 15 years. Now you can't pay even rent.
Empty properties and investment banks are the key.

>>50451326
That avocado toast looks delicious. I would eat that every day

>>50451347
You're stupid and >>50451633 you're stupid. It's called
>stagnating wages
>muh free market that lets landlords charge what rent they think the market can "support" (and you are expected to eat it because you need somewhere to live)
>corporations buying up as much real estate as possible so that they can dry up supply, drive up home prices and subsequently rent prices, as well as have the ability to dynamically manage supply of apartments to their advantage. For example, if renter demand is too low, they can simply take 50% of their empty apartments off the market and create artificial scarcity that drives rent prices up and you get renter bidding wars. And if there is truly massive demand, they have the supply to meet it

>>50452717
anon, rentoids love paying rent and buying funkypops. They wouldn't know what to do with a house

>>50452763
If you moved to a town relative to the size of town your grandparents bought in you'd find homes for as low as 100k. That's equal to 2 years of the average wage.
Would I live in this bullshit nowhere town? Fuck no. But I make nearly 300k annual and already own a property. If you're struggling with wages you need to move away from the city. Simple as.

>>50451808
Shut up faggot boomer

>>50453655
There is something deeply unsettling about this house, yet I can't quite put my finger on it.

>>50453572
this anon knows

>>50453655
How do you exoect low wage earners to continue to work in your area and provide services you use?

>>50453645
True that. Rentoids deserve to be slaves to their landlords.

>>50453710
>But who will pick the cotton
Perhaps if a bunch of people move away, those that are left will get higher wages because they're more in demand and they'd stop complaining about the cost of living since housing will also be less in demand.
Really makes you think.

>>50453710
Pod dwelling

>>50453706
It’s not symmetrical the right part is fatter than the left.

>>50453706
it's in the middle of nowhere surrounded by meth addicts? /pol/fags think they're a genius for buying a house in the boons and present it as if it compares to a house in a decent place and is just the same. any deranged retard can go into siberia and build a mansion. how much would you pay to live there? if the location is worthless the house is worthless. even 80k is 79k too much to pay for that dump.

>>50453267
It's good you bring this up. Understand this fact when taking advice from them banks needed money so they awarded people who could squirrel it away. Hell my mom was talking about 19% yield on 2 year bonds in her lifetime ROTFLMFAO. Canada.

>>50453737
I see all labour increasing in demand based on demographics over the next few decades

>>50453798
That's the part your missing though. The houses your grandparents bought were "in the middle of nowhere" when they originally bought. They didn't buy in big established cities most times. They built on what was practically farm land and the development happened around them. Our generation now sees that house, and what their grandparents paid for it, and expect they should be able to do the same. All the while ignoring that your home town used to be a shit fuck nowhere town back in 1950.

>>50453806
now savers are punished. inflation is more than 10% a year (probably 40% but the govt will never admit it) and banks pay you 0.01% interest (wells fargo's "high yield" savings account, lmao.) you actually lose money having it in a bank. boomers were so entitled and coddled it blows my mind. however, they had to wageslave in an office for 50 years, and i'm a wfh chad being a paid NEET.

>>50453737
Also. This kind of thinking falls apart. If we conventually grow the population. At a certain point. There will be no more places to be gentrified too.

>>50453729
I'm being serious. If you have to own a house you have to plan for repairs and stuff. Rentpigges just want to consoome and buy funkopops. They don't under the concept of ownership like landchads do.

>>50453871
You've got 2 options. Either move away from the city to a cheaper area, or sit and cry about it. Your choice.

>>50453849
In reality what this causes is poor people who are smart with their finances can no longer get ahead WITHOUT taking on excessive risk. Risk blows up in the end. Ouch. Bad path for current society

>>50453892
I am entirely comfortable where I am. What I've said is still an unfortunate truth

>>50453847
hey numbnuts. boomers developed every square inch of the country into godforsaken sprawled out nowhereville, KY suburban wastelands. they did it on purpose for retard reasons, so that if russia nuked they US they couldn't hit them all if they're spread out (boomers didn't know about nuclear winter or radiation i guess. dumb fucking retards). they literally turned a pristine country into a shitstain suburban wasteland on purpose. and no, having one stoplight and a gas station does not make it a good town and worth the price. there are no jobs except in major cities. it doens't matter if the rest of the country is suburban shart-stains or virgin forest. if you live outside a major city you cannot earn a living. they're all worthless. and you go on zillow right now and see even in the armpit of kentucky or the boons of utah or idaho, houses are bloated to asinine levels. you need a big city salary to afford a shack in montana now.

first of all, i'd rather be dead than live in fatfuckistan flyover suburbia where the only thing in town is a mcdonalds, and second, you can't get a job there anyway. the houses in flyoverstan are just as unaffordable as the major city condos when you look at price v expected income per the area.

stupid fuckstain

>>50453892
>moves to alabama to afford a house
>now has to buy that house with an alabama salary, which is 2 chickens and a bag of crawdads a week
Dumb fuck.

>>50453908
I don't think it is though. In my state 20 years ago there was one spot in the city, and two suburban areas worth living in. The rest was either farm land or coontown. Fast forward and now everything between that one main part of the capital and those two suburbs is at minimum 300k and sometimes upwards of a million. If we had this discussion 20 years ago you'd be telling me how there's no point in living anywhere outside of those 3 spots. Had you bought some bullshit craftsman just outside the city limits you'd be a literal millionaire right now. This country is mostly unoccupied land, much of it not even being used for agriculture. We're far far away from b being "out of space". At least on the eastern half where the entire state isn't dedicated to the national parks.
Just look at trends, find a neighborhood 40 minutes to an hour out from the main city with a decent Internet line and move there instead of crying that you can't live in one of the most expensive cities on earth.

>>50453943
>2022
>Doesn't have a comfy wfh job
NOT
MY
PROBLEM
Also talk shit about low wage states all you want but they actually come out ahead when you take into account taxes and cost of living. Cali cucks are beyond retarded in this regard.

>>50453706
It needs a new septic tank.

>>50453927
tldr
If you don't like the city planning then join the city counsel in the town you move to. Not my fault you can't afford to live like a bug.

>>50451407
I have a slight chance of making it (barely cracked 100K at age 35, now I'm in hell) but I'm from a low enough social class to understand what real humans are like. It pains me that MOST will never make it, but unlike you I see this as a danger to YOUR investments and mine. Communism will take over one of these days, sadly, because people are being driven to it (even though it is far worse). The most that the average person (think: Denny's waitress) can ever aspire to make is $25/hr or something like that, as a manager of a grocery store. Unlike you, I also have pity on them. They might even be someone you know, or love, assuming you're still capable of love. My sister cuts hair for a living. My best friend just "hit the wall" age wise like I did except she only makes $20/hr at a law firm doing paralegal grunt work. Also disabled in 1 arm, so can only type with 1 hand. I help her out with groceries and cooking most of the time.

This will always be their lives. This is where they ended up. Most millennials are having a bad realization right now like we failed at life in some way or another. But we played it on hard mode, and the zoomers are playing on even harder. Even if you make it by becoming part of the investment class, there might not even capitalism in the future, the more AOCs we get in congresss. Jack Bogle said his greatest fear of long term investments was the "smaller, less capable races" (and that's a a quote from) being fed up with not being able to succeed in the system. Hence, his charity to people like that.

But you're right, taking money for yourself is all you can do right now. I just hope the stock market is still there when the zoomers, most of whom are straight communist, are in Congress.

>>50454004
I totally agree and am actually currently doing this to a degree. However I am in Canada in which our major metro areas are situated along the shipping routes of the lakes. I agree with you when you say it's mostly unnoccupied land. As logistics chains develop it will allow more cities to grow and desireable productive areas to sprout. Inevitably this all falls apart so long as population numbers continue to grow. If people spread out of your cities. And demand for them grows. Your relative earnings will decrease so long as you require their services.

