Thread 520978128

>"Thanks to Trump you will own nothing and be happy!"
That's it. I'm convinced that Republicans are too stupid and malicious to be allowed to run any country.

>>520978128 (OP)
Isn't property tax just renting from the government.

>>520978128 (OP)

Yes. But if you have a soul, you pass on your payed off house to your kids. They can then either live in it or sell it.

>>520978128 (OP)
I hope it kills all of you.


S H U T

I T

A L L L L L


D O O O W N

You could, you know, just not do it.
But then how would you blame drumpf for your failure of a life?

>>520978245
Yes that’s theft too

Only sales taxes makes sense

>>520978436
Imagine becoming homeless to own the libs.

>>520978128 (OP)
>>520978245
>>520978314
>>520978438
>>520978465
What is the difference between a 50 year mortgage? and rent-to-own? Explain to me like I'm five.

>>520978128 (OP)
Isn’t any mortgage just renting from the bank?

Fucking retard. At least a 50 year would be more affordable

>>520978128 (OP)
At this point, fuck it. Don't they have 100 year mortgages in Singapore or some shit?

>>520978465
Sales tax doesn't make sense either.
If nigger don't pay for food with ebt then who's paying that tax?

>>520978128 (OP)
Bill Burr looks rough... Comes with raising nigger children that are not your own.

>>520978438
>Just except less everyday goy, if you dont youre hecking projecting on god emperor Trump
Youre glazing trump way too much

>>520978819
it probably wont make housing more affordable. I have no idea what the issue in the US is. I would imagine that there just isn't jobs in the right area. A supply issue like here? they keep importing more people and there are not enough houses. so just keep importing more people but say they know how to build houses this time. 5-10 years down the track when there are still not enough houses your no longer in government so it's not your problem

>>520978128 (OP)
at least you know the final price and have in effect a fixed rent. landlords can (for the time being) raise rents. i suppose with the 5o year mortgage you are also responsible for repairs etc.
banks would want to loan repaid before you retire so they must expect a large final payment around you being 65 or whatever the retirement age will be in 2050.

>>520978666
you gain home equity

>>520979002
There's no sales tax on food and clothing in my state.

>>520978245
>Isn't property tax just renting from the government.
Yeah, it's just like that. If my hot water heater went out today I just call up the town office and then send someone to replace it for me.
>>520978128 (OP)
What do you do for work? When do you believe you'll be forced by law to take on a 50 year note on a home?

>>520978465
>Only sales taxes makes sense
How much sales tax does your town collect? What is the cost to do it? What rate would you need to collect sales tax to replace property tax revenue in your municipal budget?

>>520979628
>I have no idea what the issue in the US is.
Ask the people whining about home prices on social media what they do for work and where they're shopping for homes and you'll have your answer.

>>520979893
you cannot retire until the loan is paid off. you need to sell the house and pay off the mortgage. until then you signed the contract and are on the hook. I don't know what happens in the US if you die and no one will sell the house if it's still got a mortgage

Look on the upside if nobody owns anything nobody has anything to loose.

We get our revolt.

>>520980735
>you cannot retire until the loan is paid off
Who told you that?

>>520980730
I don't use social media so I wouldn't know what anyone says on it or care to know. I know why people here complain about housing prices and I know how to fix it but the government of Australia would of done that already if they wanted to

>>520978819
>200$ less each moth while paying the house 3x after you finish in your 90s
good deal, faggot

>>520980805
>I don't use social media
He writes on social media.
>I know why people here complain about housing prices
Because they're unemployed, unemployable but feel they're entitled to live in some high cost of living area prestige real estate market.

>>520980800
I said you could sell the house. what happens when you file for personal bankruptcy in the US? what age do you get social security in the US? will you still be able to pay off the loan? then yeah you can retire.

can you make early payments on a 30 year loan. I know that you guys take a fixed interest term etc so you are paying the same amount agreed to when you took out the loan. so if it's $1,000 a month it's that much for the term of the loan yeah?

Feels good to own my own place outright already. I wonder what's it like being close to retirement and having to think about mortgage payments, must be pretty grim.

