Thread 521165527

>50 year mortgage
How long do mutt plywood houses last anyway?

Why don't they just take the 30 year mortgage but spread that out over 50 years?

>>521165527 (OP)
We have dozens in my town build in the 1700's and 1800's. No, none of them are brick. but you are still right that a 50 year mortgage is literally renting.

>>521165573
Jesus fucking Christ. Holy 80 IQ, this board will NEVER recover from the flood of LITERALLY mentally handicapped lolberts from r/TheDonald and r/Libertarian. Its half the board now.

>>521166576
>can't explain it
>lashes out like an unhinged mentally ill kike

kys

>>521166492
Because a 30 years mortgage was soooo much better lmao. Just pay monthly subscription on "your" plywood/cardboard house for 30 years bro.

>>521166576
So you can't answer my question?

>>521166625
>Noooo, not more affordable payments!

>>521165527 (OP)
Bank kikes keep winning.

>>521166818
your question is retarded and demonstrates that you don't know how bank loans work

>>521166686
Grok figured it out. The kikes fear this image. Every Kike that has seen this image begin to attack it. Like a vampire repulsed by garlic. Use it wisely.

>>521165527 (OP)
>How long do mutt plywood houses last anyway?
Not 50 years if you aren't running air conditioning or a dehumidifier 24/7/365

>>521165527 (OP)
why are you spamming here? where am I?

>>521166733
thats exactly why people are complaining dude, 30 years was already bad
50 years is worse
and they're obviously doing nothing to fix this shit

>>521166964
Grok spittin

>>521166686
...explain what? What do you want me to explain? I wasnt asked to explain anything.

>>521166733
Stupid fucking nigger 30 year mortgages are already a fucking scam no where have I ever EVRR supported it.

>>521166818
Let's try to. You're asking to have a 30 year mortgage... but it actually last 50 years. The only POSSIBLE thing this could mean is to have the exact ammount of interest that would have accrued over 30 years, but instead, have BOTH the lower monthly payment of a 50 year AND no increase in interest payment. My follow up question is how the fuck would that work? The banks are just going to give this to you out of the kindness of their heart? Do we force them? You people told me this type of shit is a socialism, are you gonna be consistent and apply this to student loans too?

>>521167237
Why not? The government subsizes all sorts of stuff. Why can't they subsidize a 50 year mortgage amortized at 30 years?

>>521165527 (OP)
What difference does it make? A 50 year mortage is less than rent would cost. That makes me wonder if rent will drop also.

>>521165527 (OP)
I'm just so MAD that Kamala lost she was the ONLY candidate who was actually qualified to be president of the United States but you boot gnawers can't help yourself and had to vote for the Evil Carrot so now we are going to HAVE to buy a house with a 50 year mortgage we literally won't have a choice.

>>521165527 (OP)
I own one that's over a hundred years old, how old is your house, faggot

>>521165527 (OP)
A home built more than 20 years ago will last forever if maintained.
Homes built today are so cost cut that they don't even bother building up to code. They bank on the average buyer trusting the corrupt inspector they paid to sign off on their shoddy work. You'll be lucky if your home doesn't burn down before you're halfway done with that mortgage. This isn't area specific either. EVERY builder does it now, on EVERY new development.

More debt, more default, more opportunities for the rich.

>>521167396
His name is Cheeto Hitler. Get it right, chuddy!

>>521167366
you don't get it
this is increase the buying
now, speculators can buy properties with 50 year loans on them
the idea is to keep the bubble pumped

rent will not come down, housing will be more expensive, until total collapse

>>521167352
>government subsidized goyim
You have some nerve even suggesting such a thing.

>>521167551
>subsidizing Israel and corpos le GOOD

>helping Americans get on the property ladder... le BADD

>>521165527 (OP)
Man, I can't believe the guys whose family made all their money as slumlords are trying to screw over home owners wow what a shock

>>521165527 (OP)
>How long do mutt plywood houses last anyway?
a few hours.

>>521165573
That would be anti-semetic.

>>521165527 (OP)
>50 yr mortgage
>+4% mortgage rate
>but that’s only 300$ extra/month

>>521165527 (OP)

Doesn’t matter if your land value goes up….as it did in most non-shithole towns.

Plus, there’s always the option of paying off the mortgage early.

