/biz/ - Business & Finance

[Anonymous No.56184402]

>Housing is unaffordab- ACKK!!!!!

[Anonymous No.56184407]

>>56184402
>be ignored by father while growing up
>be ignored by peers while growing up
>post inane -ACK shit posts to get attention
kill yourself, faggot retard.

[Anonymous No.56184415]

>MSpee

[Anonymous No.56184428]

Very nice home, however

[Anonymous No.56184451]

>>56184402
Yes, as a white man, the best thing you can do is live in the fucking hood in the deep south. Not like you're gonna get shot or have your house broken into or anything crazy like that.

[Anonymous No.56184456]

>>56184451
>>56184428
>>56184415
>>56184407
lol, lmao

[Anonymous No.56184470]

>>56184402
>jackson

[Anonymous No.56184504]

>>56184402
Only retards rent.

[Anonymous No.56184507]

>>56184456
oh yes i do want to move somewhere that's still on dsl, neighbors are either 80 or cook meth, and where the best entertainment is going to the mall

[Anonymous No.56184511]

>>56184402
>>56184456
So again unless you have made it, or are on welfare, where will you work?

[Anonymous No.56184571]

>>56184456
>south dakota
what the hell is even out there other than govt jobs?

[Anonymous No.56184938]

>>56184402
>>56184504
Hello NAR

[Anonymous No.56185020]

>>56184470
Whos baaaaaad?

[Anonymous No.56185033]

>>56184571
Western SD is beautiful

[Anonymous No.56185066]

>>56184402
IN 2022 JACKSON MISSISSIPPI LITERALLY DID NOT HAVE A PUBLIC WATER UTILITY FOR MONTHS DUE TO SHEER BABOON MISMANAGEMENT OF PUBLIC FUNDS YOU STUPID NIGGER

[Anonymous No.56185078]

>>56184507
>starlink
>all neighbors suck
>society isn't more entertaining than the internet

At least complain about not having amenities.

[Anonymous No.56185087]

>>56185066
Same thing happened in Flint, wonder what's similar about those two cities...

[Anonymous No.56185096]

>>56184456
>>56184571
>>56185033
Redpill me on SD. Are there tech jobs and women there?

[Anonymous No.56185124]

isn't jackson one of the places where the drinking water isn't clean because reasons

[Anonymous No.56185143]

>>56184456
Jesus, lower right is literally one hundred million in my currency. I need two lifetimes to afford that.

[Anonymous No.56185213]

>>56184402
>look at this 1 in a million bungalow in the middle of nowhere!!!

[Anonymous No.56185300]

>>56185096
SD is good because it's mostly German and Norwegian women. Limited Irish/Italian/Polish influence. One of the few parts of the country that aren't Catholic controlled. No state income tax. Home insurance is slightly elevated because of the tornado threat, applies more to the eastern part than the western part of the state.

Eastern SD (Sioux Falls) and Western SD (Rapid City) are vastly different. Rapid City feels like a rocky mountain town, Sioux Falls is a great plains town. These are the two main metro areas (Pierre doesn't matter). It's still "affordable" here (300-350k for a house), but if you want sub-300k housing you have to go elsewhere in the state.

Sioux Falls is exactly what you think it is - boring, minor league mid-sized metro area with mostly white people. It's just a transportation hub, since 29 and 90 meet there. It's different than other major cities in the Midwest because you don't have any areas that white people have completely abandoned for Hispanic/Black people - the worst demographics of any HS are still 50% white.

Rapid City had a lot of growth under COVID because people saw a white urban metro area in a republican state that never shut anything down and flocked there. Took their WFH job and got mountain views, no state income tax, and drove up the prices.

There's some Missouri River towns (Pierre, Yankton, Vermillion), Brookings is a college town (SDSU), same with Vermillion (USD), Watertown has some good lakes for fishing/water sports).

[Anonymous No.56185327]

>>56184402

>next to big lake leased out to some energy company

Enjoy dying 20 years earlier due to living next to a chemical dump.

