/biz/ - Business & Finance

>>49340970
Boomers and immigrants

>>49340970
Just get a loan dickheads. Thats how boomers all did it. Did you think they saved up 200k and paid cash? They kneeled to the Jews the same way you will.

Inflation, cheap labour and more competition

>>49340970
https://madattheinternet.com/2020/07/20/brave-new-world/

>>49340970
Why muricans can't build real houses?

>factory
>mon-fri
>8 hour days
You have never worked in a factory or known anyone who has.

>>49340997
>Did you think they saved up 200k and paid cash?
do you have any idea what kind of house 200k bought in 1960
fuck you btw

>>49340970
I just didn't fuck around in school, got a worthwhile degree and now make 150k/yr. I just bought a 4 bedroom house about 25 mins drive away from a major city. I feel no sympathy for retarded slackers. You should have seen this coming.

>>49341035
Ditto

>>49341035
My dad owns a multi-millionaire house and multiple investment properties that are all family homes. He left school at age 13 to goto trade school and work as an air-conditioning technician. All of his assets have been paid off for at least 2 decades now.

You tried hard in school, got higher education, god a top 10% income, and bought a house with massive amounts of leverage that you will be paying off for 30+ years and you'll be lucky to ever own more than that all with a high ambition education and high ambition top 10% income.

>>49341025
I have a degree in electrical engineering and actually worked 9 to 5 in a cement factory for a year. It's shit and the pay is shit.

>>49341085
That's hardly the same as walking there and asking for a job with no effort.

>>49340970
>You could buy pic related in your dads generation by just not being lazy, walking down to the local factory, and asking for a job
You could do the same now with 50% less taxes, 90% less money printing, and 90% less regulations on the housing market.
Now most of your money goes to jobless niggers, single moms, and big bankers.

>>49340970
overpopulation

>>49341034
>do you have any idea what kind of house 200k bought in 1960
Dollar's purchasing power were 6 times better. So that's a 1,2 million dollar house today. But I think houses were relatively cheaper back then so you could have bought an even better house.

>>49341177
>Overpopulation
>All the competent first world groups are about to halve in population size over the next few decades
Keke

>>49340970
i could and i will but not now lol. keep hodling your bags, boomer.

>>49340997
>Get a loan while interest rates are about to moon and housing is sky high.

>>49340970
I know, so when is the housing market going to crash?

I want to buy a house.

>>49341879
Never. You’re priced out rent cuck

>>49340970
That's false. Basic homes built in the 60s and 70s we're utter garbage. 2x6 floor joists spanning 10-12 feet, sometimes 24"o.c., 1/2subfloor, minimal regard for roofline rigidity and shit electrical and a bunch of illegal plumbing shit

You can still buy a new build in most towns working 9-5 if your wife works too

>>49340970
>Why did this happen?

>>49341076
This sounds like cope desu. That anon has done well for himself and for (I assume he has) his family. Your father is a minuscule % of the population. You don’t need to be a multimillionaire to be happy and fulfilled you know.

>>49341025
kek this. i worked in a factory for 2.5 years. swing (rotating shifts). i can't even remember what the normal shift was, but when they wanted to increase margins they would drop from 4 teams to 3 teams and make us work 10 days on 3 days off e.g. 10 days of nights, 3 days off, 10 days of mornings, 3 days off, 10 days of evenings, 3 days off. this usually turned into 11 days on 2 days off with several days of mandatory overtime (12 hours.) and no, you didn't stack overtime by working "11 days in a row" because the work was scheduled such that the 11 day stretch was never more than 5 or 6 days within a single weekly pay period.

>>49340997
>Thats how boomers all did it.
Dishonest faggot. Boomers DID pay cash and houses used to be $50k or less.

>>49341025
>t. arrogant mouth breathing factory worker living paycheck to paycheck
Better listen to the bum

>>49340970
Sorry my dad is black, so thats not the case.

Also OP is a wagiecope whitepilled punk.

>>49341035
Based. I did the same thing and bought my first house last year at record low interest rate.

>>49340970
it happend because were slaves and we need to work harder for less every generation untill were so tired of it they come with a solution (wich isnt a solution for you but...) where you dont have anything but will be forced to be happy with nothing. if ur a good boy you can rent something with the social credit

>>49341035
it will take a few years and ull be down the drain aswell. you will make alot of noise falling down. because you dont get that they dont need you any longer.

>>49341022
They can. They just dont need to when they can build everything out of cardboard and people still pay top dollar for it.