/biz/ - Business & Finance

[Anonymous No.57960117]

if millennials and gen z can't afford housing because all the money goes to shareholders why don't they all just invest?

[Anonymous No.57960165]

>>57960117
Because they want everything handed to them.

[Anonymous No.57960175]

>>57960117
((((Shareholders))))

[Anonymous No.57960219]

they have no money to invest. they have negative money if anything. even if you have $100 dollars at the end of the month you can chuck at the SP500 it will take 45 years to become a millionaire, which isn't that impressive anymore and will be even less meaningful 45 years later. so you either take on more risk or don't bother, and most normies are so fucked they don't have that $100 a month of bullshit money anyway

[Anonymous No.57960266]

>>57960117
There's no money to invest for most Americans. We're at the crux of the next credit crunch as we approach CRE loans reaching maturity.

[Anonymous No.57960456]

>>57960117
52% of millennials are homeowners

[Anonymous No.57961066]

>>57960456
proof?

[Anonymous No.57961145]

>>57960117
>why don't they all just invest?
Government employees in indoctrination centers for children spend 14 years out of a child's first 18 years telling them that it's evil. And boring.

It's literally that simple. Read John Taylor Gatto. They think they live in a system called "capitalism" but never think hmmm maybe I could be a capitalist.

[Anonymous No.57961162]

>>57960117
stealing is easier.

[Anonymous No.57961193]

>>57961066
copy and paste his comment into google, lmao

[Anonymous No.57961220]

Because my investing gains are covering my purchasing power loss.

[Anonymous No.57961288]

Because when they all do invest shit like GME happens. These faggot companies won't even let regular folk buy in, its all "Sophisticated investors only" for every IPO. I want to actually make money, not get a measly 5%, I can achieve that through a high interest savings bank account and not take on the risk.

[Anonymous No.57961311]

Wagies are slaveminds, they live a permissioned subservient life, their life strategy is compliance and therefore they will not engage in activity that's not propagated as the norm

[Anonymous No.57961316]

>>57961288
thankfully due to inflation it's easier than at any point in history to be an accredited investor, didn't read the rest of your post because you're obviously a retard

[Anonymous No.57961466]

>>57961066
Why do poor people think everyone is poor? Do you think millenial surgeons don't own homes? Lawyers? Dentists? There are plenty of high paying jobs that make home ownership feasible

[Anonymous No.57961522]

they could have bought NVDA and tripled their money
but they bought GME instead

[Anonymous No.57961551]

>>57961466
>Why do poor people think everyone is poor?
Because they only associate with other poor people. The Bell Curve talks about this towards the end: society has been self-segregating based on IQ for almost a century now, and because SES is highly correlated with IQ, it means that smart rich people generally only associate with smart rich people, and dumb poor people generally only associate with dumb poor people.

If your richest associate is a guy making $60k/yr as a car salesman, yeah. There's a lot of people like that.

[Anonymous No.57961565]

>>57961522
Isn't GME still like 3x?
they should have bought BTC though.

[Anonymous No.57961604]

>>57960117
>companies can only make a maximum of 10% net operating income, the rest must be reinvested into the business or shares in other companies and services

[Anonymous No.57961982]

>>57960117
> why don't they all just invest?
They do. 68% of millennial workers have a 401k. However, that money is not able to help them with their cost of living day to day. 55% of millennials own individual stocks though i do not know the overlap between that and 401ks. However, even though participation is high in the stock market among millennials, ownership percentages are not. Millennials own just 13% of small businesses compared to 41% by baby boomers. Out of total wealth, millennials own just 9.3% compared to baby boomers at 53%. The population size of millennials and baby boomers is equal. From these numbers, you can see why your question is dumb as fuck. At least... I hope you can. I've given you everything you need to be able to realize how stupid you appear to anyone who does understand.
>>57960165
You're straight fucking retarded.
>>57960219
>they have no money to invest. they have negative money if anything.
Correct. Millennials grapple with the highest income-to-debt ratio among all generations, with young millennials averaging a Debt-to-Income (DTI) ratio of 37.5, and older millennials averaging a DTI of 36.7.
>>57960266
>We're at the crux of the next credit crunch
Time will tell. There are indications of weakness in the credit markets but the extent to which it will be a crisis versus a crunch and where that crunch will occur is yet to be seen. You mention Commercial Real Estate but it is only Office that is under strain. Other types of commercial real estate like industrial are fine compared to averages.
>>57960456
>52% of millennials are homeowners
Correction: 52% of millennials lease their homes from the bank using a debt instrument called a "mortgage." They do not in fact own the home outright. They lease it from the bank and it will be repossessed if they do not pay.