>>50453655
That house used to be 30K pre-2017. This is not a solution, but a trap.

>>50453710

>>50453927
yeah it's fucked but the internet has revolutionized work capabilities where you no longer need to be in office. I'm looking at manufactured homes in podunk Wyoming listing for $250k. makes me want to blow my brains out.

>>50454184
>If I can't buy the bottom I don't want it
Maybe Funkopops really are more your speed.

>>50453572
This anon is retarded. It's called the government regulating and taxing other industries and protecting the real estate industry so hard that mortgages become the most profitable loan.

>>50453927
This. You have to work remotely, AND hope that the remote work bubble won't pop, which is exactly what the Fed is trying to do, make us lose our bargaining power as EEs, shift it in the favor of employers once the layoffs begin to "solve" inflation. Imagine taking out a mortgage on a house in a town with pop 75? Good thing boomers won't live forever, but sadly they would rather take out a HELOC on their house before kicking the bucket, before ever letting you have it.

>>50454195
Dohoho you VILL go back to the office once the Federal Reserve is done with you. You'll begging for a job, and a pay cut. This is their plan, revenge for the great resignation.

>>50454284
This. Housing is expensive because zoning laws make it illegal to build anything but single family homes in most places. Move to a small town with a dozen millennials and vote on city council meetings to change the zoning. Easy as.

>>50452096
>Especially now that the internet is so big, you can get a really nice paying job out in the middle of fucking no where.

This was true when covid first hit but not the case anymore. If you are fully remote, you will not get paid the same as hybrid or in-office employees. There is a cost of living adjustment in all large corporations based on which office you are working in.

If you are fully remote you won't get paid as much as the employees working the Seattle, DC, and San Francisco offices for example. Of course, you could move to the middle of fucking nowhere, but you'll take a 20K+ cut vs. working in those big cities because corporations have no need to pay you the same as people who are paying 3K for rent.

>>50454336
>Move to a small town with a dozen millennials
convince the boomers that run these towns

>>50451326
As a Millennial, I will not give up my daily BLTA. Owning a house is a liability IMO, I'd rather own exchange funds and compounding assets, make passive income from that, own nothing, and be happy. I only feel this way because I come from landlord boomer parents who pays up the ass to maintain their buildings and property tax with tenants who shit the house up and skip rent sometimes. Fuck that deal, I'd rather use the same amount of money to own a piece of the money markets and live off that passive income. It's bretty comfy when you finally start to realize the power of passive income, I'm like this close to retiring and neeting off passive income from financial games fuckery.

>>50454374
That's why I said you move there with dozens of others. You have to vote in council elections. Basically nobody but the most bored of nursing home residents even knows they exist. You can easily flip the vote with enough people.

>>50454401
also, the avocado toast for my fellow Millennilols. I eat this almost daily lol, you know what, I'm going to go bicycle to the local Potbelly's and get one RIGHT NOW because this thread made me crave one

>>50454373
>Work in San Francisco and make salary x but get taxed out the ass and everything from food to housing is more expensive
>Work from the middle of nowhere with low to no taxes, cheaper housing and cheaper food
Even with the pay adjustment it's still a better deal. Also most jobs don't care if you're in the city limits. Just that you're in state for tax purposes. Unless they really require you in the office 5 days a week there's no way to tell if somebody lives 2 hours out from San Francisco and just enjoys driving 4 hours a day.

Also btw. It's gen x troglodytes that were mainly bidding up homes like retards because they have no appropriate retirement plans in place. I'm young but mainly my friend groups are 35-50 in recent times. So many of them had lenders fudge their incomes to max the amount they could afford. LMFAO. Like a last chance at truly making it. What's wild is my mom was able to sell twice over the passed 5 years both at local maxima which is wild. She owned for about 30 years however. Lucky!

>>50454462
Imagine still paying CA taxes while working remotely from Thailand. And I thought cucks were bad. No, you're literally funding the demise of California and feeding niggerspica when you do that, at least try to get your workplace to change your state of residency to Nevada, so that you can stop paying state income tax. Some go so far as setting up a house in Porto Rico. We should ALL be seriously plotting this type of action. I've already moved, while getting remote jobs in CA or NY. We might not have control of our government with voting, but if enough of us starve the beast we might see some cracks in it one day.

>>50451326
Well, WW3 is right around the corner

>>50454563
Read a book faggot. You pay state taxes for the state you live in. Not the state the company you work for is located in.

>>50454028
Wfh fags think they are safe.. its cute.

>>50454905
I'm a software engineer. I've been a comfy work from home Chad since before the pandemic. Nothing will change.
I'll keep comfy from home only coming to the office when there's free food. And after 4 years I'll collect my stock that will be worth nearly $1 million.
Cry about it.

>Most millennials are having a bad realization right now like we failed at life in some way or another. But we played it on hard mode, and the zoomers are playing on even harder. Even if you make it by becoming part of the investment class, there might not even capitalism in the future, the more AOCs we get in congresss. Jack Bogle said his greatest fear of long term investments was the "smaller, less capable races" (and that's a a quote from) being fed up with not being able to succeed in the system. Hence, his charity to people like that

It's hard for me because this is actually not my experience at all. I'm 31 and make about $19/hour, but all of my friends do way better than me. One friend majored in comp sci and makes over 6 figures. Another majored in finance and makes over 6 figures or close to it. Another friend of mine got his master's in social work, and makes at least 50-60k per year but is about to open his own office and be a private therapist making 100k a year. Another friend makes 70k per year doing data extraction/organization. Girls I know work in marketing firms making 60-100k per year

I went to the same private schools as these people (many of them went to public). I got a 30 on my ACT. I went to university. Got a degree. Got good grades. My first job out of college was $13.50 an hour in 2013. In the nearly decade since, I haven't even gotten a $6 per hour pay raise, and that's with aggressive job hopping

It's really infuriating. Even my best friend who didn't go to college makes over 100k as a truck driver. It's demoralizing just to think about. I am by far in the worst financial position out of any of my friends. Even at the jobs I work, it's like I can't get a break. At 4 separate jobs, after being there over a year, I have tried to apply for a higher position. At each job, I get a talking to by my manager about why it's not appropriate for me to apply to that position and that I won't even be interviewed. It's enough to drive someone mad

>>50454950
Ur teaching ur replacement. Keep thinking AI isn't going to take ur job lol.

>>50455005
Specifically I'm a staff level engineer. I'm not a code monkey. My job is still a few decades away from automation.
Keep crying and coping.

>>50455035
Kek, larping fun on the internets.. literally don't care. Ur teaching ur replacement.

>>50455054
Why would I need to larp? I'm just an oldfag that's been in the field nearly 10 years now. For sure low level web dev code monkeys are going to get automated out. Essentially kicking the ladder out from beneath us. Anybody with any seniority will just move into integration of those ML libraries and use them to create full solutions.

>>50454153
mean to reply to your post here >>50454957

>>50453105
you're not owed the American Dream. you are given the opportunities to earn it.

>>50451326
how much that cost? and is that broccoli? and what is above that egg?
I'm so hungry rn

>>50454288
Not to mention places in the middle of nowhere often do not have sufficient internet coverage for remote work. People don't realize how much of a clusterfuck rural internet backdoor deals tend to be. This place didn't leave dialup until 2008 (and housing prices still SEPTUPLED) here since then.

>>50455422
Starlink says hello

>>50451326
I fucking love a good avocado toast though. Nice poached egg with a dark runny yolk. Some fresh avo with a squeeze of lemon and cracked pepper. Maybe a little hollandaise sauce as well. I think my upper limit for a breakfast like this (with two slices) is around $23, anything more than that is too absurd.

>>50455435
Half the US (almost all of the South, where this cheap housing is) is not covered by Starlink as of today.

