You will NEVER own a home

[Anonymous No.50909409]

This is who you are competitions with for single family homes these days. And this is the MEDIAN example of who you are competing with.

All over the US, schlubby, mediocre, grotesque middle class wagies get married to each other and have a 150-250k combined income. They are often spending 4-$7,000 monthly on a house when you tally everything up. And guess what? They can afford that.

There are no stay at home parents anymore. If you’re a single guy and want a house you need to be earning about 2.5x the median individual income in your area.

Public school teachers, accountants, “analysts” (nobody knows what they’re analyzing, themselves included), engineers, marketers, all of these bullshit jobs held by a husband and a wife pairing will financially mog your shitcoin trading ass into oblivion. It’s a war of attrition, you might’ve outdone them for one year, but they’re fully prepared to work for 40 years straight. You really think your shitcoin trading can outcompete a 225k annual income that grows by 2% yearly for 40 years? Lmfao.

Oh, and if you have the misfortune of having “tech companies” in your city, just leave now, you’ll NEVER outcompete those people. They are direct beneficiaries of the QE spigot, those companies are giving them Doctor tier compensation to do…nothing. “Project managers”, “software engineers”, “scrum masters”, if those are common jobs in your city you need to find greener pastures because you should expect your city to experience 15%+ inflation YOY , forever.

[Anonymous No.50909423]

>CAPSLOCK
didn't read/reported

[Anonymous No.50909473]

God Damn. Please accelerate the economic collapse. Please flush out all this excess. Flush away the bullshit service economy and bullshit jobs. Please put women in their place (at home). God damnit please!!!!!!!

[Anonymous No.50909526]

>>50909409
So just buy it for half the price when they inevitably go bankrupt.

[Anonymous No.50909553]

>>50909526
But do they go bankrupt? It appears from the post, that they can very well afford it and even if they go bankrupt, there are many more, that make as much money to buy the property

[Anonymous No.50909571]

>>50909409
>Public school teachers, accountants, “analysts” (nobody knows what they’re analyzing, themselves included), engineers, marketers, all of these bullshit jobs held by a husband and a wife pairing will financially mog your shitcoin trading ass into oblivion. It’s a war of attrition, you might’ve outdone them for one year, but they’re fully prepared to work for 40 years straight. You really think your shitcoin trading can outcompete a 225k annual income that grows by 2% yearly for 40 years? Lmfao.
I hold chainlink, a single chainlink token will be more valuable than the entire career of a wagie.

[Anonymous No.50909616]

That only works because they don't have kids. The wife cannot quit her job and they can't have kids or that entire things falls apart.

[Anonymous No.50909643]

>>50909616
And now that she has a house she's going to be craving a baby

[Anonymous No.50909679]

>>50909616
They absolutely can, and they are right now.

A family earning 150k (again, this is EXTREMELY common, it’s basically average now) will pay ~30k in taxes and be left with ~8-9,000 a month after health insurance. Put a grand in a 401k, pay a grand in food, pay $2,000 for daycare, pay $4,000 for a house+tax+insurance and you might have 500 left over for other stupid shit that families need. You just can’t compete with this level of insanity and derangement unless you’re a high earner yourself.

[Anonymous No.50909701]

I don't understand America. Everybody earns so much but seems to have such a low quality of life

[Anonymous No.50909732]

>>50909409
>You will NEVER own a home
Maybe if you're a zoomer. I'm sitting in my own 2000 sqft home right now. Stay salty and poor

[Anonymous No.50909742]

>>50909679
Sounds absolutely miserable to have so little money for an entire month. It works as long as the man is okay with being a complete drone. There's alot more expenses that we're not even mentioning here.

[Anonymous No.50909743]

>>50909679

It's far from common, even with wage inflation in recent years, median household income in 2021 was $80k.

[Anonymous No.50909755]

>>50909409
Own house. Never selling.
Will buy more.

[Anonymous No.50909766]

>>50909701
Have you interacted with the average american? that will answer all of your questions.
yeah there's some truth in the expensive healthcare / student loans memes, but overall they're unbelievably good at pissing it away.