What other questions can I answer for the masses?

[Anonymous No.57962026]

>>57961551
But I’m a smart guy with a couple of dumb friends. Explain this.

[Anonymous No.57962079]

>>57961982
Ownership via mortgage gives you the only two things about RE that matter - exposure to upside and physical shelter. Leasehold does not. Try again midwit

[Anonymous No.57962112]

>>57962026
you are dumb.

[Anonymous No.57962118]

>>57960117
>dude, just, like.. invest

[Anonymous No.57962218]

I dont need much, but if you kike demons dont leave me alone I will require blood as tribute to exist in my world

[Anonymous No.57962308]

>>57962079
yeah you get exposure to upside but RE lags stonks in many markets. what it actually gives you economically is leverage.

[Anonymous No.57962328]

>>57962026
If you were smart, you'd be rich.

[Anonymous No.57962390]

>>57960117
I regret not buying a house at the expense of my business in 2020 now i'm fucked. I'm just leaving the country and i'll probably become a sleaze lord. the U.S. fucking sucks ass. only NPCs appreciate it. every fucking city is ruined by niggers and spics.

[Anonymous No.57962745]

>>57961551
I've noticed this on 4chan my entire life. For better or worse, nobody I ever see on this website is anything like anyone I know in real life, and I've been coming here since 2008.
This doesn't mean rich people are "better" than poor people, mind you. I've met a lot of insufferable rich brats at the firm where I work who project everything onto others and one-up each other.

[Anonymous No.57962784]

>>57962026
I met people like this in the town where I grew up. Speaking very, very generally, these people lack ambition. Super high IQs, talented in multiple ways, but unable to see themselves in high places. These are the people who could get into top universities but simply do not apply because they don't feel like it despite perfect or nearly perfect SATs, could build fantastic careers but prefer to stay in their hometowns, etc. They're an interesting bunch.

[Anonymous No.57962871]

>>57961551
conversely, everyone i associate with is making 120k+/year at their job, and as much or more with their investments

thank god i went to a good college

[Anonymous No.57962895]

>>57962118
Yes actually, for alot of people, not all mind you but a fucking lot of people, if they cut out cigarettes, alcohol, eating out, travel and car loans, they could easily save up for a home.

[Anonymous No.57963007]

>>57961288
>I want to actually make money, not get a measly 5%
this is why you will remain poor

[Anonymous No.57963081]

>>57960165
>the governments wants taxes handed to them

[Anonymous No.57963089]

>>57962895
the vast majority of people on this planet do not have the discipline to sacrifice short term happiness for long term well being

look at how many fat asses there are

[Anonymous No.57963138]

>>57963089
Sometimes it's nice to be reminded how nice my life is, I guess.

[Anonymous No.57963334]

>>57961551
>highly correlated
no its a weak correlation

[Anonymous No.57963379]

>>57963334
>low IQ doesn't know what a "weak" correlation means

[Anonymous No.57963449]

>>57962079
Spoken like a true slave.
> exposure to upside
Your upside is a lie.
>https://clippingchains.com/2020/08/31/the-real-cost-of-home-ownership/
Physical shelter can be accomplished by renting. If you actually read and understand the above link, you'll realize that:
>Leasehold does not.
Leasing accomplishes shelter with actual upside profit in excess of you owning your home.

You can tell yourself whatever lies you need to to sleep at night, but your bank owns your home. Stop making payments to your bank and you'll see who actually owns your home.

[Anonymous No.57963500]

>>57962871
>everyone i associate with is making 120k+/year at their job
Do you check their pay stubs?
>as much or more with their investments
Are you in their retirement accounts holding their hand as they click the mouse? I've always found the lies people tell themselves interesting to watch. The self-masturbatory echo chamber that humans need to live in to feel safe.