>>50455554
You pay 23$ for two slices of bread, two eggs, a half a Mexican fruit and sauce? No wonder you fags are poor

>>50453124
In her 50s

>>50453254
Its insane dude. Almost all my friends parents are like this too. I'm mostly just disappointed in them. I grew up very very poor. I was the quintessential trailer trash baby. We never had a stable home or income. If not for government gibs I wouldn't have been fed. We struggled our entire lives and she finally gets to a point where she should be financially stable yet she somehow manages to not be. Doesn't help I live in NV where gambling is legal. She had a gambling addiction my entire life. She can spend literally all night sitting at slots

>>50455595
>tfw just paid $11 for this BLT-Avocado sandwich
worth it, Millennilols like me will agree that even a shitty avocado toast is worth the $11

>>50455595
That half a mexican fruit is delicious, but yes, its insanely pricey
>>50455561
This. And the places where it is... let's just say that local satelite wifi does a far better job price-wise. It's just not that good of a service, maybe in the future, but right now it doesn't bring anything new to the table.
My parents live in the countryside (im chilean) and i just bought them a 30dBi mimo antenna and their connection is just like in the city, for 35 usd (starlink is up to 120 usd here)

>>50453927
>boomers didn't know about nuclear winter or radiation i guess.
All the wealthy suburbs are on the West sides of Cities for a reason, they're upwind of where the fallout would go.

>>50455287
We will simply take it and you can seethe. It's a new generation and your meme rules no longer apply. Get into the old folks home and fuck off already.

>>50455649
She's close enough to the boomers to be a sibling to a younger boomer, rather than the child of one. Unless your grandma was 75 and had your mom when she was 17 of course, which is possible if she a ho. Technically teen pregnants can have kids in the same generation too.

>>50455836
lmao how the fuck did you afford that antenna

>>50455851
just swing the bsc casino, the hot memecoin to swing rn is ch4ngpump, massive scalping potential for a quick x2

>>50454957
>Jack Bogle said his greatest fear of long term investments was the "smaller, less capable races" (and that's a a quote from) being fed up with not being able to succeed in the system. Hence, his charity to people like that
This only makes nogs hate whites more.

>>50451326

You will own nothing and like it.

>>50454957
The system doesn't reward big brains, it rewards having sex with the right chicks and getting their dads to get you jobs. This is probably one of the contributors to the overall obvious decline of the system.

>>50453706
one of the bricks is installed backwards

>>50455649
>Its insane dude. Almost all my friends parents are like this too. I'm mostly just disappointed in them. I grew up very very poor. I was the quintessential trailer trash baby. We never had a stable home or income. If not for government gibs I wouldn't have been fed. We struggled our entire lives and she finally gets to a point where she should be financially stable yet she somehow manages to not be. Doesn't help I live in NV where gambling is legal. She had a gambling addiction my entire life. She can spend literally all night sitting at slots

Sounds like poor boomers desu. My parents are the exact opposite and it upsets me for different reasons. My dad is nearly 70 and is still working full time, makes about 250k per year.

He used to work for a major corporation, and when he retired/got bought out in the mid 2000s he got a pension. So he gets at least 800 a month from that. Him and my mom also get social security which combined is probably $1000 a month. And he gets about another $1000 a month in rental income from a vacation property. House has been paid off for 20 years now. Vacation house was bought with cash during 08 housing crash. He has millions in the stock market and various accounts.

And yet he is a workaholic. Won't hire anyone to mow his lawn, he insists on mowing it himself despite his health problems (I mow when I'm in town). He is so frugal that he re-uses garbage bags to save money. Two cars, one is nearly 20 years old, the other is 2 years old but that was the first new car he bought in 20 years.

My parents joke that when they die I'll never have to work again, but that doesn't do me any good now. I want to work and contribute to society. But all the private schooling they paid for did not pay off for me despite my good grades and test scores.

I just wish my dad would retire so he could relax and enjoy his life. I feel like he's going to end up dying of a preventable health condition because he chooses to work so much

>>50456121
Don't bother your parents. They're based and understand that retirement means a burdenous, boring life.

>>50455930
>The system doesn't reward big brains, it rewards having sex with the right chicks and getting their dads to get you jobs. This is probably one of the contributors to the overall obvious decline of the system.

yeah, it's funny, two of my smartest friends that I didn't mention are also not doing great. Better than me, but not great. I have a friend who got his master's in Biomechanical Engineering. Definitely one of the smartest people I know. He had family on the west coast and ended up moving there, but the best job he could get was installing/troubleshooting software for a medical company. I think he makes around 50-60k a year, which on the west coast isn't shit. Another friend of mine got his master's in statistics, and currently works in DC for think tanks. He says his work is interesting/rewarding, but again he only makes around 60k or so, which is shit money out there.

It just seems like a crapshoot, the only people making serious money are software engineers. And of course the pretty women in marketing jobs. It seems like every other industry is underpaying. And not even that, but no one wants to train anyone for anything. That's what pisses me off. I got great test scores and great grades. This should demonstrate my ability to learn new and complex tasks to any employer, but instead it means shit.

And god help you if you took crappy jobs after college because you needed to work to pay bills. A recruiter sees that you've worked in call centers and low wage work and immediately you are disqualified for anything that pays better.

At this point I'm thinking about investing in a nice smartphone and camera/recording setup to try to do irl streams or something. I doubt I'd make money but at least it might be somewhat rewarding to chronicle the societal decline in American cities

>>50456183
I try not to, but my father is in heart failure, I fear he'll just end up dying at work and never actually enjoy the fruits of his labor/wageslaving

>>50456422
Tell him to take a vacation to Europa or something. He doesn't have to stop working to enjoy the fruits of his labor.

>>50451326
I bought 7 years ago and already 2x'd. it really is that easy

>>50452943
>>50453254
My sister gets $6k from her rich ex husband and still works and complains about being broke. I genuinely don't understand how people spend. Do they just order takeout delivery every meal or something? I know my dad makes a lot because he is retired and works part time but he also makes money disappear somehow because in reality he has over $100k in debt. Also when he retired he took out $100k from retirement (penalized) and spent it all gambling kek. I don't even care I just find it all hilarious the way people operate

>>50453572
Everything you said just sounds like jews.

>>50451403
pretty sure there was a stonetoss about this

>>50456121
Yeah your dad is based. He is doing everything he can to make sure he helps his future gens. Hope he starts considering his health though.

>>50454704
I gather you’re not in usa.

>>50456930
yeah, but it's not looking good for future gens. Right now that's just me, it depends if I can manage to find a woman to impregnate. I had one but she was crazy

>>50451808
The government owes its people a decent living. It’s literally why we pay taxes.

If normal people can’t afford homes because the system is so fucked up the nation has a duty to fix it. But the nation is run by satanic pedo baby killers who favor mudblood immigrants

Every disenfranchised zoomer who can’t buy a home is just another fascist waiting to be born.

>>50457362
>Every disenfranchised zoomer who can’t buy a home is just another fascist waiting to be born.

Communist in my experience. I talk to a lot of Zoomers. Millennials are most likely to be Libertarian turned NatSoc.

>>50457383
True but not sure how any self respecting white man could be a communist

If people don’t get it by now they’ll never get it

>>50456792
women buy shit like $500 handbags and dresses. You buy a few of those each month and it adds up

>>50457461
>self respecting white man

You still don't understand Zoomers. None of those words describe them. More like "self loathing nonwhite xir".

>>50451403
Unironically based.

>>50454373
You don't have to be fully remote. You can still live 1-2 hours away from your office so you don't take the cut and go there like once a month. Also that's purely company based and not nearly all companies do that

>>50457362
Government owes you defense, infrastructure, and some social services. You pay taxes for that stuff.
It doesn't owe you houses or Playstations. Do you think you pay some sort of tax for that? Do you think everyone should pay for communal housing? Sounds like the Soviet Union.

>>50455287
liar

>>50458007
What am I lying about?

>>50458022
eating right now so typing with one hand, give me 5 minutes I am going to set you straight, using prose that even you with your idiotic boomer attitude will be able to understand. prepare yourself boy.