[Anonymous No.50909770]

>>50909743
It's a demoralization thread anon. Let it slide

[Anonymous No.50909782]

>>50909409
>You will NEVER own a home

Nigga please. Literally dont buy a home in SF and youre fine. You can easily find affordable homes in the USA, people are just too dumb to look around.

[Anonymous No.50909792]

>>50909526
no they won't. If somehow hell freezes over and they do, then their ass gets bailed out, not you.

[Anonymous No.50909799]

>>50909782
>buy in a flyover shithole
Nobody wants to live around meth heads and rednecks, the only places worth living are big cities really only SF LA and NYC.

[Anonymous No.50909812]

>>50909679
>this is EXTREMELY common, it’s basically average now
lmao

[Anonymous No.50909821]

>>50909770
/thread
if they honestly cannot make $12K/month work when I can make less than 1/4 of that work for the same things (401K, house, truck, etc.), then they deserve to fail.

[Anonymous No.50909850]

Why do hardly any normies understand that when you pay a mortgage the money isn't flushed away like rent but goes into equity in the home? These retards unrionically think they are losing $3,569 a month when in reality they are being forced into investing $3,000 a year and paying a bit of interest which at least can be tax deducted

[Anonymous No.50909851]

>>50909782
I live in Mountain View .. every time everyone spouts off “just don’t live in sf just don’t live in the bay area lol easy I live in a 2000sq ft house my mortgage is 700$ a month” I wanna die. Also take a look at rent in my area

[Anonymous No.50909885]

>>50909821
They are making it work…who said they weren’t? My point is that’s average, that’s who is buying homes. It’s two dopes in dead end middle class jobs getting married and paying $4,000 a month on a half a million dollar mortgage. That’s the middle class now.

Everyone gets so tied up with the numbers or prices that existed when they were kids that they refuse to actually look around and see what is happening around them as we speak. It’s the reason boomers think entry level employees are overpaid, it’s why they think a $15/hr job is amazing, it’s why you can’t imagine forking over 4k a month for a home. But that’s just the reality of the situation now, that’s how much things cost, a $100,000 salary is LOWER middle class, $150,000 combined is realistically what you need these days. And as we can see from my other post, that’s basically right at the edge where you’re barely treading water.

[Anonymous No.50909912]

>>50909571
>chainlink
LMAO shitcoin hopium, post selfie when devs rugpull on your ass

[Anonymous No.50909968]

>>50909912
You hold link.

[Anonymous No.50910004]

Everything OP said is right. I am a geologist make $50k, somehow by the grace of god closed on a 4br/2ba house in the midwest for $1,400/mo, and now I am frantically racing to reinvent myself as a project manager to catch up as I am starting to fall behind a few hundred every month.

[Anonymous No.50910077]

I’m going to keep living with my parents. I’ll never get married or anything so I don’t really care. I’ll buy a townhouse or condo at some point. Maybe in five or so years.

[Anonymous No.50910102]

>>50909409
>tfw you live in a rent controlled apartment in one of the most expensive areas of manhattan

[Anonymous No.50910122]

>>50909409
>Buy a house for $450,000
>have to pay $3500 in mortgage
lol wtf? I bought a place for €450,000 with €60,000 down and my payment is €1300/mo.

Being an American must suck

[Anonymous No.50910142]

>>50909409
>gross annual income
first mistake

[Anonymous No.50910168]

>>50909679
you forget utilities + heating (cold places) or AC (cali), which goes up to 1k per month easy.

[Anonymous No.50910245]

>>50909743
>median household income in 2021 was $80k
That's the median of all households including people on welfare, retirees, etc. What's the median for first time home buyers in major metro areas where all of the good jobs are?

[Anonymous No.50910272]

>>50909409
Most couples don’t even make 80k put together your tard, I make double what the average person in their 60s makes.

[Anonymous No.50910292]

>>50909409

Aren't teachers always bitching about being poor? That bitch is making over $50k and gets like 5 months off every year.

Teachers are one of the biggest parasites on the planet.

