/biz/ - Business & Finance

back to $200k

>>51006279
Imagine not building your own home for less than 75k.
Imagine buying a cookie cutter house in a HOA neighborhood for 550k.
Imagine being completely fucking retarded and thinking that number always go up.
You deserve to be bankrupt.

>>51006488
Can't so much anymore. Wood went up a lot and is still high.

>>51006279
"HOUSE PRICES ONLY GO U-

>>51006713
Imagine using wood to build a house thats supposed to last more than 100 years. This is why history will forget you.

>>51006917
based
us eurofags get it

>>51006917
It's happened like 10 times, every time I ask people what to build a house with other than wood, I never get a response. Just a full stone house? That gets knocked down with a small tremor?

>>51006962
steel

>>51006856

>>51006917
bro you need a shitload of wood for building a roof

>>51006917

Our wooden summer house is standing since 1796 what are you on about.

Stone houses stand longer than their economic viability. No one wants to live in a medieval stone house, too few windows etc.

>>51006962
>>51007370
>>51007381
Are you people pretending to be retarded or have you really never heard of bricks before?

>>51007464
>building a roof out of bricks

>>51006279
look on the bright side, at least you have somewhere to live

>>51007464
>brick roof

>>51006279
Sold my tiny house for a king's ransom. Bought into a new house with a big down payment from that cash. Could lose nearly 150k in value and still be good. I'll refinance the mortgage when rates bottom out. This all works.

Many people who bough homes last year have already lost their downpayment. I can't imagine how it feels to have tens of thousands of dollars just vanish. When crypto crashes it doesn't feel like real money but housing is different because downpayments are usually made with earned dollars.

>>51007572
Just because nobody does it doesn't mean it can't be done

>>51007629
or that nobody does it, because it's retarded

>>51007370
Lmao what is your job?

Many people who bought houses last year lost their whole life savings already and prices are still going down. They will go into negative net worth.

Even buying SHIB at the peak was a better investment since you'd still have money left.

>>51008182
ducted aircon
if you think building a roof out of steel trusses is acceptable please kill yourself immediately

>>51007145
>Anon! The zestimate! Do something!

>>51007572
concrete roofs exist, but theyre fugly

>>51006279
That graph and that stat don't remotely match up.

>>51007629
Classic /biz/! amiright guys?

>>51006279
Anyone buying a home now that doesn't NEED to buy a home is retarded. Wait one or two years and you'll be buying at at LEAST 15% discount.

the hosuing prices and cpi have decoupled by about 45%, that number should be closer to 0% btw

wait and buy

>>51009636
Price of rent is equivalent to the 15% discount, so it would make sense to buy because the savings from rent would absorb the price loss?

Does anyone even check prices here? Lumber prices have collapsed. Back to 218 levels

>>51007464
This is not minecraft

>>51006917
What do you use other than wood in an earthquake-prone area though? Genuine question

>>51007145
Kek that pic

>>51007995
So retarded that maybe its smart

>>51009713

Mud

>>51009713
Graphene

>>51006917
>Imagine putting down roots while your country is being flooded with third worlders

>>51006279
It's going to be ok

>>51009810
>just let the race die because things are hard

>>51006488
how much money do i have to spend to build an 800sqft brick house?

>>51009828
The point is that we have to stay nimble in these times. Building structures to last hundreds of years doesn't make sense. House ownership at all might not even make sense. We're in a war. It's time for us to live in box trucks and build caravans and be nomadic and do flash mob activism. Muds can't force their way into your space if you're always on the move.

>>51009852
>The point is that we have to stay nimble in these times. Building structures to last hundreds of years doesn't make sense. House ownership at all might not even make sense. We're in a war. It's time for us to live in box trucks and build caravans and be nomadic and do flash mob activism. Muds can't force their way into your space if you're always on the move.

>>51006488
Not every house you can buy is cookie cutter suburban shit in an HOA

>t. Owner of a 1920s craftsman home relatively close to the city & near a large body of water

>>51006917
this is hilarious assuming americans houses are 100% wood. it's more like 40% wood and 60% drywall.

>>51009699
What about 2019 levels?

>>51006279
No need to worry. This is one bubble they will never let pop. The contagion would ensure the destruction of the west. They are being forced on multiple fronts now to start printing money. If they don't well I hope you have plenty of bullets close at hand.

