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/biz/ - Business & Finance


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File: 1.76 MB, 1246x962, house.png [View same] [iqdb] [saucenao] [google]
30419545 No.30419545 [Reply] [Original]

When is '08 gonna repeat?
It feels insane that houses tripled in value over the course of a decade.

>> No.30419619

>>30419545
>he thinks affordable housing is a fact of life
we're moving toward the european model of housing which follows the 80/20 rule. only the top 20% of earners will be able to afford housing. everyone else will be a perpetual rentcuck, like in europe. literally born a rentcuck and die a rentcuck.

>> No.30419702

>>30419545
08? Never.
1929? 10 years max

>> No.30419764

>>30419545
This house would cost over £1m in England,

>> No.30419797

>>30419545
2017 helped me escape rentcucking. Never ever.

>> No.30419847

>>30419619
>>30419764
Sorry, I don't live in an Orwellian country of eternal debt.

>> No.30419993

> When is '08 gonna repeat?
Probably not for a long time. '08 was unique in that it was directly tied to the housing market through subprime loans/mortgage-backed securities/etc. A generic recession doesn't guarantee a dip in housing prices.
> It feels insane that houses tripled in value over the course of a decade.
I'm not sure that's true in the general case. At least in the DC suburbs prices didn't return to 2007 highs until 2018/2019.

>> No.30420018

>>30419545
europoor here. I can attest to being a rent cuck taking up more than half my wagies. I wanna make it in crypto and move to a cheap southeast asian country and live by a small wooden house by the beach.

>> No.30420025

>>30419545
>repeat
We are still in it. Interest rates never went back where they were in 2006-07. The economy is still on steroids. I have a hunch this crash will be even worse than 08.

>> No.30420083

>>30419545
Never. Real estate is the ultimate gold/btc. It will never lose value again, only gain more. The US market is mostly based on debt. This does not go for all countries. In the US prices could drop a little again now and there. But even there, only go up in the long run.
When you made it with crypto, you invest in real estate, land, apartments, houses. Rent out, and live without worries till the end of your days.
Simple as that.

>> No.30420098

Depending on where a house like this would be in Australia, it could be 150k living in a bush to 3-4 million in a city.

Shits fucked

>> No.30420178
File: 477 KB, 1485x868, buy low sell high.jpg [View same] [iqdb] [saucenao] [google]
30420178

>>30419545
>tripled in value over the course of a decade.
Try, doubled in value over the course of 9 months

>> No.30420190

>>30419545
There's only one option. Genocide. I'm not endorsing it, but in theory if we get rid of enough people the demand for housing will crash and prices will drop.

>> No.30420312

>>30420178
lmao that's some boomer hoping to scam someone rich out of a million

>> No.30420361

>>30420178
this, if you live in a state everyone is fleeing, your home value has probably gone up to 2008 levels or so. If you live in a desirable area it’s probably double that or more.

>> No.30420551

>>30420178
Every city has a Zillow listing or two like this among dozens that are more reasonable. Doesn't mean anything on its own

>> No.30420707
File: 1.20 MB, 1232x732, XA8VBgu[1].png [View same] [iqdb] [saucenao] [google]
30420707

>>30419545
>$300K
Get on my Northern VA globalhomo level and feel the pain.

>99% of houses sell within 1-4 days of listing, on average
>75%+ of new listings sold before they even do a single showing
>every listing gets multiple sight-unseen offers within the first 12 hours
>everyone's doing $50K+ earnest offers
>by my research, 90%+ of all sales in the past 9 months are to chink, arab, and indian foreign money
It's bad. Like, really really bad. We're about to stop looking and just rentcuck, because straight up every house we've scheduled a showing for has been sold by the time the day actually came to look at it.

>> No.30420791
File: 191 KB, 512x468, 1610950465264.png [View same] [iqdb] [saucenao] [google]
30420791

>>30419545
>Concord NC is 20% Black
You couldn't pay me to live there
Anything more that 1% is ruined

>> No.30420903
File: 508 KB, 1528x898, you whaat.jpg [View same] [iqdb] [saucenao] [google]
30420903

>>30420551
Here's one just down the street if you want to throw 3 quarters of a $mil at it.
(not joking, its in escrow, bidding wars pumped it up to $700k)

>> No.30420929

>>30420707
It's a terrible time to buy anon. I am in leafland but it's the same thing. I don't know that there will be a "crash" but this level of demand partnered with low interest rates and low inventory will end.

