If your parents are still alive and you DON'T live with them you're a leech

You are artificially inflating the demand for housing and thus pricing out people who need it

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  1. 2 weeks ago
    Anonymous

    Housing has never been cheaper, you're just poor.

    • 2 weeks ago
      Anonymous

      I'm not moving out for at least another 20 years, and even if I could I wouldn't want to

      • 2 weeks ago
        Anonymous

        Lmao, I take it you don't have your own wife and kids. Better get on that before the norwood comes for you moron.

        • 2 weeks ago
          Anonymous

          i have a girlfriend who has already agreed to share her retired parents' house with me when they pass. chuds don't know

        • 2 weeks ago
          Anonymous

          the what?

        • 2 weeks ago
          Anonymous

          The norwood came to me very early, started buzz cutting a decade ago. I'm getting on fin/min soon after I get a prescription for fin. I don't care about side effects anymore.

          > Akshually, basement dwelling is the greatest virtue.

          It is if you don't actively date.

          Anyone else have parents who rent and are sad you won't be keeping any property in the family? Everyone around me has their family house and beach house they'll inherit. Feels bad bros

          Tough luck, be the first to break the cycle anon. Do you have hair at least?

          >investing cash in housing

          lmao, you buy with as little down as possible you moron

          the only play in housing is leverage, the government isn't going to give you hundreds of thousands to go play the crypto casino, or the stock market, but they'll give it to you if you buy a house

          you can buy with 3% down, but it gets better, you go into one of those "first time homebuyer programs" who pay the 3% down payment for you as long as you live in it for 3-5 years, so you can basically get a home for free

          then there's the equity gain, from 1963 to 2004 home prices have risen on average 5.68% per year, so after 3 years you have 18% equity which drops PMI from your mortgage saving you even more money

          so you buy a 400k house now, pay nothing to move in, in 3 years its worth 472k, rates fall and you have 20% equity so you refinance, then you rent it out to some moron who pays your mortgage off for you and gives you extra cash per month

          and it's not just the ~25k/year in equity gains, you get massive tax deductions. the interest you pay is tax deduct-able. the property tax you pay is tax deduct-able. if you convert it to a rental, you can deduct depreciation, maintenance, repairs, management fees, etc., literally all the income is going to be tax free after deductions

          >prices increased on average during the height of the American Empire
          >history is basically over, it will stay exactly the same for eternity
          I'm not saying the US will collapse during our lifetimes, but it is already stagnating. It is only a matter of time before massive public housing projects pop up everywhere and absolutely shit on the housing market.

          Feels like most of the world got psyop'd into this. Here in my shithole back like 2 decades ago you'd likely build on your parent's land or build a small adjacent house, which doesn't look good and is quite shitty IMO but it doesn't have to be. Also, people used to build themselves with help from family and friends, and that's how people managed to have a roof over their heads for very cheap. But that's no longer the case, we fell to this psyop as well.

          Most of the cost isn't the labor of building. It is location, materials, permits, interest, and profit. Even if you build by yourself you will be paying out of your ass.

  2. 2 weeks ago
    Anonymous

    > Akshually, basement dwelling is the greatest virtue.

    • 2 weeks ago
      Anonymous

      Yes. I have a job and I can save 100% of my paycheck and come home to someone cooking dinner

      • 2 weeks ago
        Anonymous

        if you own a house, your payment goes towards the home equity
        if you have a spouse, they will make dinner for you
        you are a failed man. it's okay, but just be aware

        • 2 weeks ago
          Anonymous

          and you are a israelite

        • 2 weeks ago
          Anonymous

          Not for the first 15 years, your payment goes towards interest. You can't access home equity without buying another overinflated house and moving or taking out another high interest loan btw.

    • 2 weeks ago
      Anonymous

      is this a meme. or do americans actually sleep in their basements?

      • 2 weeks ago
        Anonymous

        It's mostly a meme. It conjures the image of an overgrown man child who refuses to go live his own life, and whose parents begrudgingly accommodate them by moving them into a part of the house they don't use.
        Like many harmful stereotypes, a kernel of truth lies within it.

        Not for the first 15 years, your payment goes towards interest. You can't access home equity without buying another overinflated house and moving or taking out another high interest loan btw.

        Unless your home appreciates in value for no particular reason, in which case you can refinance your loan to extract value, or take an HELOC to borrow against it.

