/biz/ - Business & Finance

>>55194520
id rather rent in heaven than buy in hell

>basketball hoop
You know who is moving in.

>>55194520
That'll be 300k sir enjoy your monopoly home

>>55194520
My dad is buying me a house tomorrow bc I’m one day without cigarettes

>>55194520
Lol nice design. I actually lived in something similar. Not going to lie it was comfy. The garage was so massive I could fit 3 cars and tons of junk. Go upstairs like living in a perch sitting on all my lifes treasures. These boxes or forts as I call them are great.

>>55194520
>it's a garage, and you live on top of it!

>>55194520
My mortgage right now at 2.75% is $850 a month. I've got a small house with a large growing family and I have no options but to start sleeping in the living room or literally start digging a hole under my house.

>>55194577
>Go upstairs like living in a perch sitting on all my lifes treasures.
That sounds fucking horrible unless your garage door was somehow reinforced and could be weighted down at night, otherwise I'd be constantly paranoid of 'people of theft' breaking in at night and stealing my nice shit.

But if this country wasn't utterly horrible it would be a cool place for people in their 20s to live in and have girls over.

199 Cedar Path Ln
Eagle Lake, MN

I love geoguessr

>try to look up how much a 'drive under house' would cost to build
>"you have to buy the report before we can tell you we charge 300k for this plywood garage with a room on top :)"
Kek. This fucking country, man.

>>55194542
Mormons

>>55194606
Guess you better start digging.

>>55194697
I have met mormons of african origin.

I will be buying in 2026. This is the only advice I will give you or anyone else on the matter. Too many breadcrumbs and a certain screencap have been losted in the last few weeks and this board no longer deserves it. I will now return to bobo mumu posting.

>>55194606
And this is why housing supply will be fucked for years to come. No one who got in at 2% interest can sell without doubling or tripling their monthly payment. There's no more cheap parts of the country anymore, so people can't even fucking move "down south" like they used to. There will be no crash.

>>55194630
>$232,100
1-800-ComeOnNow

>>55194621
Motion alarms and locks and me being upstairs. I had a big room divider that kept everything out of view from the druggies. One of the neighbors had a giant 500 gallon fuel tank under his house in a complex like this. lol I can't believe he never got cited for that.

>>55194520
These are some ugly fucking houses, they may as well be townhouses.

Also looks like it's in bumfuck elsewhere.

>>55194520
That misalignment on the B pillar, is that a chinese car?

>>55194520
The housing market is indeed about to collapse, but so is the currency you'll be planning to buy it with.

Might want to swap it for real currency before it pops.

>>55194723
Trust me I seriously considered it. I'd have to have a structural engineer tell me where I can or can't dig and no one would open themselves to that liability unless i'm paying him 50k for the job.

>>55194809
Looks like a Nissan

>>55194847
>can't be like your great-grandfather and just build a house for his 8 kids
>you gotta sell and take out a mortgage for a new, bigger house
It's sometimes hard to express how I hate the current iteration of this awful country. Every little thing is designed to prevent actual workers from working, but make sure some grifter middleman gets his wheels greased. And now the middlemen don't even want their wheels greased, because there's a second middleman out there who might sue for some reason.

>>55194749
>fucking move "down south" like they used to.
You can though, Austin is much cheaper than where I live in spite of how expensive it's gotten, but has similar wages to where I live. It's just not a secret cheatcode to halve your rent anymore like it was 20 years ago.

>>55194880
It's insane what time and a tiny shovel is capable of. Just 1 man can dig a massive hole in 8 hours. As kids we would dig for fun. Make forts, swimming pools etc lol. It was common practice in the 1800's to hand dig a root cellar. I know i'd be fine living here but you're right. I could never sell the house. Watch youtube videos of guys hand digging their basements. Cool to see that progress.

>>55194847
Come up with your own design and get some engineers unofficial opinion on it. Then run it through a PE stamp mill, they exist.

>>55194880
I'm letting my cousin move in for a while, because my multimillionaire aunt and uncle are selling their house on land their parents gave to them for free, helped them build, and supplied most of the construction materials. If all goes well, America will die off in the coming years, and I'll be cheering it on the whole way.
>>55195108
This is why housing is a ponzi and regulations are the biggest scam ever. 5 bros with midwit IQs can do ample research, get together, and help each other build quality houses which would each take a few months. The system is designed to have you navigate through multiple gatekeepers who each take their cut for doing nothing valuable, forced into exorbitant taxes, and expensive approvals for land permits. These types of "jobs" are the ones you hear about when the fed lies about job creation rates btw

>>55194847
Building another floor on top is much cheaper than digging down you seriously considering plebbitor

>>55195354
I am a basement dweller. It gets hot here. I am a mole person. Open dirt walls would make me happy. I can dig in my own privacy in the middle of the night whenever I want on my own time schedule. Even if it took years.