>> No.30421023

>>30420903
top kek
>living on a fault line with volcanoes for millions of dollars
people are too retarded in 2021

>> No.30421045

>>30420178
did you even look at the sqft? not the same house you moron

>> No.30421083

End?
Ennnd?
EEENNNND?
LOL There are 3 Billion Chink Pajeets

>> No.30421123

>>30419545
lol my bachelor pad i bought when 25 over a decade ago appraised for 650k

i have holes in the walls and ceilings i made a few years ago i don't give a shit to repair

>> No.30421155

>>30419847
>Sorry, I don't live in an Orwellian country of eternal debt.
most americans are more in debt than eurocucks tho

>> No.30421169
File: 729 KB, 1228x1025, pxurVed[1].png [View same] [iqdb] [saucenao] [google]
30421169

>>30420929
It's lose-lose, man.
You either do an unadvisable rush to buy some bullshit on the spot for $800K at 2.5% now OR you wait 3 or 4 years and pay $875K at 5% for the same thing, but at least you may have a week before it sells instead of 2 days

>> No.30421190
File: 351 KB, 1480x817, palolo mansion.jpg [View same] [iqdb] [saucenao] [google]
30421190

>>30420361
The funny thing is, "statistically" and according to the MSM narrative, Hawaii has net emigration year after year. Meanwhile, Obama and Taylor Swift and Matthew Maconohay
and friends are buying their 3rd or 4th mansion here. This place is turning into some kind of island escape for elites to get away from the violent societal collapse.
Why else would this go for +$1mil
>Live in Palolo Valley in a termite-eaten shack surrounded by meth heads and state-sponsored housing projects.

>> No.30421231
File: 1.93 MB, 460x259, 1614923880665.gif [View same] [iqdb] [saucenao] [google]
30421231

>>30419847
Why did you post an American house then?

>> No.30421248

>>30419619
Renting in germany is like $500/month to be around white people in a safe city though. Renting in America has convinced me you either own a house here or you're fucked

>> No.30421387

>>30421190
I can't imagine being anything less than a billionaire and wanting to live in Hawaii at all.
>Rains half the fucking year
>Mosquitoes like mad because, while mosquitos did not naturally live on Hawaii, sailors brought them to the island
>Meat's expensive
>Everyone's fat despite it being 6 months of summer vacation a year.

>> No.30421482

>>30421045
Brainlètte
It's price / sqft
1564 sqft
You can look thru the old listing to see the pics of the same house. The guy bought it for $565k, sprayed some paint over the old peeling paint and termite damage, and relisted it for $1.2m

>> No.30421502

>>30420178
This is likely by a house flipper. This house probably didn't look This good 2 years ago. They bought it and put in money and put it up in the market for a lot more

>> No.30421606

>>30419545
dunno, don't care. I pay 500 a month for a bed in a room I share. I live in idaho and this is as cheap as it gets here now
I'm going to die alone and leave my gains to the idaho land trust, nothing will change that. I just want others to suffer as well

>> No.30421634

>human population keeps growing
>immigration keeps growing
>rich keep getting richer and buying everything

houses aren't going to crash. the fact that we are even in this thread, and the fact we have had news articles basically begging for a crash for years is all proof it is not going to crash.

>> No.30421734

>>30419545
After the great war. I'm not even joking, either China as a single entity is eliminated for good or they will devour the world and turn it into a living nightmare for the rest of human history.

>> No.30421767

>>30420707
>by my research, 90%+ of all sales in the past 9 months are to chink, arab, and indian foreign money

Sauce on this?

>> No.30421781

>>30421190
Hawaii will always be overpriced because of rich people and how impractical it is to build there. Also native islanders and the asians there just live at home forever so there's no demand for normal housing kek

>> No.30421788

Kill yourself poorfag doomtard. Just die already

>> No.30421804

Bought my house for 260k in late 2017. Now valued at 360k. Small suburb of very small city. Feels insane.

>> No.30421849

>>30421387
Hawaii is actually one of the thinnest states because it's 40% asian and they don't eat mcdonald's 3 times a day

>> No.30421873

>>30419545
unironically never.

>> No.30421909

NC is getting a huge boost because of all the Northeasterners & Califags moving there. It's not a bubble

>> No.30421914

>>30421849
Oh right, it's the natives that are fat.

>> No.30421948

>>30421767
Loudon County and Fairfax county property assessment databases. It's all public shit.
I look at recent sales, then tediously look up each property manually in the county database via their terrible web apps. Without fail, 9 of 10 sales are to shit like R. MAJARLAHNMESH or QI XIANG LAOPING -- it's unreal. I have a hell of a time finding a single American-sounding name(s) on the sales

>> No.30421982
File: 811 KB, 167x199, wiggle.gif [View same] [iqdb] [saucenao] [google]
30421982

>>30419545
It's not the price of the house rising. It's the value of the dollar falling. Real estate is one of the first reflections of the effects of hyperinflation.

We're all fucked, but the people with valuable property are fucked slightly less.

>> No.30422215

>>30419545
Waiting on Biden to crash the economy with no survivors. If they needed to cheat Trump out, they could have at least installed someone who's not fucking senile with a retarded cabinet.
I'm waiting one year, then jumping in.

