Why Aren't Millennials Buying Houses?
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Fuck off with your boomer boxes . No one is going to buy your bags
>828$
Was that place a nuclear test site? A Civil war cemetery where the restless dead rise every night to feast on the living? Or just out in the middle of nowhere and then the closest city expanded and the price followed?
Listen here, son, I know what I got you need to grow up and be responsible take out a 30 yr mortgage at 3% at and start a family
I bought a house in SEAsia, now I’ve subdivided it and rent it out to three families for nice profit.
I'm convinced you're the fucking government at this point.
warosu.org
No one's buying because the economy is fucked, wages are fucked, jobs are fucked, and the government is dogshit. This country is going straight to hell. Go fuck yourself glownigger
I will NEVER understand Zig Forums's hatred for property.
i reckon Zig Forums is prbly 20-30% NEETs who havn't made it and could never secure a mortgage
trading crypto for a down payment
the market never sleeps and neither do those GODDAMN CHINKS
This is it. Mortgages are leverage you can live in. They're always going on about getting cucked by the banks... for 10pc down, the banks will give you a 10x position, open for up to 30 years, and you can live in it. What in the name of god is cucked about that?
That's public record I'm sure they made some kind of deal under the table
Nobody feels like being indebted to Jewish bankers for 30 fucking years which also carries with it an implicit bet that the property (and surrounding area) will be valuable or even habitable for white people at the end of those 30 years
It’s an insane idea in 2020
If there is mortgage it's not your property
If i can sell it its mine.
How do you manage that? Is it easy to buy property there?
I have a house already :)
In Australia that house would be worth 800k
You know you don't have to live in the same place the whole time, right? Just move.
Why should i invest in a house when i can lose my money in crypto?
Thats actually not that high of a markup when you adjust for inflation from 1979 til now.
Phillipines?
>Just move
That only works if you can find a buyer. If the area is already niggerified then goodbye to your home value.
If you’ll be moving with a mortgage anyway why not just rent? Way less exposure on an annual lease
If you bought a house in an area that conceivably could be niggerified, then that's on you.
Seriously lads, buying houses is NOT that hard. Pick an area that people want to live in and is going up in value. You know, the area with the cool restaurants and cafes etc. Find out the postcode/electoral ward (UK fag here) of that area and buy a house right on the edge of it. The value wave will come out to meet you in no time. Rinse and repeat.
i live like 40 minutes from chalfont. all of bucks county is an overpriced, overtaxed shithole and i can't wait to fucking move.
Thats 4.4% annual growth before inflation, maintenance cost, taxes, interest and other expenditure that you had to pay. Literally go flip any shitcoin today and you'll make 4.4% in a day.
I live and work in Vietnam, my gf is vietnamese and I’m a legal resident as well as moderately capable in the language
Market here in Saigon is pretty solid with a lot of untapped growth potential and still low rates meaning it didn’t take much to buy a property
Now my monthly loan payments are easy covered with profit left over (also covering my own rent costs) and I get a large property which in all likelihood will only gain massive value as the economy continues to develop here.
My next goal is to open up a business, maybe buy a second property and rent out the upper floors while using the lower one as commercial space.
I used my crypto gains to pay for my first property, I plan to do the same with the second.
It was probably a tax sale, and the place was a beat to shit rental property.
I used to buy tax sale houses. They typically bounce from one degenerate landlord to the next, none of them ever pay the property tax, and the house never gets any upkeep. At some point the condition is too bad to rent so they are bought by guys like me for back taxes. We repair them, sometimes down to nearly the studs, then rent or sell.
This is how neighborhoods are gentrified.
Probably was auctioned at that price. There can be enough serious damage done to a house by irresponsible owners that the the market price is functionally zero. Even the cost of demolishing and selling a raw lot results in a loss.
GET OUT OF MONTCO! WE ARE FULL! POOR FAGS NOT WANTED!
kek.
the concept of back taxes sticking to a property and not following the owner is kiked beyond imagination.