>>51009852
Muds can't force their way into your space if you force them out! All you're proposing is running away for as long as you can. White flight is not an acceptable survival strategy. Diversity will find you if it's not repelled. Barring all whites magically move to outer space.

>>51006917

I own 3 houses all made of wood that are older than 100 years.

I grew up in a wood frame house built in the mid to early 1700s. It was fine.

>muh wood
eurofags have never experienced an earthquake and dont realize the flexibility of wood allows houses to survive them

>>51010228
>eurofags have never experienced an earthquake
we're God's favourite continent

>>51010243
>connected to africa
>God's favorite continent
x

>>51009713
Like japan, you can build shit that wobbles

>>51007605
>Crypto crashes
>Have nothing
>Home value drops
>Still have house
You're an idiot

>>51009761
>>51007995
>>51007629
>>51007572
>>51007464

>hurr durr brick roofs are stoopid because rock heavy

Meanwhile in reality, brick roofs are peak civilization and some of the finest masonry known to man.

https://www.youtube.com/watch?v=DHtYXJ-bgnI

>>51010446
>still owe mortgage
>get laid off

>>51010451
Definitely cool, but probably not worth the cost.

>>51006279
my brother in law is probably $50k underwater on a boomer shack he bought from his rich multi property grandfather. $300k purchase price, hasn't been renovated since it was build in the 1980s.

the real funny part is that it's impossible to sell because it shares a well and septic with another property. that property is owned by my brother in law's mother... and it was given to her FOR FREE by her father (my BIL's grandfather.)

wait, it doesn't end here. my brother in law was raised by his grandparents because his mother is a deadbeat and i guess his father is dead or not in the picture, i never asked.

>>51010904
>*creampies your sister*

>>51010934
she's 200 pounds, have at it

>saving up for house
>the prices keep going up with mystery meat people offering cash for $15k over asking price
>prices start cooling
>rates start spiking

I can't fucking win, bros. I'm going to rob an armored truck, shuffle the cash through a variety of casinos, then fake my death and move to somewhere with less shitty circumstances

>>51009811
t.

>>51009713
Concrete with lots of rebar, wood if done right will wobble and bend. Bricks with rebar and stuff. My uncle lives in an ancient brick adobe house that has whistood an 8.0 earthquake. Whereas my grandmother has whistood 7.8 in a wooden house. It isn't about the material, but how it's built.

>>51006279
Next you're going to sell into the bear trap at a loss.
Then you'll spend the next ten years renting.
Then you're going to buy the 2032 top, four years after inflation finally peaked.
Then you'll lose everything.

>>51006917
How much are you paying for brick?

>>51010451
That's disgusting and will definitely leak. Masonry is not good for sealing out water. I can also see many points of high tensile stress which will cause cracks and brittle failure as soon as the fiberboard supports get wet. They should at the least have been running rebar in the cavities of those bricks so the whole thing doesn't just collapse suddenly, which it absolutely will.

>>51011008
You are correct that a masonry structure can be built to not fail in practically any quake, but for the $/sqft wood structures have better earthquake survivability and housing is nearly always built to minimum cost.

>>51006917
>supposed to last more than 100 years
Lol, what? If it lasts until I die then that's all I care about.

>>51010971
Mommy, please sell me a house…

>>51011156
>That's disgusting and will definitely leak. Masonry is not good for sealing out water. I can also see many points of high tensile stress which will cause cracks and brittle failure as soon as the fiberboard supports get wet. They should at the least have been running rebar in the cavities of those bricks so the whole thing doesn't just collapse suddenly, which it absolutely will.

Catalan vaults support themselves just fine, the fiberboard is only there for support during construction. If you want to make it water proof you can just build additional layers of other materials. If you want to make it stronger you can just pick a stronger shape.

>>51010243
>urofags have never experienced an earthquak
Did you miss the several massive ones in portugal?

>>51009839
35k that includes plumbing and electric. But it wouldn't be worth it to go less than 1200sqft in my opinion, and that'd be maybe 50k. My 75k figure comes from my blueprints of a 1750sqft house. Breaking ground next August.
>>51011170
And this is why your children will hate you
>>51009810
Wow you sound Jewish. Post nose moshe.

>ITT burgerfaggots unaware of proper house building materials

>>51009866
Live in a pup tent, shitstick.

>>51007572
What do you think flat roofs are

>>51006279
real estate is all local, national aggregate numbers don't matter that much. Interest at 3% probably won't happen again for awhile. I was seething for a bit over buying high until I looked what my overall cost would be paying 10% less on a house at 5% more interest.