>>50455287
You basically have to scam your way into a high-paying job to have a chance of making it and the system is designed to keep you enslaved. Taxes, student loans, medical debt, car payments, propaganda and brainwashing that obviously worked on people like you. Fucking boomer trash

>>50458157
Kek

>>50457989
>its not the government's job to run the country
what the fuck am i reading

>>50458356
Giving you free houses is not "running the country"

>>50458022
>>50457989

Can you agree that it is more difficult for a person to buy a housing in the present day than it was in the boomer era? Surely you will agree with me, unless you can conjure up some haphazard excuse for why younger people still have it easier.

Assuming you agree with me, can you also agree that the pursuit of home ownership is synonymous with the "American Dream"? Like my previous point, I would find it hard for you to disagree with this.

Thirdly, I agree with you that people are NOT owed the "American Dream". I agree with you that they are given the opportunities to earn it.

In other words, the government OWES you the OPPORTUNITY of reaching the American Dream.

Now here's the big point:
As housing prices continue to rise and the population continues to grow, and this great reset bullshit continues to take hold, CAN YOU AGREE, THAT THE OPPORTUNITY OF WORKING TOWARDS HOME OWNERSHIP IS GETTING MORE TOUGH, AS WAGES STAGNATE, ETC, IT IS THIS OPPORTUNITY THAT YOU SAY THE GOVERNMENT OWES YOU. THEN WHY ARE THEY FAILING TO UPHOLD THEIR PART OF THE DEAL. WHY IS A NICE (NOT LUXURY. JUST STANDARD NICE.) HOUSE COST HALF A MILLION FREEOM BUCKS IN MY SHITHOLE CHEAPEST STATE IN THE UNION. WHAT INCENTIVE DO I HAVE TO PAY TAXES IF THE GOVT DOES NOT PROVIDE ME WITH THE OPPORTUNITY OF UPWARD MOBILITY. DO YOU SEE, BUD? ALL OF THESE THINGS ARE INTERTWINED. BY EXTENSION THEY OWE ME A HOUSE. IT DOESN'T HAVE TO BE COMMUNISM FOR THIS TO HAPPEN YOU BOOMER.

I did not call you a liar because I disagree with this statement. >>50455287 I called you a liar because people like you are the problem. Your beliefs in general are lies. I just want a house to my own. I work. I have a good job and it still is not enough. I have done right in my life and I am tired of being let down.

>>50458366
As I just stated, it is not that they owe you a house, it is that they owe you the opportunity to own a house, which they are failing spectacularly at. You said it yourself that they owe you the opportunity. So where is my god given opportunity? I have done no wrong, I have a good job, I am doing well for my age, I have crypto, and yet I still cannot buy a house without financially castrating myself. You government bootlickers and your buddies in every statehouse better watch it before I start pulling some heads

>>50458451
>I have crypto
To be fair this is probably a minus in govt eyes

>>50458462
I stand with Ukraine

>>50454373
In the uk this isn’t true, I even struggled to find a gig that required occasional office work (sick of working from home for almost 3 years). My earnings are pretty much maxed out for my job title and I’ve yet to meet a single colleague in person after half a year. Then again the UK doesn’t have American salaries

>>50453572
>corporations buying up as much real estate as possible so that they can dry up supply, drive up home prices and subsequently rent prices, as well as have the ability to dynamically manage supply of apartments to their advantage
The good news is that this pyramid scheme is unsustainable, and housing will crash by at least -85% because of it.

>>50458401
>>50458451
>The government owes me a specific outcome
You are a socialist.

>>50458854
I'd like guaranteed access to food, electricity, and infrastructure so yes

>>50458900
>gibs me dat fo free

>>50451326
Christ almighty you guys are challenged. Something happened to our money in 1964 and 1971, shit was fine before that, worker productivity and wages actually went hand in hand before the 60s and people could afford what they needed if they were productive citizens.
A fully-fiat monetary system like the one we got in '71 favors those who control the financial system, not the little guy who saves and invests because his wealth and his wages get inflated away.
On top of this, we've had declining rates since the early 1980s, which leads to higher valuations for things like real estate and equities.
Overall it's a double whammy. regardless of your opinion on the matter, if all of our young people don't believe they will gain from contributing to society this is how shit gets violent and ugly quickly. I'll be fine, but i'm doing better than 90% my age.

>>50458854
I'm fine with the government simply not impeding my progress in a free market via taxation and inflation. sadly that's even too much to ask these days.

>>50459031
>I'm fine with the government simply not impeding my progress in a free market via taxation and inflation.
Move somewhere else if you don't like it. Somehow everyone else is buying houses and cars and whatever else they want.
Maybe the problem is you?

>>50458854
>>50459048
>fuck you i got mine
i hate boomers so much it's unreal. handed the most prosperous economic era in history and flushed it down the drain, then blames everyone but themselves

>>50459048
>just wage a war against the government bruh!
so this somewhat holds as long as there's a wild west, a frontier to conquer and make your own. that would be pretty cool and i could rock with that.
back on planet earth, you're a basement-dwelling midwit, all high and mighty, asking me to fight against a nuclear-capable government with a hunting rifle or my AR. get real. it would be more realistic to repeal the 16th amendment, which would also be pretty based.
I already follow all the common ass "be the change you want to see" advice, the problem is that most people act like cattle and are fully indoctrinated into the system.

>>50459048
also, please learn to read, i clearly stated i'll be fine and i'm not worried for myself for now. i found a way to get by, i'm suggesting it is markedly more difficult because the wealth of the common man is being siphoned out of the system by its owners.
i can afford 95% of homes in my surrounding zip codes. i don't see that changing soon.

>>50459103
Wage war? I'm telling you to stop whining and get a job, you dummy.

>>50453655
>If you moved to a town relative to the size of town your grandparents bought in you'd find homes for as low as 100k
completely untrue.

>>50455113
>10 years of experience
>thinks he's safe
you'll be canned and replaced by either a new grad straight from college or an offshore dev in a cheap country

>>50459138
>i'm suggesting it is markedly more difficult
OK, and? Lots of things are difficult. It sounds like you want a babysitter and a handout.
You don't strike me as an adult person, but rather a child.

>>50459215
Will you acknowledge that you had it easier?

>>50459185
alright. well thanks for confirming that you're just trolling, saves me some effort.
wife and i don't make "a ton" of money, 200k annual, but that is 95th percentile in our state and allows a good living standard.
i have a meeting at 8 that i need to get up for. maybe work on that reading comprehension till i see you again?

>>50459215
i'm 26. my wife and i are software engineers. good bye.

>>50459219
Easier than what? Your thoughts are muddled and nonsensical. Everyone's life is difficult in different ways.
Even the trust fund kids complain about how their parents don't love them or whatever. You want the government to give them hugs and kisses, I'm guessing?

>>50459249
Easier than people have it today.

>>50459238
>i'm 26.
How sad. Twenty six years in this world and you think "the government" exists to coddle you and do all the hard work on your behalf. Hope you grow up someday, kid.

>>50459257
I'm a person today. Things have never been easy, ever.

>>50459275
Cool but things like housing and education are more objectively expensive than ever.

>>50459264
how sad, 15 years in your life and you still have the reading comprehension of a poorly-tuned AI chat bot. do you have a purpose in life other than getting the last reply?
again, if you could read, you'd know a lack of government is closer to what i think is moral. you must have me confused with some leftist dunce shitting up this thread.

>>50459357
>housing
Lots of inexpensive houses out there, if you're willing to give up the fancy big city lifestyle.
>education
You can learn almost anything for free online. The library has free computer access and an internet connection.
What's your excuse for not learning?

>>50459378
Ok but houses are objectively more expensive. This isn't something you can argue against. People have it much more difficult today than 50 years ago.

>>50459406
>houses are objectively more expensive
OK and? Lots of things are more expensive. Labor is more expensive, too, so people get paid more.
I'm not even sure what you're arguing. You want the government to fix the price of houses?

