Renting is dead money user

>renting is dead money user
>Why don't you get into debt for decades like me?
>Your home is your greatest asset user, think about how people will be lining up to buy your McMansion in 30 years!
Is there anything more peak boomer than this?

Attached: peakboomer.jpg (242x208, 11.39K)

That's actually based, though

Real estate is going to collapse soon

Based and truthpilled
Buying or holding leveraged property now is full retardation

Are you expecting boomers to save you from poor life choices? Not gonna happen you can rent or be homeless

t. Dad

mortgage debt is different from what you are thinking of, which is why your post proves you’re dumbass.

rentcucks are morons. what happens when you retire in 40 years? you going to pay $1000/mo rent on your $2200/mo social security until you die?

>home is our greatest asset
and israel is our greatest ally.

No im counting on a wave of boomer deaths in the next 20 years and no demand side demographics being there to buy their bags when the estates are handled. Why would i care about building equity in an asset class over a 25 year period if that asset is going to be 60% off in 20 years.

why is it going to be 60% off

what if your country continues to import more third worlders than are needed to replace the boomers?

DUDE i just LOVE the hustle and bustle of the big city, it’s so DYNAMIC and makes me feel like i’m in one of my favorite TV SHOWS. you should totally come on down to my studio apartment, it’s got EXPOSED RED BRICK walls and everything, we can crack open a nice hoppy ipa or three and get crazy watching some cartoons on adult swim! and dude, dude, DUDE, we have GOTTA go down to the barcade- listen here, right, it’s a BAR where us ADULTS who do ADULTING can go DRINK. BUT!!!! it’s also an ARCADE like when we were kids, so we can play awesome VIDEO GAMES, without dumb kids bothering us. speaking of which megan and i have finally decided to tie the knot- literally -we’re both getting snipped tomorrow at the hospital, that way we can save money to spent more on ourselves and our FURBABIES. i’m fuckin JACKED man, i’m gonna SLAM this craft beer and pop open another one!!!

wtf is that pink thing near the license plate

Because the boomers will all die at once and no one except a boomer wants to live in a nice house everyone else wants to be cramped in an apartment full of nogs in NYC eating immigrant food

never gonna happen. mortgage terms will extend to 40 years, debt to income ratios will go up. or housing will just be for the rich like in many european countries where the vast majority of people rent their entire lives.

A finger

A house is literally the opposite of an asset until it's paid off.

you have to be 18+ to post here

Demographics predict economies
Extend it 40 years. 50 years. 100 years. It wont matter if there isnt another wave of buyers coming. America is heading for a population cliff with a market full of sellers and no buyers, and any would-be buyers are going to be poorly capitalized having lived through at least 2 financial crises. Its not hard to see it coming, only people who disagree are those with skin in the game.

Attached: 847889448.gif (525x500, 529.19K)

Saw that Boomers own about 55% of the housing supply despite being a third or less of the population

When they need to sell them for some reason (Death or to retire for example) they will all be selling at the same time, bidding the price down until it sells. Problem is that nobody has the money to buy it off them.

>I'm just going to wait 30 years until I'm dead to buy a house because the boomers got them for free and when the boomers are gone houses will be free again

take the trailer pill
>costs a few grand total up front
>no rent
>bigger than an apartment
>no danger of getting robbed because everyone thinks you're poor
>can easily sell when you want to move
>don't even have to sell when you move, you can just buy a house and then move the trailer onto your new property and use it for storage or as a guest house
t. been living in a trailer for the last few years while having a net worth of almost 7 figures

Attached: trailer.png (1004x565, 90.32K)

What? No im just saying why would i leverage myself into a weak asset class in my 20s when theyre all going to be on sale in my 40s. Of course dont let me stop you, market is going to need people on the losing side of the trade after all.

Your home isn't an asset unless you've made money from it. Boomers only hope is that some greater fool comes along and buys their McMansion from them for a ridiculous price. Good luck with that!

i'm currently saving for a house and flipping in the market to help get 20% down. as someone who rents, you are a literal fucking loser to try and justify this. know that OP, you're a fucking loser.

Attached: gwrV9mn.jpg (1920x1080, 613.29K)

>242x208 pic
>Why don't you get into debt
>mortgage

I shouldn't have even replied to you. you're 18 and a full blown idiot.

Attached: 1436847136374 (1).png (1920x1080, 1.21M)

>buying real estate is dumb
>I CHOOSE to rent, it's definitely NOT because I'm too poor to buy my own property
>haha look at all these happy successful attractive land owners, what a bunch of idiots

travel trailers are only acceptable if you are working away from your family in another state. if that is your 'home" I legit feel bad for you unless it's temporary until you get a house/land. Even witha trailer you would need land otherwise you'd be renting the plot your shit is connected to in those shitty trailer parks

Attached: Edu9vEc.jpg (620x412, 146.99K)

lmao
nigger

sorry but you have to go back to b faggot

renters are retarded. the real chad buys a home and rents it out literally owning a home for free

Larp

>pay 2x more a month in rent user, you are also free as a bird to travel and pay rent in lots of different cities and meet new people and not be tied down.

Attached: 1570704358276.gif (413x243, 50.98K)

enjoy buying your cuckshed and no im staying here