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Everywhere I look, the prices are absolute insanity. I mean, yes, they are expensive and if you're lucky you can get crumbs from the kike manipulation of the markets. If you're unlucky, you essentially have a very expensive, down under mortgage. But recently, the housing prices come off as slavery. These clearly 250,000 housing units are being sold for 500 or more, and its like how the fuck does anyone afford this stuff?

Everywhere I look, the prices are absolute insanity. I mean, yes, they are expensive and if you're lucky you can get crumbs from the kike manipulation of the markets. If you're unlucky, you essentially have a very expensive, down under mortgage. But recently, the housing prices come off as slavery. These clearly 250,000 housing units are being sold for 500 or more, and its like how the fuck does anyone afford this stuff?

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[–] [deleted] 15 pts

With their parent's money probably

[–] 15 pts

What's wrong with white parents helping their white kids out? It's hard enough as it is for whites right now.

[–] 14 pts

Nothing wrong with it, just the way it is.

Grandparents live to be grandparents because there was evolutionary value to have people live that long. That value is in helping their grandkids survive and reproduce. They seem to have less evolutionary value now that the kikes have taxed them into poverty.

[–] 8 pts

That used to be the norm. Problem is our parents(Boomers) leveraged the fuck out of everything they had so there is nothing to pass down, only debts to settle.

[–] [deleted] 2 pts

There is value, but it is almost all in preserving tradition, not passing down fiat.

[–] 0 pt

Thats becoming a thing of the past. Nowadays, all one need to to become elderly is mark time. Sure the incredibly useless will die a little sooner on average but we have overcome nstures plan to the point where being old isn't a badge of honor, a testament to the individuals success

[–] 9 pts (edited )

May I just point out that the now 30 somethings who had their grandparents leave property to the boomers have nothing as the boomers have sold it all off so they can spend money like a manic depressive commie. The millennial will have nothing. Our boomer parents sold everything that was in the family for hundreds of years. This is why it's so hard. Not to mention all the spics and niggers and pajeets taking our jobs.

[–] 1 pt

The "problem" I have, if you will, is that my grandparents are still alive and are going to be for the foreseeable future. They already sold their "big" house in California. Not that I'd really want to live there. But yeah living as long as they do, there's not going to be much left. I don't know what the got from their parents. We were never wealthy, but there may have been land.

[–] 1 pt

Well many of them just put all their eggs in the "muh retahrment fundz n fohr oh wun kayz" which are all going down the shitter with the currency.

[–] 0 pt

I would take a large wager that you personally know no one that falls into this imaginary category.

None of them spent "your" inheritance. If your grandparents liked you they would have left you a piece of that imaginary property. Boomers spend because they are paying their medical bills and not placing the burden of themselves on your tiny entitled shoulders. More than likely their worst sin is that they couldn't plan or say no to junior's constant whining about having the latest toy, vacation, clothes, whatever that their school friends had. (All on credit). Now that mom and dad are old and their magic money tree has shriveled, all junior does is rage about the injustice that they won't just die and leave the remaining loot.

Please vaccinate yourself.

[–] 3 pts

There’s nothing wrong with it. In fact it’s natural. My life is a disaster because my family was a disaster and I’ve been living in the cracks of chaos the entire time. I would probably be dead if I didn’t receive va disability. My family has never done a damn thing for me. In fact they have stolen from me, lied to me, manipulated me, and ostracized me. I can imagine such a different past with different circumstances. I hate to sound egotistical but I’m a huge waste of potential , and I bet there’s millions more men like me. We are the muscle that made América great. They destroyed us from within. America is doomed. The white race is doomed.

[–] 1 pt

What would it take to remoralize you?

Right now I look at you as a temporary casualty. What needs to be done to get you back up and fighting? If you just lay there or surrender, they eventually come bayonet you while you're lying down. What is the cost to get you to die standing, and even try to win?

[–] 1 pt

You've been niggerized and accept it as your natural condition Stop. Today.

Most people walking the earth do so under adverse conditions and their potential means nothing if it isn't made kinetic. You have find your path and start moving forward from the point of today. Never look back, at least not until you find yourself.

If you have potential, what is it? (Be honest with yourself.) What are your strong points and why aren't you moving towards making a foundation from those?

I'm female. Never received a cent from my toxic family. I am successful today because I realized that a willingness to start from less than nothing is no different than writing your own life story. It may take a few re-writes to get what you want, but it's something that always possible as long as health permits.

[–] 2 pts

A lot of the time this involves the parents taking out a cash back mortgage on their home (which was owned free and clear) to give the kids money to help with a down payment. The problem arises when people that do this have more than one kid as the banks will only lend so much money against a house. Also, the parents may end up having to go back to work from retirement in order to make payments on their own house.

[–] 1 pt

People need to understand that their home isn't a piggy bank. Don't kike your house!

