realistic real estate general

[Anonymous No.53319851]

>implying you can afford a 600k house
>implying you aren't a degen gambler
>implying your community will be 80 percent white in 10 years
>implying you have job security and you won't be dumped in a coordinated effort
>implying that your real estate will go up and not dip 50 percent
>implying that you don't overspend because you're a corporate cocksucker
>implying you have the same access to recreational activities in fag city
>implying you can go hunting, fishing or set off improvised explosives in your fagtown

[Anonymous No.53319905]

>>53319851
>LOCKED IN MY $23K MORTGAGE @ 2.99% FOR 30 YEARS
>CITYFAGS BTFO

[Anonymous No.53319926]

>>53319905
literally more space than any cityfag gets

bigger yard

more friendly neighbors

[Anonymous No.53319940]

>>53319851
Detroit has lots of <$100k homes which are move in ready. The areas outside the city aren't the sexiest but it's affordable living if you make more than $20/hr.

[Anonymous No.53319959]

>>53319940
or you could pick a 95 percent white "rural" town 10 minutes from every service and business you could want

[Anonymous No.53319963]

>>53319926
i grew up in a trailer in a flyover shithole. you'll have more opportunity for upward growth living in a pod in the city. if you aren't a complete retard, pod life is only temporarily. if you haven't advanced to management and a $120-150k/year salary by the time you reach your late 20s, maybe you do belong in a trailer park for the rest of your life.

[Anonymous No.53320008]

>>53319963
no you didn't

[Anonymous No.53320036]

>>53320008
northeastern pennsylvania. where you from, cletus?

[Anonymous No.53320062]

>>53319959
Where?

>>53319940
Also worth noting about living in a place like this:
>15 minute drive to massive inner city similar to NY/Chicago/etc
>15 minute drive from water good for fishing/kayaking/boating/etc
>1 hour from good hunting land for all seasons
>1 hour from plenty of rivers for day long kayaking trips
>1 hour from affordable plots of land (20 acres for $8k kind of thing)
These appeal to me and my lifestyle personally but I understand these are irrelevant to some. On the flipside:
>very few grocery stores and they are understocked because of theft
>most crime is theft, but its largely isolated to certain areas (highland park)
>concealed carry when walking around solo or accept that there is a percent chance you get robbed and can do nothing about it
>schools are SHIT, absolutely cannot raise children here
>fewer functioning businesses generally speaking given how low the population is relative to the level of infrastructure in place

[Anonymous No.53320064]

>>53320036
stay assblasted yankee

[Anonymous No.53320078]

>>53320064
use a new fucking image dude, there are hundreds of millions of homes to choose from and you keep posting the same goddamn one. fuck you retard op

[Anonymous No.53320091]

>>53320064
>yankee
you shouldn't be proud of niggers, obesity, and low IQ.

[Anonymous No.53320096]

>>53319926
Your neighbors smoke crack and steal copper

[Anonymous No.53320099]

>>53320062
there are no "good areas" in detroit, you have to go atleast 30 minutes, so you're just too close

[Anonymous No.53320109]

>>53320096
so they're patriots, nothing wrong with that yankee

[Anonymous No.53320111]

>>53319905
Is this supposed to be a joke? Seems pretty good to me.

[Anonymous No.53320112]

>>53320078
a month or two ago he kept reposting a dilapidated shed in kentucky for like $10k. it's the same unmedicated flyover schizophrenic. probably doesn't have transportation to his medical appointments, which are a 50 minute drive in each direction. and that's only if mr. shekelberg gives him a day off from 50 hour a week rotating shifts at the local factory. many such cases!

[Anonymous No.53320134]

>>53320111
the joke is that your single wide trailer is a tin box that depreciates in value and costs $700/month to heat in the winter.

(we both know you'll try to cope with pic related, like some third world niggermonkey, and probably die in a raging inferno.)

