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/biz/ - Business & Finance

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55337090 No.55337090 [Reply] [Original]

>house under the highway goes for sale in my little New England town
>$350k
I fucking hate this world, I hope every real estate I vestor, landlord, realtor, mortgage broker, and Airbnb host gets fucked in the ass with a broken glass vase.

>> No.55337098

>>55337090
In the priciest real-estate markets, home ownership has almost become a type of "bizarre feudalism" in which the only way most people can afford to buy a home is if they receive an inheritance or other forms of financial support from family members.

If your parents were well off and had a paid-for home that escalated greatly in value, then you too can have a home. But, by the way, all of you people whose parents didn't own a home, I guess your destiny is a lifetime of serfdom. You will never own a home.

>> No.55337105
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55337105

>>55337098

Onions Green

>> No.55337121
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55337121

>>55337090
In New England as well. Barely have 3% plus closing cost. Salary is more than enough for $350k house. Every house in that price range within 45 minutes of desired location seems like there will be an appraisal gap that I can’t cover. New England market is god awful right now.

>> No.55337222

>>55337090

Advocate for higher property taxes and lower income taxes. Too many people are "landlords" and not productive. Nobody will buy houses at inflated prices if they the mortgage/insurance/taxes are higher than their monthly budget. End result is the cost goes to taxes versus a mortgage and decreases real estate prices. Even better since cheaper housing makes getting a down payment easier. I don't know how so many people fight against this while forking over so much money and never getting a house.

>> No.55337311

>>55337222
>higher property taxes and lower income taxes
doesn't work like that. Municipalities don't get their revenue from income taxes you would have to change the entire tax structure.

>> No.55337341

>>55337121
Thing is, I don't live in some new England metro either. It's literally a bum dick part of CT no one even cared about until COVID. Suddenly shitty colonials in towns with zero amenities are worth insane amounts.

>> No.55337365

>>55337090
>>55337341
post the zillow link you fucking muppet

>> No.55337403

>>55337365
I don't wanna get doxxed by the hacker known as 4chan

>> No.55337440

>>55337403
then your thread is fake and gay