[–] 12 pts

I'll admit it, my wife's parents are well off and they gifted us a down payment. We also live in a less populated part of the country where house prices aren't full blown retarded.

I love my White privilege.

[–] [deleted] 10 pts

Any place without niggers is a great place to live.

[–] 2 pts

They are infiltrating everywhere. Even podunk White areas. They are quiet when there's only a few of them, though you may notice and increase in missing tools and rifled-through cars.

[–] [deleted] 3 pts

And you can put 3 or 5% down then pay through the ass with PMI.

[–] 1 pt

Here’s an idea: have a cheap reliable phone, a cheap reliable used car, look for discounts on everything you NEED, stop drinking alcohol and smoking cigarettes, hunt/fish/cook your own food always, and save / invest at least 10% of your income.

Stop spending like a bath salt high nigger and you will save enough for a 20% down payment faster than you think.

Not that the system isn’t a kiked out fuckery, but still, take some personal responsibility for your own destiny, it’s how White people do it.

[–] 9 pts

You've managed to solve absolutely none of the real issues being discussed here with that response...congrats!

So you don't think PMI and 3.x% interest (tax deductible) on 15 to 17% of the property price is cheaper than the rent for the amount of time it takes to save up 20% down payment at 10% of your income, which incidentally wipes you of all the cash you've saved for 6-10 years?

Do it cuz ur white

Fucking hell take a personal finance class

[–] 0 pt

Those are necessary and competent suggestions. A person following them will have a better life than a person not following them.

In my area property values are rising st roughly my salary, per year. I'm not kidding. 5 years ago, a property valued at 240,000 is now 450-500,000

These are single bedroom apartments in a 3 story apartment building

[–] 2 pts

What I've seen among my peers, is the parents taking out a mortgage on a second home and the kids live on the property/take care of the property, while also making the mortgage payment as rent.

That's great if your parents have some money but for most people that's not an option.

[–] 1 pt

You also forgot to mention that all the millennials these days want to hop around place to place without actually settling down and having kids. So they often don't want to be "tied down" to mom & dad's property. The independent mindset is actually making it harder to survive because instead of multiple generations living on one property, every young person wants to have their own apartment, etc.

Families need to start pooling together their resources more instead of everyone branching out completely on their own.

I was thinking of the SJW type of young folks when I wrote this. I dunno I'm really hating them lately.

[–] 1 pt

Vancouver Canada priced its locals out of any fucking future anywhere within 3 hours of the tri-cities area.

The cunts that oversaw this 2001-2015 housing price increase should be held accountable that rich foreigners will be the only new entrants to the housing market there.

Capitalism should have a fucking limit when it comes to housing, and if they can't think of these things and only have hindsight, the fucKing politicians are ABSOLUTE FAIL.

[–] 0 pt

Don't forget all the money laundering. And its not necessarily an immigration problem because property listing on the MLS system would be available in China, before being available here.

[–] 0 pt

If you could find a source for me on that MLS listing going up in China before locally, I'm sure I could get the locals there to light a fucking fire under the asses of the Realtors tyrants(if this is true)

[–] 0 pt

foreigners will be the only

Sounds like the root cause is an immigration problem. Not a "cunts that oversaw" or a "Capitalism should have" problem.

[–] 0 pt

I think the tri-cities Hicks should all descend into the core and fucking make a show of it. Their own kids are doomed to move so far away that they'll only be able to visit their folks once a month, whilst a big chunk of richmonders will be flying home on a weekly basis

[–] 0 pt

It can be both. Socialism and Nationalism taste best together.

[–] 0 pt

Well, yeah. Pretty much. My parents were smart and invested in Apple.

[–] [deleted] 10 pts

You can use govt backed loans. FHA is 3.5% down, USDA-rural development is a 0% down loan.

I bought my third house using a 0% down conventional with an adjustable rate mortgage, (7/1 ARM). Interest rate was 2.125% for the first 7 years and then there would be 1 adjustment tripling the interest rate. I refinanced out of it at year 3 into a 30 year fixed rate and then flipped the house 9 months later...netting me 130k.

Also: never borrow money for anything that isn't a house. No nice cars! No atvs! No travel!

[–] 1 pt

Wish more people would learn this instead of just complaining that it is to expensive and want their parents help.

[–] 6 pts

My dad mad $17k a year with his first job. A 3 BR house was $30k.

My friend who is 30 makes $30k/yr. He can't find a better job, they just don't exist. Starter houses are $500k.

There is definitely an economic element.

[–] 1 pt

Sorry 30k a year and you choose to live in a area with 500k homes. You need to move. You would have better jobs also. Your economic element is not choosing to move.

[–] 0 pt (edited )

Starter houses are $500k.

That's fucking ridiculous, it's time to move somewhere more rural. Or better yet, pay a property owner a monthly fee to park your tiny home on their land and tie into their utilities. Pay it off, upgrade, then repeat. If you start with a $500k home you're paying out the ass nothing but interest to the bank. With the tiny home you can actually build equity, then snowball it larger and larger. Hell, even living in an RV is a better deal. Baby steps and sacrifice.