>>520980953
>He writes on social media.
kill yourself nigger. when I started posting on 4chan social media wasn't a word

>>520980837
You realize that is completely voluntary right? Either you're leveraging because your investments are earning more than your borrowing rate or you're a low impulse control nigger trying to live above your means.
But this is all irrelevant because nobody in here crying about this has a job, savings, or a triple digit credit score.

>>520980358
Sales tax applies to hot and junk food retard.
The same shit applies to ebt but didn't used to.
So you pay taxes to pay for ebt and sales taxes too.

>>520978245
Not at all. Trust me your house is better with water, roads and fire protection.

>>520980969
>what happens when you file for personal bankruptcy in the US?
That varies by state.
>what age do you get social security in the US?
67 if you were born after 1960. Are you too lazy or too stupid to just google that for yourself?
>will you still be able to pay off the loan?
What's the monthly payment? Did you invest literally nothing in your 50 years of working?
>so if it's $1,000 a month it's that much for the term of the loan yeah?
Typically more or less, though normally property tax and insurance get rolled in as well.
Aren't you guys always claiming that homes were 10 grand back in 1980? If you were still paying your 50 year note on that right now it would be $36 a month.
>>520981025
>I wonder what's it like being close to retirement and having to think about mortgage payments,
How much did the house you live in sell for 30 or 50 years ago? We can plug that into Google and see what your payments would look like if you had taken a mortgage on it back then.
>>520981042
>when I started posting on 4chan social media wasn't a word
Congratulations. Now tell me again why the average poster here isn't a homeowner.

>>520981065
The point is that Trump, instead of making housing more affordable so that young people can start families, he proposes a scheme were you're an indentured goy cattle to the banks for 50 years and presents it as solution to the housing market.

>>520981597
The roads are filled with mexican women that the ticket writers don't arrest and niggers that don't pay insurance or own the car they hit you in and the firemen are the ones starting the fires.

You think fire just start all the time by themselves?

>>520978128 (OP)
No because I plan to live for the next 1000 years

>>520978128 (OP)
both sides harm everyone from their own versions of greed

I know

He ran now they wanna talk to me...

>>520981913
>muh both sides even now
kill yourself

Why do poorfags think they're entitled to free shit?

Get a job, commie.

>>520978245
Yes it's extortion

>>520981659
>instead of making housing more affordable
What do you do for work? How much savings do you have? How is your credit score? Where do you feel you need to own a home?

>>520981930
no thanks
99% of government is corrupt and treasonous and deserves to be hanged. I'll continue to chill in my house in the woods and work for my local electrical company
big city shitters are fag bugs and also deserve nuking

>>520981961
Tell us how you think property tax works.

>>520981913
All parties are zogged out kike golems

>>520982049
Works like extortion works simple as that

>>520981606
when I said people complain was talking about people who are trying to buy a house. I know full well a large portion of the anon's here will never do that. basically I just wanted to know what the issue with housing in the US is. why isn't it affordable. I could ask google but I asked here instead so I don't get some bullshit GAYI reddit hallucination answer. just regular human hallucinations

I understand that a house costs a lot more now than it used to. same as $5 buys me what $2 used to just 5 years ago

to me someone would only take out a 50 year loan because that is all they can afford. say $1,000 a month for 50 years they think they can do that. they think owning a house is worth it. a 30 year mortgage makes more sense because you start working at 16 and buy a house at 22. then you have it paid of at 52 not 72

>>520982126
Tell us you're an unemployed loser who lives with mommy without telling us.

>>520982049
There's gun to your head or you're homeless and you don't own the land you're putting money into.

>>520978436
Did he own the liberals yet?

Closing on a house in a month. Glad more financially illiterate niggers are about to enter the market and prop my home value up almost instantly.

>>520978438
>You could, you know, just not do it.
That's cool but you will still pay higher house prices because of it, regardless.

>>520982187
I have a $300,000 house fully paid off here in Michigan if I don't keep up on property taxes the mfs can just take my house that is 1 for 1 what extortion is

>>520978128 (OP)
>Forever debt is good
Miggers will defend this now

>>520978128 (OP)
Sounds like indentured servitude.