[Anonymous No.50910331]

>>50910272
This is complete nonsense lmfao. It’s hard to find a job that pays less than 40k a year these days

[Anonymous No.50910338]

>>50909409
go back

[Anonymous No.50910347]

>>50910245
It’s easily 120k, I don’t know any white collar workers that make less than 60k now

[Anonymous No.50910391]

>>50909850
>a bit of interest
Total interest on the $487k property (assuming 5% goy rate) will come out to over $400k.
Also, the bank makes goys front-load interest payments, so for the first several years they'll be paying JUST the interest - building no equity.
So by the time the recession hits, and normies from OP lose their jobs, they will still have no equity in the home they are living in.

[Anonymous No.50910442]

>>50909571
>a single chainlink token will be more valuable than the entire career of a wagie.

The absolute delusion of the cryptoscammed, ladies and gentlemen.

[Anonymous No.50910461]

But I do own a home

[Anonymous No.50910476]

>>50909799
>Nobody wants to live around meth heads

Then I have some bad fucking news for you about SF LA and NYC.

[Anonymous No.50910519]

>>50910122
Sounds like you bought somewhere around a 1% interest rate to get that kind of monthly payment.
Rates are already up to 3.5%-5.5%, which is about $2800/month if they only put 5% down, they're including insurance/taxes/escrow which could add up to $3.5k

[Anonymous No.50910559]

>>50909409
LMAOing @the lives of all the incel nerd losers
You don't have a job, you don't have a wife, you don't have a driver's license, all you do is waste your parents' money on alt-coin and NFT scams, and you think you deserve a house
HA
Here's a thought, if you want to be able to afford a house, try working for a living like the rest of us, losers

[Anonymous No.50910688]

>>50910559
kek no

[Anonymous No.50910827]

>>50910391
Yeah true that's pretty cucked. Only silver lining is mortgage interest rates still appear to be well under inflation. Without government support the market rate for mortgage interest would be like 13%+ and suddenly almost everyone would default and home prices would plummet

[Anonymous No.50911043]

>>50910102
Post nose

[Anonymous No.50911233]

>>50909571
Best I can offer is a big mac with sirgay

[Anonymous No.50911275]

>>50909409

[Anonymous No.50911390]

>>50909526
They wont bankrupt. Democracy, two wolves and a sheep, etc. Learn the rules of the game before you end up crying in a basement about what's fair or not and lose another ten years of your life.

[Anonymous No.50911446]

>>50911275
you do realise the only reason chinks all have houses is because they have to right?

https://asiatimes.com/2022/06/china-cities-go-to-odd-lengths-to-boost-home-sales/

[Anonymous No.50911611]

>>50911446
>you do realise
lol stfu, fag

[Anonymous No.50911690]

>>50909799
You’re a shitskin, I’m guessing Some for of street shitter

[Anonymous No.50911721]

>>50909679
>150k income
>30k in taxes
You should capitalize more random words

[Anonymous No.50911778]

>>50909799
> Wah, houses are too expensive.
> Ok maybe they aren't, but just the houses in the city I want to live in.

The choice is real easy here anon.

[Anonymous No.50911787]

>>50909409
US of A is fucked
i can get house for 150k€ in the city central area and 10km from center for under 100k. usually the ones 10km from center have some extra land in the deal.
there are new companies opening in my city so future prices might go up fast.

[Anonymous No.50911805]

>>50911446
They actually have financial help from the family unlike white trash

[Anonymous No.50911860]

>>50909885
Can you show me a link where 150k is the median household income lmao?

Op is clearly pic rel

[Anonymous No.50911984]

>>50909409
I think I will just leave America, thank you.

[Anonymous No.50912010]

>>50909679
What's the point of making this thread?
>rich people have money and stuff and you don't.
Wow bro, super sad.

[Anonymous No.50912023]

>>50909732
>Stay salty and poor
It's usually you fucking faggots posting about how much stuff you own that come off as really salty, butt hurt and upset.

[Anonymous No.50912043]

>>50910331
You're insanely out of touch.

[Anonymous No.50912054]

>>50910559
>LMAOing @the lives of all the incel nerd losers
My notch count is at 50 and I didn't need money to get laid.
I also have alot of hair on my head.