>> No.30422251

>>30420178
I’ve seen listings like this in my town in central California and they sell. One sold for double just like this

>> No.30422275
File: 1.10 MB, 1233x751, QRvNHor[1].png [View same] [iqdb] [saucenao] [google]
30422275

Also don't forget you will never be allowed to rent anything nice either.
See, these houses all the chinks are buying will maybe be rented out, BUT there will be a eurocuck-tier queue and you have to APPLY and win a bid war to be given the privilege of renting for $4K+/mo

I've been looking at what kind of shit is for rent as a contingency and I see nothing but shit like
>WE ARE LONGER ACCEPTING RENTAL APPLICATIONS. WE HAVE RECEIVED OVER 50 ALREADY! THANK YOU FOR YOUR INTEREST.

>> No.30422504

>>30421734
the jews already won this war

>> No.30422513

>>30421482
ok, guess you're right. it's just very difficult to believe in such bravity.

>> No.30422611

Where is all this demand for housing coming from anyways? Like how can anyone afford it?

>> No.30422709

buy a small piece of land in the country

in rural areas there are lots in towns that go for less than 10k

but ideally you buy something deep in the country I prefer the desert because you can get really big acreage and no requirement to build a house

>> No.30422791

the solution is don't buy the shit you consumer drone

be smart

>> No.30422796
File: 142 KB, 900x900, unnamed.jpg [View same] [iqdb] [saucenao] [google]
30422796

>>30419545
Just stack silver or guns. Silver if your a /biz/real or guns if your a /k/commando. So when the boot drops you can either pmfag your way into buying a boomer shitshack or just shoot them and take their house.

>> No.30422850

>>30422611
Immigrants + supply and demand.

>> No.30422897

>>30422796
implying boomers on country estates don't have guns and kids who have guns

no

the solution is to buy a plot of land somewhere that you might be asshurt about because you feel you are entitled something better

like buy land in nevada

it's extremely cheap, or arizona or new mexico

>> No.30422910

>>30422275
>Thinking pic related is a nice house
I hate you mutts with every inch of my body

>> No.30422950
File: 47 KB, 500x457, EHqTPYCWkAINUXs.jpg [View same] [iqdb] [saucenao] [google]
30422950

>>30422275
Black pills my bro.
Its so demoralizing. I used to live in Stuttgart Germany and I remember the "bid wars" for rent.
>Don't forget your 50 EUR non-refundable application fee (per applicant).
My building was full of 70+ year old perma-renters. At least they looked 70 - certainly given up on life.

>> No.30422992

>>30422897
>>30422709
>living in a desert
Yeah fuck that

>> No.30423051
File: 78 KB, 832x1024, EvQqBuPWQAQMddp.jpg [View same] [iqdb] [saucenao] [google]
30423051

Did anyone here buy the dip in 2009? Would've been such a sweet opportunity to buy. Really we should thank wall street for periodically crashing the global economy, helps us late arrivals get in on the ground floor

>> No.30423086

>>30422992
hey retard

being a no lander is worse

you're the one that's going to suffer if you don't

>> No.30423109

>>30422796
I'm not gonna kill my parents anon, they're already giving me their house when it's time. If you faggots would form actual loving connections you wouldn't have this problem.

>> No.30423123
File: 60 KB, 1024x1004, 1535230907942.jpg [View same] [iqdb] [saucenao] [google]
30423123

>>30419847
yes you do

>> No.30423138

>>30422611
Yeah, funny how everyone's supposed to be unemployed and the economy sucking right now, yet we're seeing what feels like the biggest housing boom in history?
I reckon it's a combination of the historically low mortgage interest rates and the moratorium in foreclosures -- there's just nothing stopping you from getting the hugest loan you can convince the banks to give you and getting a giant house you can't afford, because they literally won't be able to kick you out (for now).

The housing jews will have to let the market collapse eventually so that the banks can reclaim property, though. Mind you, prices wont go down at all AND the interest rates will double, but at least there'll be a flood of available properties. I hope. Personally I don't believe this administration will let it happen and will just do 3 more years of moratorium as the economy is lit more and more on fire.

>> No.30423265

>>30423051
Hopefully that money is locked and buried (preferably in silver/gold) so the banks don't just snatch it.

>> No.30423271

>>30422611
Someone is buying with unlimited funds to provide section 8 housing units.

>> No.30423455

>>30423051
Honestly feels great. Being 18 and looking back a couple of years when houses were cheap feels demoralizing when the area I live in has a minimum of 300k unless I wanna move 200 miles. I'm saving up for when it all comes down then gonna ride the entire thing out comfy

>> No.30423498

>>30423051
It's hard to finance in those sorts of conditions. I remember people picking up some foreclosed assets but they had to pay cash.
Don't expect to be able to get away with 10% down if the housing market tanks.

>> No.30423506
File: 1.44 MB, 1214x770, WPUKFit[1].png [View same] [iqdb] [saucenao] [google]
30423506

>>30422950
Yeah, I'm seeing numerous rentals with shit like pic related. I can't imagine how hellish it must be renting from jews like this, cause you just KNOW they're going to cause you continual trouble

>> No.30423534

>>30422850
Immigrants have enough money to make the cost of housing explode???


>>30423138
Kind of what i was thinking as well. And if so people are going to get btfo hard.