>>520982137
>I just wanted to know what the issue with housing in the US is. why isn't it affordable.
Again, ask the people bitching about it what they do for work, how much savings they have, what their credit rating is, and where they're trying to shop for homes and you'll probably figure it out.
>to me someone would only take out a 50 year loan because that is all they can afford.
Anybody who does that is either getting better returns from their investments than their note or really can't afford it and that's why they're trying to squeeze out an extra hundred or two a month to buy shit they can't afford with money they don't have.
Either way it is entirely voluntary. But let's see if any of these guys who are supposedly struggling chimes in on what they do for work and how much savings they have.

>>520982480
Pretty much

>>520982480
>>520982335
State your alternative. Do you think people should be given free houses? If you're a commie, at least admit it.

>>520978128 (OP)
It's an option so your rent money can go to a home instead of the rental jew, and then you double up payments when you can. Fucking nigger.

>>520978128 (OP)
>I'm convinced that Republicans are too stupid and malicious to be allowed to run any country.
So do something, nigger
You won't
Feckless coward

>>520978666
Rent to owns don't actually exist for anything anybody would want to own. Explain what you think a rent to own is, because I doubt you understand why your question is retarded

>>520978128 (OP)
Fuck the 50 year mortgage. Get rid of all the people that have flooded in is the best start to freeing up the cost of housing.

>>520982640
And then you still have to pay property taxes forever only saving grace is equity goes up but who the fuck will by your house modern day anyways no one that's who

>>520982213
>There's gun to your head or you're homeless and you don't own the land you're putting money into.
Interesting. Where did you learn all of that?
>>520982331
>if I don't keep up on property taxes the mfs can just take my house
Really? Who takes it and what do they do with it afterwards? How much are you paying in property tax right now? Where do you think that money goes and do you have any say in what it's spent on?

>>520978128 (OP)
conservatives conserve nothing

>>520982004
>oh you want affordable housing goy? but have sacrificed your first born to Moloch for it? How is you social credit, did the Jewish overlords approve of your decisions so far? Do you really want a house near you workplace so you won't spend your life commuting?
This is Stockholm syndrome but for the dysfunctional american financial ecosystem.

>>520981659
here's the core detail: white families?

this trump guy kinda sucks ass

>>520982761
>you still have to pay property taxes forever
How much are you paying in property taxes and to whom?

>>520982761
You're already paying property taxes. Do you think shekelberg is taking a loss on that?

>>520982842
Americans aren't white, what white families bro?

>>520982876
Lol

Lose faith on woman acquire faith in god

>>520982834
Who are you quoting? I asked what you do for work, how much savings you have and what is your credit score?

>>520982782
>conservatives conserve nothing
Precisely
They're the fake bad guy - the heavy - in this kayfabe
They are on a self-imposed time limit, which is stupid.
They are against something right up until they are for it, then they flip and support it and all their followers pretend it was always a good thing
Which is why I am not a conservative.
Both factions of the uniparty work together to fuck us over
The openly communist fuckheads and the closeted communist fuckheads
Also, both are being bribed and blackmailed by Israeli intelligence, MI6 and CIA (which are all really the same thing) thanks to the Epstein blackmail operation that ran for decades...

>>520982779
I'm paying over $7000 plus a year on property taxes and it just keeps going up because the dollar is worth shit now. The money sure as hell doesn't go towards the city the fucking government doesn't redo the roads I don't care about schools because it's full shitskins and niggers that don't even want to learn anyways so it's a waste of everyone's money. I don't care about cops or fire department so I don't think I should have to pay for that bullshit if I had a choice of where my taxes went towards that would be different but I don't and that's extortion. You sure babble a lot and ask a lot of dumb questions.

>>520978128 (OP)
Phil Mitchell has a 50 year mortgage?
Trumpy is amazing.

>>520982885
No I am that's my point

>>520982552
thanks for answering the part about the loan being the same for the whole term. I was pretty sure I was correct about it. hear you are much better off trying to get into the housing market and then using the property as leverage to borrow more money. someone who just wanted to own a home would love a 30 year fixed loan for the entire term. it means you know that at least that cost of living will not increase

>>520982956
>I asked what you do for work
i work in IT
>how much savings you have
almost enough to buy a house with cash
>credit score?
I don't have a credit score cause I'm not american. A dystopian nonsense that only China and US would implement. I fact never in my life have I ever taken a credit from a bank, I only buy cash

>>520982568
Can you even build a house?