[Anonymous No.50912064]

>>50910559
>LMAOing @the lives of all the incel nerd losers
>You don't have a job, you don't have a wife, you don't have a driver's license, all you do is waste your parents' money on alt-coin and NFT scams, and you think you deserve a house
>HA
>Here's a thought, if you want to be able to afford a house, try working for a living like the rest of us, losers

[Anonymous No.50912082]

>>50911611
fuck off you dont know shit. if chinks have money in their bank account but choose not to buy a house they will get "the talk" from their local government. there's a reason why the percentage is that high, only a retard would think that's organic.

[Anonymous No.50912104]

>>50912043
No, I'm really not.

The MEDIAN weekly earnings of someone with a bachelors degree is like 1500 dollars, that's a $75,000 job. Most young people have bachelors degrees at the minimum, two of these people get married and now they're bringing in 150k.

We can make this all convoluted if you want and add in all the niggers that can't read past a 6th grade level and we can water down the numbers to make everyone look poor, but when we actually look at the earnings of people that are going to be buying single family homes that's what we find, not this nonsense about "well, what about the worker at burger king?!?!?!"

[Anonymous No.50913244]

>>50909409
>those companies are giving them Doctor tier compensation to do…nothing. “Project managers”, “software engineers”, “scrum masters”
You're such a fucking retard you can't even conceptualize what a software engineer does so you assume they do nothing.

[Anonymous No.50913295]

>>50913244
Butthurt “engineer” lmfao.
>my work is so abstract you can’t even conceptualize it!

Nobody is impressed that you passed linear algebra in college you worthless fucking loser. Nobody is impressed that you duct tape “frameworks” together all day, your work is a millionth as valuable to humanity as the work real engineers do so drop the ego down a notch you worthless fucking loser.

[Anonymous No.50913323]

>>50909409
>478k house
>$3600/mo
Something ain't right. No down payment? 10yr mortgage?

[Anonymous No.50913375]

>>50913295
>Nobody is impressed that you duct tape “frameworks” together all day
I'm not trying to impress anyone, you sound extremely insecure.

[Anonymous No.50913406]

>>50909409
i make $100k wfh and my gf makes $40k. im going to cope and buy a $150k duplex with a massive down payment in a flyover shithole and pay it off ASAP, like 3 years or less. tired of rentcucking but I'm not about to spend $350-400k to do so.

[Anonymous No.50913411]

>>50910559
>You don't have a job,
You say that as a insult while posting a Sam Hyde meme. Ironic.

[Anonymous No.50913421]

>>50909409
>You really think your shitcoin trading can outcompete a 225k annual income that grows by 2% yearly for 40 years?

Yes

[Anonymous No.50913455]

>>50913375
You’re the one that called your gay “developer” job too abstract to understand lmfao

[Anonymous No.50913464]

>>50913455
I said you apparently can't understand it.

[Anonymous No.50913552]

>>50913464
Your career is worthless, Mr. “JavaScript Jedi”

[Anonymous No.50913563]

>>50909473
Black Hole Sun, won't you come?
WASH AWAY THE RAINNNNNNNNNNNNNNN

[Anonymous No.50913621]

>>50909409
>Yes goyim, the middle class is your enemy. They are why you can't afford a house.
Post nose, goldberg.

[Anonymous No.50913706]

>>50910292
>8 hugs a day
Averaging 0 hugs a day here, think I'm gonna die bros.

[Anonymous No.50913737]

>>50909409
My wife and I already own a house in TN and a cabin in northern MI

didn't read past the title lmao

[Anonymous No.50913759]

>>50909409
Literally me and my wife haha. Try to keep up man!

[Anonymous No.50913850]

>>50909799
>the only places worth living are big cities
I genuinely feel sorry for you. What a pathetic ideal

[Anonymous No.50913938]

>>50913706
I can’t even remember my last hug
It’s been years at least

[Anonymous No.50913969]

>>50909409
> This is who you are competitions

Stopped reading there, thirdie.

[Anonymous No.50914008]

>>50909571
This

[Anonymous No.50914047]

>>50909409
Who is making these threads? I travel all over the place. The vast majority of people are no where near this income. We need more home owners. If the renter and homeless population keeps out growing like this they will quickly become the largest voting block nationwide. We are handing the government the perfect thing to "save" us from. This threatens land ownership and the ability of states to control zoning.