>>50459406
>>50459378
>" the standard of living is gradually decreasing"
>"what do you mean retard, people own homes somehow, just decrease your standard of living and you can own a home?"
this is somewhere between moving the goalposts and a complete lack of brain activity, it's a really retarded debating strategy

>>50459466
>houses double in price
>average wage is up a few percent
>"they both went up, why can't you buy what you want?"

>>50453572
>corporations buying up as much real estate as possible
Point in case, BlackRock
CEO of BlackRock is Larry Fink
And Larry Fink is
>Jew
Well done anon, you cracked the code

>>50459466
This is bait, I refuse to believe you're actually a boomer, what are you doing on 4chan?

>>50459466
Are you fucking retarded?

>>50459466
Go and sup lemonade on your porch, Gramps

>>50451326
So buy a house.

>>50452096
This is your brain on melanin

Is it possible that a lot of our income problem comes from the market assuming dual household incomes? Americans in general, and men in particular are having far less sex. Some incentive for people to actually pair up and one member stay at home might actually help.

>>50457989
That’s why we have different parties because different reasonable people disagree.
The government ought to do what it can to guarantee security and stability to its populous.
You can’t have safety or security when a good slice of your population (even 5%) is or is on the verge of being homeless. The societal effects are huge, from bad outcomes in education attainment to literal crime on the streets, drug use, suicides, unusually high usage of medical and social services. Being without a place to live affects society in huge ways with its externalities. Do you really want to live in a society that ignores this? Trust me you really don’t want to see what this would be like.

>>50459668
Correct me if I’m wrong, but wasn’t the post ww2 economic system set up to explicitly promote high wages and employment so that people weren’t seduced by other ideologies?

>>50459573
No I'm white, also a home owner in early 20s who's property value already went up 60%

>>50459729
I don’t know. I can’t answer that question. Of what I do know I can say it wasn’t that ideologically motivated in that particular direction. That is a conclusion you can make yes. But I wouldn’t have made that conclusion. I would say that the system was set up to prop up the output of an American industry that has ramped up and was on a war footing able to produce huge amounts of product with no market available for it once the us government quit buying it because the war was over.
This is the basis of the Marshall plan which had the purpose of keeping Europe from going communist. You could argue that was the high wages part of your argument or you could say because communism was a world wide thread with the possibility of expanding towards the USA and the rest of the world. By then the soviets had nukes so it was an existencial threat to both Europe and the USA in general. You never did have high wages in Europe till maybe the 80s so that argument of high wages doesn’t make much sense to me. Also keep in mind that the whole point of this globalization 2.0 after the war was as much of a peace project as it was an economic one.

>>50451403
ok

oh wait if you stop using dollars the feds come to kidnap you and take your stuff

>>50451326
The house your grandparents bought was in the middle of nowhere and became more sought after. Plenty of houses like that, if you want them.

>>50459467
>"the standard of living is gradually decreasing"
For whom? The standard of living has INCREASED dramatically since WW2. Even the poorest people live like kings, with foods and services and technology only imagined by sci-fi writers decades prior.
>>50459486
OK, and? House prices are determined by the free market, as are wages. It's not the government's job to make the luxuries you want affordable for YOU personally, regardless of what your job or income is. That's absolutely insane.
How would it even work? Do you point at a house and say "gibs me dat" and a Government Man produces the deed? This is the thought process of a literal toddler.

>>50459668
Some people choose to do drugs. There's not much we can do about that short of murdering evert drug dealer and user. You want more policing and more surveillance under the guise of protecting people from drugs? How about drinking? Or maybe running too fast!?
Where does this madness end?

>>50451326
It’s the biggest credit bubble in the history of mankind bro, these types of movements always go parabolic towards the end we haven’t even reached the peak yet before it all comes apart

>>50451326
It's over.

>>50451347
FPBP

>>50453572
>stagnating wages
caused by mass immigration of cheap labor, which is promoted by the mass media, about 85% of which is run directly by Jews and the rest of it is dependent on Jewish ad companies and banks
>landlords
i.e. THE traditional Jewish occupation, next to money lender and pimp. Germans tried to get rid of landlords as a concept by creating housing co-ops and building homes affordable for everyone, and suddenly the Jewnited Kingdom declared war on them.
>corporations buying up as much real estate as possible so that they can dry up supply, drive up home prices and subsequently rent prices
You just described Blackrock, which is run by Jews (look it up on Wikipedia)

>>50453572
no, it's called the financialization of land.
by providing credit that saturates a lifetime's wages, prices trend up to that level.
you must then pledge your life for a house.

>>50460391
>House prices are determined by the free market
What is the FED rate.

>>50452943
funny story. my brother in law was raised by his grandfather because his mother is a deadbeat or something, i don't really know. anyways, my BIL recently bought a 3000 square foot boomer mansion from his grandfather. sentimental value and all, since he grew up in that house.

the property is literally next door to BIL's deadbeat mom's house. in fact, they share a well for water and a septic tank for waste. the grandfather didn't even give my BIL a good deal, despite the grandfather being rich (owned a sawmill) and having multiple homes and hundreds of acres of farmland.

BIL's deadbeat mom's house was GIVEN TO HER by her father (BIL's grandfather.) she is also GIVEN a new car every few years. she's in her 50s and afaik has never worked a day in her life.

>>50453927
whine harder, you fucking loser

>>50454427
whats the A in the BLTA?

>>50452096
>3.
This is the point most four chenners need to understand. Ride the tiger, surf the wave, do not feel guilty, morality or other constructs that are meant to hold you back. Learn to use the tools around you, simply do and worry less of what people think of you, because reality is as follows - when you succeed they will come running. Fuck the losers that tell you you can't do what ever the fuck you want, just do lt - for real younglings, understand what it really means to "do what ever your heart desires"

My area has price ranges from $150-500k.
$150k you can get a cheap little house, a good rental.
250k you can get a house thats a bit nicer but not worth it cause not a dream home. very inbetween
$350k kind of nice but new and no yard.
$500k you get the the big house like the $350ker with the yard of the $150k or bigger

I dont make a lot of money but have common sense so bought the cheapest house in town $65k.

All you guys went to college and make good $$ but seem to be retards or delusional. If you grew up in a place that was flooded with tons of out of state growth or non american i exclude you but here in the states snatch up what you can get and play ball or get stuck holding the bag.

>>50456121

Your dad sounds pretty based

>>50458854

>government dumps 100 million browns
>makes the young compete against them for housing and jobs
>if you complain thats socialism

>>50451326
I hate what they turned this country into.

>>50459207
>10 years experience
>Replaced by a new graduate
That's hilarious because you think new graduates know anything at all. That was by far the biggest cope I've ever seen.
Keep crying please.

>>50457307
I am. When you join a company they ask what your home residence is. They pay your payroll taxes and then you pay state and federal taxes. The state taxes are for the state you live in. If you're working a California job but live in Kansas you pay Kansas State taxes because you live in Kansas. Otherwise people that work for Google from a call center in India would pay California state taxes.

>>50454950
>he thinks they wont fire his ass before he vests

>>50459378
>willing to give up the fancy big city lifestyle.
it all makes sense now.
You are living at home at 19 years old and working as an automechanic for $18/hr. You believe your situation is circumstantial and will change.

It will not. You will find by the time you are 26 that there are 0 opportunities for you, both outside the "big city" and inside.

>>50454950
>>50463417

>>50456121
Why is a guy with millions of dollars of assets getting social security payouts? What a shit system. Fuck boomers.

>>50459378
Learning and (((Education))) (TM) are two entirely different things. One will make you competent and the other gives you a piece of paper that allows you to be hired. I thing anon was referring to the latter.

>>50466993
You don't need a degree for most jobs. Self-taught programmers make great money.

>>50463417
You understand that I don't vest all at once right? 6.25% per quarter. Your cope gets sadder and sadder each time. Keep going.
I've got 220k worth of stock in a company that's so integral to the United States government that is basically impossible for them to post a loss. In 4 years time that stock will 5x like it has every other 5 year interval for the past 40 years. Cope harder.