>>520982272
>enters market just in time for TLD
>nothing ever ha-ACK

>>520980743

underrated.

All that moving the mortgage length from 30 years to 50 does is increase property prices and normalise giving more money to the bank as interest. It doesn't increase the supply of properties so does absolutely nothing to make houses more affordable in the long term.

>>520978128 (OP)
And yet...you will do abso-fucking-lutely nothing about it, because you're a faggot and a bitch. You don't "allow" anything, you're a merit badge millennial who's mommy told him he was special and believed it. That' not our fault.

>>520982779
Communst like you told me.
I learned for you.

>>520978314
>paid off house
>50yr mortgage at 7-8% (probably even higher because anyone taking a 50yr won’t have good credit)
WHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>>520982748

This is very important. Mass immigration is the real threat to housing and cost of living.

Oh yeah, and jews. Jews are responsible for our entire financial system, thus usury is literally everywhere.

>>520983025
should have rented and bought mutual funds/etfs. You played yourself

>>520978819
The problem is that while it sounds on paper, what actually happens is that because the monthly cost is lowered, it becomes more affordable for (((investors))) to sit own unoccupied housing indefinitely. It won't increase the supply, it won't decrease the demand. And now, since (((investors))) are no longer hurt by sitting on empty inventory, the can afford to own even more houses, which in turn increases the cost lol. Basic Economics anyone?

>>520983197
have the used the people live longer excuse yet? once I heard that I can't even access my retirement fund until I am 67 I figured out how to retire at 50 which will probably be 52

>>520983197
Yep. We have a supply and demand problem that was made worse through millions of illegals coming in that live 15 to a house.

>look at me, look at me, I’m complaining
Nobody who’s whining ITT is ever going to be given a mortgage.
What exactly are you moaning about, i suspect you don’t know. Bottoms making noise.
>oh truuuu-uuuump
>why oh why did you do the thingame doo dah. Orange man bad.
>sarr.
Lets have a thread theme while i put pants on to go out to find munchies in this mad max wasteland of orangeness..
https://m.youtube.com/watch?v=sFacWGBJ_cs

>>520983203
Tick… tock… Tick… tock…
Drumpfy failed to kick out the illegals like we asked, so enjoy the pendulum swinging back early. Republicans failed

>>520983292
You pay more in rent in the long run you get no equity back from renting either so you're just pissing the money away for nothing

>>520983352
I take it an illegal cannot own a house in the US without someone else really owning it. so I take it that landlords are renting it out to them. is that legal?

>>520983393
Lol rent based economy

How I know you have no space to get rich?

>>520983384
You're crying on /fagpol/ while Trump just rapes you and dissolves universal suffrage while deporting your electorate. I feel pretty happy

it's pretty sad the internet has been reduced to looking at what retards posted on twitter, that place is legitimately 90 IQ

>>520983434
Who knows anymore they make the rules so they don't have to follow them like natural born citizens

>>520983454
I don't think you understand how things work here in the states and that's understandable

>>520983434
Yes it’s legal to rent to whoever you want to. In fact you aren’t allowed to discriminate based on national origin.

>>520983463
No, sorry, Trump isn’t going to repeal anything or deport anyone like we asked. Just token social media videos to make the red faced boomers clap like seals. Bet you think 0 crossings is true too lmao
The woman vote is going to destroy you once again and you still won’t learn

>>520978128 (OP)
Heres the reality. It gives people who want to buy a home a chance to pay lower per month. This is actually genius because even if it were to take a long time to pay it off. The equity wouldve increased enough to the point of where it offset the price of the home. Paying it off with time and money. It gets more people into the home owner market. Exactly what libtards have wanted because lord knows they have 0 dollars to spend on a downpayment. I see you retards with very little savings age 18-30. Compared to conservatives who CONSERVE money.
>BUT MUH RURAL POOR PEOPLE
Sorry little guy, check money for same city. The leftist cannot save money, they don't understand it. Check out Caleb Hammer

>>520983393
You get 8% minimum annualized return on SnP mutual funds the most boring ones. Over the course of 15 years you make about 1.5 extra million dollars just renting, keeping your expense profile low and putting disposable income into these financial baskets.