>> No.30423702

>>30423506
>No Sub-leasing
>Paystubs
>Good standing
>Tenant responsible
>Maintains
wow, fucking confederate ass virginians STILL be oppressing PoC in 2021. No family of color will ever get into this racist ass neighborhood

>> No.30423719
File: 323 KB, 427x662, 1615075849500.png [View same] [iqdb] [saucenao] [google]
30423719

Never. We're melting up. Go all-in oil before you're priced out of property forever

>> No.30423721

>>30423534
yes and they are also subsidized by the government

>> No.30423740

>>30423506
>tenant maintains the backyard
OOOOOOHHHHHHHHH RENTKEKKKKKKKKK

>> No.30423893
File: 59 KB, 480x588, a0ctfgr7iod31.jpg [View same] [iqdb] [saucenao] [google]
30423893

>>30423534
>Immigrants have enough money to make the cost of housing explode???
Not sure how it works in other countries but here real estate is either bought up by the state (for ludicrous prices) and "rented out" to refugees (the refugees obviously don't pay rent as they get their money from the state anyways) or the state directly pays the rent to real estate investors / boomers who overcharge by a ton.
So the tax payer pays for all this and in turns gets fucked even more by inflated rents / real estate prices.
What a marvelous world we live in.

>> No.30423948

>>30419545
Your picture isn't a good example of whatever dumbass viewpoint you are trying to push. It's a 5 bedroom house for 300k..
It was sold for 65k back in 2000 and is now on the market for 300k however it's currently assessed at 150k.
If you factor in the tax assessment of the house rather than the owner's asking price which is well over market price because some roasties realtors tricked them into doing so, the house has only gone up in 4.2% YoY, which just barely beats inflation. Further only a dumbass would pay that asking price, someone most likely will submit a bid that well under that which the owner will inevitably cave to and accept due to current market conditions

If you cannot afford a 300k house in this market, you should unironically rope. At 5% down, you only need 15k + fees to purchase this home. This is easily do-able by someone with a standard wage slave job paying around 40-45k

>> No.30424008

>>30422850
>>30423534
>>30423893
I can speak to globalhomo northern VA on that at least --- the answer is yes, chinks and pajeets are basically rich compared to us.
These XIAO QA PINCHANG or NAJESH RAHAMJASURALA person who just bought the $950K 3000 sq ft house down the road sight-unseen within 6 hours of it being listed was given an extra few hundred grand from their rich uncle AS WELL AS government aid to basically colonize the country --- especially the chinks.

They are coming up here on H1Bs to work for the big tech outfits like the Amazon datacenters, and defense contractors and subcontractors in the area and living anywhere from 5 to 15+ people per house. It's very common to see these mcmansions get their finished basement turned into like 5 more bedrooms on top of the 4-5 above-ground ones in places where the HOA doesn't explicitly forbid it.

>> No.30424041

>>30420178
That's Hawaii. Their housing market is euro-tier.

>> No.30424230

>>30424008
You're half correct. The reason why asians are able to afford homes is because of what you mentioned, but it's not because they individually have alot of money. Asians utilize the power of collective buying, in other words, they'll have their entire family work to pay off a home (and live in it forever) rather than follow the Eurocentric nuclear family model of having two bread winners work to purchase a home. They also do this for other things as well, such as business purchases, food, etc etc. It's easier and cheaper to purchase things wholesale than to pay individual unit prices. This is covered more in the e-book "Secrets of Oriental Wealth"
>in b4 "chink hands wrote this post"
I'm hispanic, we do the same thing...

>> No.30424285

>>30423948
>If you factor in the tax assessment of the house rather than the owner's asking price which is well over market price
are you literally an 85 IQ nigger?

>> No.30424405

>>30420178
People pay a million dollars to live like that?
I guess there are no black people around.

>> No.30424520

>>30421948
Its funny because that's all government money. Meaning foreign government money. All that muh capitalism and socialists are using government money to price the "capitalists" out.

>> No.30424538

>>30424285
Zoom out retard and look at the other houses in a 15-20 mile radius and see how much they are selling for. Only retards pay list price for anything. If you understood the methodology negotiation you would know that the owners asking price means absolutely nothing. The house isn't worth 300k in this market. The house according to the government is worth 150k. The owner is trying to get double that because they are probably broke due to COVID conditions. No one is going to pay 300k for a 5bd room in that area. The owner will most likely end up accepting an offer around 225k. OPs premise is that the house tripled in value when in fact it hasn't. The owner and the roastie representing them are just being greedy.

You have to be 18+ to post here

>> No.30424617

>>30422611
Investors

>> No.30424689
File: 1.57 MB, 1227x1077, K7rPD8Y[1].png [View same] [iqdb] [saucenao] [google]
30424689

>>30424230
>I'm hispanic, we do the same thing...
that's precisely why I won't move to Manassass, VA or any of the more affordable areas up there. I'd rather suffer with chink and indians buying up properties faster than GPUs atm than live in nig/beaner neighborhoods.
The houses may """""only"""" be low 700's, but it means living in a sub-30% white area, with lots of fast food, shit townhomes, and other markers of low-income ghetto shit within a half mile of the house.