[Anonymous No.50914175]

>>50909799
all the people from those states are fleeing to Texas, Idaho, & Colorado, your opinion is like 10 years old

[Anonymous No.50914240]

>>50909409
I live in Japan where the average house is like $200k with 1% interest rates because the economy is a zombie.
So, yeah. I'm good. Thanks tho!

[Anonymous No.50914281]

>>50909409
Normies are so fucking retarded.

[Anonymous No.50914294]

>>50912104
>If we just ignore entire swathes of the population, we get X!
Sure you aren't out of touch

[Anonymous No.50914329]

>>50909799
>the only places worth living are big cities really only SF LA and NYC.

Not when left wing governments run the cities and wont prosecute crime. Im not even American and we have the exact same issues with mass shootings and violent crime, but the government see's browns as victims and wont put them in jail .

[Anonymous No.50914392]

>>50909409

>accountants, engineers, school teachers
>bullshit jobs
you want people to be mad that engineers are successful?
And also, school teachers make famously bad pay so don't expect those to be part of this narrative you're spinning. Two school teachers combined can have an income of less than 80k lel

[Anonymous No.50914455]

>>50909409
>just leave now, you’ll NEVER outcompete those people.
Or you could work for them.

[Anonymous No.50914624]

>>50913737
sounds awesome. You simply must be a white father.

[Anonymous No.50914698]

>>50910168
>1k for utilities
fucking what?
$50 internet
$100 gas
$100 electric

2000 square foot house in midwest

[Anonymous No.50915036]

>>50909885
As someone who earns ~150k between myself and my wife in a MCOL area, this anon's description is pretty spot on.
We are comfy, but mostly because of a relatively small mortgage on a condo. At 5% interest, we're nearly priced out of decent houses around that run $650-800k, even with 40% down payment.

[Anonymous No.50915075]

>>50914698
bull fucking shit you're paying $100 a month to heat that house in 2022. those are 2018 numbers.

[Anonymous No.50915153]

>>50909409
>All over the US, schlubby, mediocre, grotesque middle class wagies get married to each other and have a 150-250k combined income.
Literally false. Marriage is all-time low. Sex is all-time low. Fertility is all-time low. Living with spouse is all-time low (for 25-35s it has fallen from 85% to 35% and is still in freefall).

The marriage meme is over, maybe forever. Combining your income with roommates is the wrong model to assess wealth.

[Anonymous No.50915196]

>be 24
>be chad all my life
> 120k + wife’s 80k
>own home in America
>own Xrp
>just inherited property in Norway from wife’s side
>pregnant wife will have a kid with Roman catholic and Norse genes only

This is what you subhumans compete with.

[Anonymous No.50915215]

>>50915075
gas is $75 summer, $150 winter. farmhouse built in 1920. considering getting a wood stove to make the winter numbers lower. also keep the thermostat very low and use a down comforter. no bullshit

[Anonymous No.50915266]

>>50915196
>pregnant wife will have a kid with Roman catholic and Norse genes only
So you’re either a beaner or got cucked by a beaner. Lmao at you.

[Anonymous No.50915302]

>>50909799
SF is practically Detroit now. You can’t even buy groceries in the rich neighborhoods without homeless and niggers inside stealing stuff constantly and homeless people in the parking lots doing heroin. You have to ask the clerks to open up locked cases for things as simple as coffee or toothpaste.

[Anonymous No.50915339]

Bought a home 8 years ago for 180k EUR. It nearly trippled in value since. Been putting my crypto profits into extra redemptions and now have a remaining debt of less than 20k. Have been able to do that because my interest rate is lower than the market's... my monthly payment is less that 90 EUR for the remaining 22 years. I'm keeping the remaining debt because it gives me tax benefits.

I haven't made it but sometimes it feels like it since this is my forever home. Meanwhile my colleagues and friends are rushing to buy houses for 500k like the person in OP's pic.