>>50457501
If only they were only $500. Have seen the prices of a Louis Vuitton bag?

>>50453072
I dunno seems kinda extreme, I don't think there is anything better than playing the game

>>50453195
I totally agree, but don't know how to avoid fiat currencies crypto and especially monero might be an option in the future but for now we are fucked

>>50451347
Except we have hard negative birth rates and record multiple-home ownership.

>>50451326
It is inflation combined with exuberantly low government bond yields and fed interest rates, which has forced big corporations to invest in real estate instead of bonds, thus driving up the prices of housing.

>>50453072
There is a third, way, you can win a game of chess by shooting your opponent in the head and blowing his brainmatter all over the chessboard

Lie, cheat and kill everyone standing between you and your goal, anything is retroactively justified once you win

>>50459990
No it was not. I am OP. My grandparents house was NOT bought in the middle of nowhere.

They literally live 2 minutes tram ride from biggest city in my country LMAO.

>>50459990
>>50469903
According to /biz/ this is "the middle of nowhere"

KEK

>>50468911
Immigration and the birth rates of immigrants.

>>50454950
>calls himself a chad

>>50470007
>He's mad at other people with higher self esteem

>>50470032
HAHAHAHAHAH

>>50469932
Literally Australia. The only place more middle of nowhere than that is Perth.

>>50468911
All population growth in Western countries comes from immigrants and the children of immigrants.

>>50470161
>I can't breed

>>50470179
Yes, it is more difficult to afford having kids when you have to pay full price for housing and food and transportation and healthcare and education while immigrants get all that shit subsidized thanks to (((civil rights activists))) and (((humanitarians))), which is one more thing native citizens are forced to pay for.

>>50451326
The boomer fears the eternal inflation calculator.

>>50470123
My grandparents were factory works,

all the factories were in the city or city port area

They bought a house in the city port area

Now its worth 3 million

They did not buy "in the middle of nowhere"

>>50470281
Looks different, also Washington was Anglo, not Dutch

>>50470054
>H,haha, ha

>>50470318
The city port area was probably a fucking dump comparable to your local ghetto today. You could buy a plot of land in your local ghetto right now for probably 50k.

>>50459729
It looks like it succeeded.
Remember, we sided with the communists in the war.
And today I see lots of communists.

>>50462471
> whats the A in the BLTA?
Avocado
>Californian millenials only want one thing
>and it’s disgusting

>>50463006

You’ve never worked or lived abroad, that’s OK. You still must pay federal income tax anywhere and state income fax if applicable based on your most recent residence before moving abroad. CA tax guys will fly to Thailand to shake you up, loser.

>>50451347
We have enough land to accommodate everyone, there just seems to be a group of "people" who want to make it exceedingly difficult to purchase land and construct a dwelling upon it.

There is also another group of "people" who see the practice of renting out residential properties as a career, useless eaters who exist solely to construct artificial barriers of entry to society and charge people to pass them.

>>50472266
>group of "people" who want to make it exceedingly difficult to purchase land and construct a dwelling upon it
There is so much land to bury these people in.

>>50470241
kick 'em out

>>50451347
It’s called boomer controlled government. Since 93, every president except Obama has been born from 1942-1946.

Boomers have been in government for 30 years, this is the result

>>50466380
>Why is a guy with millions of dollars of assets getting social security payouts? What a shit system. Fuck boomers.

because that's how it works, everyone is guaranteed UBI when they hit a certain age no matter how much they have in the bank.

>>50474047
Logan Run when?

>>50451326
The S&P 500 was $670 in 2009 and made new highs every year until 2022. The longest Millennials have had to wait for a "new ATH" was one year.

Gen X went 13 years from the 2000s highs until they got in the black again in 2013.

Millennials also had the opportunity to buy Bitcoin for

>$200 in 2015
>$350 in 2016
>$720 in 2017
>$3100 in 2018
>$3300 in 2019
>$4000 in 2020

All of which would have given them a 17x-345x over 6 years.

And you're bitching about Boomers getting a 3-5x on their homes that they've paid property tax on for 30+ years?

Millennials have had life on easy mode and those who are renting and waging at a five-figure job in their 30s are complete failures at life.

>>50472965
Not one of those presidents are "Boomers". The first Boomers weren't born until 1946.

You guys don't even know who you're trying to blame for your failures.

>>50453254
Most boomers waste their money on dumb shit like casinos and lotteries

>>50472125
Yeah I understand how international income tax works. But the premise was not, you have your residence in California and live abroad. It's getting a California job and living in any other state. You pay the taxes for the state that is your primary residence. And if you move international you only pay federal, not state.

>>50475576
This to be honest. You had the chance to buy a home at a 2% interest 30 year fixed rate mortgage and instead you sat around waiting for a crash. Now we're already recovering and you're going to rent forever.
Good luck waiting to afford the same 10 square miles of land that you and 40 million other people want.
You'll own nothing but the way things are looking you won't be happy either.

>>50475576
You forgot to drop the mic

>>50462471
Wahts hare a I. Bait>>50462471

>>50451326
you can buy a lot of boards and nails for what your paying in rent. Jesus just build your own house then if it's too expensive and get a remote job. Sell it to some chink or dot head in 30 years like your parents did.

>>50475576
>>50477285
>>50477302
>bro just be early money on a technology most people thought was a scam or something just for drug dealers and pedos while it was cheap if you want to have the same kind of financial security and prosperity boomers enjoyed with no effort or luck required lmao
Compare MC of crypto to MC of real estate, then tell me which generation is better off if their generation owns most of it. Also compare use case of crypto (Jewing people by dumping your bags on them) to use case of real estate (living in, running a business, agriculture, renting out) and tell me which one the vast majority of people will get more use from.
>>50477469
Doesn't solve the issue of land itself being expensive as fuck in any area remotely desirable, as well as building codes and other NIMBY bullshit boomers put in place to limit housing supply and artificially pump their own bags.

>>50477674
>a 3x on a house is better than a 30x in crypto because you can live in it.

You're never going to make it.

>>50477784
On a micro level sure the crypto 30x is better, on a macro level (which is what we're discussing since we're comparing entire generations rather than individual stories) the real estate 3-10x is better. The percentage of boomers cashing out a 3-10x on their house is much higher than the percentage of millenials (or any other generation) who will ever pull off a crypto 30+x. And there is nothing stopping you from investing in crypto after buying an affordable house. Boomers aren't locked out of crypto the way a lot of millenials are who can't afford any kind of investing after they pay their bills.

>>50477674
Boomers are the children of a generation of people that completely lost their ass in the great depression. What makes you think the stock market was seen as any less of a scam. And like I've said multiple times, when boomers bought their homes "in the city" the city was a fucking nowhere town. If you were willing to live in a city that small you'd find houses are still that affordable.

>>50478136
So you're saying if boomers were in a similar situation as milennials where their housing was unaffordable but they could have made money on risky, speculative gambles none of them would have done it and they would be struggling just like milennials are now, but they're only prosperous because of their cheap housing which was no brainer to buy? Thanks for proving my point.

As for the city part of your post my boomer grandparents bought a cheap house in LA in the 70s, which was not some one stoplight town in the middle of nowhere back then. The only way anyone under 50 will ever own a house in that neighborhood now is if they inherit, win the lottery or they both work great jobs and never have kids.

>>50462471
asbestos

>>50478489
LA wasn't a nowhere town but it also wasn't nearly what it is today. Ask your grandparents what it would have cost then to buy a single family home in NYC around the same time.
Stop trying to live in the same 3 cities and you'll actually be able to afford a home. It's that simple. I bought my house easily because I live in a city that on an upward trend but isn't out of the range of affordability. 2/3 of my friends all own homes. You just think it's impossible because you can't fathom leaving California. I know I know. Who will sprinkle meth needles at your doorstep in the morning. Tragic really.

