Thread 60821710

It's over.

don't even know if it's houses speculation or dollar losing value

>>60821764
Is it not obviously both?

>>60821764
It's literally a first world problem because first worlders have become obsessed with beautifying cities and have come up with insane red tape related to house building.
Why do you think third worlders put up with cleaning toilets for peanuts? Because they can put up with it for a decade and save enough money to go back home and build their own home on their plot of land.
Imagine a western wagie saving enough to build a home from scratch with 10 years or less of work? Even if by some miracle he could afford it, he would never be able to jump through the hoops to get approval to build anything.

>>60821710 (OP)
Is the median-priced US home for a single person or for a family? If so, the necessary increase in incomes would be way lower, also depends a lot on how they calculated how you can 'afford' the home.

>>60821790
Its the dollar, priced in gold or priced in shares of the s and p, houses are at very low levels

Dollar devaluation shows up in stocks, gold, real estate, first and in wages never

>>60821710 (OP)
Retarded ragebait tweet
a) Most homebuyers are couples, not single people, and would meet this requirement
b) With just a little time and effort, it's quite easy to make $150k+ in America if you're not a drooling retard

>>60821710 (OP)
no no no this is nothing like 07!

>>60821883
>everything is anti-doomerism cope

>>60821888
People are getting married later and therefore buying homes later. Single people who might get married in 5 years would much rather rent for the time being. This has nothing to do with financial ability. Maybe try looking at a country with an actual problem like Canada or Australia

>>60821764
Housing being affected by supply and demand = not building enough to limit supply while importing millions of migrants and allowing every person and institution on earth to buy in your country to increase demand. This is the main reason for the disparity between now and 50+ years ago because even though the dollar has lost value median wages have kept up with inflation fairly well

>>60821894
>People are getting married later
And why do you think that is, you drooling retard? Do you think people delay getting married and starting a family because they have too much money and just don't feel like moving out of their parents home? You should have been aborted.

>>60821894
are you mentally retarded?

>>60821883
High level retardation in your comment since the image clearly indicates “HOUSEHOLD” income which would include the couple as a whole.

And if it was real easy earning 150k as a household many more people would be doing it and it would become the median.

>>60821928
>>60821976
>>60822009
>All this cope and seethe
Get a job rentncels

>>60821710 (OP)
this has been true for at least half a decade at this point no? at least since covid happened.
>the housing market is now closer to notefun shitcoins than any other market
what a great social experiment America is.
>>60821764
both. retards will deny late stage capitalism and call me a commie because propaganda works on them extremely well

>>60821710 (OP)
Just buy a house with someone.
I bought a house with my brother in 2018 for $300K
Mortgage is $975 each.
Less than 20% of my Net income a month.
Means you only have to make $57K a year to afford a house .
That's perfectly doable.

>>60821830
>priced in gold or priced in shares of the s and p, houses are at very low levels
>"if you compare the price of this thing that is subject to exponentially increasing demand to something else that is also subject to exponentially increasing demand, it's actually quite cheap"
Fucking retard

A dominos pizza manager makes like 120k. What's the problem?

>household
Just make 60k and same with your wife. What’s the problem?

>>60824870
>NOOOO YOU CANT HAVE A DUAL INCOME HOUSEHOLD YOU NEED TO AFFORD A HOUSE ON YOUR OWN SO YOU CAN LURE COLLEGE COEDS INTO YOUR BASEMENT AND KILL THEM!!!!

Also 114k is literally nothing

>>60824808
There's no problem. It's just funny to laugh at the angry zoomers and failure-to-launch millennials who are crying about 6.5% mortgages while the boomers had 15% interest rates, the draft, an oil crisis, and they still managed to pull their bootstraps up and buy a place. It's literally never been easier to get rich and buy a place.

>>60824888
Exactly.

>>60824888
Boomers houses were so cheap they had 3 year mortgages. Think about that for a minute you boomer coock gobbling gaggot.

>>60821710 (OP)
it's called 6 ft, 6 pack, and 6 figure salary sweaty

>>60821710 (OP)
I would worry if just buying a house was something possible, I even see it as more likely to get AIDS or make it with my moomoo than actually having a place to call my own

>>60821894
>just go be slaves and never spend time in the home or with your family
The wife should stay at home tending to the house and children.

>>60823136
>late stage capitalism
You're an unthinking drooler.

>>60824904
Skill issue

The "average" is driven up by the insane costs of a few specific high octane regions (Bay Area, LA, NYC, Boston)

This is a massive country, just move to an affordable midmajor area.

>inb4 whining about how there's no work or pay there

There very clearly is and you immediately live like a little lord out here