[Anonymous No.57963525]

>>57963449
I rent and invest the difference but there are non-financial advantages of a mortgage. e.g. privacy and 0 chance of a non-renewed lease. whether that's worth missing out on gains is up to every anon himself.

[Anonymous No.57963538]

>>57960117
I bought my house when everyone was afraid of a bubble and now its worth 50% more. All my school mates were telling me how I was buying at the very top and how they were waiting for the crash. Well, that crash never happened and they are sidelined for the foreseeable future

[Anonymous No.57963550]

>>57960117
Because you only see successful shareholders

> In 2020, the average lifespan of a company on Standard and Poor's 500 Index was just over 21 years, compared with 32 years in 1965.

[Anonymous No.57963564]

>>57963500
>everyone more successful than me must be lying

always fun to read poorfag cope

[Anonymous No.57963581]

>>57960117
> Let them become shareholders.
This is a Marie-Antoinette -worthy hot take.

[Anonymous No.57963588]

>>57963538
>never happened
We don't live in endtimes, a real estate crash is going to happen, and soon. My little place did a 2.5x since I bought it, I don't expect it to keep going up, it's already ridiculous.

[Anonymous No.57963597]

>>57963588
It has to crash by 40% for me to lose money lmao

[Anonymous No.57963620]

>>57963597
That can easily happen, real estate is just slow to move, people can sit on a house that doesn't sell for a long time before they admit they need to lower the price. Not that I'm rooting for it, got mine, don't plan to sell or buy anything ever again, whatever happens it's fine by me

[Anonymous No.57963658]

>>57961551
reminds me of the time i had to explain to a cousin why videogames and what nft games where, like bro, i know you play the piano and shit, and i'm a dude who puts money on internet coins and plays nft games while waiting for other nft games to come and farm like gravity legion, but HOW DO YOU NOT KNOW ABOUT ELDEN RING OR EVEN FIFA? BRO YOURE 18 ALREADY YOURE NOT A BABY OR A BOOMER, CMON

[Anonymous No.57963660]

>>57963658
*why videogames are so popular nowdays

[Anonymous No.57963669]

>>57960117
A better question is if millennials and gen z can't afford housing because all of the money goes to usurious jewish parasites why don't they all just holocaust them?

[Anonymous No.57963688]

>>57960456
You shouldn't be considered a homeowner for taking out a mortgage that's pure pilpul.

[Anonymous No.57963698]

>>57961551
>self-segregating based on IQ
That mechanic broke down with the Internet. My real life friends are very smart and well educated but here I am talking to random retards. Billionaires are out there talking to poorfags on twitter, that doesn't happen in real life

[Anonymous No.57963700]

>>57963538
>All my school mates were telling me how I was buying at the very top and how they were waiting for the crash.

people have been saying that since the early 2010s

the "crash" came in 2022-23, we're at a "bottom" right now

shit is still selling in desirable areas... 12 homes were listed the past month in my city under 500k, all 12 went contingent in less than a week, and this is with rates being the highest they've been in 23 years

we would be even higher if the fed didn't have a 5.5% rate, and the fed is going to cut later this year

if the fed lowers just 1%, then purchasing power goes up 10%... if they cut 2%, purchasing power goes up 20%

people have money, BTC is at an ATH, S&P is at an ATH, wages are at an ATH, the average home buyer in 2024 makes well over 100k

don't listen to losers, ever

[El Arcón No.57963701]

How's coffee at 7/11 today?

[Anonymous No.57963751]

>>57960117
>what are stock options

[Anonymous No.57963804]

>>57960117
>Barely have enough to get by
>"I'll just become a SHAREHOLDER and invest my last 20 bucks a month on the stockmarket"
>5 bucks to transaction fees and taxes
>one year later my 15USD has become 20USD
>I'm a shareholder momma

I don't know what delusional state you live in. I make enough to be able to invest now, but I come from abject poverty. The average person doesn't have enough money left over to ever generate a decent sum, even over a 40 year horizon. The best most people can hope for is retiring with enough on the side to pay for elderly care.

[Anonymous No.57963828]

>>57960175
These schizo memes need to be more readable. This is a mess.

[Anonymous No.57963835]

>>57963564
So no, you don't know. Got it, bubble boy.