  3. 2 weeks ago
    Anonymous

    https://www.compassft.com/indice/parissqm/

    This is how it looks for me. And we're talking about one of the most expensive cities in the world, you know, those ones where it's always "it always go up because muh DEMAND". I love the housing index in this format because it's very telling. Especially the annualized returns.
    I mean, sure, housing did like x2 since 2007/2008. But then it dipped these last two years by almost -15%. Well, who cares, it made x2 just before, still great returns right? Until you realize the annualized gains are +2.84%. A fricking +2.84%. The annualized yield of a stupid ass monetary funds, or state bonds. You know, the boomer shit that will never make you rich. This is actually housing.
    Why the FRICK would I want to buy this shit. Meanwhile, my money has been on the stocks market serving me +13% yearly, and that comes with some bad decisions I made. A stupid SPY ETF did that much. I know it won't last, but even there on the very long term SPY is an annualized +8%. My capital already doubled. Meanwhile housing fricking dipped -15% these last two years, and WORSE, inflation went +10%, meaning hoomer that bought the peak are actually 25% poorer. Because yes inflation has to be factored in. Like for every investment. If you don't track at least inflation, you're poorer. Housing since 2007 barely did that here.
    I honestly don't understand the housing meme.

    >b-but you don't have to pay the rent anymore!
    That's true. But then I don't see my capital in stocks doing go x2 every 5 years all while my divies pay my rent. I also don't have to pay israeli interest fees for 15 to 20 years, nor almost fricking 8% of the inflated home price to the state when buying, nor being cucked by never-ending rising property taxes (best tax ever for the state, literally can't be delocalized). Though my rent also rises, that much is true. But less than my capital gains, so I don't give a shit about the overall 50 bucks increase on my rent since 2016 when i moved in.

    • 2 weeks ago
      Anonymous

      >investing cash in housing

      lmao, you buy with as little down as possible you moron

      the only play in housing is leverage, the government isn't going to give you hundreds of thousands to go play the crypto casino, or the stock market, but they'll give it to you if you buy a house

      you can buy with 3% down, but it gets better, you go into one of those "first time homebuyer programs" who pay the 3% down payment for you as long as you live in it for 3-5 years, so you can basically get a home for free

      then there's the equity gain, from 1963 to 2004 home prices have risen on average 5.68% per year, so after 3 years you have 18% equity which drops PMI from your mortgage saving you even more money

      so you buy a 400k house now, pay nothing to move in, in 3 years its worth 472k, rates fall and you have 20% equity so you refinance, then you rent it out to some moron who pays your mortgage off for you and gives you extra cash per month

      and it's not just the ~25k/year in equity gains, you get massive tax deductions. the interest you pay is tax deduct-able. the property tax you pay is tax deduct-able. if you convert it to a rental, you can deduct depreciation, maintenance, repairs, management fees, etc., literally all the income is going to be tax free after deductions

      • 2 weeks ago
        Anonymous

        >so you buy a 400k house now, pay nothing to move in, in 3 years its worth 472k
        Read the same shit two years ago already, it's -15% now. Nice increase. But markets are different.

        >then you rent it out to some moron who pays your mortgage off for you and gives you extra cash per month
        I don't know if your market is THAT cucked, but here it's delusional, and would be in any normal environment. You have better tax advantages though. You're telling the rent you'll get will cover the mortgage. Here it does not. My current rent is 810€. Buying what I'm renting right now would be 210 000€ if I include the tax. Buying it all on a 20 years loan would be 1360€/month, 1200€/month on 25 years. If buying to rent to someone, I would only get the 810€-30% income tax (yeah it's high here, but either way TAX EXISTS). Oh, forgot to include the property tax, should be 1400€/y. So out of the 810€, I'd effectively get ~450. Does NOT cover the loan. AT ALL.

        >muh leverage
        Don't worry about me, I got loans to do whatever I wanted at 0.95% in fricking 2020 when it was obvious rates would rise, with stocks artificially in the shitter. Went all in TotalEnergies (not the best, but now enjoying a comfy 10% divies covering my rent), and on your equivalent of QLD for my leveraged Tech exposure.
        NPCs do things in reverse. Leveraged or not, you try to go into the stocks exponential AS SOON as possible. Because yes it's an exponential, and it's THAT fricking strong. To benefit from it, you get in without waiting.
        Buying housing first is the worst thing you can do, muh leverage or not. You get in stocks FIRST, you increase your capital exponentially, and THEN you take a loan while you still have your work (obviously banks will only lend if you work). Then the next day you quit your work and enjoy your FIRE, as your yearly capital gains cover not only your expenses, but also your loan, while your capital continue to increase exponentially. THIS is how you actually cheat the system.

        • 2 weeks ago
          Anonymous

          >it's -15% now

          where?

          >uses euros

          HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAH
          >HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAH
          HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAH
          >HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAH
          HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAH
          >HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAH

          • 2 weeks ago
            Anonymous

            It was in my first fricking post, with a pic and link. Read shit properly first, triple moron.