[Anonymous No.56185362]

>>56184456
Is that the Kaczynski shack with some flipper improvements going for $85k?
Holy cow.

[Anonymous No.56185392]

>>56184402
>you WILL live in the middle of no where
>you WILL pay the Zestimate price
>you WILL pay an inflated mortgage rate
wow, three for three anon! thanks for playing!

[Anonymous No.56185425]

>>56184507
>and where the best entertainment is going to the mall
DUDE i just LOVE the hustle and bustle of the big city it’s so DYNAMIC and makes me feel like i’m in one of my favourite TV SHOWS. you should totally come on down to my studio apartment, it’s got EXPOSED RED BRICK walls and everything, we can crack open a nice hoppy ipa or three and get crazy watching some cartoons on adult swim! and dude, dude, DUDE, we have GOTTA go down to the barcade- listen here, right, it’s a BAR where us ADULTS who do ADULTING can go DRINK. BUT!!!! it’s also an ARCADE like when we were kids, so we can play awesome VIDEO GAMES, without dumb kids bothering us. speaking of which megan and i have finally decided to tie the knot- literally -we’re both getting snipped tomorrow at the hospital, that way we can save money to spent more on ourselves and our FURBABIES. i’m fieckin JACKED man, i’m gonna SLAM this craft beer and pop open another one!!

[Anonymous No.56185446]

>>56184402
>jackson, ms
>82% black
kys

[Anonymous No.56185481]

>>56184402
Okay now post affordable housing in Canada.

[Anonymous No.56185506]

I am just closing on my first house now, in the USA. I got stiffed on a 7.3% rate which is obviously very shit.

As a first time buyer, I have great credit and put 20% down to avoid the PMI, so why the fuck does the government control what the rates are? Why do I get treated the same as the poors with shit credit and no money down?

Second, when is it expected to for rates to come down? Every percentage it comes down will save me about $100 per month on my mortgage.

[Anonymous No.56185604]

>>56184402
I will never buy a house in there faggot, cope and seethe kek, not even if pond gives me enough capital to do so

[Anonymous No.56185607]

>>56185604
Then just don't do it

[Anonymous No.56185613]

>>56185506
Don't know, don't care

[Anonymous No.56185614]

>>56185604
>I will never buy a house
We know

[Anonymous No.56185617]

>>56185604
>nigger frogposter piece of shit
ofc you're poor

[Anonymous No.56185631]

>>56185506
you bought bags at ath

[Anonymous No.56187952]

>>56185506
You should back out and buy outside of cities/suburbs in USDA eligible areas where you can buy with 0% down and get a 4.125% rate.

Low rates aren't coming back anytime soon.

[Anonymous No.56188109]

>>56185481
My basement (currently tenanted)

[Anonymous No.56188251]

>>56185506
same here. Closed in July and rate is 7.125% with 20% down. It's bullshit but it is what it is. At least I was able to get the asking price knocked down considerably, for what it's worth.

Keep in mind that refinancing "resets" your mortgage, and the way they're structured with most of it going toward the interest at first means that people who refinance too flippantly end up never making any headway actually paying anything off. So don't do it unless rates actually come down enough for it to actually be worthwhile.
I try to remain optimistic. In my parents' day, they were able to refinance when the rates went very low, while also switching from a 30 to a 15 year mortgage. In effect, their monthly payment basically didn't change, but they knocked the timeframe down by half.

[Anonymous No.56188671]

>>56188251
Something to consider - you get a larger tax deduction with a higher interest rate, since you're paying more mortgage interest.

7.125% on a 350k mortgage is 25k mortgage interest. Property tax is likely 4k. After the standard deduction is applied, this is an additional 16k deduction worth roughly 4k. This makes your effective mortgage rate of 6%. The treasury is paying 5.5% for cash right now, so paying it down isn't that advantageous.

Conversely, people who landed a 2.75% mortgage rate in 2021 won't see any tax savings on a 350k mortgage.