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/biz/ - Business & Finance

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File: 167 KB, 1263x843, nampa.jpg [View same] [iqdb] [saucenao] [google]
12476000 No.12476000 [Reply] [Original]

>The median home price in 1980 was $47,200
>POS in Detroit sell for that now
How long till the bottom falls out of the housing market?

Also Nampa ID is a shithole

>> No.12476031

>>12476000

kek. The median home price these days in Detroit is almost $200,000

>> No.12476039

>>12476031
I'm talking about ones in the city, like 8 mile houses.

>> No.12476051

>>12476039

That's the case in any city outside California and New York.

Detroit is general is an enormous shithole with no jobs and home prices are still absurd. It's out of control.

>> No.12476218
File: 1.21 MB, 375x288, 48Lr7Ft.gif [View same] [iqdb] [saucenao] [google]
12476218

American real estate even surpassed Canada in bubble

>> No.12476262

>>12476000
lmao Nampa is kind of a shithole
Boise is not though.

>> No.12476278

houses in detroit are basically free if you'll spend 50k on each to make them habitable.
So the cycle can repeat, of course.

>> No.12476292

>>12476278
>invest 50k
>niggers burn it down

>> No.12476299

https://www.zillow.com/homedetails/1700-E-Warm-Springs-Ave-Boise-ID-83712/2090084041_zpid/?fullpage=true

This shits for sale in my neighborhood
Accepting BTC for it

>> No.12476308

>>12476000

Prices will never go down. Good goys will keep overleveraging themselves borrowing more and more just so they can afford a tiny shack. If a house pumps from 200k to 400k then the gentiles will gladly take out an even bigger loan than they would before. Banks will just prolong the length of the average mortgage to 60+ years and pass laws making debt multi generational in order to create perpetual debt slaves. This will cause demand to never fall.

>> No.12476316

>>12476278

>spend 50k
>replace windows and looted property every month
>eventually have to install bars on windows
>can't sell it when you've had enough and want to move

>> No.12476341

>>12476299
North enders are not on 4 chins

Larp.

>> No.12476359

>>12476341
Ok then don't believe me
But regardless theres a 2.5M Castle for sale that is accepting BITCOIN for payment
That should tell you something.

>> No.12476360
File: 412 KB, 1024x768, ISuw0ffbxpycrb1000000000.jpg [View same] [iqdb] [saucenao] [google]
12476360

>>12476299
it looks tacky as fuck but also looks like it would be fun to live there

>> No.12476369

>>12476360
Oh its super fucking tacky
But kind of amazing
Also fun fact I learned while walking by it , Aaron Paul from breaking bad owns a home next door

>> No.12476371

>>12476369
How bad is property tax in Idaho?

>> No.12476392

>>12476218
>me no speak the good English

>> No.12476395

Worked in Downtown Detroit for a month in December... Didn't get robbed. Billionaire bought up whole downtown and everything is being built back up. Microsoft office right in the center... New 1 Billion dollar building, that will be taller than sears tower being built as we speak.

>> No.12476408

>>12476395
>billionaire
yeah a Chinese billionaire. I imagine most of the people here are too young to remember the Japanese buying spree of the 80s. You should dyor on how that worked out for them.

>> No.12476418

>>12476371
Not bad.
Idaho might be the best state in country.
Just need better weed laws.
Its extremely white, safe, beautiful, and very reasonably priced.
Boise is the only place worth living unless you want to live in the mountains

>> No.12476422

>>12476371
like 1 - 1.5% of property value

>> No.12476445
File: 232 KB, 1024x640, ISeko09ypunnlb0000000000.jpg [View same] [iqdb] [saucenao] [google]
12476445

>>12476360
This is probably better IMO
https://www.zillow.com/homes/for_sale/82790848_zpid/3000000-_price/11874-_mp/globalrelevanceex_sort/44.32876,-115.187531,43.029749,-117.549592_rect/8_zm/

>> No.12476492

>>12476445
Can you buy it with BTC though?
Nope

>> No.12476537

>>12476445

This looks comfier

https://www.zillow.com/homes/for_sale/103901587_zpid/3000000-_price/11876-_mp/globalrelevanceex_sort/49.344809,-111.453552,46.310893,-117.358704_rect/7_zm/

>> No.12476552

>>12476537
lmao sandpoint
make sure to go to the weekly klan meetings

>> No.12476608

>>12476308
Unless the 20,000 billion gov’t debt is no longer trusted and the federal government itself defaults or cannot get people/countries to pay for t-bills. Which seems like an inevitability at this point

>> No.12476684

>>12476445
no thanks, I'm buying a cuckshed in Seattle instead

>> No.12476694

>>12476000
a candy bar used to be a nickel. what kind of a brainlet retard are you?