/biz/ - Business & Finance

>>18930165
unironically just stop being a poorfag and it's easy

>>18930165
Boomers, zoning, and the federal reserve with its policy of “assets should always go up” policy.

>>18930165
This $70k in midwest

>>18930165
eurofag here, what is the average house price, in a normal area in the us?

>>18930302
No it isn't. Even in the midwest, a small house like that is $300k minimum in a safe and friendly (i.e. white) neighborhood with good schools.

>>18930165
Niggers
White people of modest means have no way of self-segregating. Any community they build is invaded by niggers.
The problem doesn't exist if you're rich because niggers will forever be priced out of living in your community.

>>18930165
kys nu-boomer
>>18930329
20 million dollars

>>18930302
Utterly untrue.

>>18930329
150k to 300k. This is modest.

>>18930329
Nobody publishes the real number because people would call them racist, but it's close to half a million. "Average" statistics in America include the large portion of our population that's non-white, so those numbers are pretty much useless.

>>18930302
>>18930344
why is /biz/ so black and white? this house is neither 70k nor 300k, probably somewhere right in the middle, depending on which town it's in.

house prices are determined by the proximity to niggers

>>18930346
redpilled and high IQ
>wife and i want a house
>set a budget
>shop for a month
>all houses in budget are in "diverse" neighborhoods
>raise budget
>have choice of modestly-sized brick houses in nice pure neighborhoods
>close this week, all we had to do was spend a little more to price out the riff-raff

>>18930559
>all we had to do was spend a little more to price out the riff-raff
And you can't do that without taking out a loan that you will be paying back from a large portion of your paycheck for the rest of your life and keep you from building your own wealth.

>>18930346
Ok retard

>>18930165
I just want this as a home office. Is that too much to ask for

Leave humanity behind.

>>18930656
>real estate equity isn't wealth
get a load of this guy

If nice houses were cheap, you'd have to live around poor people and shitskins. If you want to live in a nice neighborhood, you have to earn it. That means focus on your career and get really good at making money. That's all there is to it.

>>18930956
>buy a house for $400k
>end up paying $800k for it in principal + interest over 30 years plus $200k in property taxes
>no money left over from your paycheck to save or invest in anything during those 30 years
>house is worth just under $800k 30 years later
Yeah, great way to build your wealth.

>>18931053
lol. Thats why you get a 15 year loan. If you cant buy a house on a 15 year loan with 20-40 percent down, you can't afford it. Dont be stupid. Dont be house poor.

>>18931053
>dont buy house
>pay rent to landlord until you retire
>no more income
>still need to pay rent

The idea is that you sell your $800k home and move somewhere cheaper. If you can't save anything on top of your mortgage though, you bought too much house.

>>18930346
Literally this. People just don't like to admit it to themselves/others, so they'll use coded language like "good schools".

The real cost of living is much higher than it appears on paper, because you have to take into account what it takes to live in a nice area. That doesn't mean a rich area, it just means an area that's mostly white and not a crime-ridden nigger-infested shit hole. And then on top of that you have to factor in job availability and things like having to commute 90 minutes each way to your job that's still in niggerland.

>>18930344
You can get it for 150k-200k in the midwest, but jobs will be scarce and public schools are crap

>>18930967
That's true. It's just a shame that segregation is illegal, because then people wouldn't have to rely on roundabout bullshit like jacking up the price literally just to keep niggers out.

>>18931074
correct. that's why we could afford to spend a little more.

>>18931053
since we are doing thought experiments, compare my 400k house to your paying rent for 30 years. at the end of 30 years, you'll have pissed away hundreds of thousand and own NOTHING, and I'll own a house with land.
Middle class pays the interest, lower class pays the rent.

>>18930344
Are you kidding me? That house is 150-175K TOPS in west Michigan (extremely white christian conservative).

>>18930165
Honestly if you're renting you might as well be in debt. You're just paying some other niggas mortgage when you could just pay your own

>>18931053
not to mention, we put enough down so that our 400k brick house mortgage is probably a lower monthly payment than your chipboard suburban "luxury"cuckbox

>>18930344
4-500k if 2 story in the Midwest Tbh

>>18930542
based and truthpilled
check out my extensive research of my state

>>18930344
I bought a house like this in a nice, white neighborhood near Lake Erie for $50K, put in a little work and sold it for $103K. It's out there.

>>18931401
>I could just buy a house in Detroit
I didn't realize I was rich.

>>18930165
Capitalism has turned America into a deindustrialized developing tier country. Capitalism has failed.

>>18930797
Go back

>>18930165
Not hard at all. Start with a 15 year loan.

>>18930165
>Endless immigration+foreign buyers keeping demand artificially high
>Post-WW2 boomer philosophy of "housing price must always go up"

>>18930165
it's 100% because of money printing and devaluing people's savings (inflation) which forces people with savings to flee with their capital into something that cannot be printed out of thin air which is real estate thus driving prices through the roof.
The banksters keep printing money, the smug landlord keeps squeezing you like a lemon and YOU GET NOTHING GOYIM,
the dreams of a what picket fence, wife and children? NOT FOR YOU GOYIM

>>18931401
Is Detroit as shitty as media portrays? I can't imagine someone would break & enter for no reason if I'm not involved with gangbangers, and the high probability of me posessing a gun.

>>18932208
Drug addicts don't behave rationally. They'll break in just to eat some of your food and steal a few tools to pawn.

>>18932091
When we do a post mortem on our society in a few decades the endless brown immigration will be remembered as the most treasonous of all the boomer’s sins