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/biz/ - Business & Finance


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24944886 No.24944886 [Reply] [Original]

After taxes and rent 40kish..and they expect us to buy 500k houses? WTF is this fucking scam.

>> No.24944903
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24944903

>>24944886
i dont get it either. and by the way. it's less than 60k a a year and taxes are more than 20k a year

>> No.24944918
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24944918

>>24944886
It's all an elaborate ruse. Why does everyone you speak to know about this bullshit yet it still exists? That's the real question.

>> No.24944962

>>24944903
My bad taxes should alot for -15k and 15k for rent 60k - 30k = 30k. I hope they real estate crashes to the ground and all the over leverged cucks get their asshole blown aprart.

>> No.24944982

look at it this way: you make 40k per year, and want a 500k house. you can buy that house in 13 years, but could you build a 500k house in 13 years? probably not. its fair market value.

>> No.24944997

America is a sinking ship. Just wait.

>> No.24945008

>>24944997
yes it is. but i don't want to wait. what do i do?

>> No.24945048

>>24944982
I don't really expect to buy a 500k house; however, all the houses near me are went from 200k -> 500k within the last 5 years. This is some next lvl bullshit.

>> No.24945155
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24945155

Wherein anon finally discovers (((the grand ruse))). Just wait until you find out how much interest you're going to have to pay on that 500k mortgage and that any equity earned is basically going to be offset by your ever-increasing property taxes. But hey, don't worry, at least your tax money is going to good use.....*drives car into 5ft deep pothole in nigger-infested city*

>> No.24945449

average house is like 200k

>> No.24945511

>>24945449
No it's more like 300k