>>51010074
Idk why you guys talk the muh race bs. All normies have no sense of racial unity or desire to preserve their race. White children openly worship black “culture”. Normie white men kneel for their black athletes like sodomite faggots. Normie white women are obsessed with the idea of “social Justice” and reparations (;)).

Just let the natural punishment for the arrogance greed and decadence destroy the arrogant greedy and immoral.

>>51006279
It's almost as if 5-6% mortgage rates mean that buyers qualify for less and can afford less.

Housing has always been tied to income and interest rates. People aren't making less money than they were last year. There are still more jobs than people who want to work for the advertised salaries.

Rates aren't going to stay above 5% long term. The Fed is just putting a temporary pause to their Ponzi scheme. They've already been declining the past 2 months.

You buy when rates are high and refinance when rates are low. If you wait to buy when rates are sub-4% then you'll be competing with 5 other offers for every property.

>>51006962
>what to build a house with other than wood,

youre right thats why commercial buildings and high rises are made out of plywood just like houses

>>51013635
Last year at this time rates were 2.75%. Now they are 5.25%.

Monthly payment on a 2.75% mortgage is 1225/mo (687/mo interest).

Monthly payment on a 5.25% mortgage is 1657/mo (1312/mo interest).

People can afford 25% less this year than last year, yet prices are still up 10-20% from this time last year.

>>51006962
Like the pyramids?

>>51006917
dunning kruger retard

>>51006279
you bought at the interest rate bottom though if that makes you feel any better

>>51006917
I would be happy with a hut at this point

>>51007464
>remove bricks from house
>find entirely wood structure

>>51014508
so go buy a pyramid instead of a house then genius

>>51006279
You bought in an area with limited space and high stable incomes, right anon?

>>51006279
>IM REEEEEEEEEEEEEEEEE

REEEEEEEE RALLLLLLLING

>>51014409
You can tell this retarded board a million times and they'll still say the dumbest shit and not understand anything you just said

>>51014972
I moved to the ghetto, with niggers. My wife and daughter raped, my son murdered, and the niggers raped my dog too.

But now I have the house to myself enjoying tasty nuggies and playing vidya in peace, aside from the Niggers I guess.

>>51009619
The trick with concrete is do a rooftop deck instead of a traditional roof.

I bought a year ago at 2.2%. House is up 13% since, am I gonna make it bros?

>>51006279
Aren't all new homes in burgerland build from cheap cardboard? Why are they more expensive?

>>51006279
The 2008 housing crash was such faggotry. They overcooked the market and it corrected and they acted like the entire thing imploded to unthinkably low levels.

>>51015350
And then they continue to play the same games which cause a real crash that'll make 2008 look like a joke

>>51014409
>Rates aren't going to stay above 5% long term. The Fed is just putting a temporary pause to their Ponzi scheme.

Unfortunately this time it will. Demographics are fucked. gen z is lazy as shit.

Energy and food shortages will continue and force the Fed to keep rates higher for much longer.

https://www.youtube.com/watch?v=mUkbPRPHnSE

>>51015312
DOIN
JUST
FINE
BROS.

>>51015350
The market hasnt been correct for 30 years. The people in power will never acknowledge this though. They want prices to never go back to normal.

>>51006298
Stop I can't get any harder

>>51009699
Per board foot yes, but retailers are still selling at high prices, it will take a long time before you see a huge cost difference at the register. The middle men stocked up and are going to continue wholesaling it at high prices until they can't anymore.

>>51011250
Why on earth would you want a masonry roof? A suspended concrete slab or slab over 12 gauge Steel C-Joists with corrugated steel decking and poured concrete would be 100 times better. Bricks are cool for 3rd world shit holes, but its either heavy gauge steel or lumber.

>>51010451
that stuff underneath the bricks giving the shape and structural support
is that.... wood?

>>51006917
Fucking based.

>>51006917
a truly quality post underappreciated by savage woodhut euro*eans

>>51014468
need more people talking about this. anyone with experience know how much it would cost to build a post frame house vs stick?

>>51010243
I live in a place full of earthquakes and storms and I'm glad to be born here since there's not a single nigger (white anglo/aryan person) in my comfy neighborhood.

>>51017402
Unconventional permits requiring more structural review. Immediately offsets initial savings. I want it to work out though I want a post frame garage.