>>520983541
yeah but if you knew they were in the US illegal as the landlord. I know they will never get in trouble for it.

I would say it's similar here but you need employment history etc to get a lease. they wont just give some homeless cunt who says he makes enough. they would at least want bank statements

>>520983366
>commie fuckhead kike meme flag
>GSRRM

>>520983573
>My unreasonable reality isn't coming true! So all is doomed
You're retarded

>>520983393
>equity
And owing money money to a credit lender makes you a good person.
yeah

>>520983650
They do credit checks / "Need to make 3x rent amount to live here" all the time for

>>520983573
Except he is, and you're a coddled idiot who thinks the cock you experimented with in college, ass full of cum and a gay little credential will make you in charge. I won't, you got free money for a temporary moment in history and are rightfully the loser your own behavior has cut you out to be.

>>520983025
>I'm paying over $7000 plus a year on property taxes
23.33 mills is crazy.
>The money sure as hell doesn't go towards the city
At some point you might consider getting involved with local government to attempt to sort out what the fuck they're doing with all that money.
>I don't care about schools because it's full shitskins
OK, that explains where all the money is going.
>if I had a choice of where my taxes went towards
Don't you? I sat on the budget committee in my town for several years and every year we all get to turn up at town meeting to vote yea or nay on every single line item.
Do you guys not have that in your area?

>>520983686
Never said it did

>>520978128 (OP)
>Isn't a 50 year mortgage just renting from the bank
So is a 30 year mortgage.
So is a 15 year mortgage.
Easy Credit is what caused housing prices to skyrocket in the first place.

>>520983696
I got no clue how the illegals make money. my brain think's they all just run taco trucks and sell drugs and it's all cash. I know that can't be 100% true

I am sure some illegal immigrant probably owns a bunch of houses by now

>>520978128 (OP)
>D- don't worry guys it's just 4-d chess. In the end it will all be alright. And if not, it's the demonrats fault (we control all 3 branches of government)

>>520983650
They find a way. There is always someone willing to rent if the money is there. Especially those who are slumlords. We’ve got millions of illegals here and 99% of them live somewhere. It’s a thing for sure. There’s absolutely nothing illegal about renting to an illegal.

>>520978819
>More Affordable
>Pay another 50% interest above the price of the house to the bank on top of the 100% cost above the value of the house you were paying with your 30 year mortgage in the first place.

>>520983724
>At some point you might consider getting involved with local government to attempt to sort out what the fuck they're doing with all that money
Nah no point Michigan always has democratic retards I'll be long dead before anything changes. We have a city council but it's always a bunch of old rich white retired fucks making dumb decisions.

>>520983708
We know you think about getting fucked in the ass a lot. I guess it's because your neighborhood is now full of fully legal and based H1B MAGA jeets.

>>520983744
Make it 110 countries.

>>520978128 (OP)
You seriously think people pay off their 30 mortgages?

>>520980800
The same person who told him you can't sell a house that still has a mortgage on it.
He's confused with "upside down on a mortgage" and "has a mortgage".

>>520983158
>almost enough to buy a house with cash
So what are you bitching about? Go buy a house and be done with it. Nobody is forcing you or anybody else to take a 50 year note.
>>520983248
Who do you believe is forcing you to take a 50 year note on a home? Do you even have a job?
>>520983330
>it becomes more affordable for (((investors))) to sit own unoccupied housing indefinitely.
Do you believe that only jewish people are allowed to purchase homes? If you believe that owning an empty home forever is some sort of infinite free money glitch why don't you cob together some money or credit and start doing it?

>>520983796
no that was illegal immigration. last year of weekend at brandons regime you saw that market squeeze of rent prices

a completely average, regular-ass 3 bedroom house in my city was $3,500/mo

>>520983846
I think you get in shit for harbouring a fugitive or something here. I could be completely wrong. it seems rare here, people overstay their visa and they will start looking for them after awhile. when it happens it's mostly their family hiding them. I don't even know how much of it is just them not understanding immigration law at all. I swear they let anyone in, doesn't matter if you cannot read English you have a licence in your home country, they might of changed that by now

>>520978128 (OP)
There will be barely any difference in monthly payment between a 30yr 6.5% loan and a 50yr 7.5% loan except that the jews will make an extra 1,000,000 off you in interest.