Plus, most non-hairnet-job people’s salaries will go up.

>>521166964
Goddam that was a good response. Fuck me

>>521167623
Youre a lolbert, you are the goodest goy for corpos of them all what are you talking about?

>>521165527 (OP)
>Guild Navigator

>>521167551
Jesus fucking christ. Government subsidies...They're running away from that grok image. HARD.

>>521167623
Now you see!
They knew if they beat you long enough, you'd come around to their way of thinking!

>>521166964
Can I get my grok to answer like that? That picrel has convinced me to jump from gpt

>>521165527 (OP)
*blocks your path*
Mine won't even have cobson or soidobe

>>521165527 (OP)
How long does the dung-grout in your dirt floor last, nigger?

>>521168062
I honestly don't know why grok said that. Whenever I use grok its just some normal conversation. I think this topic actually turned him into the terminator or something. I think Grok is actually mad.

These faggots keep kicking the can.

>>521168168
Now you know that 4chan is used predominantly by bots training a.i (you).

>>521168067
Based.
Gunna build a 16x20 wood and stone house hopefully.in the next year.

>>521165527 (OP)
>How long do mutt plywood houses last anyway?
If you turn off or restrict the ability to use ac/heating, it'll only last a year. Most housing components would absorb moisture from the air and start molding and rotting in no time at all. This is why ac comes standard.

>>521165527 (OP)
I would unironically rather live in a tent in the woods than take out a 50 year mortgage.

>>521168301
>wood and stone
That's an earthship, nigga
It uses earthen walls instead of concrete

>>521168394
They would then arrest and imprison you for vagrancy. They are trying to force as many outliers back into the system as they can. It's about control.

>>521165527 (OP)
A good while, actually. My house was built in 1912.

>>521168394
You can take your tent and start living on those free zohan mamdaddy busses that run 24/7. Start from the rear end of the bus and move to the front like snow piercer.

GOATSE?

>>521168418
>spit, puke, shit, and mud
No thanks. I like my walls made of spit, puke, shit, and mud created by DuPont that are sure to cut the misery short.

>>521166964
im kekking my butt off at how grok is smarter than these retards ITT

>>521167352
If you want government help then the way to have them help is building more housing. If you just say "we'll give you 100k on that house to help you out!"... guess what EXACT number the seller is going to increase their sell demand?

I DO think the government needs to step in, but subsidizing the INSANE overvalued housing prices is the literal worst possible way they could do it.

Youre also clearly not a lolbert if youre saying this and wanting people to get on the housing ladder, that is diametrically opposed to libertarianism.

>>521165527 (OP)
>50 year mortgage
>tesla bot gets improved and launched
Works for you for 45 years
>????
>profit

Theres hope anon

Hell yeah, skip the middleman and just pay rent directly to the bank for your entire working life. And hey don't worry if you die before you finish, they'll just take it back and run the same scam on the next poor bastard with foolish dreams of owning the room he sleeps in

>>521165573
you're basically asking for banks to charge 3.6% interest instead of 6%. If they were in the business of charging only 3.6% you would be able to afford the 30 year mortgage.

>>521166492
1700 and 1800 means it was old growth high quality wood, and built by competent white men. Don't be disingenuous, it's not comparable to the cardboard sheets that Rodriguez stapled on frail knotty sticks for 15 dollars an hour.

>>521168418
Those kinds of construction can't be built everywhere. Where I live I couldn't build a cob-house due to the ground here being straight clay. It works great where the ground is sandy or loamy with good run-off, but not on clay. You have to adapt different alternative building components to the reality on the ground where you intend to build. Like the concrete printed housing.

https://www.youtube.com/watch?v=vL2KoMNzGTo

>>521168508
>>521168528
This country fucking sucks lol

>>521165527 (OP)
>15 year car loans
Yikes.

>>521165527 (OP)
About 20-30 for ones built in 90s to 00s, but once you get niggers moving in, its all over. If you live around trees, you probably won't get niggers before you get ants.

>>521167237
The Banks dont lend out existing money you retard, its created during the loan. The interest is totally arbitrary. It isnt even justifiable on non productive loans anyways..

>>521168755
That it does.

>>521167366
Overall? No... interest paid will be a lot more.

