Why Aren't Millennials Buying Houses?
because they're a bunch of poorfags
>they refuse to get 1960s sized houses
>they refuse to move out of the city
>they refuse to cancel subscription services and delivery
>they refuse to pick a degree based on market condition
t. 25 year old
>21501237
Unironically only the ones who know how make their money work for them, by investing, trading, and profiting off of market dynamics can unlock this potential. Most are pissing away their savings on worthless trash like coffee, cigarettes, and cars they can't afford - all bullshit that yields no ROI whatsoever.
It takes discipline and focus to be able to truly afford a house. Not impossible, but most are fundamentally incapable.
because i'm buying a farm. fucking idiot
They dont deserve a house. They can live in a van and fuck their blue haired boygirls
I just did, bought it at market price too.
Cause by the time you pay THAT off you will be dead or tired of living there
Because we have been cucked by the jews.
WE HAVE BEEN KEKED BY THE JEWS
Because purchasing power goes down annually while real estate prices typically rise annually.
I am 32 and just getting to the point where I can buy a house worth buying.
What the fuck, writing cucked in all caps becomes keked?
Cause they don't have families they need to move into a house.
newfag baka desu senpai
that was the only I didn't know to be desu, famalam.
That's the dream. Once I make it I'll rent out the house and live like a bum
Which is worse than renting at 65?
PRICED OUT
Honestly I just don't see it that way.
By 65 you don't need a huge house usually & won't want to maintain it anyways. But do whatever you want.
it's only over priced 3 times it's assessed value. No big deal...
Millennial home owner. Because despite the "#woke" facade they put on, most are closeted racists. Im a libertarian leaning conservative in the midwest. I own the home i live in, in a predominantly black suburban neighborhood(mostly "church blacks") and my left-tard friends constantly ask me if I feel comfortable living in "that neighborhood". The irony is, the violent crime rate in my neighborhood(checked before buying) is significantly lower than in their garbage, hipster bugman, urban loft aparment shitholes. I closed on a 15,000 sq ft home here 5 years ago for 75k and my appraised value just passed 100k.
Based and redpilled.
Because low interest rates, access to easy credit and allowing chinks to buy property in the U.S has over inflated the housing market + low wages from globalization and mass immigration has made it so non-professionals have suppressed wages for decades.
gee why is that
that sounds pretty based
>450k assessed
>1.6mm list
????
Let’s not bash cigarettes and coffee now, most of them don’t smoke and what they drink can hardly be considered coffee at that point. As far as ROIs go coffee and cigarettes are a step above weed alcohol and Netflix.
*1,500 sq ft. home on a 6,500 sq ft.
plot.
most of the time also takes functional parents willing to co-sign credit, which most dont have anymore
KEKED
how do you relax?
Based,
Being 22 and into six figures from 0, our age group piss money like anything and get into debt.
I know nobody in my friend group has anything beyond 10k savings, when you include uni debt then its negative equity.
Not hard, just dont' be a retard.
I wouldn't buy a house as a UK when u can live with parents. Want to get at least 500k GBP before moving to a mortgage or anything.
GOOD WAY TO STAY POOR IS TO PISS IT ON SOME BRICKS SO IT CAN'T GROW.
BUT MY HOUSE EQUITY IS GOING UP SO IM RICH RIGHT.
For this much you can buy a compound in Big Sur, ca with your own water
>>they refuse to get 1960s sized houses
Sweaty, most of them live in houseshares
>>they refuse to move out of the city
To where
>>they refuse to cancel subscription services and delivery
Yes, cringe
>>they refuse to pick a degree based on market condition
Unadulterated autism
I want a 60's sized house, but even those are worth a fortune now too in my state. The entire market is fucked.
Not all cities assess for property taxes at the retail value. For example where I am thinking of moving a 200k house will say it is assessed for like 20k.
Lmfao
I just bought my mom a house this year. She's getting too old, and I want to repay the sacrifices she made so me and my siblings can have a future. Corona fucking up the planet seriously made me reconsider, but fuck it, mom's happiness can't wait.
That "house" looks like a fucking trailer. 1.6m? Fuck off you fucking portland soys
You are a good man user.
I guess people keep paying these absurd prices so it keeps going up, but where the fuck is this seemingly endless pool of buyers purchasing $550k and up homes coming from?
Debt
Chyna
Literal fucking npcs that save up $7000 from their service industry job for a .0001% down payment, then just borrow more for their $50k cars
From what I understand people are losing faith on the dollar due to all the printing by the fed so they are putting their cash in properties, precious metals and yes crypto. Anything to keep too much cash in the bank, the coin shortage situation is also making matters worse.