If it's been bought outright, not a bad deal. If it has a monthly payment other than the standard HOA fees for these types of condos, bad deal.

>>60611742 (OP)
> 5k a month just for a heated/cooled basic shelter
The problem is paying for the mortgage end of next year, when there are zero jobs in NYC beyond food service, police and whoring

>>60611742 (OP)
What's with the slop in every single picture? You can drop 800k and can't afford a proper meal to celebrate?

i cant even fathom living in jew york, absolutely disgusting and soulless.

>>60612028
AI learned to make these posts emotionally relatable with guilty meals.

>>60611742 (OP)
It's not letting me swipe

>>60611742 (OP)
These reddit posts of these fags posting photos with their keys and pizza make me want to gouge their eyes out. Trying to be quirky and virtue signal online is the ultimate faggotry

>>60611742 (OP)
What is a "co-op" unit exactly?

>>60611749
an hoa fee for an apartment like this in Manhattan is somehow like 2000 a month

>>60612431
It’s a room in a shared home with other people living in other rooms. Kitchen and bathroom and living room are shared

>>60611742 (OP)
nyc is a overcrowded cesspool shithole
u don't really need to stay in ny to make money unless u like sucking jew dicks

>>60612449
Ahh ok - thats fucked

>>60612070
kek

>>60612449
Oh Jesus Christ
Three quarters of a mil
And he has to share a bathroom with diarrhoea fags

>>60611742 (OP)
Why just not living in port container for 150$ a month instead?

>>60612449
that is not what is meant by a coop in places like New York. it has to do with how the ownership of the building is structured. you actually have your own apartment without a fucking roommate hahah.

>>60612449
>0.75M at over 6% interest for a shared cuckbox

>>60611742 (OP)
>bought
>co-op

lmao

>>60612449
auch, holy shit, imagine spending that much to live in an area full of niggers and noise when you could go to Alaska and actually build a fucking house from zero. On top of that you pay for the provilige of having to share kitchen and bathroom with jamal and abdul

I guess I shouldn't be surprised, but I really am shocked this many people have no idea what a fucking coop is. it doesn't mean you have a roommate and share a fucking kitchen and bathroom. you're thinking of something like an SRO or just having roommates. a coop has to do with how ownership of the building is structured, not that you have to llive with a random person in your apartment.

>>60611742 (OP)
>Over half a million dollars to live in 1 bedroom apartment in a city that smells like shit
Lol
Lmao even

i wouldnt finance a hotdog, let alone a overpriced shoebox

sorry pal, my dividends let me retire and travel the world in my 30s

>>60611787
>60612509
>60612449

retarded europeans

>>60612449
lol no, the building is shared ownership. You get your own apartment, but technically don’t own your apartment, you own a share in the building. You do pay less per square footage for this, because to get shit approved you have to get the coop board to agree, which can be a slight headache or may not matter at all depending on the building and board. But this is probably half if not most buildings in NYC.

>>60612509
these people dont wanna live in the middle of nowhere but goddamn there has to be some inbetween. does america not have small-middle sized cities with non retarded prices? they're all over the place in europe

>>60611749
he's telling you the interest rate, it's not bought outright, retard

>>60611749
>>60612437
>>60612431

A co-op is like an HOA on steroids. You pay the standard HOA fees, but because it is a "co-operative", you all share the cost of paying off the cost of the building/the underlying mortgage (and any future repairs et al) in addition to the HOA shit.

>>60611787
It’s the financial capital of the most powerful country in the world. It has jobs in EVERY Industry.