>>520982834
that shitskin gyppo is back to whine and cry about America in English on an american website for attention

yet again.

>>520984007
No, Boomers thinking the value of their house goes up relative to how much money they paid the bank for it with a constant line goes up 3-5% compounding interest every year forever attitude towards selling is what caused it. Illegal Immigration just compounded it.

When you were the only responsible adult in the room...

>>520978128 (OP)
Keep the shut down going. Let housing crash

>>520978128 (OP)
both sides work for same jews because democracy is jewish scam to keep you passive while they rob you and your people blind

>>520983203
The pendulum is already swinging back so hard the hinges are going to break off. The republican party is done.

>>520984149
Yep

>>520984137
This.
I have cash to buy a house if prices drop to where they should be. I'm not getting a 7% mortgage on an overinflated half million dollar plywood piece of shit built on cinderblocks sunk into sand like my mother has.

>>520984149
This.
"Democracy" needs to be dragged out behind the garden shed and a bullet metaphorically put into the back of its head
Then fed to pigs

>>520984219
I would definitely wait I had no choice but to buy my house during COVID and I paid way more than I should have but it was the only place available at the time. I was stuck in a trailer paying $1500 a month for rent buying the house was cheaper than continuing to pay rent

>>520984453
That's the reality of most housing purchases. The ability to time the market is limited to a set few who have the luxury to not buy right now; for everyone else, it's just roulette whether you buy at a good time or a bad time, as other circumstances are driving the purchase.

>>520983914
>We have a city council but it's always a bunch of old rich white retired fucks making dumb decisions.
That sucks. If it's any consolation just letting any fuckwit resident come in and go full-democracy at a budget doesn't necessarily shake out much better, but a small few of us in my town did manage to root out pretty much all our crooks over the past year.
Michigan has a FOIA law and I suspect if you're paying attention you could use that to your advantage. I did one here and 4 people resigned over what turned out to be federal grant fraud and misappropriation of funds.
Naught for nothing, but just waiting around for someone else to try to change any of that isn't going to help you. Unless you're in a rather large city it is very likely you personally, as an average bloke, could make a real change in your lifetime.

>>520984696
It's a pretty big city but I'll have to check that out thanks for the heads up

>>520983203
Mommy was a Boomer, Boomer.

>>520978245
>Isn't property tax just renting from the government.

>>520984913
No, that's more like protection money.

i own my house outright after 30 years of living in it, thanks to the right to buy. every year you live in your rented home, you get a discount off the price of it and eventually own it or can buy it at any stage using your discount. best system imo.

>>520984800
>It's a pretty big city
Good luck. Ultimately it sucks but we're largely in the spot we are because people who just want to keep themselves to themselves haven't gotten involved in any of this sort of thing and left it all to self dealing lunatics who either think there's an infinite amount of free shit to be given away or know better and don't care so long as they stay in power.

>sign 50 year mortgage
>ai takes all the jobs in your area except menial ones in 2 years
>everything else is taken by shitskins
>nearest possible job is 300 miles away
>still have to pay the bank
>48 years left

what now?

>>520985873
>>ai takes all the jobs
What sort of work do you do that a chatbot can replace you at doing?

I lost, tranny

>>520985873
>what now?
Sell the home and collect the two years worth of equity you've already built.

muttoids will defend this kek

>>520986447
pajeet

>>520986580
wrong
try again yahudi

>>520986447
Show your flag, post pics of your brown hand with timestamp, and tell us how this effects you.

>>520986687
paki

you are literally the same thing

>>520986687
>Just 275 per month
Into the S&P 500 for the next 50 years = around 5M.
Post pics of your brown hand with timestamp and explain how this hurts you.

>>520986706
>>520986742
wrong, stay on topic kike rats

how did USA went down the hill so much?

>usury is based now
we laugh at the muttoid

>>520986909
>we are aryan saar

show us your snow white hand, jeetsheet

>>520986909
>>520987034
Show your flag, post pics of your brown hand with timestamp and tell us how this effects you.

Random is not me moment

>>520987207
its pratshit yet again

>>520978128 (OP)
If people can own thier own house why would they keep working? If people can grow thier own food how will jews earn sheckles from you buying them? Did you republitards think of that?