Pic unrelated to that specific point, but more Northern VA kikedom on a new construction where the houses will be packed in 10ft from one another.

>> No.30424750

I just bought property to 3D print a home on later. I’m not falling for the buying a piece of wood for a million dollars meme.

>> No.30424770

>>30424538
you must have debilitating autism to believe any of what you wrote. or you're under 18. no one else can be this retarded. go ahead, try to argue price when they likely received multiple offers (at or above asking price) the day they listed it.

>> No.30424806

>>30419545
>e
Kek burgers

>> No.30424839

>>30419545
>this thread
>again
Stop posting this shit every day

>> No.30425018

House should be illegal as an investment. You should only be able to own 2 houses in the United States. One apartment building up to 100 tenants, before a trust of people have to manage it.

One person shouldn’t own 50 homes as an investment. It’s not sustainable.

>> No.30425073

never because we will never get high inflation again, people don't believe inflation will rise, thus it will not

>> No.30425099
File: 258 KB, 577x385, Screen Shot 2021-03-07 at 2.00.05 PM.png [View same] [iqdb] [saucenao] [google]
30425099

>>30424689
Suite yourself. Enjoying being a rent cuck and paying our mortgages when you inevitably have to rent from one of us because you got priced out.
>>30424770
>"try to argue price when they likely received multiple offers (at or above asking price) the day they listed it."
The house would be listed as contingent if that was the case. And yeah sure.. houses are going like hotcakes in that area... You can tell because there are tons of houses up for sale in the area, there must be TONS of buyers (Pic related). I own plenty of real estate, you most likely do not based on your apparent lack of knowledge. Enjoy this last you. I swear this board is all brainlets.

>> No.30425261

Are you really that stupid enough to think housing will go back how it was, that you will buy it for a fair price? This country is on an unstoppable downward spiral, some foreign country or it's people will be buying up all the property like they are now and renting it to you. The American Dream died a long time ago.

>> No.30425386

>>30424839
kys government bootlicker shill
not allowing people who work to buy a house will literally kick off a civil war in the future

>> No.30425611

Imagine not buying an acre or two of land in the Appalachians for under 10k. Imagion not buying a pre fab cottage home for 30k, or if youre poor, a pre fab garage for 10k. Imagine not rigging it up with solar and wind power, and water barrels for under 10k. It must suck not knowing you can buy a fully modernized house, with a beautiful view, for under 40k, or under 70k if you want it more homely.
Or better yet, simply go to a home listing page, and ctrl F "handyman's dream".

>> No.30425689

>>30425386
The 20th should have taught you that people are gargantuan pussys, and that they will only fight when they have their life threatened personally, in that exact moment.

>> No.30425785

The guy posting houses that are right next to a Washington DC airport is cringe

>> No.30425878

>>30425611
You offered it to me for under 10k anon.

>> No.30425982

>>30419545
I don't understand why there isn't a mass flight of people from US to Mexico. You know you can retire and live comfy down there right? Why do you persist in this doomed country you have created?

>> No.30425994

>>30420707
Exactly the same situation in WA state, on the outskirts of Seattle metro area. Homes have all doubled in the last four years and if you're not offering at least 10-15% over list, you don't stand a chance. And if you actually want to view and inspect, you may as well not even bother making an offer.

>> No.30426048

>>30419545
That house would be 700k starting in Canada lmao

>> No.30426141

glad a got a place for 40k in 2008 its worth like 100k now.

>> No.30426373

Leaf here looking 2 hours east of Toronto for a home. We didn't start looking seriously until November since wife and I only just got on our feet financially in our late 20s/early 30s. WHAT THE FUCK DOWE DO? EVERYTHING IS LIKE 100k HIGHER THAN IN NOVEMBER WE MISSED THE BOAT BY 2 MONTHS ARE WE SERIOUSLY FUCKING DOOMED? Should we just bite the bullet and get ripped off 100k? I'm sure my BTC/ETH/XMR/BAT will more than make up for 100k in the long run, but it feels like I'm being robbed and it's such a shitty feeling giving a lot of hard earned money to a scam market.

>> No.30426400

>>30421248
>germany
>around white people
FUCK OFF mahmoot

>> No.30426547

>>30419545
The Fed will just print money to buy up all the mortgages like they did in 08.

The pod is crawling closer.

>> No.30427044

>>30419545
Probably any day now. People are buying $700K+ houses near me with just $20K down. This is absolutely not sustainable.

>> No.30427117

>>30420707
I'm in the same boat.

A lot of companies are going more towards virtual work, so I'm probably going to have to go to Aldie.