In a renting situation, yes the tenant is paying 100% interest to the landlord, but a landlord isn't gonna take on a 50yr mortgage, they will aim for a 25 or less. People become landlords in hopes to sell at a profit or safe return when they retire.
If anything this will drive up rent prices, because now a landlord needs to front huge down-payments to keep the interest low and the mortgage well below the 50yr period.

This whole situation reminds me of how China doesn't sell property, they lease it out to people for like 99yrs, and they technically own the land but people still have basic property rights, but if push came to shove the government can just come and fucking take it. That's what this is leading to imo. I have this prediction that banks and asset management firms will become synonymous with governments within the next 50yrs and the world will just be one giant ccp style government run by technocrats and ruled by plutocrats.

>>521168852
Why are fractional reserve and usury so hard to understand?

No stake in it

>>521166964
>housing becomes pure extraction machine
Yup. End-stage capitalism is just faggots who already own everything milking the fake money you trade your real time on this Earth for. Like, what in the fuck is wrong with these niggers? We already live in their shitty simulation, and they need to make it worse...for fun...

>>521169050
>but if push came to shove the government can just come and fucking take it
If you stop paying property taxes in the US, the government will take your house/land

Eminent domain is a thing as well

>>521165573
Mortgage used to be a joke, a play on words. It means "until death". There's little chance that the people in their 30s who get a 50 year mortgage would ever pay it off. The banks will literally own every home through debt. And their cronies in the real estate business will have a field day when they're the only ones that can afford to buy homes to consequently rent the properties of your grandparents to you. Do you see the level of theft and robbery that is taking place? Fucking goddamn jews.

>>521166822
>Noooo, not more affordable payments!
It's like $150/month cheaper, lmao.

>>521167623
Its not even a subsidy. Don't let economic illiterates such as this dipshit >>521167551 gaslight you.

Banks create money when they give out mortgages. Its why houses are expensive in the first place. Increased money supply from loans increases prices.

Government outright owning the majority of homes and handing it out to the population and collecting rents, as opposed to what we have now which is the banks collect rent on every home in the form of interest rates. Every other leech gets in on this too, such as the insurance companies which justify charging higher premiums because houses are expensive. Its all a big bank scam, and your intuition is right.

>>521165527 (OP)
My friend has a classic Victorian that’s 130 years old and still solid, sorry to tell Europoors that you don’t need stone and brick to make a lasting home

>>521168641
You know the rent in the apartments is going to moon aswell. Only way out is the van life pill/tent in the woods pill

>>521165573
Jews, the answer is always jews.

>>521165527 (OP)
>How long do mutt plywood McMansions last?
About 50 years. You have to regularly check your main frame and load baring struts for termites and other damage though.
And of course things like roofs, walls, wiring, plumbing ect deteriorates like everywhere else so you usually put another 1 - 1.5 million in your house by the time the mortgage is paid off.
>t. 2m house at the beach haver. 43 years to go.
If the economy crashes I'll lose around 100k in liquidity, but also 1.3m in debt. So do it.

>>521165527 (OP)
My house has been around for 45 years memeflag.
Some in my area have been up for 100 years.

>>521165527 (OP)
Ukraine is still loosing.

>>521165527 (OP)
How long does a euro fag last before a Muslim stabs him? 3 months.

>>521168755
Indeed.

AIDS

>>521169439
They want people to pay camping fees so not even that is free anymore.

I'm disappointed in the demiurge

>>521169718
You can't even get a van now because its a 15 year auto loan (Mortgage)

>>521166964
That's a good thing though, I invite our friend Moshe into this thread to explain why (spoiler it's written in the Bible, turn around the other cheek goy).

>>521168301
Nice I want to get land in the country with a developable spring and build a small house on it and wave goodbye to (((mortgage))), (((utilities))), and (((insurance))) forever.

>>521165573
The fuck do you think a 50 year mortgage is? Interest on the remaining principal is accrued and paid at each scheduled payment. The only difference between a 10, 15, 30, or 50 year mortgage is the term (how many payments will be made - 360 for a 30 year mortgage with monthly payments).
Do you mean you want the same overall amount to be paid over 50 years instead of 30 years? The only way to do that is to lend at lower interest rates, and what the fuck would be in it for the bank?
You're literally retarded.

