Why aren't millennials buying houses?

why aren't millennials buying houses?

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buying a house is a meme

B-BUT WE HAD HIGHER INTEREST RATES ON OUR LOAN OF £2500 REEEEEEE DUMB MILLENIALS IT'S NOT OUR FAULT JEWS RULE THE WORLD

Make more money fag

why buy when you can rent

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seethe millenial faggots. us boomers did more then you will ever.

Looks like prison now just imagine your cellmate taking a shit a metre away from your head

yup they did. And now everything is already done/taken and all for us to do is to consoome...

I got more pussy ;)

Shelter should have never become an asset class. Limit multiple home ownership, tax the fuck out of people creating false demand

Because renting is cheaper

why aren't millenials buying horses?

compared to SP500 since 50's it's much, much better

and yes around 60s houses were around 3000, hard to see on the graph

In the 50s 1800

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>buying a house a few decades ago was actually better
yeah..and? I'm talking about right now frien

nothing about the assets has changed

but obviously LINK is the best, that's why I rent ;)

freddiemac.com/pmms/pmms30.html

they conveniently leave out the part where they refinanced their """"18% interest mortgage"""" in the early 1980s to

desu if you kept your toilet clean this wouldn't be that bad. Sort of like a luxury prison cell but without the loss of a freedom. If it came with a nook for my desk I would rent one of these for $300 a mo in a cheap area

based

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Street level window so that you can watch the world go by as you poop.

Comfy as fuck

poorfag cope

True, if you're homeless just buy a house.

In 1965 the average UK house price converted to Gold Oz was roughly 375oz.

Now, 55 years later, the average house cost roughly 150 Gold Oz.

Yet this old man has seen an %18,470%+ appreciation of the nominal value of his house between 1965 to and now.

Fiat is one hell of a drug.

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if you didnt let in 100000000 immigrants the prices of houses wouldnt have skyrocketed

This

Holy fuck how is this possible?

Thanks for letting all the non whites into the country and selling us to the Jews

Very based! Thanks Dad

based brave user

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imagine the smell

immigrants make up about 12% of the UK population, Germany 23%, USA 24% etc

It’s not just that but through the financialization of real estate you don’t even have to let the fuckers in to shit up local real estate markets. There are half a dozen towers within walking distance of where I live thrown up in the past five years with what looks like

can you explain this to an idiot? im struggling to get my head around it

did heroic amounts of drugs and let the kikes start the fiat ponzi in 1971, good job

all of you faggots are sellouts and listen to nigger music anyway, so glad they took your niggerball away

"Official" immigrants maybe
some fucking paki who was born there with his 12 gangbanger brothers is no longer an immigrant

Do people who rent their homes ever bother to work out how much better it would be if 70% of that monthly cost went towards paying off their own mortgage on the property, instead of somebody elses?
From reading biz, you'd think they don't. It's bizarre.
You'd yhtink

Of course they leave that part out. You can refinance into better rates but you can't refinance into less debt unless you're drowning. Also, 18% apr on $2000 is super spooky. Yikes.

Against gold house prices are not as high as against fiat, quite obvious but an interesting chart none the less