/biz/ - Business & Finance

>$3000 per month for a one bedroom apartment
Nowhere on earth is rent that expensive lmao

>>50859581
>huge ugly cardboard box wrapped in plastic
are american homes really?

>>50859603
Nyc

>>50859581
Nah I will be leaving the country instead. Enjoy your shithole, mutts.

>>50859633
yeah but salary is probably extremely high too to make up for it

why are amerimutts afraid of bricks? all i see is wood and plastic. you life in cardboard boxes and wonder when the house gets destroyed by wind.

The market is healing

>>50859603
You are one dumb fuckin piece of shit.

>>50859581
Nope. Don’t buy less than 2,000sqft. Especially at that price. You’ll thank me one day.

>>50859581
that's likely in an area where most jobs pay $20/hr max
>DUDE JUST BE A SELF TAUGHT 3 SIMULTANEOUS JOBS OVER EMPLOYED FAGMAN FULLY REMOTE CODENIGGER LIKE ME AND MAKE $1.73T/YEAR WHILE ONLY WORKING 35 MINUTES PER MONTH LMAO

>>50859677
Lol wtf, do americans really? I only pay 1.3k per month rent

>>50859665
On the pacific coast we have earthquakes.

>>50859665
mexican day laborers no comprende masonry

>>50859581
Imagine having to mow all that lawn. Am I just not boomer enough at heart?

Everyday I see more and more of these. This is a OpenDoor house.

>>50859710
zero turn riding mower could blast through that in no time.

>>50859737
Oh that's good then. I only have a little bit of lawn so just have a regular lawn mower.

>>50859733
Makes me want to email the realtor and offer them something pathetic like $250k just to make the owners heads spin.

>>50859674
from 160k to 480k? jesus. americans really got rich quick and now everyone is paying the price

Holy prices reduction batman!

https://www.zillow.com/homedetails/2028-S-College-Ave-Tempe-AZ-85282/7588281_zpid/?utm_campaign=androidappmessage&utm_medium=referral&utm_source=txtshare

>>50859812
there’s 8 years in between those sales dumbass

>>50859697
Mexicans in Mexico make their homes out of steel and concrete. Much better than shitty generic European “stone” that you can’t build high with.

>>50859733
Yikes

>>50859603
>nowhere on earth is rent that expensive lmao
Jeez, anon.. really?
This flat in London is 1 bedroom and costs £2427/month which is $2966/month
That's the first one I looked at. There are ones way over that.
Where the fuck do you live, anyway? Detroit?

>>50859784
We should just raid OpenDoor with $250K offers. Wast all there fucking time.

>>50859951
woops forgot link
https://www.rightmove.co.uk/properties/124508930#/?channel=RES_LET

>>50859887
mexicans life in mudhuts, i have seen it in speedy gonzales cartoons

>>50859603
Or how about this one at a mere $34k/month? Yes... per month.
https://www.rightmove.co.uk/properties/117308804#/?channel=RES_LET

USA housing prices are crazy.

>>50859581
Depends on location and size of lot. The house itself is likely low quality materials constructed by illegal immigrants.

>>50859951
>>50859967
>>50859677
I feel like only women rent in these kinda places.

>>50859603
Try London right now

>>50859581
that house was $75k two years ago

>>50859665
come to Saint Louis or anywhere else in the Midwest if you want brick. Unironically we're on a the New Madrid Seiesmic Zone.

>>50859581

I saved up 60k in cash to buy a 440k house after only 2.5 years of working when I lived on my own paying 1400 a month rent, only making 80-90k for most of this time, paid off my 27k in student loans, and also had a 350 a month car payment. It’s doable. I saved on average 2500-3000 a month.