>> No.30427156
File: 64 KB, 1181x574, 1611535307173.jpg [View same] [iqdb] [saucenao] [google]
30427156

>>30427044
The Fed already buys more MBS than treasures, it's sustainable as long as the printers stay on

>> No.30427170
File: 1.18 MB, 1748x2159, 1614993224460.jpg [View same] [iqdb] [saucenao] [google]
30427170

>>40k

holy shit that sounds insane, 100k even, must be south america or something? africa?

>> No.30427228

it's 100% sustainable, theres millions and millions of people who bought houses before 2015, who have 200k+ in cash when selling, thus can easily afford todays prices

>> No.30427305

>>30427117
I hope you have $1,000,000 minimum to spend to live there. I wouldn't mind it myself, but the one new construction has a 50+ person waiting list, and any other home for sale is gonna be 1mil+ easy

>> No.30427336

>>30422611
Foreign investment and the fact that they’re letting people buy houses with almost no money down. We should restrict foreign investment in residential real estate and require 20% down payments.

>> No.30427352

>>30426373
pay 100k now or 200k in 2022, your choice

>> No.30427373

>>30426373
You and your wife (male) should just try another city

>> No.30427441

>>30427336
>>30427336

you really think that explains anything lmao, plenty of european countries or cities have banned that (i.e. its mandatory to live in a house you buy) and the markets are still insane, its a global macroeconomic thing

>> No.30427461

>>30421734
Most real post in the thread

>> No.30427524

>>30427441
Read my second piece. People are buying houses with almost no money down.

>> No.30427541

>>30421914
Yeah, they all got eating disorders within two weeks of being introduced to american television.

>> No.30427635
File: 107 KB, 750x563, CMGh9thgJy7_slide_1..jpg [View same] [iqdb] [saucenao] [google]
30427635

>mfw I will eventually inherit 6 real estate properties worth 5.4 million EUR from parents and in-laws.

I am going to have to start a real-estate corporation, aren't I?

For all that wealth, there was never a lot of luxury in my family. Average-size house, a fucking Nissan Primera, no fancy intercontinental vacations or started restaurants. The Belgian way is to save cash, never spend or invest in stock, until you can buy real-estate, repeat until death. It's financially retarded but can't complain with what I got.

>> No.30427731
File: 112 KB, 856x586, wtf.jpg [View same] [iqdb] [saucenao] [google]
30427731

Amerifags fuck off. At least these prices are attainable by the middle class still. In canuckistan the government allows foreign investors to cuck its citizen out of ever owning a property without mortgaging it for half a century.
>>30426373
Leave. The bubble will continue to grow as long as people still pay these obscene prices

>> No.30427891

>>30425982
Don't know about Mexico, but in Panama there are whole gated neighbourhoods for US pensioners. Outside of Panama City they go on for kilometers on end.

Panamanian dollar is pegged to USD and they have other financial benefits for US citizens.

>> No.30427901

>>30427731
>1 floor
>house
No-one wants your shed.

>> No.30427916
File: 505 KB, 1242x749, E861C894-D20A-41DA-BCAB-A78F78044FB4.jpg [View same] [iqdb] [saucenao] [google]
30427916

>>30421634
It is because this scenario has always happened.

>> No.30428044

>>30419847
america is build on debt, anything you want to do you need to go in debt to do it.

>> No.30428061

>>30427901
Not my shed lmao, people are buying shit like this in literally who cities for above asking. It's truly a clown market here

>> No.30428190

kek at all the fags in here who got stuck with boomer property bags and want you to believe their property will only go up, /biz/nigs are used to crypto fud but dont see this type of fud often, familiarize yourself or else you will buy someone elses overpriced bag and be stuck with them

>> No.30428196

>>30424538
>Only retards pay list price for anything
LMAO, you clearly have not tried to buy a home anytime in the past 5 years. This is a seller's market and you are not in a position to make any demands, not when a dozen sight-unseen offers are coming in on the same day of listing for any house actually worth living in.

>> No.30428310

>>30427901
confrontational autist detected

>> No.30428340

>>30424405
True there are minimal nogs around, thus my theory of this >>30421190
On the other hand, a trend for years now is California sending homeless people here to transfer the gibs liability. Among them are lots of nogs. Really funny conflict occurred during covid when black people were coming here with the intention to be homeless and vlogging about it. This implied they violated the COVID quarantine so police actually found and arrested them and sent them back. Was in the news as well and redpilled a lot of locals. Non-white locals have no hesitation to harass them in public calling them niggers. The homeless people went back to the mainland claiming Hawaii is raycis.

>> No.30428362

boomers will be selling their houses and dying soon.
i'm not moving into my grandpas house when he dies, and i know many like me -- house values will go down for some amount of time while boomers try to find buyers

>> No.30428401

>>30428196
Basically how I plan to sell my house. 10k below zillow price. sell as-is. First come offering money gets it. Sight unseen is desired because then I dont have to deal with a lot of bullshit in negotiations that can drag a sale on for months.