[Anonymous No.57964275]

>>57960117
>pajeet posts crybaby poor me pls give money sirs sob story

fuck jeets and fuck zoomers, they deserve to be poor

[Anonymous No.57964319]

>>57960117
>just gamble bro
No, my money is my money, I'm not going to hand it over to you to help finance your new butt plug factory in Uzbekistan and trust that you'll not the shit the bed and actually pay it back

[Anonymous No.57964854]

Canadian Gen Y here. I'm about to go ge approuved for a 175 000$ loan on amobile home for because if I wait until next year I'll be priced out of the home market forever. It's pretty retarded that a young professional in a rural area can only afford a mobile home. Any bungalow under 200,000 is essentially a dump that should be tore to the ground. Modern mobile homes are actually pretty fancy tho it just have the stigma of being a mobile home. Worst case scenario I can always put my house on a cargo ship and move to Japan.

[Anonymous No.57964956]

>>57960165
I'm going to find you and cave your fucking skull in

[Anonymous No.57964969]

Official thread theme
https://youtu.be/SnAF2o5y63w?si=A-D_Fz9I3-wq3bjp

[Anonymous No.57964973]

>>57964956
hello black friend

[Anonymous No.57965042]

>>57960456
Also those who have houses are just older millenials or those that had to move to a shithole.

When I was out of college it was 2015, and just had to find first shit paying jobs. Few friends that managed to get in housing in 2015-2017 when prices were okay just got help from everyone in the family.

After that it was being constantly priced out by investors buying homes instead of stocks.

So half of older millenials getting in at reasonable price is fine, doesn't discard the fact that tounger millenials are just fucked forever

[Anonymous No.57965102]

>>57964969
Let me tell you something, you whiny little SNOT
There's something wrong with ALL you kids today
You just don't APPRECIATE.. ALL the things you've GOT
WE WERE HUNGRY BROKE AND MISERABLE AND WE LIKED IT FINE THAT WAY
There were seventy THREE of us living in a cardboard BOX
All I got for CHRIStmas was a lousy bag of ROCKS
Every night for dinner, we had a big 'ol chunk of DIRT
If we were really good, we didn't get dessert

When I was your age. When I was your age
When I was your age. When I was your age

Didn't have no telephone, didn't have no FAX machine
All we had was a couple cans and a crummy piece of string
DIDN'T HAVE NO SWIMMING POOL WHEN I WAS JUST A LAD
Our neighbor's septic tank was the closest thing we had
Didn't have no dental floss, had to use old rusty NAILS
Didn't have Nintendo, WE JUST POURED SALT ON SNAILS
DIDN'T HAVE NO WATER BED, HAD TO SLEEP ON BROKEN GLASS
DIDN'T HAVE NO LAWNMOWER, WE USED OUR TEETH TO CUT THE GRASS

[Anonymous No.57965262]

>>57960117
Who do you think is buying shit like WIF nigger?

[Anonymous No.57965312]

>>57960117
Because investing shouldn't be a prerequisite to comfortable living in this day and age. Investment objectively wastes a ton of money. The vast majority of money invested creates no new value for society at large, performs no work, and can safely be considered to have fallen into private hands and simply pumped back into the market. It's a symptom of a seriously ill society that work alone no longer provides enough to live on comfortably. What if you just don't want to invest? You're fucked. You've got no chance unless you're independently wealthy and/or in the top 1% of salaried earners. In what universe is it okay that a law-abiding citizen who works 40 hours a week and pays their taxes every year can't really live on that unless they also play this money minigame that essentially puts their financial welfare in the hands of immeasurably complex market forces, itself largely driven by the completely-opaque actions of companies and wealthy individuals who show (through their unwillingness to pay livable wages) that they don't give the slightest shit about you? We're an ill society. Money rules everything and everyone, and if you don't want to give a shit about money, you're fucked.

[Anonymous No.57965479]

>>57965312
damn you couldn't have said it better. The current game began after WW2. They decided to add the next dlc or expansion to it - the money minigame casino.

[Anonymous No.57965520]

the amount of institution dick riding kikes posting here is disgusting, adding to the fact that traffic on the site is ATL.
truly (((they))) shut down and in control of everything fucking grim