>>50860765
lol you must have lived on rice and beans

>>50859603
Excellent bait, have a (you)

>>50860784

Ehh I ate out for lunch pretty much every single day at places like subway, chipotle, Starbucks, etc. The areas where I was very frugal were dating, travel, buying gadgets, clothes, hobbies, etc. I pretty much only worked, played vidya on my 5 year old gaming PC, and hung out with friends or family at their places. I didn’t have a gym membership and would go on jogs several days a week for exercise along with basic push-ups, pull-ups, planks, etc

>>50860864
well i don’t believe you frankly
the math doesn’t check out

>>50860864

Also 6 months prior to buying the home I got a new job paying 180k with a 15k sign on bonus, but by this time I had already saved most of my cash

>>50860897
Sounds like a chick getting daddies money.

>>50860864
I wish I could go cocoon mode but my normoid friends have to comprehend reality if they don't go out to bars to get blackout drunk 3 days a week.

>>50860897

When I made 80k I took home 4800 after tax, I got a promo to 90k within a year of working so take home went up to around 5400 a month. Overall expenses were a constant 2700 a month. I got a few small cash bonuses totaling 5-10k pretax during this time. Then the final 6 months I started making around 8k a month after tax (tc was higher but paid out irregularly due to bonus schedule). First 2 years I saved around 55k, last 6 months I saved 40k or so. In total this is a bit over $90k, I had 27k in student loans to pay off + 60k cash for my house DP, so the numbers are roughly even.

>>50860765
>>50860864
>>50860908
Basically the same here, except
>saved up 120K in cash
>bought 880k house
>after only 1.25 years of working
>paying 2800 a month rent
>only making 40-45k for most of this time
>paid off my 54k in student loans
>also had a 700 a month car payment
>saved on average 5000-6000 a month
>also got a new job paying 360K with a 30k sign on bonus

>>50861045

Doctor?

>>50859684
>Only
We need to start killing landlords

>>50859603
Here 3000$ a month for a furnished 1 room Apartment is cheap! Greetings from Paradise Switzerland

>>50859603
I live in Montana, an area that is being HEAVILY invaded by califags right now, and its not 3000 month for apartments, but its over 2. Hell i know one guy who rents out his unfinished garage for 1300 a month and there was a waiting list to get in....ts absolutely evil what the califags are doing and it is absolutely evil what all these greedy landmaggots and realtor parasites are doing. Forever ruining our birthright by selling it for ungodly amounts to outsiders who intend on ruining it like they did California and WaSHITington and all for greed.

I hope and pray things go tits up so bad that people are eating each other in the streets 5 years from now

>>50859642
>>50859603
>Nowhere on earth is rent that expensive lmao
>yeah but salary is probably extremely high too to make up for it
you are soo fucking ignorant holy shit anon

>>50859665
The area i live fluctuates from -40 to +35 every year.
The wood and drywall has room to beeath, expand and contract with change in temperature and humidity.
Once brick starts shifting you're pretty much hooped.

>>50861312
start abducting caliniggers, dumping them deep in the woods, and hunting them for sport.

>>50859832
>7/8/2016 Sold $312,000 (-5.2%) $132/sqft
>11/29/2021 Sold $585,000 (+87.5%) $248/sqft
>8/11/2022 Price change $521,000 (-6.3%) $221/sqft

Wow, a speculator overpaid for a house in a likely bidding war during one of the hottest markets this century. Who would have guessed they may take a hit on it!

>>50859603
>>50859642

>>50859674
What kind of a cunt buys a house and then lists it for sale a few weeks later.

>>50859581
I have almost $300k in my brokerage account (the rest is retirement) but there’s no fucking way I’m over paying for a house.

>>50861768
The same kind that crucified Jesus

can't wait to swoop in on this great deal for a 2b1b condo in beautiful newport beach

>>50859603
>get a job in CA
>cushy six figs, IT
>after taxes is ~75k
>lol whatever
>I'm in a 2bed 2 bath, rent for a 2bed 1 bath is $2800k for shit tier
And that's how I decided to back out of that.