>> No.30428519

>tfw my parents want to sell the house and rent for the rest of their lives after I move out
fucked for life

>> No.30428526

>>30422504

China will make Jews look like child's play. I too hope they kill them off though

>> No.30428552

>>30428340
>Non-white locals have no hesitation to harass them in public calling them niggers.
based moana

>> No.30428726
File: 194 KB, 1080x1080, B4447941-BB4C-45ED-9A91-A2ED21B4F653.jpg [View same] [iqdb] [saucenao] [google]
30428726

>>30423455
It’s not coming down, it would have happened 6 months into the plandemic when everyone was locked inside and couldn’t pay their mortgage. renters will get evicted this summer who couldn’t pay but if you had a house you were already financially sound to survive this downturn

non pay renters will get evicted
thousands of others waiting in line to move in
govt gibs inflating money so housing costs will rise
low interest rates has people buying houses first week on market

I was planning on moving right before the Kung flu but I’m refinancing to 2.7% 20yr and waiting for 2 years before selling to offset the coming inflation. shits about to get expensive and the housing market isn’t going to start dipping till the feds raise rates next year or two

>> No.30429028
File: 420 KB, 610x514, EvwlmIgXYAAmzW_.png [View same] [iqdb] [saucenao] [google]
30429028

>>30428726
why would the FED raise rates?
Only when theres inflation, why would we get inflation?

inflation will never happen again, not above 2%

>> No.30429039

>>30428196
This.
In my area you could list literally any property that's not a run-down piece of shit for sale as-is and you WILL sell it likely before you even have time to put pictures of the house up.
It's almost all foreigners, and they're obviously not interested in even seeing the place, so it doesn't matter what it looks like or what's wrong with it.

>> No.30429088
File: 564 KB, 876x847, 1614388426020.png [View same] [iqdb] [saucenao] [google]
30429088

>>30425878
Thats to build yourself a nice home from scratch. The land itself is under 10k in most cases for a solid acre or two. If you do want a house with land, it's going to need refurbishing. I guess if you budget this right, a house like this could be under 10k.
https://www.landsofamerica.com/property/95-Left-Fork-Stanley-Road-Pikeville-Kentucky-41501/7828073/

>> No.30429187

>>30419545
>When is '08 gonna repeat?
Once they stop printing or inflation catches up

>> No.30429340

>>30428726
>shits about to get expensive and the housing market isn’t going to start dipping till the feds raise rates next year or two
uhh so is it getting expensive or is it dipping? i had planned to buy sometime next year but would it be better to buy after the feds raise rate? or will it all sort of balance out?

>> No.30429421
File: 14 KB, 500x320, inflation shadowstats.gif [View same] [iqdb] [saucenao] [google]
30429421

>>30429028
inflation is at least 10% per year over the past decade

>> No.30429441

>boogaloofags keep going on about MUH LAND
Hey retards, if the happening happens, a roving gang of niggers isn't going to care that you have a small arsenal. They'll drive an ATV into your house and loot it. Land does not insulate you against the apocalypse.

>> No.30429592

>>30429340
Sadly it just comes down to: do you want to pay $X00,000 at sub-3% now or pay $X99,000 at 6% later but you have more to choose from?

>> No.30429650
File: 647 KB, 1920x1314, Td6IDWc.jpg [View same] [iqdb] [saucenao] [google]
30429650

>>30429421
>> shadowstats
LOL

>> No.30429807

>>30429441
Good bait but you really think those niggers aren't getting gunned down the second they try to loot outside their concrete jungles?

>> No.30429937
File: 659 KB, 876x847, 1615158925513.png [View same] [iqdb] [saucenao] [google]
30429937

>>30429088

>> No.30430004

>>30429441
niggers aren't going to find my house

they'll canabalize each other and run out of gas long before they get there

and even if they do get there their glocks won't have the range to reach me, and they won't get past the fence

cuck

>> No.30430099

>>30425611
sorry I'm not a hick and require gigabit internet

>> No.30430152

>>30425611
>he thinks an acre or 2 is alot
not going to make it, just keep renting your cuck condo

>>30429028
I don’t know how jews work besides they print money to make money. they said there not considering raising long term rates till 22-23 at the earliest, 10yr short term has already started climbing this year. only thing to stop it from going up is a stock dip 2008 levels

>>30429340
price of everything will go up slowly with inflation, loaning/borrowing money will be low for another year or two

>> No.30430277
File: 496 KB, 1242x1638, 2849BB79-6728-4D14-95A0-68706422B3D7.jpg [View same] [iqdb] [saucenao] [google]
30430277

>>30419545
>Concord, NC
Nice high school you have there. What’s the 3rd world like this time of year?

>> No.30430386

Im just going to kill some boomers and take their shit in a few years when everything is chaos

If you think we arent collapsing this decade you are actually delirious.

>> No.30430434

>>30430277
shitty most likely

>> No.30430672

>>30430277
are private schools a thing everywhere or only in cities?

