Why Aren't Millennials Buying Houses?
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Jews
>I got an idea, let's have this retarded thread again! Twice a week is a bout right, I'd say!
When the bubble bursts I will
Crypto is a better asset right now
Boomers are pigs
no money... Instead of having a gf whatever extra income I have I build BTC, ETH, LTC, and XMR.
>not taking the cave-pill
>property tax
do burgers really?
beats the fuck out of association fees or whatever it is rentees choke down after their monthly suppository
Boomers created housing bubbles to benefit from. Using central banks lowering interest rate, councils zoning, mass immigration and other tricks.
>be burger
>buy expensive house
>still pay 1550$ a month in property taxes
Also legit questions to burgers, what if you refuse to pay the property taxes, say you buy a house then lose your job but still manage to make 1500$ trading shitcoins, since you got no rent you can survive on that, but you won't be able to pay the taxes, will they take your house? take you to prison?
Rentcucks WILL REMAIN PRICED OUT.
>not realizing that Villanova is rich fuck central
More like why are you jerking off?
They’ll take your house
>be burger
>save up to buy big retirement house
How do burgers retire in nice houses if they have crazy taxes to pay every year? Seems like the ultimate cuck
wasnt 110k basicallt like 900k back then anyways?
idk man that price looks pretty reasonable for that house if it was in a suburb of chicago or some shit
i hate villanova. fucking new money kikes.
>oh look its this thread again
if you dont know by now user..
i have a bad feeling the real estate market is never going to crash. If too many people go into forclosure, the fed will just backstop the MBSs. There won't be a meltdown, there will just be a "melt up" permanently. All assets will keep up with inflation, and mainstreet will just get impoverished with inflation
just look at europe, they have multigenerational mortgages over there to be able to afford homes, the US still has a long way to go.
houses become cheap or free once hyperinflation starts. rich leave the country and all of their houses and rentals become up for grabs
The kikes learned from the last crash and have a bunch of safety nets in place. Other things will crash long before the housing market does again.
>the fed will just backstop the MBSs.
that doesnt stop evictions, it just bails out investors. the fed cant stop foreclosures or evictions
>the fed cant stop foreclosures or evictions
didn't they literally do that all year this year?
yea i know, that was my point. mainstreet is out on the street while the investors holding the mortgages are taken care of
no i meant MBS holders are bailed out.
not mortgage holders.
just live with your parents until you have a million dollars worth of bitcoin
WHY DO YOU HAVE TO MAKE THIS TUPID FUCKING THREAD EVERY GOD DAMN NIGHT. THE ANSEWRI DOESNT FUCKING CHANGE