>>50470318
my grandmother recently sold her house for 2.7m in surrey hills that she bought back in the 70s working in a bakery. ON A FRIGGIN BAKERS WAGE. every time i see her she mocks me for not owning a home or having a girlfriend yet because i dont work hard enough. Lol im so done with this life

>>50459378
Nigger, in 2000 my job was paying $60k, houses were $100-$200k, now my job pays $105k and houses are $400-$800k. Things are at a breaking point

>>50478745
This, I graduated in 2016, started making $60k. People were making $60k out of school in the fucking 90s lol. Fucking bullshit

>>50456792
My girlfriend is a trained architect with a master's degree and connections for design jobs in NYC. She makes 60-90k per year. I am an Uber delivery driver who only works intermittently (because frankly, I cannot handle the humiliation of the job) on a scooter (dangerously hot in summer where we live), making about 23k per year. She grew up in poverty, I grew up dead middle class (combined household income of about 80k per year CAD). Frequently, she reminds me that I am rich. Even after my dad died and all his pension money was halved, I'm still "rich". She told me just today that she /has/ to buy a 4800$ Apple laptop for work. I looked at the specs and said she could pay much less for a Windows laptop. Cue the complaining and the condescending "you just don't understand Apple's advanced ecosystem". Then she starts ruminating aloud about how her father, who is sick, needs her to pay for his ticket back to his home country to see his mom, who was just diagnosed with dementia. It became a fight about how I don't understand her "struggle". A woman who eats /exclusively/ takeout, making middle to upper middle class income for a single person in Canada. I've even been pressured to help her pay for her dad's trip. People are fucking retarded with money. Sometimes I skip meals to help pay for the few things in life I want, like stuff to further my private artistic practice. She can't hold off on expanding her belly at 30-50$ a night. But frankly, I've seldom dated women here in Canada that will do free activities with you. Being in a relationship with them is always about spending money together. Or watching the electric jew.

>>50477285
Why do fags like you always have to doom post to validate your own choices. There will be a plethora of homes available when the boomers all die off. No way will immigration keep up with our completely fucked replacement rate. But sure, jerk yourself off because you bought an overpriced house in the suburbs in 2019 by pure chance and think you’re a macro genius. It’s always the same with you fags that bought houses.
>please feel fomo to validate my decisions because I’m that insecure about
Every time.

>>50478552
I already did exactly what you suggested. I live in a Midwest state and own a house here. Doesn't mean I'm not allowed to point out that being priced out of where I grew up is bullshit or that boomers have manipulated the housing market to fund their own retirement at everyone else's expense or that my generation has to jump through 100 hurdles just to get comparable results to what boomers got for clearing 1 hurdle.

The fact that you need a pair of doctor or lawyer or business executive or business owner incomes to afford the same house that could be bought 50 years ago with one blue collar, straight out of high school income is a pretty clear indicator that something is broken. No amount of "dude just move to a cheaper state dude just trade crypto dude just buy the dip dude just start your own side hustle dude just drive Uber on the weekends dude just never have kids dude just get a PhD dude just learn to code lmao" excuses will change that.

>>50478974
People were priced out of living rural and moved to cities. People were priced out of Europe and moved to America. Moving for economics isn't some new crisis. Get over it.

>>50478886
>There will be a plethora of homes available when the boomers all die off.
>He doesn't know about boomers all taking out HELOCs because you can't take it with you.
They're going to spend every red cent of those loans and then when they die the bank will take the home back and add it to the rent cuck farm catalog.

>>50478745
Home prices rise/fall with purchasing power (salary and interest rates). Interest rates in 2000 were 8%. Last year they were 2.5%

>>50451347
Actually it’s immigration

>>50479101
Things that aren't an unavoidable crisis:
>Boomers bullying local and state governments into restricting housing supply so they can pump their own bags
>Boomers flooding the country with immigrants for cheap labor, which also has the effect of driving up housing prices
>Black Rock and other speculators driving up real estate prices
>Wage stagnation
>Requiring degrees for every job

>>50479132
People are really going to sit around waiting for a 20% price drop when rates hit 8% and the payments are twice as high as a result.

>>50478005
>millennials are locked out of investing
Bullshit.

If Millennials threw $100/mo into the S&P 500 from 2010-2022, it would be worth $40,000 today (15k investment).

If Millennials would have bought a house and taken out a USDA loan (0% down, 3% interest), they would have made on average 20k/year in home equity the past 10 years.

And a more extreme case, if Millennials would have invested $1000 in Chainlink in 2017 when it was shilled on this board, it would have been worth 640k in the 2021 peak.

Not to mention 6+ years of sub-4k BTC buying opportunities.

They had plenty of investing opportunities and a decade long bull market. They just don't invest.

>>50479231
>when rates hit 8%

Never going to happen.

>>50478644
boomers will never get this. you can show them the comparative wages and house prices, you can show them the inflation calculation, you can show them today's salaries and house prices, they'll just deny deny deny until they croak.

>>50453706
>There is something deeply unsettling about this house, yet I can't quite put my finger on it.
It might be the deep shadows present in the recessed areas of the face we are seeing.

They're extremely dark for a sunny scene like that

>>50479474
>people who were barely out of high school and struggling to pay for college and just survive had enough money to regularly invest in the stock market
how delusional are you? were things really that easy for you when you were our age, boomer? now there are thousands of people who graduate college and start to live in their car because they can't find a job before their savigns runs out. and you're telling those people they should have just invested in the fucking stock market every month. and for older mils, most of them LOST THEIR JOB IN 2008-2009. you're telling people who just lost their job and were looking at a nuclear wasteland job market, "lol just invest in the stock market. if you had a crystal ball and could see 10 years into the future, look, your 15k will turn into 40k!"

and what the fuck would they do with 40k? houses are 500k. that's not even 10%, and they'd still have the mortgage, and to outbid the cash only buyers, which you can't.

and I say this as someone on track to own a home in about 2-3 years, so no, i'm not just salty. gen y and z were fucked over by boomer greed. i will personally knock over boomer gravestones and vandalize their skeletons.

Yeh it sux, life's hard but whatcha gonna do. Either keep bitchin and be in the same place 10 years later or accept the game for what it is and make shit happen.

>>50477285
>haha why didn't you just buy a house while you were still in school and didn't have an income?
Keep pushing boomer, keep assuming we don't have a breaking point

>>50451347
We're literally in population decline you retard.

>>50479970
wow the first year of it starts today!! wooo! maybe well see the effects 4 generations from now! :DD

>>50479132
Nigger, Fed rates were not fucking 8% in 2000 you lying nigger faggot.
>muh mortgage rate
Nigger, nigger, double nigger, mortgage rates are 6%+ percent currently, prices need to fall 50% from HERE to be comparable to fucking 2000

>>50479495
The difference between 4% -> 6% is much much MUCH greater than the difference between 6% -> 8% YOU DUMB GOYNIGGER FAGGOT PIECE OF SHIT FAGGOT
>verification not required
Duh.

>>50475645
Don’t care, old people should be euthanised

>>50480133

>GOYNIGGER FAGGOT PIECE OF SHIT FAGGOT

Fucking kek

>>50451326
You're inheriting your grandparents' house, right? And your parents' house too? So you'll have $4.3 million in houses some time in the future?

I'm inheriting $1.8 million from my mother. Could happen any day.

>>50477674
there was nothing desirable when our depression era grand and great grand parents build their communities. Hell, 100 years ago there was pretty much nothing in this entire country. Now we have start link and solar if you are really that poor. Before stupid boomers people built their own communities and towns. Thats what needs to happen now. Complaining about how hard it is wont get us anywhere. We need to move away from the cities full of foreigners and crime and homeless and build our own communities like our ancestors did.

>>50479140
Ok jew

Both my parents and my in-laws are wealthy boomers. My wife is an only child. I'm fully expecting to retire in ten to fifteen years from now. I already have my own house paid of for 90% by putting my crypto profits into extra redemptions.

