/biz/ - Business & Finance

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Anonymous Wed Mar 27 21:25:16 2019 No.13139741 [Reply] [Original]

Daily reminder that there is no housing bubble.
Daily reminder that it's still possible to buy a functional, modest house for less than the price of a new car.

>>	Anonymous Wed Mar 27 21:50:05 2019 No.13139904 >Johnston PA Old people's town No jobs Old person's house they died in Expensive as fuck to heat and cool, inefficient No social scene Johnstown

>>	Anonymous Wed Mar 27 22:15:14 2019 No.13140102 Is this where Jim Jones is from?

Anonymous Wed Mar 27 22:19:48 2019 No.13140132

>be Johnstown
>get completely destroyed by a great flood in the 19th century
>have a self-sufficient town dedicated to preventing it from ever happening again even though its at the bottom of a damned bowl
>rally the government and build up incredible barriers that have kept Johnstown from flooding since and in fact made it more flood-proof than most other cities in PA at higher elevations
>local economy tanks
>community dies
I've never been there but I know a few people from there and I've never heard good things
But yeah, very cheap.

>>	Anonymous Wed Mar 27 22:25:58 2019 No.13140185 >>13140132 How did that tank the economy?

>>	Anonymous Wed Mar 27 22:27:32 2019 No.13140198 >>13140185 the economy tanked for unrelated reasons following WW2 my mistake. i see the way that's worded now..

>>	Anonymous Wed Mar 27 22:37:08 2019 No.13140273 >>13139904 Sounds like heaven to be honest. If niggers and spics don't need a job why would I need one?

>>	Anonymous Wed Mar 27 22:49:54 2019 No.13140374 >>13139904 >Old person's house they died in You optimists INFURIATE me. No one is going to give you a house for cheap just because someone died in it. The price will stay up.

>>	Anonymous Wed Mar 27 23:07:36 2019 No.13140495 it will take hundreds of thousands of dollars to modernize this house and make it livable then you will have yourself an ugly house in a terrible place congrats

>>	Anonymous Wed Mar 27 23:10:24 2019 No.13140512 >>13140495 >”modernize” this house Disgusting.

>>	Anonymous Wed Mar 27 23:23:47 2019 No.13140596 >>13139741 Literally where?

>>	Anonymous Wed Mar 27 23:25:48 2019 No.13140611 >>13139741 There is a bubble in cars and housing. Only boomers could not understand that prices can’t rise faster than wages for long periods of time

Anonymous Wed Mar 27 23:27:02 2019 No.13140623
File: 47 KB, 1024x618, housing-prices.png [View same] [iqdb] [saucenao] [google]

>>13139741
Housing prices are at an all-time high, even adjusted for inflation.
Clearly there is a bubble.
And most of these houses are shitshacks made of wood or OSB and clad in tyvek cardboard.
You wouldn't be able to sell that house to a German for $3k, let alone $30k.

>>	Anonymous Wed Mar 27 23:27:09 2019 No.13140624 >>13140374 lmao you can definitely get a deal if someone recently died or was murdered in a house and if you don't use that as a way to get a deal, well... have fun over paying for a house you were gonna over pay for anyway

Anonymous Wed Mar 27 23:30:49 2019 No.13140650

>>13140624
Retard shit
Think of it simply from a negotiating outlook;
The only reason it would get you a deal is if it's really a factor in the majority of the market's buying choice
It's not some magic string of words that compels the seller to knock a little off the pricetag
They're gonna sell to the highest bidder regardless

Anonymous Wed Mar 27 23:35:01 2019 No.13140675

>>13140623
Not only that, the quality of American housing is actually deteriorating:
>https://www.securitysales.com/news/ul_test_reveals_new_homes_burn_800_faster_than_old_homes/
>The department recently learned that most new homes are being built out of oriented strand board (OSB), which is made of wood pieces that are compressed together and then glued. These boards are being used as support beams.
>An Underwriters Laboratories (UL) test revealed that OSB beams burn 800 percent faster than solid beams, which were used to build older homes, News4Jax reports.
People buying these tinderbox OSB shitshacks thinking they're a great investment are delusional.

Anonymous Wed Mar 27 23:45:31 2019 No.13140735

>>13140650
maybe in hot coastal markets around job centers, but not in the majority of the country. can tell you are clueless. when I was house hunting the agent was forced by law to inform you of a death/suicide inside the home and those homes were always cheaper than comparable homes in the neighborhood.

>>	Anonymous Thu Mar 28 00:09:00 2019 No.13140933 >>13140611 >an asset with finite supply >that everyone needs >the population grows >prices can't rise faster than wages Hmmm...

>>	Anonymous Thu Mar 28 00:23:18 2019 No.13141027 >>13140650 it is a factor, retard shit. nobody wants to live in a house someone was murdered in

>>	Anonymous Thu Mar 28 00:58:11 2019 No.13141253 > by law to inform you of a death/suicide inside the home and those homes were always cheaper than comparable homes in the neighborhood why?

>>	Anonymous Thu Mar 28 02:28:38 2019 No.13141736 >>13141027 >Murdered = died Even besides that, in Europe they don't give a fuck because their houses are not made of plywood and are hundreds of years old

>>	Anonymous Thu Mar 28 02:29:43 2019 No.13141742 >>13141253 Hauntings

>>	Anonymous Thu Mar 28 02:30:53 2019 No.13141747 >>13140102 Nah jim Jones is from Harlem like all the other members of dipset

>>	Anonymous Thu Mar 28 02:48:07 2019 No.13141815 >>13139741 Lol wtf this must be a woodframe shack you wouldnt be able to find a block home this cheap

>>	Anonymous Thu Mar 28 03:39:32 2019 No.13142001 File: 31 KB, 640x391, 59535AB6-03C0-4BB8-AB6D-1F657B6B1FB5.jpg [View same] [iqdb] [saucenao] [google] >>13139741 Everything is perfectly normal. No problems here.

>>	Anonymous Thu Mar 28 04:18:45 2019 No.13142134 >>13139741 As a niger I would be shot within a month of moving in the house.

>>	Anonymous Thu Mar 28 05:46:44 2019 No.13142450 >>13141747 HAAHHAHAHAHAAAH

>>	Anonymous Thu Mar 28 06:05:54 2019 No.13142532 >>13139904 Sorry that you're too stupid to make a living anywhere outside of a nigger center

>>	Anonymous Thu Mar 28 06:07:05 2019 No.13142540 >>13139741 >2nd floor has 3 BR's Why would I buy a house full of Brazilian chimps HUEHUEing all day?

>>	Anonymous Thu Mar 28 06:08:26 2019 No.13142547 >>13140675 >>13141736 They went from legit timber to plywood to a fucking glue with woodchips. I would fell like monster if I even built a dogshed from osb. Rot in 5 years, literally sniffing glue, formaldehyde and godknows what else. Sad.

>>	Anonymous Thu Mar 28 08:05:16 2019 No.13143103 File: 40 KB, 552x423, 5e08a331c69176b.jpg [View same] [iqdb] [saucenao] [google] >>13140512 >I want to live in a dilapidated crackhouse with structural issues!

Anonymous Thu Mar 28 08:13:35 2019 No.13143155

>>13142547
>They went from legit timber to plywood to a fucking glue with woodchips.
>I would fell like monster if I even built a dogshed from osb.
The companies that sell OSB and the builders who use it know it burns 800% faster and that people will burn to death because it, but they evidently don't care.
Shekels speak louder than lives.

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