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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] • 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.

[–] • 1 pt (edited )

Nope, my parents saved for 2 yrs and bought a house outright.

My dad even bought a new corvette with what he made from a summer job in college.

Feminism and mass immigration has fucked the economy more than most people undersand.

[–] • 1 pt

No, that is the result of inflation from the kike bankers endlessly printing money and charging us interest for it.