Should I put a bunch of money down for my house or just as little as possible to keep it invested?

>>60549607 (OP)
You should buy without a mortgage, but with less than 5% of your net worth

>>60549607 (OP)
1.7 million for a chicken coop. not bad at all

Why has everyone just accepted the fact buying a home is impossible and moved on with their life as if it’s not going to end badly in a few decades when we have a bunch of rentoid zoomers and millennials without any pensions without any homes….

We just gona have massive amounts of zoomer and millennials homeless? Or will everyone be living in a cuckshed?

>>60549612
Only America offers that

>>60549607 (OP)
>big corner plot
Almost certainly being marketed as a teardown.

>>60549666
Unwillingness to think/plan for the future, either the suicide pods or some dirt cheap complete shit boomer rental home is where they're destined (probably both)

I'd pocket the money and buy a mansion in China for 200k dollars, buy a brand new car for 7k dollars and spend the rest of the money on mahjong and hookers for the next 50 years. Chinese century.

>>60549666
Checked, Mr beast will run YouTube contests like “50 millennials survive in sensory deprivation chambers for the chance to win a pod house (sponsored by boxabl + hims)”. Other than that you ain’t buying a house

>>60549630
That's a great house

>>60549727
based

>>60549666
> Citizens will be on their best behavior.
They bet on robots being everywhere in ten years, policing everyone who displays signs of discontent.
You can't do anything against an ecosystem of AIs with superhuman intelligence and actuators managing the world.
This is the end game. Pods + MAID for everyone.

>>60549666
Funny you think it will get that bad before there's all our societal collapse and war lords will rule America. All solar panels and batteries will be rounded up for the war lords and you'll either join a militia or get merked

>>60549666
>why has everyone accepted that buying a home is impossible
they haven't; plenty of millennials are homeowners; you're just hanging out in online spaces with terminally-online doomers so your perception of reality is warped

>>60549607 (OP)
>not Conshohocken PA

You must be new here

>>60549666
Because the cattle has been successfully brainwashed by the WEF psyops.
>you
>will
>own
>nothing
>and
>you
>will
>be
>happy

>>60549666
Serfs have always worked for their lords

>>60549612

>just be worth $10M so you can buy a $500k house in cash bro

>>60550901
>plenty of millennials are homeowners
>homeowners

No, they are not Home Owners, they are "Loan Owners". They walked into a bank and took out a loan, nothing more, nothing less. It's the bank's house, not theirs. Nobody actually owns anything in the US, they just own debt.

>>60549607 (OP)
I think we're in uncharted territory, as everything America has been done through the lens of boomer economics. In other words, the world order is shifting due to the realities of technology and time, and that means the good ol' days of 3% interest rates and tolerable prices are at an end. What this means for home purchasing and attempting to jump start the American economy, I don't know, but as the system continues to flounder expect nothing to change and expect something that targets the younger generation to "help" them purchase homes.

This means buy in if you feel comfortable with your monthly payments and don't want to be a rentoid forever. If you're waiting and saving because the monthly would be too high, or your job is on the cutting block, wait and pray. I expect the system to morph incrementally, NOT collapse, which means all those poor zoomers and millennials will be "acceptable collateral." I don't think the system is dumb enough to destroy the "middle class" in so far that they don't have access to homes. Weaker retirements and wages, yes, but no access to homes? What kind of depopulation/mass city migration scenario would need to happen for entire populations to be priced out forever from having a place to raise a family, especially the productive? I don't think the elite have the power to rug pull the world into something like from The Matrix.
>>60551005
You vill enjoy stakeholder capitalism by paying rent and be happy.

>>60551237
Well thought out post, anon. I hope your prediction is correct because the alternative scenario seems much worse. Glad I bought in 2020: 30 year at 3.375%

>>60550929
Too expensive

Just move to a different state. Why the hell do you want to drop $1.7 mil (it'll be WAY more than that if you get a mortgage on that with these interest rates) on a shack?

>>60552007
They just cherry picked some crazy corner lot in some desirable neighborhood for elite. Buyers will level the house and big a giant ugly box with black paint

>>60549666

Zoomer and Millennial retards will just vote in a Communist Muslim president. By that time, most of our politicians will be white-haters anyways. Then they'll vote to confiscate and distribute everyone's 401ks and other assets, using a military/police force that is 90% Hispanic.

They'll get their homes by killing all of the Millennials and Zoomers that actually saved up money and made smart decisions with it.

>>60549666
I will inherit my parents home in 30 more years, then I can finally start living my life.

>>60549666
You are a loser of your generation

>>60551081
>you have a low interest mortgage that gives you a fixed housing payment for 30 years and then no longer have to make payments, and you get tax deductions on your interest and property taxes paid
>I am so much smarter having to pay rent that increases 4% per year until death

Insane cope

>>60552045
After interacting with the average cryptard I don't feel one bit bad for you

>>60555212
Gen z is cheating

>>60555212
This is bullshit stats

In my country home ownership for those 60+ is like 95%

For 40 and under it’s like 35%

>>60549607 (OP)
if you're confident that you can make more with the money you kept than your interest rate, then keep it. otherwise put it in the house

also you can usually directly deposit money into the principle whenever you feel like it, don't necessarily have to commit to the down payment

>>60549630
It's on the shore. The land is valuable and is meant to be bought by a developer. Y'all are falling for bait.

I own a whole bitcoin and also have about 30k in other assets, and I'm about to buy a house. Putting 5% down and keeping my portfolio the way it is so it grows. This is my first house. I'm nervous bros.

>>60549607 (OP)
as little as possible so when the next crisis hits "your" house will be taken by the bank the fed just saved twice from going bankrupt