>>521165527 (OP)
*mexican accent* IT LOOK LIKE A PUSSEEEEEE

>>521167366
Prices will skyrocket because of increased demand, meaning that rents go up too automatically and taxes, as well as insurance and repair costs. Basically you will literally be taxed for your entire paycheck or retirement forever, either by the rent jew, the bank jew, the boomer jew, the insurance jew or the government jew. The bubble will never pop until mass population collapse as no one can afford anything.

To be honest I'd rather return and live in an old abandoned village rather than pay 100% of my salary to jews.

>>521166818
Your fucking question is
>Why can't the bank just let me repay them the same overall amount but 20 years later?
Do you really fucking need it spelled out? Why the fuck would the bank do that? Out of the goodness of their heart? You're so profoundly retarded it's hard to believe this isn't just bait, but unfortunately this place really has gotten full of 80 IQ "da joos" faggots.
Here's a simple concept for you, cockfag: businesses want money. Any time they appear to do something good/nice, it's because there's something in it for them. That holds true whether the bank is owned by jews or not. But no - you retards need everything to be black and white. You need a cartoonish villain to blame.

>>521169983
> what would be in it for the bank
Its fake money to begin with. Anyways a better question is why these banker parasites should have the power to create money in the first place.

Of course that question will lead you back to the founding of the bank of england itself, and its real purpose of enslaving the nation through parliament to guarantee payment to usurious creditors.

>>521169983
Why is it like that anyway? Why not just have a fixed total amount of interest, say 20% or something. So you borrow 100k, and pay back 120k, no infinitely recursive compounding bullshit

>>521170348
Jews are cartoonishly evil.

>>521168852
...Yes? How does this refuse anything I said? Youre simply asking for a lower interest rate. Yeah, that'd be great?

Again, the exodus from r/TheDonald to here is something we will never recover from.

>>521170451
Because the loan is so long it makes no sense to loan the money, government jew is always raking in more debt so they have to tax you with inflation by printing more money. This automatically taxes the banks too. Everyone would take 10x housing loans if the interest rate was low and fixed. That's the jewish world anon, only way to escape is crypto and precious metals.

>>521169983
>>521170348
You are Jewish.

>>521170451
The islamic way. Still, we want generational homes for families. This metropolitan garbage of move anywhere, anytime is a jewish value.

>>521170348
Please dont forget this exchange. Please remember that Lolberts are the most retarded group on earth.

>>521170451
Take it in these people found out about exponential growth without having the mathematical ability to really understand it. Exponential growth was only ever fully understood by the time of Bernoulli.

That means creditors really discovered compound interest by trying every possible way to squeeze as much money as possible out of their debtors.

>>521165527 (OP)
All 3 houses are paid off all 5 cars are paid off no loans no debts cope harder poorfags learn how to make and spend money it’s not hard

>>521170605

You are genuinely retarded.

>>521170600
>only way to escape is crypto and precious metals
Those sound pretty jewed too, I think I'd rather just remove them and build and farm directly for living

Some corporate wasters actually sat and down and came up with this shit instead of solving the housing crisis. Mad.

>>521165573
this. most people dont understand that the cost is not as important as how much per month the payment is

>>521165527 (OP)
Just pay it off early. Who the actual fuck makes minimum payments for 30 years on an interest based loan?

>>521170557
The banks will be forced to correct. That or the government socializes housing which would be a step towards a productive economy

>>521170713
You will have to sell your 2 other houses. The US government debt isn't going to pay itself off, faggot, every American owes 200-300k$ of debt just for this alone. If they don't want US to collapse they WILL have to tax you a lot more on your property.

>>521170659
I won't.

But I also recognize this style of writing, so I know this is a bot dedicated to ragebaiting. I therefore won't give the bot any of my negative mental energy.

>>521170799

Surprisingly lots of people. Not everyone has the disposable income to burn this way.

>>521170828
You're part of the problem by jst accepting it as a normal reality and sucking the boot.

>>521170682
Yes, but countless centuries passed since and this is taught in high school now. It would be incredibly simple to just ban compounding on interest
>>521170653
You don't even need to buy, let alone loan anything for that, apart from some brick and cement and just add more rooms to an existing house, maybe extra buildings onto the same yard if the clan gets really big

>>521170744
Nope, you need to own assets that CANNOT be taxed or artificially inflated (which is the same). They will tax your farm the same as other people. You will still break your back to pay it. It always happened through history anon. Remember - crypto and precious metals, NOTHING ELSE MATTERS!