>>50859684
I pay 200€ per month and I live on a city in a first world country

>>50861509
Its only a matter of time before i shoot one in a road rage incident. Other people move here and attempt to assimilate and get along...west coasts moves here and act like my little country road is rush hour in LA or something and 55mph means you can go 85 and no matter what is ahead they cant slow down or stop

>>50861882

oof someone is losing 45k

oops an a flipper got flipped upside down

I hope his wife doesn't leave him.

>>50863855
Lets offer him $249k

>>50862104
t. Bulgarian

I pay 1300 USD pm rent and I live in a city in a third world country. It's a one bedroom penthouse.

>>50863855
Oh no no noooooo HAAAAAAHAHAHAHAHAHAAH

>>50859674
>>50859694
>>50859733
>>50859832
>>50863772
>>50863816
>>50863855
Damn it is so nice seeing flipper/investors losing money after running up the housing market.

>>50859603
no one on earth is this stupid

>>50863954
But yet we see people selling houses for less than they bought them after just a few weeks

>>50864047
Please post more holy shit

>>50859665
America doesn't have a lot of clay that's suitable for making bricks, but they do have a fuckton of wood.

>>50864165
Just for you <3

>>50862104
I pay 0 because I live with my mummy and daddy

In fairness. I am cherry picking homes. There are tons more homes that were bought last year and are for sell with a 100k mark up. Hopefully in a few months they will get fucked too.

>>50864284
Here is the perfect example. A flipper bought it last year and probably did a lot of work on the house. We will see if he can sell it if it will just sit on the market.

https://www.zillow.com/homedetails/307-E-8th-Dr-Mesa-AZ-85210/7632815_zpid/?utm_campaign=androidappmessage&utm_medium=referral&utm_source=txtshare

>>50863816
I don't understand this, how could it be worth it even if they sold it for their initial asking price? 12k increase minus taxes and any work put into staging the house, listing it, dealing with showings, what the fuck are these people retarded?

>>50864428
10k even lol

>>50864428
>>50864450
What probably happened is they are using a gap loan. It is a short term loan with a very high interest. They need to move that house fast weather they make money on it or not. If they been flipping the last few years they have enough to cover the loses for this one home. God help them if they have 5-7-8 homes in the same situation.

>>50863772
>>50863816
>>50863855
>>50864047
>>50864203
>>50864284
>>50864362
saved

>>50864362
>$1.00 price change from $450,000 to $449,999
>less than 1% price drops for months
I hope someone drives nails into his balls, what a fucking kike. It should be illegal to own more than two single-family homes on penality of 25 years in pound-me-in-the-ass fed prison.

>>50864561
This fucking thing is less than 1000sqft in Mesa AZ. It is not selling

https://www.zillow.com/homedetails/423-S-Stewart-Mesa-AZ-85202/7604665_zpid/?utm_campaign=androidappmessage&utm_medium=referral&utm_source=txtshare

>>50864602
It is a manufactured home built in 1959. It is in the shit part of town.... yeah it is not going to sell for anything over $300K

>>50864602
>that (((yard)))
Do southwesterns really?

>>50864660
Well to keep the grass green in 115f weather it takes a lot of water
https://www.zillow.com/homedetails/1538-W-1st-Pl-Mesa-AZ-85201/7610950_zpid/?utm_campaign=androidappmessage&utm_medium=referral&utm_source=txtshare

What is going to happen to all the flippers?

>>50860462
time to move there and bang all of them

They are selling it for 1k more than they bought it for.

>>50865056
They will only put out if you help pay their rent.

>>50865066
https://www.zillow.com/homedetails/4376-E-Lexington-Ave-Gilbert-AZ-85234/71615056_zpid/?utm_campaign=androidappmessage&utm_medium=referral&utm_source=txtshare

>>50859603
Miami Florida USA
If you want to live in the city for some dumb reason

https://www.zillow.com/homedetails/4377-E-Morrison-Ranch-Pkwy-Gilbert-AZ-85296/125123519_zpid/?utm_campaign=androidappmessage&utm_medium=referral&utm_source=txtshare

$40k loss

>>50859887
Spis clive in concrete cinder blocks stacked on top of each other and a sheet of metal for a roof held on with large rocks.