>> No.30430734
File: 209 KB, 1053x718, IMG_20210308_074312.jpg [View same] [iqdb] [saucenao] [google]
30430734

>> No.30430759

>>30420190
You first anon

>> No.30431122
File: 1.20 MB, 1242x1688, 0DC57EB9-1657-446D-B620-D719848B6458.jpg [View same] [iqdb] [saucenao] [google]
30431122

>>30430672
everywhere but why would you want anyone indoctrinating your children? Homeschool, your wife shouldn’t work. Schooldigger.com is an excellent resource for demographics of the city you’d move to. Illegal Hispanics are not in the demos and can also be counted as white. You must go to the schools to determine not only where you’re moving, but how the trends are changing. Concord High here was 70% white in 2001, where will it be when your little girl goes to high school in 10 years? Private school is $10k/year plus, imagine the danger she’s around when going to the store. You could have 10 acres in the Midwest outside a major city for $200k. Anyone staying in cities deserves their fate

>> No.30431765
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30431765

>>30430277
>>30431122
those dubs don’t lie. move to the country, homeschool your kids, and breed like rabbits. Spend your days gardening, shooting, and four wheeling. $250k for 29 acres, an hour from the 3rd largest city in Missouri, and 100% white
https://www.zillow.com/homedetails/196-Badd-Rd-Bradleyville-MO-65614/106917973_zpid/

>> No.30431932

>>30427305
Nah, I can't justify it. I only make 120k/year so a townhome will have to do until I decide to move somewhere.

>> No.30432746

>>30427373
>>30427731
>>30427352
Everywhere is like this except Alberta but also I kind of want to stay in Ontario but I dunno anymore... I hear Portugal is nice and warm. What countries aren't cucking their citizens and don't have depressing winters?

>> No.30433152

>>30431122
homeschooling would be great but i think it would be hard to find woman who would want that. since it would be a ton of her time. i also think some level of socialization is needed. Yeah ive been looking at land on landwatch.com but im not really sure what im looking for.

>> No.30433668

>>30433152
homeschools have co-ops that meet up weekly or more. once they make friends, days are filled with with their kids coming over and vice versa. If your woman would rather play powerpoints in a cubicle all day with dudes flirting with her, she’s infected with the mind virus and is of no value. It’s not hard to find a woman like that in a conservative town like Springfield, MO. It’s nearly impossible in a diverse city where women have already lost their worth and soul

>> No.30433688

>>30431765
That’s a beautiful property that reminds me of New Hampshire. The same property here would easily cost a million. I work fully remote and could move my family anywhere but I grew up here and don’t really have any desire to uproot to another part of the country where we don’t know anybody. It makes a ton of sense financially because I could list my house tomorrow and it would sell for over $600k by Tuesday but I don’t want to leave.

>> No.30433739
File: 309 KB, 1167x833, mogsyourshitidea.jpg [View same] [iqdb] [saucenao] [google]
30433739

you know the answer faggot

>> No.30433910

>>30423534
the government pays niggers to live near you.

>> No.30433932
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30433932

>> No.30433985
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30433985

>> No.30433986

>>30433668
ah i didnt know they had meetups. that sounds really nice. wish my parents did that lol.

>> No.30434036

>>30420178
after living in hawaii for 3 years you couldn't pay me enough in the fucking world to stay in that 3rd world shithole, especially if I have to work/commute anywhere near honolulu proper. FUCK that shithole

>> No.30434089

>>30419545
lol, i was looking at that house on zillow today.

it's not worth 300k but some fucking asshole will pay that

>> No.30434256

>>30433688
NH is incredible. Leaving family is tough, friends are easy to find especially in salt if the earth rural areas. I’ve banged out 4 kids in 5 years, they become your life. I work remotely too. Homeschooling is over by lunch, the rest of your time is spent tearing up trails on the side by side on your land, teaching the kids to shoot (.22 for now) and fish, gardening, and really having a blank canvas for anything you want to do (I’m enlarging to a 3 acre pond with jet skis right now). It’s hard to imagine a life without friends going stir crazy living in your box next to another box. Once you’re living the way God intended, you realize your fruits are all that matters, and you’ll wonder what took you so long to leave Sodom.

>> No.30434464

i listened to a podcast by a realtor guy yesterday and he said something like
>look at the shortages of lumber and materials to make houses and look how many people want houses now because they're fleeing the cities!! how could it possibly collapse??? i don't see any way it could, if you do please email me and tell me because this market is going to be strong all year!
and that sounds to me like exactly what someone would say at the top of the bubble right before the curveball comes and destroys everything. but maybe hes right and the market really is so saturated with buyers that it wont go down for a long time

>> No.30434614

>>30433986
yeah there’s a lot of them now. Much more since covid made parents just homeschool. Issue is the new crop that weren’t really homesteaders, are just pissed about the covid stuff but still have shit values. “We’re trying to live a natural life, what Netflix shows do you watch?” The kids get plenty of socialization, don’t fall for that bs. Protip is to have them all as close as possible. As soon as lunch is over, 3 of them are out on 3 fenced acres and not coming back until they’re hungry. Once they hit 3 and 4 years old they’re really all the socialization each other need