[Anonymous No.50915636]

>>50909782
Kill yourself boomer

[Anonymous No.50916636]

i'm a belgian
i don't know why you faggots fetishize houses to such an extent, or fetishize the idea that some other person has to pay rent
but buying a house is comically easy for anyone who's a native european
go dilate and seethe homeowners, i'll buy yours at a 20% discount
>>50915339
what kind of house, what location?
i'm buying soon

[Anonymous No.50916697]

>>50916636
>i don't know why you faggots fetishize houses to such an extent, or fetishize the idea that some other person has to pay rent

because rent in america is expensive as fuck. and jewish landlords raise it 2% a year on a good year. god forbid one jewish landlord sells your apartment to another jewish landlord. my went rent up 20% last year and it's going up 10% at the end of this month.

[Anonymous No.50916749]

>>50909742
>so little money for an entire month
>500
>little
That's about how much i spend in 6 months

[Anonymous No.50916750]

>>50916697
but your salaries are absurdly high in comparison
people here buy up houses to rent them out and pay their mortgages like that, it's the same situation
my point is, what prevents you from buying a small stay and level up over time if you're so obsessed about it

[Anonymous No.50916751]

>>50909409
Nigger.

[Anonymous No.50916775]

>>50909571
we are in a cult

[Anonymous No.50916805]

>>50913706
my hug's counter is in negative numbers

[Anonymous No.50916821]

>>50916750
>my point is, what prevents you from buying a small stay and level up over time if you're so obsessed about it

1) most homes aren't small. they don't build them small. and if they did build them small, you'd be paying a premium for a new construction home. 2) contrary to what you may read on pol, most americans live near cities. anything cheap is going to be overrun with niggers. if you want something nigger-free, even a small home, it's going to be expensive. i live 5 minutes from one of the worst nigger shitholes in the country (trenton, NJ, look it up) and homes are still $250-300k minimum with $5k/year property taxes. this is a lot of money even for me, and i make six figures a year in a "well off" profession (corporate accounting.)

[Anonymous No.50916838]

>>50910559
wagie cope

[Anonymous No.50916845]

>>50909409
Oh I will. Waiting on the crash first.

[Anonymous No.50916875]

>>50909409
The US and its satellite states won't be around in 10 years time let alone 40. How long do you think they can kick they can down the road for?

[Anonymous No.50917102]

>>50909409
>schlubby, mediocre, grotesque middle class wagies
Don't talk about Red Letter Media that way
They're my only friends

[Anonymous No.50917175]

>>50910559
> you don't have a job
and glad, haven't worked this year. stay at my dads house, last year I went to spain for 4 months, this year I will do a more extensive eurotrip and stay away for 6 months
> you don't have a wife
while i sometimes feel I want a wife, most relationships are misery. my mother told me recently about this guy at work who, had a wife and 2 kids and the dude was sterelized and then suddenly the wife wanted him to unsterilize himself because she wanted a third baby all of the sudden. turns out she was already pregnant and was cheating on the poor guy with his best friend for a few years already. and she tried to keep him in the dark about everything and just pretend. He caught his wife and his "best friend" fucking in the kitchen. so what do we learn here ?
>> drivers license
I have it and had a car but sold it. cars suck. only poor people think cars are cool.

>> here's a thought
and here's a thought for you, fuck your wagecage. whore of a wife and slave life

[Anonymous No.50917178]

>>50909679
You don’t even have a car yet, lmao

[Anonymous No.50917297]

>>50912054
>>50912064
Seethe

[Anonymous No.50917352]

>>50916821
> nigger-free
yeah ok i don't have that problem i'm in an other country
in my country anywhere in rural areas is cheap, but also in areas where there's not that much industry
what about finding some kind of remote job and buying in Maine

[Anonymous No.50917379]

>250k after deductions 160k
>160k 40 years 6.4mm
>6.4mm plus 1.5mm in investing/real estate is 7.9, 8mm
>8mm for 40 years of your life, most falling below the actual value of 8mm as their wages stagnate like every single generation has experienced since the 1960s because middle class is designed to be genocided by inflation means
Yeah, you have a good shot with your buttcoins, in all honesty.

[Anonymous No.50917410]

>>50917352
i have a remote job but i'm not sure i want to risk buying a home in the middle of nowhere. if i got laid off from work i'd be fucked since remote jobs are competitive (took me 6 months of applying and interviewing to get my current job.)