>>520978128 (OP)
Landlords win again

>>520986447
The value of the dollar isn't static, its constantly declining relative to real assets due to inflation.

Go back in time and do that calculation up to the present. Say in 1995 you borrowed $150,000 at 6% on a 30 year mortgage and just paid it off this year.

You would have paid ~$320,000, about ~$170,000 in interest over the life of that loan. That didn't even keep up with inflation, $150,000 in 1995 is worth $324,000 in 2025. And that money didn't just vanish into the nether, you built equity and now own a house that is probably worth north of $300,000 after paying all of that. You can sell it and get all your money back or keep living there for no cost other than maintenance and taxes/utilities.

I simply assumed it was easy to find one mom 8 dads

But impossible to find one male with 8 kids on the same picture

>>520978128 (OP)
it's worse actually. you take a risk on capital appreciation/depreciation

>>520982905
aren't anymore, and there's lies the problem - it starts with race

there's no problem in national socialism if it's for your own kind - not a mixed race jewish shithole

>>520980730
Typical "I got mine" boomer scum attitude.

>>520978128 (OP)
I love the thought of Timmy losing his house, it brings warmth to my soul to imagine millions of white people dying from exposure

>>520989843
>Everybody who isn't a whiny failure is 80 years old.
What do you do for work? I do have mine, but I didn't get it from sitting around jacking off, smoking grass and getting mad at social media feeling sorry for myself.

>>520990427
Boomer is a mentality (specifically: retardation), boomer.

>>520981606
>Now tell me again why the average poster here isn't a homeowner.
Jews, and boomers who vote for jews.

So we're all just ignoring the elephant in the ruins, then.
That every aspect of western society right now is owned, ran, and blessed by the grace of banks, and is set-up to wholly please solely the wants, needs, and demands and pleasures of the banks and the suit-and-tie ecclesiarchy, to the point that nothing else matters and they are making peoples' lives worse so they can consolidate further control.

>>520978128 (OP)
Worse. You're on the hook for stuff that your landlord would fix for no additional cost.

>>520978245
You get the property rights and exclusive use of something you did not create.

I havent heard anything about this are you sure its not just leftytroon twitter delusions

>>520978128 (OP)
1000 year mortgage, here we come!

>>520991198
Most of the damage has come from ignoring the banks warnings. Populist economics always fuck everything up, and they would have been better off if they'd listened to the mean, greedy bankers. Just look at South America: a century of caudillos doing BASED policies that fuck things up more than if they'd just went golfing.

>>520978666
Rent-to-Own is closer to a car lease than it is a mortgage agreement. You get a reduced monthly "rent" cost so you can save up for a down payment for the property you're living in. If contracted well, it can be a win-win for both parties because they can afford a mortgage for the house they're already living in and the renter/seller can make income as a less-than-evil landlord. Even if the landlord decides to sell to someone else, you should have a better opportunity to buy a home due to savings.

A 50-year mortgage is a 30 year mortgage, except you might not live long enough to pay it off. This turns your "affordable housing" into both a financial and generational issue while the bank gets another 30% ROI over 50 years.

>>520978128 (OP)
bill burr looks like shit

>>520981065
job
savings
triple digit credit score

lol, I have ONE of those. we're so fucked anons

>>520981930
>he thinks the sides are left v right
nobody tell him

But is ok when woman do it...

>>520988030
Mamdani was right.

>>520981065
It isn't an option if it becomes normalized and prices adjust to that new normal.

>>520978465
It doesn't even make sense that sales tax is being collected for online transactions in other states. How is my state ensuring commerce outside of delivery?

>>520982272
You're probably lying like a guy I know. He said he bought his house. Turns out he lied, his parents gave him his house. Then he sold that house, took the money from that and bought another house, then sold it to make a killing, then moved back, then sold it again and now he's rich in one of the best neighborhoods in the state.
His IQ is probably 90 by the way he's operated and he's set for life, all because his parents loved him.

>>520992090
>the bank gets another 30% ROI over 50 years.
130% since they just loan the money into existence

>>520978128 (OP)
HAHAH time to sell all your belongings for more meth.
>>520978314
You will own NOTHING not even industrial items.