>>50865118
>>50865144
wow, no one wants to live in the desert
who knew

>>50865229
Flipper is 16k under

https://www.zillow.com/homedetails/849-W-19th-Ave-Apache-Junction-AZ-85120/49453187_zpid/?utm_campaign=androidappmessage&utm_medium=referral&utm_source=txtshare

>>50865260
Forgot the image

>>50865118
>>50865144
>>50865283
>buy high sell low

>>50859616
>here's a portable toilet on 1 acre of land and a tent
>that'll be 250,000 dollars plus tip

Seeing these bag holder makes me so happy

The housing market is not crashing.

>>50861312
What's horrifying is that christniggers think giving away a birthright for their own ends is a god approved moral right.

>>50865671
Fuck you dad. I waited to buy a house until I had 9 months of expansive and could put 20% down. THEN THE FUCKING HOUSING MARKET DOUBLED OVER NIGHT.

OOOOH MY LIL ZESTIMATE DOING SUMFIN

>>50859784
>>50859952
If I knew how to do this and make it sound legitimate I would

>>50863855
>>50864047
it's over

As someone looking for a house in the phoenix/mesa/gilbert area, this brings me great pleasure to see flippers getting btfo. I have time to wait and watch them sell for pennies

>>50863772
lol textbook rentoid brain
>buy at $258k
>wait five years almost to the day
>sell for +109.4% total return
>probably in a 3.5% mortgage at worst, achieve a 16% CAGR
>next guy has held for one month, the market hasn't even begun to start moving in his favor again
>"lol u lose"
lmao retard can't see even 11 months into the future to getting his security deposit back nevermind understanding this

>>50859684
Obviously you've never been to Aust- eh I mean new Asia.

>>50859581
Haha

>>50866333
>>next guy has held for one month, the market hasn't even begun to start moving in his favor again
I think that's a bit of an understatement anon...it dropped 8.5% in a month

>>50866180
You don’t want to live down there… it’s shit.

Live north of 101.

>>50866563
Used to live there and it was great, but my commute to friends/family/work would be 40 mins+

>>50860897
>>50860864
ive been saving an average of 20k a year for the past 7-8 years
my salary was 50k then and is 90k now
living in my 2nd house, plan to move into the one i fucking die in, in about 5 years.
im 38

>>50863931
And now they all get to be audited by the IRS.

>>50864660
>>that (((yard)))
Arizona is a fucking desert, anon.

>half of dozen house in local suburb for sale for months
>incremental price drops
>august, houses start dropping double digit %s to undercut each other.

OH FLIPPEES

>>50865534
nature is healing

>>50867154
Rrrrreee

>>50863931
I know several people who fomo'd hard into real estate AND crypto during the top last year lel, it'll be fun watching the seethe in the coming months. There's no way the real estate market could sustain the levels it was and still is, there's going to be a hard correction soon

>>50859603
Have you lived under a rock since 2019?

>>50861312
It's criminal. They should be put up against the wall.

>>50859737
Be better if it was all garden with stone paths throughout it

>>50859603
it literally is for any Long Island apartment complex

>>50859616
post your domicile

>>50859674
lol the great sell off hasnt even begun yet; you fuckin real estate douchers are hilarious

>get 30 year loan
>measures the market in quarters of the year

talk about myopic lol

>>50859665
what is easier and cheaper, building 50sqft of wooden studs and drywall or 50sqft of brick? i get you are trying to flex but this is always such a stupid question

>>50861882
Jews are smarter with their money than that. Was probably a nog that thought he could be a new fridge and flip it immediately, ignoring realtor fees/sale costs.

>375k for a 3bdr 1600 square foot cuckshed
Unless that has like 10+ acres of land that is a bullshit price.

I can find homes in rural areas of the south that are much nicer, actual brick houses with 5+ acres for $400k.

>>50869778
I wouldn't mind buying one of those when I retire. But I need a house close to my job.