[Anonymous No.50917477]

>the people getting married, working high paying careers, and buying million dollar homes while saving in tax deferred retirement accounts are the shclubby, grotesque, and mediocre portion of society unfairly robbing the 30 year old neet virgin that invested his allowance in chain link.

Lol this is your brain on 4chan. And yeah no shit it's all a waste of time. I made 6 figs last bull run spending all day on this shithole and Uniswap for a year ans got outperformed by my friend who just took out a loan to buy a home and live in it.

[Anonymous No.50917490]

>>50909409
>median

Incorrect

[Anonymous No.50917900]

>>50909553
he gets fired in the next round of layoffs as companies tighten their belts
you can tell he gets fired because he is an accountant and needs to ask reddit basic bitch tier finance questions
at that point they cant afford their lifestyle, the wife refuse to cut back and their finances spiral out of control, then divorce and alimony cause you know he earns the majority of their family income and the house will be forcibly liquidated at bargain prices to smarter people

dont get massive loans for houses in an extended economic downturn, you'd need 20 years of stability for it to pay off
the biz way of risking it all when young and living monk mode may not always lead to success but it is the smarter move to make in todays world

[Anonymous No.50917916]

>>50909409
I already own a hoMe and all the bag area fags are moving here to buy up all the housing, my own regret is not buying 5 more

[Anonymous No.50917982]

>>50909409
why are they having trouble with that?
i have family who has a mortage on their own on a similarly priced house.. on like 1/3rd that annual income (im renting the top floor for 300 a month, family discount, tho so that sort of helps)

i guess it also helps that it's a fixed mortgage at almost 1% lol

[Anonymous No.50918041]

>>50909799
I would rather live in a 1900 sq ft victorian farmhouse with 5 acres and nearest neighbors are .5 miles away, even if they are rednecks who party all night just be friendly and help them out here and there, now you have security since they are always looking for a fight when they see someone breaking in to your house the scene from pulp fiction with the gimp starts

[Anonymous No.50918108]

>>50917175
Absolutely based. If you married a female who already fucked another man you’re worse than trash

[Anonymous No.50918124]

>>50915196
>(((roman))) jewtholic
and yet you’re an npc shabbosgoy and your entire existence is worthless

[Anonymous No.50918132]

>>50918041
>he thinks this would be cheap
cost of living scales with prevailing wage. the only way around this is highly paid remote work or starting your own business that can somehow survive/thrive in an area where everyone is poor.

[Anonymous No.50918142]

50909799

This is assuredly bait.

[Anonymous No.50918153]

>>50917477
>outperformed by real estate
>retard thinks making 2x in a bull run is a lot

[Anonymous No.50918166]

buy $5k in FMCC

buy a house in cash next year

[Anonymous No.50918209]

>>50909473
you say that but what would you bring to the table after the collapse? normies have connections and you would have nothing but a larp about a shed in woods.

[Anonymous No.50918298]

>>50918153
>I made an 80x if I would have sold the top but I sold in the middle and only made a 40x. Sorry to break it to you but that's better off than 90% of the people on crypto, and people are buying 500k houses 5% down prior to the pump that are now worth 1 mill. So yeah everyone here fucking wasted their time.

[Anonymous No.50918467]

>implying i want a home

As soon as the travel restrictions ease, i will use my computer science degree to get digital nomad visas and work remote from asia, not paying a single penny tax into this boomer society

Thanks for the free education, eurobros

[Anonymous No.50918500]

>>50911275
>china
>own home
You can't even own property in china you dense motherfucker. And I don't mean the same way as burgers like to whine about property taxes, I mean you lease property from the government for 70 years, and they have the power to cancel your lease without compensation at their discretion.
And the property that chinese people do "own" looks like pic related for the most part. They'll be renting an apartment in the city they work in, and "own" an empty husk with no electricity, windows or plumbing in a ghost city in the middle of fucking nowhere, several hours away from actual cities. Real estate is the only real investment opportunity for them because it's the only chinese asset that's always been stable. But of course they can't afford multi million dollar apartments in real cities, so they buy these empty unfinished shells as a "store of value", because everyone knows their currency is worthless (and also the government doesn't want them to just sit on their money). It doesn't matter that they're impossible to live in because they're not meant to be homes, only placeholders for money. They might as well be shitty ms paint house nfts representing a position in a queue in a crypto ponzi lmao. They work on exactly same principle, this particular ponzi is being played by a billion people and it's "worth" something ridiculous like 50 trillion dollars