>>60611742 (OP)
It's going to make money because it's NYC and Trump is in favor of the same immigration plan that has fucked the housing market up in every other white nation so no not really

>>60612028
>pizza is slop
Kill yourself brown

>>60611742 (OP)
>Did I get ripped off?
Rates: maximum
Price: aberrant
Loss: incurred
Pain: incoming

>>60612989
This cycle is broken completely by governments realising they can just import 1% of India and China's population every year

>>60612999
rich immigration to america is going down

>>60612999
>import 1% of India
They have no money. There is no more demand. The prices are absurd. It's propped up by (((Your))) wallet

>>60613007
>>60613002
in Australia and Canada they import thousands of literal Dalit shitskin per year and their houses are skyrocketing at this very moment and have been for years. Same strategy and outcome is being tried in Spain, UK, Japan. All will have the same outcome. Literal Dalit and Punjab brown hellspawn in numbers, for a few years, WILL take your jobs and become rich

>>60612028
How is pizza slop? It's literally like 5 ingredients.

>>60613030
>lol

>>60613028
>WILL take your jobs and become rich
Nobody will become rich.
Everyone will just become poor.

>>60613045
Yeah and while all of us whiteys find it insulting to have 5 people living in a small NYC apartment, Sanjeet and his entire family will gladly build bunk beds for 6 adults and split the loan with all of their stinky minimum wage jobs

>>60613050
thinking indians are shitty (i agree don't get me wrong) isn't a good reason to invest in real estate

>>60612865
Yes but even those are starting to get expensive. At least $400k for a normal house.
Hell even small towns expect $300k for a FUCKING TOWNHOUSE when the norm was always $150-200k.

>>60612865
>does america not have small-middle sized cities
most of america is small-middle sized cities
reddit is just obsessed with living like sardines

>>60613057
>asset which is almost guaranteed to appreciate is...LE BAD, FOR REASONS??
Just admit you're a rentoid

>>60613184
my house is owned outright and worth $3MM currently

>>60613209
Sounds like you invested in real estate

>>60613220
doesn't mean buying real estate now is a good idea. it is not.

>>60613230
Are interest rates and immigration going down or no?

>>60611742 (OP)
i'd stick with the suburbs unless you're rich.

>>60612052
It has a soul, just a thoroughly corrupted and slimy one.

But you're absolutely right about it being disgusting.

>>60612489
Correct, it has to do with ownership structure. Google AI answer:
>In New York City, a co-op, or cooperative, is a type of housing where residents own shares in a corporation that owns the entire building, rather than owning their individual apartments directly. When you buy into a co-op, you're buying shares in the corporation and receiving a proprietary lease that gives you the right to occupy a specific apartment.

So you don't really "own" your own unit, you own "shares" in the whole building but have the sole right to occupy your particular unit.

>>60612070
Lmfao I hate this

>>60613002
Banchot! Me fucking!? It is not bloody rich immigration. It is 10-income household of stinky curry shit splattering scammers crammed together with a luxurious paradise of 3 inches personal space they have never before experience. Delve into the matter and you will understand what I say to be truthful. Otherwise the American household is one or two income per.

>>60611749

Its fucking jew york city, thats a bad deal however you slice it.

>>60612989
Nice, so I should sell my house now.
and then uh live in a van for 7 years until I can buy low.

>>60612983
>>60613036
>white bread and coke is healthy
No wonder y'all fat as fuck

>>60611742 (OP)
these fucking photos with the pizza and keys in a bought house man, jesus christ

but you get to say "I live in New York city"

>>60612028
It maximizes upvotes on this sub. Putting your hecking floofer in the photo helps too.

>>60611742 (OP)
he makes $330k/yr btw

>>60612070
First thing on /biz/ that made me genuinely laugh in a while, thanks Anon

>>60613524
>>60612449
>So you don't really "own" your own unit, you own "shares"
My god... it's even worse than shared shitter

>>60615616
>>60612954
How is it worse? I don't understand how dropping a million dollars on an apartment in a building you don't even have control over is better.

>>60612028
It's a meme you retard.

>>60615560
Which imo makes it worth it. If his HOA is $2K a month (on the higher end), his monthly payments are around $6K a month. At $72,000 a year that's a lot of money, but there's a 100% chance that moving to any other city in the country will come with at least a $100K pay deduction, so he's still coming out ahead. This is why people live in New York.