>>55195354
Also a top floor would more likely be liveable space and double my taxes. Unfinished basement would not really add much to my taxes.

>>55194520
Holy shit that looks bleak, are those actual houses? They look like CIA safehouses or dummies for nuclear weapons tests. Don't tell me people pay 6 digits for those things?

>>55194630
>People willingly sign up for this way of life

>>55195687
my favorite part is how there isn't a front door.
>OOHHHH SSSAAAAYYYY CCCCAANNNNN YYYOOOOOUUUUU SSSSSEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

You telling me these are really homes? Not just detached garages for storage? Lol lmao

>>55196272
It really is quite bizarre
https://www.google.com/maps/@44.1641714,-93.874982,3a,90y,124.37h,86.35t/data=!3m6!1e1!3m4!1sf4PqgJPrdRbkrfjWZ6JoaQ!2e0!7i16384!8i8192?entry=ttu

>>55194520
Boomer sheds

>>55196306
>no visible mailboxes
>no visible sidewalks
>literally have to drive to the mailbox, wherever it is
truly a shartopolis

>>55194558
kek

>>55195720
>>55196306
>>55196272
Yeah I'm genuinely baffled by this. I do understand the appeal of some suburban housing but this is just beyond any reasonable comprehension.

Who approved this design? What was the goal? The houses aren't even that cheap, so it wasn't for affordabilty... Was the goal to encourage leaving your car on in the garage and carbon monoxide poison the whole house?

>>55196325
no streetlights either

>>55196339
>neighbor mows 20x20' patch of grass
>sound of lawnmower echoes through the entire shart development

>>55194749
This. Something being expensive means it can't be sold. That's why I bought btc at $69k knowing that it was an expensive price. People who buy expensive won't ever sell for cheap

I didn't look at the price, but I'm assuming btc is $200k+ by now because nobody sells expensive things.

is this AI generated

>>55196387
You need a house to live in. You sell, then you either have to buy back into the housing market at 2-3x higher monthly payment or you rentcuck.

There is no intrinsic need for bitcoins.

>>55196635
Everything which hyper inflated is something people need. Food, shelter, land, energy, etc.. and applies to the same argument you're making. Most people who bought post 2020 used high levels of leverage and are up to their eyeballs in debt/salary ratio. The tragic thing is that if and when rates aggressively hike even more, (if inflation is something they actually want to defeat) these people won't have a choice but to foreclose and move back in with parents, friends, or even go homeless. You're literally making the George Bush "everybody deserves a home" meme argument.

Or.... they can continuously just print and QE into our already intergalactic levels of debt, even though wages have hardly budged since 2008, pushing us all over the cliff into Weimar republic mode. The fed needs to kill real estate or they need to kill the dollar. Both of these can't survive, and the dollar is already on life support after 13 years of QE

>>55196788
I don't know where you're from but in America virtually everyone has fixed mortgages. Rates increasing won't change a thing. In fact inflation is good if you have high debt because your wages rise while your monthly payments stay the same.

>>55194520
kek schlomo must be having the time of his life

>>55196847
>The racial makeup of the city was 95.5% White, 1.4% African American, 0.3% Native American, 0.8% Asian, 0.6% from other races, and 1.5% from two or more races. Hispanic or Latino of any race were 2.8% of the population.
kek they send whitey to live in these cucksheds because they'll do whatever it takes to live away from niggers, even if it means living devoid of any form of infrastructure

>>55196815
>In fact inflation is good if you have high debt
Are you Jewish? This just causes retards to load up on more debt

RyanHomes are the 21st century Levittowns, absolutely dreadful and even moreso for the asking price.

https://www.reallygoodrentals.com/cedar-point/

Guys rent is only $1400, I'm starting to change my mind

>>55194630
I like it because you never have to talk to your neighbors. Drive into you garage, close garage door, exit vehicle.

>>55196325
>literally have to drive to the mailbox, wherever it is
found it

I get the feeling Mankato is mostly people who don't want to pay to live in the suburbs of Minneapolis/St.Paul

>>55194785
Don't forget, we're not in a housing bubble chud :^)

>>55194542
>You know who is moving in.
who, basketball americans?

>>55194520
Every year that you rent, you spend probably $24,000 on rent.
So if you live in a house for 3 years, and the price depreciates by $72,000, you basically break even.
It's better to buy a home and pay it off early (but only if you invest too) than it is to rent.
The only benefit to renting is when you're early in your career, and you need to move for new job opportunities.

>>55197256
The town was 95% white in 2010

>>55197279
You're missing so many things, like property taxes, maintenance, real estate commissions and other fees and taxes associated with buying and selling property.
Buying and selling again after three years is almost always worse than renting unless you sold the absolute top of a bubble.

>>55196994
Sometimes that's what it takes, personally I'd prefer other locations devoid of infrastructure but hey, gotta do what ya gotta do.