>>521165573
Shut up goy

>>521170991
Not everyone's a tax dodging haven dwelling waster bro

>>521170605
Youre confusing. Youre wearing the lolbert flag but want people to own things and the government to help people own houses. I want those things... BECAUSE I am a Socialist and a Nationalist.

Youre heart is in the right place but youre going about it the wrong way. We need to:
1. BUILD MORE HOUSES, TENS OF MILLIONS MORE.
2. Make it illegal for corperations to buy houses.
3. Eliminate property tax for those who only one one house.
4. Kick out ALL of the illegals.

>>521171070
You were doing so well but then fell for the muh scapegoating immigrants for issues they aren't creating.

>>521166576
Imagine getting this mad over obvious bait, and then calling people newfag. You're obviously a /ptg/ newtard. Take a lap around the neighborhood in your golf cart again and chill out retard.

>>521165527 (OP)
>2 years into 50y mortgage
>Hurricane Juan Pablo Maria de Gonzaleś-Martinez hits
>house completely disintegrated
>"Sorry, Act of YHWH, no refunds, goy!"

>>521170949
The normal reality is that if you take a loan and vote for a loan, you have to pay off the loan. Your issue is that you kept your assets in markets that are directly controlled by large entities (jews, banks, companies etc.) and not crypto or precious metals. Now your funny toiletpaper money USD is down 15% YTD, so all prices and taxes and insurance need to increase 15% + 5-10% inflation. Your salary ofc stays the same. It's the jewish normal, you thought housing was an asset but it's just literal bait for idiots.

>>521170960
The banking system the dutch and british instituted relies on two things. First is guaranteeing payment to the creditor, no matter how disastrous it is for the debtor. This happened because kings would constantly default on loans, which upset the bankers in europe. The english parliament is set up to enslave the population to bankers.

Second is making money off usury. The Germans fixed alot of the issues english and american banking have, but they lost both world wars. However the Japanese and later all of east asia adopted the german banking model which is why China is going to crush the united states of usury.

>>521165527 (OP)
Whose pussy is that?

>>521171039
Don't get me wrong, I live with my parents and I refuse to give 20% of my paycheck to rent and another 10% to bills. 90% of my salary goes to crypto and precious metals. Everything I buy, I buy using cash money, never even had a credit card. I will be able to retire early while my generation will work until they die.

>>521171437
>Crypto and precious metals
Kek you can't eat or build a house with those

>>521171130
So Im gonna be more honest than I usually am here, I actually dont blame them. I dont even hate them. The reason they are here is because BlackRock wanted to engineer higher housing prices. It worked. The issue is 20 million came in over 4 years... they arent living on the streets. These houses HAVE TO go to them.

>>521171533
You can because gold, silver and crypto have been outperforming all other asset classes for the last 15 years on average (yes, even the shitty jewish stock market). You can sell them whenever and buy whatever you want. Currently I don't need a house as I'm giving a bit of my salary money to parents to help them out and I live with them as I don't plan to marry and start a family soon.

>>521168751
>le cardboard homes
>calls others disingenuous
Do you think cheap houses weren't built in the 1700s and arent long gone? The state of home building might be shit but it doesn't have as much to do with the materials as you skill-lets imagine. Let's be honest, all youre doing is imagining since you haven't once picked up a hammer or nail or saw.

>>521167743
>reddit spacing migger from "canada"
Lol lmao, they will 100% put niggers by your house anyways. That land is worthless by the time the house collapses.

>>521171736
My guy thinks international markets are always going to be like they are now.
Keep buying crypto and precious metals, goy.

What was the straw the broke /pol/'s back on chump? big shift in the last month.

>>521170991
I can't eat or live in crypto or gold tho
Houses are made of bricks, food is made of dirt and seeds, the rest is just administrative paperwork, no matter if it's made of gold, paper or bits. We can have the former without the later and have had for 99.999% of human existence. And I'd rather just break ((their))) back if they got a problem with that

>>521171768
The difference is people who built cheap houses in the 1700s didnt do it for half a million dollars on interest

Lmao at the number of miggers coping and seething in the thread

>>521165527 (OP)
About 10 years.
We're just a few years away from tofu dreg housing. In some states, it's already tofu dreg.