>>520978128 (OP)
You don't own nothing, goyim!

>>520978128 (OP)
Uppity Irish do they all look like germans with red hair?

>>520984137
The most menacing Irish men had full face tattoos. Those were the only menacing ones the ones without were just pricks.

>>520991198
>the elephant in the ruins,
It's comical when you Jeets try to use western idiom and come up with shit like this. Do tell us more about elephants though, Sukhdeep.

Just 100 yeras of labor for husband and wife, this is trickle down, this is family values.

I'm sure the gallows will be build by bootstrapping young man, and enterpreneurial onlyfans girls.
A business plan no banker will be able to say no to.
This future path does not hold free market principles and small goverment conservative in their heart.
The reagan generation of D'nish and Ted Cruz will surely find another failure to back.

goyim really rent homes from banks and think they own it? wtf lol

>>520980730
Post address, boomerniggertrannyfaggot, if you don’t post your nose jewnigger

>>520992823
its called being old

>>520986889
>throw your money at le stock market (rigged jewish casino), only to get rug pulled when the charade collapses on itself
All stock market niggers and their associates must hang from the neck until dead

you dont have equity when you rent when you own you do
you dont have to take 50 years to pay it off

know what?

nevermind stay poor
you're right there's no other option for you

>>520997242
Irish dogs they make lots of crime don't trust them.

>>520997157
>rigged jewish casino)
Tell us what you believe stock is.

>>520978128 (OP)
If you actually pay your mortgage for 50 years, you'll get completely ripped off. I saw someone post earlier about a scenario where if you're buying a house for $400k, at the end of the 50 years, you end up paying like $1.2 million. Now, who knows how much that house will be worth in 50 years. Maybe it'll be worth $50 billion due to crazy inflation. But, if you can pay the mortgage off much earlier, let's say 30 years, then you will end paying much less in interest (obviously). If you can sell the house sometime during that 50 years, I guess you could still make equity, but there is a cutoff point depending on the house's current value. This all seems like common sense, but maybe I'm wrong.

I guess the main point of the 50-year mortgage is to give people who couldn't afford it otherwise a better chance at ownership. What they should really do is pass legislation that caps the down-payment to like 1% or something, so you would only have to pay $4k initially on a $400k home, but can still make a larger payment if you have the cash.

>>520978128 (OP)
Well now you know what the actual root of the existential enemy problem is, illiberal leftist. No matter how subject the possession that is your normal brain is to change.

are you happy yet?

>>520979628
>I have no idea what the issue in the US is.

Same issue as everywhere. Banks have decided to use housing mortgages as the foundation of their business and one of the few truly stable investments that is immuna against inflation due to money printing.So LINE MUST GO UP, which is increasingly ad oods with the fact that housing also has the very real purpose of, you know, being housing. So nonstop imports of fresh demand are coupled with regulations that ensure scarcity through sabotaging supply expansion.

In essence, housing nowadays fulfills the same function as gold in the 1900s, which leads to a situation that is impossible to maintain within the near future as housing already has another purpose besides looking pretty and being valuable.

>>520978128 (OP)
If you pay the minimum for 50 years, you deserve to be a slave.

>>520978666
I can't wait til you jeets are unable to come here anymore.

>>520998837
>socialize everything and export jobs overseas
>put all the minorities on welfare and then import millions of them a year
>create programs to incentivize banks giving loans to brown people with no credit meaning they can charge them whatever they want
>the fed now has to pay the bank back for the mortgage the nigger defaulted on, which was inflated in price so they get more money from the fed
>wtf housing prices keep going up lol

>>520999314
>socialize everything

Everything was privatized though.

>>520999645
Right one of the largest banks in the world being a US bank solely for socialized mortgages is actually free market capitalism

>>520978128 (OP)
>Americans Phil Mitchell posting.
My culture is not a costume anon.

>>521001914
It's mad how he hasn't changed a bit in decades.

>>520984005
>Who do you believe is forcing you to take a 50 year note on a home? Do you even have a job?
His job is raging about Trump on slash pol

>>520978438
you could just not, blame illegals for everything going wrong with your life. you could just you know, not be racist as they dont effect you in any way but you blame them for all your failures

>>521002720
Shut up pajeet.