Then again I'm not having faith we still have livable conditions on this planet im that time span, so I'm going to stop working either way KEK

>>50457989
The government (state and municipal mainly) set housing up to be an investment vehicle for megacorps by forbidding medium density housing for decades. Everyone has to buy a car which lasts 10 years before falling apart. Everyone has to buy a massive house which is made from crap materials. You will replace the roof, and the siding, and the windows, and the plumbing. The government has pushed us into a society of treadmill expenses, and if you criticize it, people will bitch and moan about jobs out one side of their mouth while approving slave labor outsourcing out the other. It's broken window fallacy at the trillion dollar scale.

>>50451326
why are you paying rent? you can literally take a loan, pay the same as a rent, but you'll have something to show for after a decade. why are you people so low IQ?

you are the reason the rents are so high, you are literally enabling landlords to fuck the economy up because of your stupidity

>>50451326
I wish a horrible and lonely death for every boomer unfortunately still living. I fucking this stupid bullshit argument of millennials/zoomers can’t afford owning a home becuase of unnecessary luxury items like avocado toast. Fucking even shopping at an ultra luxury orangic grocery store like Erewhon here in LA and even with poached organic eggs and bacon would would be less than $150 a month. That’s assuming they would eat that shit every day for a month straight.

>a week of organic Avocado - $16
>organic sourdough- $6
>a dozen of organic eggs -$10
>pack of uncured organic bacon -$10

>>50480326
Anon you do understand allowing brown immigration into white countries is jewish right

>>50479605
>were things really that easy for you when you were our age, boomer?

I'm 35.

>nuclear wasteland job market

I was in that 2008-09 job market when I graduated college. Got hired for 45k/year out of college because I didn't major in something worthless (Mathematics).

>houses are 500k

Homes were 130k in 2011. They were affordable until 6 months ago. Rates were 2.5% last year. You can still buy now with $0 down at 3%. Just get a USDA loan.

>there are thousands of people who graduate college and start to live in their car
>they can't find a job

They're losers. Imagine not being able to find work in this economy.

>>50480085
You can't read, which is probably why you're renting.

>>50480282
>You're inheriting your grandparents' house, right?
My parents and grandparents didn't even keep their property in Ohio.

I'm penciling myself in as not inherting anything significant. These dudes are bona fide retards

>>50454153
If you knew what so called “real humans” are like you wouldn’t care whether they get genocided. Npc golems are the reason psychos have won. Psychos alone would never defeat freethinking, moral autists, but their cattle can overpower us. So let them all perish while you care only for those who have a soul.

>>50470672
Kek

>>50475576
Then why don’t you have hundreds of bitcoin genius? Fucking retard acts like we’re a hive mind and everybody has access to information on a random anime board.

>>50480295
100 years ago you had magnificent cities, moral society and stable growing economy you illiterate moron
>>50478136
>stock market was a scam
That’s another historically illiterate cope
>>50479101
>blah blah blah
>let me make some vague unrelated statements to support my dumb opinion

>>50479474
>if millennials put $15k in ten years they would have $40k that’s worth as much as $15k ten years ago
who even posts this crap?

>>50481006
Chinese have been driving up prices of real estate for decades and the market’s been overpriced for years now. Just because you first heard about it a year ago doesn’t mean the problem didn’t exist before you dumb fuck npc

>>50479474

this is a retard-tier take
crypto has been a small, ultra-speculative market
houses are a necessity
boomers didn't invest in them, they just bought them due to them being a necessity
i've put aside more cash than both of my parents already, despite being half their age
the reason is that they never invested, and i did so, aggressively, due to it being a sheer necessity
just like we had crypto they had lots of similar markets, like the tech boom, silver in the 70s

case of my parents
> first house 50% paid off by grandparent, 50% paid by themselves in cash when they were 32 (if houses just followed salaries in terms of appreciation i'd be able to buy that same house in cash myself, right now, fully on my own and I'm younger)
> second house bought when they retired, 50% paid by inheritance, 50% by themselves (again, I'd be able to buy it entirely if appreciation followed salaries), has appreciated 50% since then
> piece of land inherited from grandparent
if it weren't for houses, my parents would have relatively little net worth

boomers are scum of the earth, and the arrogance and indifference with which they parade around is intensely insane

>>50479907
>Still in school
The interest rates were that low last year. The oldest millennials are nearly 40 and the youngest are nearly 30. If you don't have any money and are still in school you're beyond help. If you're a zoomer, fuck off nobody cares about you fags.

>>50480133
Try not to cry too hard when it does happen. We're at 5.3 right now.

>>50480781
150 dollars into the market every month for 50 years at an average 8% annual return is $1 million. That's expensive toast

>>50451326
Is bitching about the housing market on an anonymous Laotian paralympic handball forum going to get you any closer to owning a home?

I should note, since you seem kind of retarded, that this is a rhetorical question...

>>50454153
>we failed
>we
wut? lol speak for yourself retard

>>50455287
lmfao that oppurtunity is closing every year dumbfuck

>>50451326
Not for long.

>>50457989
government ownes you housing tho...its literally illegal to go inna woods and built a house without getting arrested but yeah good luck with your low IQ retard

>>50453572
And by "landlord", I'm sure you're not talking about your fellow middle class brothers and sisters. Surely you mean the government controlled housing and corporate controlled housing like blackrock.

>>50451326
Ngl that avocado toast looking pretty good. Why do people hate on it when it look better and probably healthier than the usual goyslop

>>50458854
That's not what he said you, you are purposefully misconstruing his argument.

Instead of
>The government owes me a specific outcome
it's
>The government owes me the opportunity to achieve a specific outcome

>>50454957
Why not just become an electrician, plumber, or hvac tech? On the job training and in any city over 50 thousand people you will pull six figures easily.

>>50456121
>I just wish my dad would retire so he could relax and enjoy his life.
Same situation but my dad isn't quite so well off. He works more now that he's remote than he did when I was growing up. I don't know what he needs $100k/year for when his house has been paid off for two decades now and all the kids are set with good careers.

Watching him waste the last good decade of his life has been extremely painful. I really hope he gets laid off soon, I think once he has a full week without work he'll realize how much of a fucking idiot he is being.

>>50454957
>I got a 30 on my ACT
>I got a degree
>I'm 31 and make $19/hour
>It's infuriating watching truck drivers make 100k starting

Then become a truck driver. You aren't anywhere near as smart as you think you are if you can't figure this out.

No one owes you a good job because of your ability to memorize facts.

>>50451403
This is why they want to ban cash and won't let you sell RuneScape gold btw, they want a monopoly on economy

>>50483633
This

>>50452096
>how to be a jew 101

1- The internet was bigger years ago, it is a closing trap right now. Escape just makes you irrelevant and abandons other anons to their fate.

2- good advice if you own it the home and know you will always own the home or can get paid for it. A bank wants you to pay to fix homes for them.

3- your family is probably happy to help you succeed anon, being a low trust jew to them will just make them not want to work with you. Yea there is one in every family and their scam might work once or twice but they tend not to do too hot over the long term. Trust is worth way more than a bank can cover, that's why they charge such high interest rates.

>>50457989
The government owes me my taxes in ammunition, they will deliver, I hope they never do.

>>50457383
I don't know.

Commies? Nazis? Doesn't matter, maybe in a city it does to the mayor but it doesn't matter, the kids want guns, the kids want homes, the kids want to take a shit on police cars. They could be amish for all I care.

Has this ever not been the case? Nothing ever happens, I hope the markets keep crashing.

>>50478745
Get a better job. Advance your skills.
You can't just so the bare minimim and expect everything while resting on your laurels.

>>50480718
just ask your parent for a small loan of $100k for a deposit on a house! duh! it's that easy!

kill yourself. gargle bleach.

>>50479907
>keep assuming we don't have a breaking point
We're still waiting for your "stop whining and get a job" point

>>50484171
When God closes a door, he opens a window. Help yourself and He will help you.