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/biz/ - Business & Finance

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55968555 No.55968555 [Reply] [Original]

how is this sustainable

>> No.55968561

>>55968555
>You cant buy a home with only a years salary

ehhh, yeah?

>> No.55968562

>>55968555
Checked. Imagine being 25 in 1984 and just buying a fucking house and never having to worry about that shit again as it just multiplied in value underneath you.
Is there a historical precedent for a generation like the boomers, just absolutely skullfucking everyone that came after them, including their own kids?

>> No.55968566
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55968566

>>55968555
>own nothing

>> No.55968570

>>55968562
no. it is accepted as a fact now that this will be the first generation in all of recorded history to leave the next generation worse off.

>> No.55968580

>>55968561
it shows that, if you dedicated 30% of your income to paying off your mortgage, in 1984 it would take about 5 years, whereas now its more like 19-20 years.

>> No.55968581

What's this obsession with owning a house? Just rent.

>> No.55968586

USians blow my mind with being so bitchy while literally being the cheapest real country
https://www.numbeo.com/property-investment/rankings_by_country.jsp

>> No.55968615

>>55968581
>jew has entered the thread

>> No.55968617

>>55968586
Check the cost of living rankings and you'll understand. Everything in America is expensive as fuck in ways that euros would never understand, healthcare and childcare here cost an entire euro salary for one kid

>> No.55968622

It's not sustainable. When the second depression or whatever they call it happens graphs like this will be shown in documentaries 5 years after the crash. Guys at work, especially the pajeets think families will just buy thier shitbox for 5 million. The dollar is dead.

>> No.55968626

>>55968555
Demand is being constantly increased in the form of third-world immigrants so yes, it is sustainable as long as they keep pumping your country full of them.

>> No.55968630

>>55968626
what happens when the third world money runs out?

>> No.55968631

>>55968561
Is that really what all you extract from that graph?

>> No.55968632

>>55968581
You’re supposed to be over 18 to post here.

>> No.55968670

>>55968617
>healthcare and childcare here cost an entire euro salary for one kid
In Europe they don't pay for circumcision so they save money there. You know you don't have to buy one right?

>> No.55969980
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55969980

>>55968581
Why pay an obese dude who's maximum effort in the day is to come to my house to steal money from me when I can just be the fat fuck?
I just need a little more time with x.com and I will fulfill my dream