How can I make 700k for a condo?

[Anonymous No.27834386]

Places are so fucking expensive where I live. I have no idea how people afford places. Any ideas of how I can make some good extra income?

[Anonymous No.27834541]

>>27834386
Just rent if your market is that expensive, unironically the better financial decision. Get roommates if you find ones you can tolerate

[Anonymous No.27834612]

>>27834386
Suck 700k worth of dicks

[Anonymous No.27834872]

>>27834541
Why do you say it’s the better financial decision? I’m currently renting, it would be nice to be putting all that money into an “investment”

[Anonymous No.27835214]

Why the FUCK would anybody buy boomer real estate in 2021 when we are transitioning to a digital economy, real estate only exists so you can get taxed into oblivion to fund ZOG

[Anonymous No.27835522]

>>27835214
Because mortgage payments can be cheaper than rent?

[Anonymous No.27835806]

>>27835214
nigga are you going to float in the air all day? do you have a boat to live on in international waters? everyone occupies space my man

[Anonymous No.27835954]

>>27835522
i would wager that they end up being about the same if you factor in property tax and maintenance

[Anonymous No.27836140]

How about moving to someplace that has sane housing prices? It's worth taking a 10 percent cut in salary to buy a house that is 80 percent cheaper

[Anonymous No.27836175]

>>27835954
True but you can hopefully sell more than you bought for. Obviously not a guarantee.

[Anonymous No.27836232]

>>27834386
Why don’t you move, dipshit?

[Anonymous No.27836240]

>>27834386
>

[Anonymous No.27836341]

get a pickup truck and a nice trailer to haul, park it at forest areas and walmart parking lots , or random streets where you can pay a homeowner some cash to use their wifi and laundry

[Anonymous No.27836417]

>>27834386
Have you considered moving somewhere else?

>the literal problem with millennials

[Anonymous No.27836488]

>>27834386

Buy $CLF

$CLF
02/04/2021
>"New orders for manufactured goods in December, up eight consecutive months, increased $5.2 billion or 1.1 percent to $493.5 billion, the U.S. Census Bureau reported today."

https://www.census.gov/manufacturing/m3/prel/pdf/s-i-o.pdf

---------


$CLF
02/04/2021
>"US trade court dismisses challenge to Section 232 steel tariff"

https://agmetalminer.com/2021/02/04/this-morning-in-metals-us-trade-court-dismisses-challenge-to-section-232-steel-tariff/

[Anonymous No.27836543]

>>27834386
condos suck, so many mandatory fees

[Anonymous No.27836657]

>>27836240
Jealous?

[Anonymous No.27836696]

>>27834386
get a girlfriend and convince her to start an onlyfans. Congrats you are now a digital pimp.

[Anonymous No.27837107]

>>27834386
I was born in London and will never understand cityniggers who think those slums apartments are ever a good investment.

[Anonymous No.27837248]

>>27836488
Will look into it

[Anonymous No.27838408]

>>27834541
It could be a really good investment tho, with leverage you could easily get 20-30% annual returns by owning a home if it's in a good area. And even if the price goes down it doesn't matter that much if you'll live there for possibly the rest of your life

[Anonymous No.27838485]

>>27836543
Friend of mine bought an partially owned council(local government)-apartment in London.
One floor has private lease holders, the other floor council renters.
He does not own the roof/land, just the 4 internal walls. Council owns external walls, roof, land and entryways.

>Roof above his apartment springs leak.
>Brand new TV ruined
>Council say they will send someone out (no date mentioned)
>London, so its raining like a tropical monsoon for the next 2 weeks
>Mould growing in his living room
>Threatens the council with legal action along with 15 other private tenants
>Man in a council van appears to throw a tarp over the roof
>Friend can't sleep at night due to the loud tarp, buying melanin and earplugs
>Month passes
>Invoice for new roof appears £265,000.
>Council pays half of that, the rest shared by the 15 private tenants.
>Has to find the money before works start
>Takes loan to pay council 10k
>Another invoice, £12k from each private tenant to install security doors

[Anonymous No.27838725]

>>27834386
>Look for what is the minimum downpayment, depending on your income it could be from 5% to 30%.
>Let's say you have a good income and the minimum downpayment is 70k.
>Invest every month in to a boomer etf/stocks until you have 70k.
>Go to bank and buy the house with as long of a loan term you can get and likely fixed rate (there will probably be inflation at some point so the longer the term the more profitable it is).
>Ideally have a qt girlfriend to split the mortgage payments
Ez

[Anonymous No.27838812]

>Places are so fucking expensive where I live

Live somewhere else.

[Anonymous No.27838860]

Your issue is that you want a condo and want to pay 700k for it.

[Anonymous No.27838974]

>>27834872
Consider that this "investment" would be putting more than 100% of your net worth into ONE asset. Comparable to buying700K worth of GME on margin @ 3% interest. Would you do that?

At the same time you'd be buying the all time top OF ALL TIME. If you bought in 91 in Japan, your investment would be losing value for 20 years and still not break even by today.

[Anonymous No.27839129]

>>27834386
Imagine spending 700k on a place to sleep shit and eat instead of renting with 1k< and investing the 699k. Retard.

[Anonymous No.27839277]

>>27837107
That looks like it needs a lot of renovations which will end up double the price when all said and done.

Still cheaper than a 2br/2ba house in california.

[Anonymous No.27839327]

>>27835954
>i would wager that they end up being about the same if you factor in property tax and maintenance
Yes, but after 15 years you now have something you can sell for a lump sum of about half of what you paid vs. you get nothing if you rented.

Plus whatever debt you go into to today to buy your house will just deflate away to nothing as the fed continues to print money over the next years.

[Anonymous No.27839462]

>>>condo

Holy fucking shit you are a retard. Get out of the fucking city. For 700k you can get a mcmansion somewhere in 98% of the country

Lmao.

[Anonymous No.27839520]

>>27838974

With a home loan he'd be able to diversify

[Anonymous No.27840094]

>>27839462
>wanting a mcmansion
>implicitly recommending a mcmansion

uhhh shaggy daggy...

[Anonymous No.27840174]

>>27839462
Maybe I don’t want to live in the country. I could live in a McMansion somewhere now in the middle of no where

[Anonymous No.27840217]

you dumbasses that take out mortgages to live above your means are going to get wrecked. the housing prices are obviously going to go down from here and your 20 percent down will be erased upon the upcoming housing crash. you are renting from the banks retards without the luxury of having someone fix your shit when it breaks for free. get wrecked.

[Anonymous No.27840271]

>>27839129
If I had 700k I’d do that lol

[Anonymous No.27840296]

>>27834386
>"Buying" living space without owning the land
ngmi

[Anonymous No.27840454]

>>27835806
> He doesn't live a nomadic van lifestyle

[Anonymous No.27840508]

>>27839327
>but after 15 years you now have something you can sell

boomer tier NPC babble, Id rather invest in performing assets not cardboard boxes in dead cities thanks to the RONA

[Anonymous No.27840650]

>>27840454
I want to get into the nomadic life. Any van recomendations anon?