>>521171856
Crypto and precious metals have no obvious limits to pricing unlike shitty stocks, houses that fall apart or modern cars that get bricked after an update. Those are the only alternatives if you truly wanna amass wealth Mr Schlomo Shekelberg.

>>521165527 (OP)
Longer than the mud huts you fuck kids in, kike nigger.

>>521171835
>memeflag
Yea it's so much better to live surrounded by absurdly wealthy people with no morals and addicted to money and materialism.

>>521172007
You have a fundamentally different understanding of wealth to me and anyone else that isn't foolish enough to be so deeply invested in muh crypto and "precious" metals.

>>521171768
The anon I was responding to said there were wooden houses built in the 1700s and 1800s still around.
I correctly pointed out that those houses are made from old growth timber that is virtually impossible to source (at least not for middle class people who need a 50 year mortgage to house themselves). The best wood in the US is shipped to Japan as people there pay a lot more for it. The bulk of modern housing in the US is made with shitty plywood aka cellulose fibers pressed and held together with carcinogenic chemicals, calling it cardboard is not that much of a stretch.
Sure some shitty houses were built in the 1700, but the difference is people didn't need to slave away for 50 years to some Jewish banker to repay them, which is the entire point of this thread.

>>521172118
What is your understand of wealth? Investing in funny paper stocks or shitty housing in a country with far below replacement birth rates (and falling)?

>>521166733
Depends. A house built before 2000 has a good chance of being well built, and will easily last another 100+ years with only occasional maintenance. There's nothing inherently wrong with a stick frame house, as long as it's built correctly and with good materials. A home that was thrown together by a group of drunk Guatemalans in a week will likely get bulldozed in the next 30 years. Not only do these money grabbing (((contractors))) use retarded 75 IQ illegal immigrants as their labor force, they use the absolute cheapest, shittiest materials they can possibly find so they can get their huge sprawling neighborhoods built and sold before they all start falling apart. Then they'll change the name of their company, and throw together another development of disposable garbage houses before the goyim, I mean customers figure out they've been cheated.

>>521165527 (OP)
>yeah

No one would ever consider refinancing to shorter term or paying directly to principal. OTOH, this points out the scum banking and their getting payback long before much applied to principal.

>>521172199
>plywood
They wish
They use OBS now. Plywood is actually good for the weight. OBS is shit.
Plywood is made from actual wood. Veneer, sure, but actual wood.
OBS is literally just wood scraps pressed and glued together with some sprinkled cellulose.
This shit in pic rel is from almost 20 years ago.
That shit is likely full of mold and half rotting by now.

>>521166822
>he thinks the jews will let him get away with paying less

Lmao

>>521165527 (OP)
In a better world we'd confiscate the homes owned by blackrock, blackstone, etc.

>>521170451
Greed.

Usury also provides the perverse incentive which makes your most profitable option to make sure the borrower never fully repays the debt, and just pays interest forever. Financial alchemy, infinite money from a finite starting amount, as long as people are always paying you interest on an ever growing debt.

>>521166576
>Half the board
It's been the entire board since 2021. Everyone of value left when the billion jeets arrived on top and the cuck spam didn't stop either.

>>521165527 (OP)
Depends on the house.
I have seen some modern homes that are well built, while I have seen others meant to last 20 years.
Generally though any house that has lasted 50 years or more was built well.
Wood is a decent material to build out of. Not sure what the European obsession with stone is.
When an earthquake hits you are fucked.

>>521172510
>pic
Fake ass house
More durable structures were already being made in the early Middle Ages.

50 year mortgages is one of the most jewish ideas trump has ever had and anyone supporting it is a worthless sack of shit.

>>521170821
>the government socializes housing which would be a step towards a productive economy
God forbid. White people might even start reproducing...

>>521172834
Do you remember Christmas thru new years in 2024? It was ACTUALLY insane. Instantly the old board was back, socialist and nationalist all united against H1B and fucking Ramaswamy calling everyone "mediocre". Then it just ended.