>>55196339
>Was the goal to encourage leaving your car on in the garage and carbon monoxide poison the whole house?
kek

>>55196815
>Rates increasing won't change a thing
You fucking think it's about mortgage rates? Jfc this is the stupidest fucking board. When rates go up what matters is corporate finance. You know, since debt is unilaterally cheaper than equity corporations like the ones 99+% of Americans work for can no longer fund their productivity projects. Which means layoffs since every single corporation is leveraged to the tits.

Your low monthly payment won't mean shit when you don't have a job. Which means everyone will either foreclose or shortsale for negative equity.

Thank God Biden keeps lying on the jobs reports so that JPOW can keep hiking rates due to thinking the economic output is higher than it actually is. I can't wait for these retards to be jobless.

>>55194630
I think I live about a year there before blowing my brains out

>>55197881
>high paying
>public sector
>unionized
I might buy up some cheap foreclosed wagie homes though

>>55196306
>No numbers on the houses

How do you even know which one is yours?

What do the insides look like? I bet the flooring is faux wood painted in "NPC grey" color.

>>55194697
I live in a majority mormon community. No basketball courts. Tennis and pickleball which they all love

>>55197176

Midwest thinks it's California now.

>>55197881
Just don't lose your job bro. Like nigger just have a 6 month emergency fund just walk away from the credit card

>>55194749
Do you even hear yourself copecuck?

>>55198459
Look closer, there are numbers.
This is the inside:
https://youtu.be/wLaqeC1ghr0

>>55198711
Thanks, I hate it.

reddit thread

>>55198711
holy fucking cringe this is embarassingly bad, one of those american engineering wonder homes where you can punch a hole through the walls.
Also looks like it was built right in the heart of tornado county

>>55198818
The toilets look quaint as well, in Europe they stopped installing those about 20 years ago.

>>55194520
are those houses designed to make the occupants kill themselves? that's what it looks like.

>>55198912
Damn I didn't know it had gotten that bad in europe. Do you return to street gutters or something?

>>55198927
this is where the vaxxed are allowed to live and meditate on their negative carbon footprint just before they're euthanized

>>55198942
Nah just feels weird seeing those granny toilets in a new house. At least it's not green or pink or carpeted.

>>55199062
>Soulless
Picrel soul

>>55199089
Built for BAA

>>55199131
You don't know what you're missing out on. These old puppies could hold anyones worst.

>>55194520
Somehow I read this as, "Anyone buying a house shitcoin?"
Not that I would know. All I know is that scuffed realtor is my favorite thing ever.

>>55194606
4 boys slept in one room. My dad and my uncles. My aunt got her own room.
Kids don't think its weird to sleep in the same bed.

>>55194520
The fact that everyone is hoping for a crash means there won't be one

I do believe there will be a correction but most people will still be priced out

>>55196788
They need to kill real estate speculation, which they won't do.
They won't ever take away a corporation's ability to buy family homes. They won't stop people who aren't even citizens from buying homes. And whatever institutions and laws apply to keep politicians in beach houses, those won't go away either. The family will be kicked out of their home, Blackrock will buy it and it will be called a heroic rescue of homes in America.

>>55197176
The feng shui of those floor plans is totally fucked.
Not to mention you have to walk upstairs or downstairs to either sit at the dining table or sit in the living room. Holy shit.

>>55197176
Also
>1 1/2 bath
>the full bath has dual entries
>no master bath
I want to die.

>>55198711
I like how they keep panning to the back yard...

Railroad tracks so the trains keep me up at night? CHECK
Stagnant ponds for mosquitos to breed in all summer long? CHECK
Farm to smell like manure during the spring planting season? CHECK

>>55199062
Looks like the angled Amazon wagie toilets

>>55194520
I hate that so many of these fucking things are going up in my area. Military barracks look nicer.
Or what about just doing row houses with alleys in the back for garage access and nice quiet yards with trees in front instead?

>>55201062
Holy shit there isn't even a door to the backyard. What the fuck is this design...

>>55194520
>prices are going to crash
they're not gonna crash. unless you live 60 miles away from the nearest city then those houses are going keep pumping.

>>55194520
Forget about being at the mercy of those damn land owners. It's all about owning your own crib these days. That's why I'm eyeing projects like MniCorp and Rioli. They're like the decentralized lending wizards, hooking up real-world projects with mad liquidity. And the best part? As an investor, you can earn some sick interest rates on your land-collateralized investments

>>55194520
It's literally a cuck shed but they were too lazy to design the bottom floor and made a garage. WTF.

>>55199652
Blackrock flexing their muscles in the land game. They're all about tokenized real-world assets, making it rain for everyone to own a piece of the land pie. And guess what, MNIcorp is spicing things up even more with their NFE offering. It's like a freakin' treasure hunt, man. You gotta DYOR and see how this badassery works.