[Anonymous No.53320142]

>>53320091
In August 1895, Spring Valley experienced the state's most destructive race riot to date, out of which came major legislation prohibiting companies from bringing in squads of men to replace existing workers. Tension between mine owners and union agitators led to a lockout in 1889. Many Italian immigrants arrived to cross the picket lines but eventually staged their own strike in 1894, encouraging the industry to bring in African Americans to break the strike. Relations between the races rapidly deteriorated, leading to the riot that ended the use of black strike breakers. Governor John Peter Altgeld's response to the August 4 attack on the black community by displaced Italian miners ultimately revealed his support of fellow immigrants over African Americans.[11] Another riot erupted in 1895 when recent Polish, Lithuanian, Italian, and Belgian immigrants raided the black section of town and burned, looted, and injured 14 blacks. Black victims of the riot took their attackers to court and used their status as citizens to win the case against the new immigrants.[12]

>>53320112
mad as fuck

[Anonymous No.53320156]

>>53320134
implying I can't just put on an extra sweatshirt

[Anonymous No.53320158]

>>53320064
>yankee

That address is Illinois

[Anonymous No.53320169]

>>53320158
>>53320142
downstate is racist, even upstate is and was

[Anonymous No.53320816]

bump

[Anonymous No.53320987]

>>53319851
That looks rather comfy tbphf

[Anonymous No.53322059]

>>53319851
A realistic real estate general? So you want the real deal huh? Well here it is.

The Federal Reserve will keep the fed funds rate at 5% or higher throughout this year. This will keep mortgage rates above 6% for this year. A 1% mortgage rate increase will drop buying power by 10-12%. This means a residential real estate asset priced in 2020 at 3% rates has to be at a minimum 30% lower at 6% rates for a similar monthly payment. What those record low rates did was bring demand forward, i.e. people that needed to save another year maybe two were able to buy. Now that rates are over 6% the would be demand already bought or priced out. California and Arizona have already dropped by 20%. Canada as a whole is down 17%.
>STUPID RENTOID I AM UP 50% SINCE 2018
Stupid hoomer, let me make this simple. What is a 50% increase of $10? $15. What is a 50% decrease from there? $7.5. What is a 30 decrease? $10.5. Now figure you had to spend $0.5 in upkeep and taxes. That 30% drop now made you break even without counting for inflation.
>BUT AMERICA IS BROKE SO THE FED MUST PIVOT
Wrong, America interest payments as % of tax receipts is lower today than in the 1980s

[Anonymous No.53322873]

>>53322059
tldr

[Anonymous No.53323076]

>>53320109
Kek didn't know you'd consider detroit full of them

[Anon No.53323184]

>>53322059
Prices aren't dropping 30% in high demand areas. The lowest my area dropped during the financial crisis was 15%.

Plus you assume people are going to sell to break even or take a loss...only to buy at a higher interest rate. Yeah that's not happening. On a longer time horizon +5 years the owners will come out ahead.

[Anonymous No.53323308]

>>53320111
everything looks good until you start comparing prices, even if you have too much money it's not worth it, I'm considering buying something with what solana gave me but the price is ridiculous

[Anonymous No.53323358]

>>53319963
was offered management job. turned down to buy house in the country. work remotely as I'm still needed, but not management. unironically no regrets.

[Anonymous No.53323364]

>>53319963
lol 150k by late 20s? after taxes that's what? 110k, minus your expenses. You retire at 50 and still have to live frugally. I love retards like you that define success as failure.

[Anonymous No.53323369]

>>53319963
Unfortunately living in the pod in a city makes you retarded because of the air pollution and water pollution.
That's why most of the men are manlets and ugly and retarded in cities. Big city women lust over huge white rural midwestern men.

[Anonymous No.53323387]

>>53320134
>uses the word n word to insult whites
What level of poltard are you on Jose?

[Anonymous No.53323444]

>>53319905
That is unironically a good thing. Imagine having a $100/mo mortgage payment. Anyone could service that retard-loan.

[Anonymous No.53323654]

>>53320111
lot rent is $900 a month btw