>>50861849
If the housing market dropped to be in line with 2019 levels. I would say try to buy as many properties you can. Fun fact they won't. Lots Investors waiting on the side lines to buy houses the moment they drop in price.

>>50859581
>You have $75,000 cash for a down payment, don’t you?
I have $500k cash

>>50859581
I pay 600.

>>50859581
What a shitbox.

>>50859581

I like how you cropped out how many acres of land you were also buying.

>>50859616

Yes. New American homes are actually garbage, unless you dump a shit-ton of money into a 2x6 frame, brick house, up in the northern states (2x6 isn't used in the south).

My dad worked in the construction buisness, a lot of new American homes can literally be broken into by cutting a hole open in the siding with a box cutter.

>>50861312
>Forever ruining our birthright by selling it for ungodly amounts to outsiders
Funny enough didnt you do the same to Native Americans?

>>50862148
White people move to brown countries and colonize their countries.
You did it with Africa and North America and South America.
Stop crying, maybe you should learn to collectivize and fight harder for your land.

>>50859636
Pretty much this

>>50867937
>what is easier
What a pathetic excuse of a man you are.
Laying on the ground is easier than building a house by that logic.

>>50861474

I live in a similar climate. I've seen brick houses built in the 1920's that look completely fine, almost brand new. Meanwhile, vinyl homes built in the 70's are already falling apart. So, I really have no idea what you're talking about.

>>50859581
WTF did boomers do to your housing market lmao

>>50866898
I guess there is a silver lining after all!

>>50870465
I cropped it out because faggots get too caught up on which state ect…

>>50870590

Ya, that's a total rip-off. That's too bad, because it looks like a pretty area.

I honestly can't stand the look of vinyl siding, it's ugly as hell and it's almost every damn house in the United States. I'll never live in one. I wouldn't mind if people used vinyl thst looked like stone, but just that ugly, basic, flat color across the entire siding is just hideous.

>>50859581
I'd go live under a bridge if it meant I'd never see my neighbors again, I'd go so far as to invest in memecoins like vinu to get quick cash and get the hell out of here

>>50859581
>Save your pennies and maybe someday you'll have a zestimate.
Who are we fooling? No rentoid will ever have a zestimate because all rentoids are morons about money.

50870470
50870486
50870499
Cope

>>50859677
People should stop coming to AZ. It already sucked here, and as more people move here, it gets worse.

>>50859603
It is in california bro.

>>50873587
have local wages (not wfh technigger bullshit) even come close to catching up with the rise in cost of living? i work in accounting/finance and briefly considered moving to phoenix, tucson, scottsdale, etc. like 5 years ago but the wages were shit compared to the cost of living, even back then.

>>50870499
Based and checked ground-layer

>>50873846
I got a $2.00 raise randomly about a month ago. Rent went up 15% to $1,580 for a one bedroom.

>>50859603
What parking lot down did your crawl out of?

>>50870326
Sorry anon, but you need $75,000.

>>50870326
She needs a good nakadashi

>>50870035
no there isnt a bunch of investors ready to buy

the artificial demand was sparked by those investors getting cheap credit from giv

money printer off = cash costs more, everyone owes right now debt

>>50859581
i make 135k but i had to move back into my parents house to save for a down payment, its bullshit

>>50859603
i’m from London and you have offended me greatly

>>50877200
shove it up your bloody cunt

>>50859684
I pay $750 a month mortgage for my 3bed house.

>>50859581

No I bought ZOM

>>50859633 oh you mean average Toronto rent?
also fuck Toronto what a shit hole, get a place as far away as you can from there

>>50860668
Fuck off. Quit telling people to come here. I'm more than content being a "flyover state" that is free from Californians

>>50859684
In California, I paid $850 for a studio 8 years ago, and now I pay $2400 for a 1 bedroom apartment. Don’t think it’ll happen to you? Do everything in your power to buy a cheap house somewhere in the middle of nowhere and escape this hell.