[Anonymous No.50918534]

>>50918500
>still clinging to the american exceptionalism meme in 2001+21

it's tough to admit, but china isn't much worse off than the jewnited states of muttmerica.

[Anonymous No.50918615]

>>50918534
t. chinkbot who didn't read
the us is a fucking shithole and you could not pay me any amount of money to live there

[Anonymous No.50918692]

>>50909409
I bought a house back in 2006 when I was in my 20’s and spent the next 10 years getting it paid off early because having 6 figures in debt scares me. Now I have 6 figures in net worth and $800 electric bills in the middle of summer no longer worry me. I can’t imagine that type of combined income with that type of burden. Jesus

[Anonymous No.50919370]

>>50911233
that'll do sir, that'll do

[Anonymous No.50919423]

Goddaaamn I hate normies

[Anonymous No.50919793]

>>50913295
>impressed that you duct tape “frameworks” together all day, your work is a millionth as valuable to humanity as the work real engineers do
Free market disagrees. People like you are the reason why planned economies universally fail.

[Anonymous No.50919919]

>>50909409
that all sounds horrible. however, it beats starving, which is what is going to happen to you and yours, chang. you're going to starve next winter. not this winter as there are still some foodstuffs stored from last harvest.

you will get to participate in a real-life zombie apocalypse and i will get to sit here and shitpost about it. so yeah, it sucks to be a western schlub wasting my life on a malaysian basket weaving forum. but you're going to starve.

i'd rather be me, thanks. have fun, chang.

[Anonymous No.50920474]

>>50909701
Americans always say the amount they earn without having any taxes substracted. If an American say he earns $120k it's like $67K.
Still a lot but yeah
The guy in OP says annual gross income of $153k.
But it's maybe like $75K left after taxes.

[Anonymous No.50920680]

>>50909409
>If you're a single guy and want a house you need to be earning 2.5x the median individual income in your area
Lmao, k.
>t. Business Analyst chad making almost 4c above local median incomes

[Anonymous No.50921379]

>>50909571
100% based I’ll be living in a mansion in the next few years and have multiple homes thanks to Link I’m not worried about wagies “outbidding” me on housing. Maybe it will accelerate the goyim to finally realize the Jews are fucking them over when they’re all sharing pods with niggers.

[Anonymous No.50921426]

>>50910391
This is what I’m so sick of HOOOOMERS claiming rent is flushing money away when they are just paying kikes for the first 7-8 years of home “ownership”, you don’t own it until it’s paid off some banking yid does.

[Anonymous No.50921429]

>>50909526
>they go bankrupt
>a Chinese national buys it for over 20% asking which is 20% more what they bought it for
Yeah ok

[Anonymous No.50922143]

>>50920474
You're an idiot.
t. $153k nets down to $116k after all taxes, and that's in high tax commie California

[Anonymous No.50922178]

>>50921426

Now imagine if the payment was 100% interest, as in entirely interest with no return whatsoever, and then there was a 30% (((management fee))) on top of that. That's your rent. One big fat waste.

[Anonymous No.50922209]

>>50915153
>I'm not having sex so no one is
lol, have sex

[Anonymous No.50922323]

>>50921429
read the news Anon. China is getting butt fucked with their own financial crisis right now.

[Anonymous No.50922510]

>>50909409
>Public school teacher
>Making anything more than the $35k if they’re lucky

Either the husband is the 90% breadwinner or this entire post is just bullshit; probably the latter cause it’s reddit.

[Anonymous No.50922532]

>>50909679
>ECSTREEMLY ECSCREAM

[Anonymous No.50922600]

>>50909409
His mortgage will last longer than his marriage and he's freaking out about paying 3k a month? Lol