The days of playing by the rules of the system are over. It doesn't work anymore. Gotta operate outside of it and be creative.

[–] [deleted] 0 pt (edited )

Your father would have put down 20% of the purchase price and been stuck with a 15% interest rate. If we do the mortgage math we find your dad would have spent 25% of his take home pay on a house.

Your friend might not be destined for home ownership. If he could use an 80/20 loan to catch the good rates then he would be spending about half his income on a 300,000 house.

I agree the system is rigged, but once you see the marionette strings it becomes navigable.

What we should find more interesting is that your dad supported a wife/kids on 17k/year.

30k is at the poverty line. Better jobs certainly exist. If not where he's at, he can move to where the jobs are, or create his own. Shoot, where I live you can make a killing washing windows. Cheap cost of entry for a business, and the money is good.

[–] [deleted] 6 pts

It is pure insanity. My daughter and husband just purchased a house, ten years ago, it would have only been 200K to buy, it's more than double that now.

They don't want the middle class anymore. Only dirt poor or very rich. They want us divided until we are alone.

[–] [deleted] 4 pts

They realized that normies will consoom regardless of their housing situation. They even scammed women into the workforce instead of the family nursery.

[–] 1 pt

400K? I'd love it if houses were only 400K here. Try 800K to 1 mil

1000 sq foot cottage? It is to divide the haves from the have nots.

if you own nothing, you don't care about politics. You are a slave.

[–] 6 pts

They don't? Isn't that why they still live in their parents basements?

[–] [deleted] 6 pts

Same way they afford education. Debt.

[–] 3 pts

Can't go into debt if you can't get approved for a jumbo loan.

[–] [deleted] 4 pts

Especially when the jumbo loan competition is Blackrock getting 0.0001% interest loans from the (((fed))).

[–] 4 pts

Best way to go these days is to buy a shit box with cash and fix it up

[–] 8 pts

Those shit boxes are priced as if they were already fixed up. And people(chinese and blackrock) are buying them.

[–] 3 pts

This.

Forget about luxuries you see as necessities, i bought dirt cheap in the country side and did over 2 years without running water until i could save enough to dig a well.

Except that most people are too whimpy to pull off something like that.

[–] [deleted] 2 pts

Plenty of White families did this when their wives couldn't leave them with the kids because they didn't like a reduced standard of living.

Eliminate the modern ability to monkey-branch out of living situations the (((MSM))) says are bad. That will greatly improve the ability for men to follow in your footsteps.

[–] 1 pt

Don't marry or cohabitate with women. Problem solved.

[–] 1 pt

I just got plumbing after 6 months of having nothing but a garden hose. Took baths out of a bucket. 10/10 better than being a wage cuck

[–] 1 pt

Um, this was ALWAYS the way to go. You need to start small, and move up once you build equity.

Not around here. Any real fixer upper is sold for cash and they turn around and flip them.

[–] 4 pts

I moved from a shithole state to a free state. The house I bought for 100k in BFE would cost 1.5+ million in the state I moved from.

[–] 3 pts

Afford?

[–] 1 pt

Underrated comment. Fucking lol.

[–] 2 pts

They don't want you or anyone owning anything. They don't want you or anyone smart enough to know how to fix something so you don't have to buy a new one. They want everyone enslaved.

Mortgages used to be similar to HELoC loans. Property taxes used to not exist either. The Federal Reserve sure fucked up a lot of shit, hasn't it.

[–] 2 pts

1) Two full time working adults. 2) Buy further out.

The smartest thing financially is not to live in the first house you buy. Everything about it - if you don't live in it - is tax deductible. So, buy a house that makes a good rental return and is cheap to get into. Pay it off pronto and you're on the way.

One mistake most young people make is thinking they can go into a house like their parents own. No - that takes decades to build to, humble yourself and buy down.

[–] 0 pt

If you don't live in it for at least two years, you'll owe capital gains on appreciation, I thought?

[–] 1 pt

That's just a paperwork issue.

[–] 0 pt

Depends where you live I guess. It's 1 year here in Aus.

But the idea is you don't sell. It's an income machine that you set and forget.

[–] 0 pt

lol "income machine you set and forget"....Yeah until the toilet leaks and they call for repair. I just had to replumb my entire rental just a few months back. It's not cheap. If I were to do it over, I would buy a duplex first. Live in one side and rent the other half out. Their rent basically pays the mortgage so you can make double payments right from the start. Then save for down payment on next house. With a paid off duplex the rent pays for your entire new mortgage and more. I have 3 places right now and sometimes I'm constantly fixing stuff. So if you are pretty handy repairs will be less expensive.

I did it by avoiding debt at all costs. Many of my friends got caught in the Jewish debt trap young and their spending habits are stupid.

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