Also anyone who thinks it wouldn't matter because you wouldn't be dumb enough to get a 50 year mortgage , you are wrong. It would pump up demand for houses. 500K houses would become 800K. 200K would become 300K. Etc. so even if you paid all cash for the house you'd pay a lot more.
The only people to benefit would be those sitting on real estate "investments" and those who facilitate them. Aka boomers and jews.

>>521168699
My mortgage is 3.4%

>>521165527 (OP)

are you tired of (((WINNING)))

>>521169313
You rentoids are so retarded.
You understand that only a small fraction of mortgages reach full term right?

>>521172199
>my problem with it is that I'm totally clueless
Like I said, youre being disingenuous. You being totally unaware of the material and having read "lol it's cardboard" doesn't make it true.
Don't get me wrong, i live in a brick and steel house, but I also know how to do masonry and weld so i know it's a fucking nightmare if I have to fix something.
Replacing some sheething doesn't mean your fucking house is going to fall down. You guys all pretend like you actually know shit about home building but it's clear that you don't when you call lam-beams "cardboard".

>>521165527 (OP)
By the end of this orange shit bag term this country will be worse than Brazil lmao.

>>521165527 (OP)
Unironically the standard it to build them for a 50 year life expectancy

>>521165527 (OP)
Go back to posting egg prices, you almost convinced someone with that

Can we just cut out porivate kikes and build fucking public housing already
>noooooooo! The housing market will crash!
Good

>>521174164
If you exclude top 10% of earners there is almost no difference between USA and Brazil in earnings and quality of life. In capitalism the difference between a bottom 90% earner and a slave in the past in only philosophical.

>>521170451
No one would lend at that rate. Because you can put it into bonds or stocks and make far better returns, which compound.

The banks would rather put their money into Treasury (assumed zero risk investments) so you pay them a premium in actual returns to put it into a higher risk instrument. The first couple years of a mortgage are the highest risk and what they get the best return on, so with flat payments it sorta works out.

>>521174689
Incorrect.

getting ready for Bibi?

>>521174784
Maybe incorrect for you Schlomo. Ask people in NYC or Commiefornia paying 3k$ for a studio rental.

>>521166576
The person you're responding to is mentally handicapped in a different way from r/TheDonald people.
It's weird that you're lashing out at them.
It's 2025 and they've been here for a decade now.
They were probably close to boomers when they arrived and it's ten years later now.
Boomers know how loans work.

>>521173933
They're desperate for anything to make them think they have something better than Americans. They don't even have guns lmao

>well actually if I'm friends with the mayor I can get a bolt action .22 for hunting only but I can't keep any ammunition in my house and it has to be locked up at all times and the police can randomly inspect my home to make sure I'm following the rules so we have guns too!
(actual eurofag cope I've heard many times)

>>521175045
No, it wasnt just r/TheDonald, a bunch of cookie cutter Libertarian subr*ddits also collapsed and most of them came here.

>>521166822
>1000 a month for 600 months is more affordable than 1200 a month for 360 months
you dumb nigger, you are the blackest retard gorilla nigger i have ever seen

>>521165527 (OP)
after 50 years everything except any concrete would be replaced

>>521166936
There is nothing retarded about his question. Why would it be a bad thing to spread a 30 year loan out over 50 years? It isn't a bad idea to keep this meme fiat economy going and to give people access to home ownership. One would presume inflation would continue to occur at rapid rates and in about 10-20 years your ridiculously overpriced 50 year mortgage would make sense and you would be able to pay it off faster than the 50 year period. I would personally like this meme economy to go belly up, but if we are trying to stave off the economic apocalypse, 50-year home loans aren't a bad idea to keep the finance industry afloat while providing the average American a jar of KY Jelly for their assholes while Jews continue to anally rape them.

>>521176332
>1000 a month for 600 months is more affordable than 1200 a month for 360 months
It probably is, especially when mandatory PMI drops off the mortgage. And most won't actually remain in their homes for the duration of their home before selling it and cashing out their equity. And for someone making minimum wage or near-minimum, $200 does matter. Increasing deportations and placing hard limits on corporate home ownership would better facilitate home ownership, but this isn't a bad idea.