>>50859665
It's not an American thing, it's a human thing, common all around the human world. You wouldn't understand shitskin

>>50865260
What would be cool is knowing who the flippers are following their trades and find the ones who are desperate and offer them at least 20k below their buy point. Kinda like shorting their buys. Cheapies for me.

>>50861045
>only making 40-45k for most of this time
>saved on average 5000-6000 a month
where's the math

>>50864660
Nah, most look something like picrel if they're not slumlords (that shack was a rental originally) or poorfags/spics.

Bosniafag here. There's literally peopke over here that sell 10 acres of land + a decently sized house for 20k USD
How the hell is your housing market so much worse?

>>50861768
lots of them, and they're holding massive bags in my area right now. houses are cheaper here so any mongrel with 30k can do it. therefore, a lot of retarded people cornered the market last year. they lose when the market cools down, and everyone else loses for obvious reasons.
i keep an eye on sold listings and i see houses go back up, sometimes without even new photos or a coat of paint, within a week of sale for minimum 20% more money.
I agree with >>50861882

>>50860462
Yes, they do. They also max out their credit cards if they're single.

>>50864660
I miss AZ

>>50867338
Yep. Still a fucking desert.

>>50881547
If i buy a vacation home there. What are the odds my wife and daughters will be raped? Asking unironically.

>>50859581
>>50864165
different anon, but I have been watching this house for a month, but only because its a dumpster fire (the inside was literaly set on fire).

I even went and searched the public records, and the flipper is an LLC named SANDIEGOBUYHOMESCASH. So it's one of those predatory companies that you see on freeway on ramps. I'm exstatic to see that they are gonna lose five figures (and potentially six), now that the market is normalizing

>>50881547
the first world is just a giant jewish auction house

>>50881547
Because we don't live in a complete shithole

>>50859642
>instantly moves the goalpost

>>50881547
When rich attractive people in America start moving to Bosnia, then your prices will go up.

>>50882446
>2020 for 275k
>2022 for 450k

who sees this type of thing in the price history and even entertains buying?

>>50870486
They are better off

>>50859642
>>50859603
love how you triggered dozens of citycuck retards with impeccable logic
>make $120k/y
>waste it all on avocado toasts, hatsune miku figurines and other gay shit
>"ohh noo woe is me i don't have $75k cash for a downpayment"

>>50882488
I hate this fucking world. People are so fucking stupid and they ruin things for everyone else because of it.

>>50882514
You underestimate the HUSTLE and BUSTLE

>>50882514
seethe more ruraltard

>>50866563
>He didn't get property next to the newly renovated PV Mall
Well, we can't all be me, now can we.
Peoria is pretty comfy though.

>>50859581
Feels good to live in the only decent county in CA.

>>50859581
yes, i do

>>50882508
i have no idea. There are a few properties I am interested in, that got by flippers for like half of what they are listing at, but the sale doesnt show up on zillow/redfin/etc because they have somehow hidden the public transaction. I have thought about joining the real estate wesbite, so that I can push add the correct data, and have it get pushed to zillow/redfin.


Oh, the previous pic wasnt the dumpster fire. Pic rel is the dumster fire. It didnt show up cause its fucking pending sale. Jesus I almost feel bad for whomeever paid almost $400 grand for it

>>50882668
>some assembly required

>>50859603
Oh boy are you in for a surprise when mom and dad cut you off.

>>50882668
>>50882750
Here's one for ya

>>50882668
what would a similar non fucked house be worth in that hood? it would be annoying to fix but relatively cheap and you could do most of the work alone

>>50859603
people haven't ragged on you nearly enough, but come down to Palm Beach/Miami and get alook around

>>50882421
Depends if you buy it out in the countryside/tourist trap city, or an area where migrants run amock. Either way, we have some of the lowest rape rates in europe, so it shouldn't be much of a problem
>>50882450
Yeah you just live with black people

>>50882849
are the birbs included in the deed?

>>50862148
>>>/pol/ pls go

>>50883263
Kalergi Plan, faggot.