>>60615656
Meme is something you post effortlessly, not going out of your way to buy shittiest meal imaginable

>>60615688
>ugh they went through all the effort of going downstairs to grab a pizza from the place on the corner, they should've doordashed something instead (also slop)

>>60615712

>>60615688
>pizza is SHIT
get a life, incel

>>60615560
key word "made"
it's probably variable compensation

>>60612070
lmao

>>60613946
smart people are selling and renting, yes. you can get some great deals on rent right now. up to 4 months free

>>60612070

>>60612070
The Chinese have some good jokes. The Japanese never really made me laugh, but the Chinks have good bants

>>60615757
$330K is a not unheard of salary in NYC, 30% of households in Manhattan make $200K+

>>60615777
if it was his salary he would say "i make"

>>60613030
Depends on the pizza. Neapolitan is based. Americuck Dominos-tier shit is slop.
>cheap flour
>GMO vegetables
>mountains of shitty cheese
Especially the fact Americans seem to need fuck tons of low quality cheese on everything is why they're all lardasses.

>>60613524
Would be a shame if the (((corporation))) rugpulled you by diluting your shares and you're put out on the streets.

>>60611742 (OP)
>$745k poverty room
>co-op

Urbanoids are literal subhuman

>>60615656
>How is it worse?
why would you buy shares in a deteriorating physical thing? they probably dont even own the land...
>I don't understand how dropping a million dollars on an apartment in a building you don't even have control over is better.
this is in the same category. real difference is negligible.
buying apartments is retarded. Toronto's market is currently collapsing IIRC.
just rent and buy bitcoin until you can spend 5%-10% of your net worth to buy outright (if desired)

>>60615762
what a retarded post

>>60615797
It will most likely be the same or higher next year

>>60618331
says who? you know him? he your boyfriend? lol

>>60618337
just how finance works bud

>>60612070
This is the best content I have seen on /biz/ in 2025. Also the perfect thread to post it in, bravo

>>60612070
OP's image and this have the exact same energy

>>60611742 (OP)
Fuck yes. Co-ops in NYC charge a ridiculous amount in fees. He's probably paying ~2k every month depending on how nice the building and location is. That's on top of your usual expenses.
In exchange for that, the purchase price is usually a lot lower.

>>60612464
>>60612477
>>60612500
>>60612509
Look at all these fucking retards. Why don't you use google for once instead of just immediately believing the first thing you see on a Laotian Beluga taming forum.

>>60612070
what is the source of this? I need more chinese 3D comedy in my life. These guys aint so bad

JEWW YOOOORK
JABA JABA DINKY GO CRAZY
THESE JABA INSPIRE YOU

LET'S JABAJA JEW YORK (JEW YORK)
JA JABA JABA JA DO WITH YOU
THEY COME FROM THE SEWERS TOO

LETS JOOBAJA JEW YOOOORK (JEW YORK)

>piano ding ding DING DING plonk plonk plonk

>>60613030
Grain sludge

>>60612070
Cozy

>>60612865
Yes but then you have to factor in a commute time to get to the bigger city from the smaller city.

>>60612070
>Sleeping in an L Shape
holy fuck

>>60612070
I don't get it, why do you all find this funny? This is literally how the chinese live and not at all how Americans live. Are you all just chinese government disinformation employees?...

>>60620826
yes

>>60611742 (OP)
No, you got scammed.

>>60612989
>Still a gorillion illegals
>No end to visa workers
>Less couples than ever before
It's not crashing in 27. I'm sorry anon.

>>60612865
Just bought 1 acre of land with creek for 14k
It's 10 min from a town with 17k population
1 hour from a city with 1M population

Urbanites are insanely retarded

>>60611742 (OP)
>745k for a hole in the wall in the middle of a run-down, stinking, concrete jungle filled with subhuman thugs and jews

>>60620849
holy shit i love that picture, the disgust on her face, the body language, the setting, the reality that this is the American middle class she pretends to be equal to, to care about. The total illusion shattered by a pot plant in a sink.