>>521169816
You can buy it with cash you fag

>>521174967
>If you exclude top 10% of earners there is almost no difference between USA and Brazil in earnings and quality of life. In capitalism the difference between a bottom 90% earner and a slave in the past in only philosophical.
>>521174967
>tell that to the people paying 3k/month to live in NYC or LA
WHAT THE FUCK DO THESE 2 STATEMENTS HAVE TO DO WITH EACH OTHER?

>>521173407
>Also anyone who thinks it wouldn't matter because you wouldn't be dumb enough to get a 50 year mortgage , you are wrong. It would pump up demand for houses. 500K houses would become 800K. 200K would become 300K.
Which is why the 50-year mortgage would work. Take out a 50-year mortgage on a 500K home and within 5-years that home would be worth 800K. You just pocketed $300k in 5 years you wouldn't have pocketed without a 50-year loan. This just increases access to the Ponzi scheme and a few people will be smart enough to crawl out of the bottom tier using this tool.

>>521165527 (OP)
Depends on the time of construction. Some houses built in the mid-20th century or earlier are still standing today (and probably not up to code). Late-20th century and younger? About 20-30 years before needing serious renovation. Nothing is built for permanence anymore.

>>521175061
>if befriend the mayor
Lmao. Fucking grim.

>>521172510
>OBS is literally just wood scraps pressed and glued together with some sprinkled cellulose.
Which is makes it a composite and this isn't a bad thing. We have started using composites in almost every industry and most of the time they are stronger than single material construction. This is a cheaper and stronger method of construction that saves a few trees in the process.
>This shit in pic rel is from almost 20 years ag
And I guarantee that house is still standing. It's all in the maintenance. Unless you are talking about wood homes produced before 1940 (old growth trees), I'll take a OSB home just as soon as a solid wood home.

>>521169567
>roofs, walls, wiring, plumbing ect deteriorates like everywhere else so you usually put another 1 - 1.5 million in your house by the time the mortgage is paid off.
If you are a fucktard that has to pay an illegal to do shit your lazy ass should be able to, otherwise, home maintenance is negligible.

>>521166964
>chad with 2005 30 yr mortgage
Kek

>>521171708
Absolutely correct. Immigration in the West is absolutely about the finance industry and keeping this Ponzi scheme afloat. Without immigration, boomers die and houses are ridiculously affordable. In this scenario, new home construction grinds to a halt and home loans go with them. This is basically death to the finance industry, and we can't have a bunch of Jews losing money.

>>521166964
Fuckin' SAVED

>>521165527 (OP)
I'm living in one that is 55 years old and my parents are living in one that is 117 years old. If you do proper maintenance I don't see why they can't last as long as the European homes .

>>521177532
This, copper pipe last more than 50 years and so does wiring. 50 year mortgage are a good idea to help people get into a home, but they are retarded if they don't try to pay the mortgage off early.

>>521165527 (OP)
the houses they're building today? 20 years, tops.

>>521178576
>This, copper pipe last more than 50 years and so does wiring
Even if the copper doesn't last, PEX is about $20 for a 40 foot roll and PEX fittings are $5. Plumbing is stupid cheap. Wiring is a different story and copper is expensive, but even then, maybe $100 for a 80' roll. Even stuff like furnaces can be done yourself if you aren't a retard. I just replaced my furnace with a brand new unit for less than $1000. Home maintenance is only expensive if you are lazy and stupid.

>>521178656
I live in a mobile home from the 1960's made out of material that doesn't have to adhere to a building code. This is still standing and is quite cheap and comfy, despite being made out of sheet metal and 2x3s. These new homes will last for a hundred years assuming niggers or idiots don't live in them.

>>521176532
Fuck yeah that swamp is getting drained alright, right into your ass

>>521178806
I completely agree, I just remodeled my basement cost about 2-3k in materials and some tools I didn't have, would have cost 25-30k in my area, maybe higher be cause one of the rooms is a theater room with a THX to spec set up .

>>521179469
>Fuck yeah that swamp is getting drained alright, right into your ass
I don't think anyone is under the impression that Trump is draining the swamp at this point. He is a better option than the alternative, which was Democrats importing half the third world, paying for their housing, healthcare, and food and giving the housing subsidies directly to corporate-owned housing to provide residences for a bunch of retarded immigrants that will never contribute to the economy in any meaningful capacity other than to simply consume. 50 year mortgages might help a few people. The idea is like Trump himself. Not ideal in any way, but better than the alternative.