          • 2 weeks ago
            Anonymous

            poor and malding, shame

        • 2 weeks ago
          Anonymous

          >Don't worry about me, I got loans to do whatever I wanted at 0.95% in fricking 2020

          How? What's your NW? Personal loans?

          • 2 weeks ago
            Anonymous

            Yeah, I abused the shit out of personal loans in 2020. Boursorama Bank and Fortuneo were handling these for free in a few clicks, other banks as well, but those two are my favorite ones, and I already had accounts. Banks would go up to 50K€ at 0.95%. Kek I even remember a 0.1% being given at some point, it was crazy, though only up to a measly 10K€, and I was already with too much loans and risks on my shoulder, I passed on that one. I remember people taking those loans to simply put them into "Fonds Euros", basically comfy monetary funds that are risk free, they won't give you much, but it still gave like 2.5% yearly, so free money considering such low loans. Now those € funds give between 3.5% and 4.5% for the best ones, should go down by the end of 2025 though.
            Went from 120 or 130K€ networth back then to 340K€ networth, 2020-2024 being were it went exponential for me, my previous stock years before 2020 were so-so despite the market going breasts up. Though what happened these last 4 years obviously won't and can't last. Still, I'll enjoy my comfy secured TTE divies, and my equivalent of QLD for as long as it will last.

      • 2 weeks ago
        Anonymous

        i'm too poor to think straight.. first thing you should do really is live with them until you make it. nobody who is making it is complaining about houses at least in reality. like in reality i'd almost rather be homeless than rent but I rent. Any smart person who needs a roof could still live somewhere pretty cheap and somewhat close to civilization

        • 2 weeks ago
          Anonymous

          if you've got parents who you can tolerate, who will let you stay there for free, and have such poor dating/social prospects, then go for it

          i love renters, wouldn't be able to do what i do without them, this country needs more renters

  4. 2 weeks ago
    Anonymous

    Anyone else have parents who rent and are sad you won't be keeping any property in the family? Everyone around me has their family house and beach house they'll inherit. Feels bad bros

    • 2 weeks ago
      Anonymous

      My mood is that my parents built their own house, yet none of their children want to keep it after they pass. We all have our own homes to deal with already.
      I feel vaguely ashamed that we're going to sell their dream house that we all grew up in just like that, but not enough to not do it.

      • 2 weeks ago
        Anonymous

        Would renting be viable?

        • 2 weeks ago
          Anonymous

          Maybe. It's a big, weird house with a lot of custom stuff my father came up with. I have no idea who would rent this stuff.
          Worse, none of us are really close by, so we'd probably need to use a rental agency to deal with it, and lose a sizable chunk of revenues to them.

          • 2 weeks ago
            Anonymous

            Property management is cheaper than you think. You could for sure have someone set it all up for you for around 10% of the rent max and maybe a larger up front fee for trying to actually find a renter.

          • 1 week ago
            Anonymous

            >lose a sizable chunk of revenues
            As long as it's profitable though...
            Don't forget it is probably also going to appreciate in value.

  5. 2 weeks ago
    Anonymous

    I own a 3 bedroom home that I live in by myself, the other 2 rooms are empty.
    I also own a 3 bed room rental but I have the rent up so high that is also empty and I use it as a tax write off.

  6. 2 weeks ago
    Anonymous

    end all immigration first, then we can talk about what you want to talk about.

  7. 2 weeks ago
    Anonymous

    i literally never understood the mentality of 'work 40+ hours a week to barely afford a house you barely spend time in besides to sleep' mindset. probably the biggest scam in human history. even if you take the christcuck big medieval white family take, they still lived on a farm which was the same place as their 'totally free and not a slave in anyway at all' workplace.

    • 1 week ago
      Anonymous

      In the workplace you either do what the boss says, or he'll threaten to take away your source of healthcare and income. In a generationally owned farm with no mortgage or liens, then all of your work is for yourself and your family and nobody except yourself getting lazy or emminent domain can take it from you.

  8. 2 weeks ago
    Anonymous

    boomers just need to die off

    • 2 weeks ago
      Anonymous

      Unironically the very first boomers will be 80 by next year, which is the average male life expectancy. Of course it will be a long process spawning over a decade, years, and females will only start to die off in 5 years, but there's no brakes on this train. And don't believe the ones telling you muh immigration, it won't help. At best it barely replaces the current demography crisis not even the one about to come from my generation which is only starting to get registered (and it will be bad), and add the boomers dying off on top of that.
      But I don't care.
      I'm in a position to do the happy merchant pose.
      And I WILL do it.

      • 2 weeks ago
        Anonymous

        kill or be killed in this world, just be one of the good ones and help white people

  9. 2 weeks ago
    Anonymous

    My mommy don't want me to live there despite 2/5 rooms being occupied

  10. 2 weeks ago
    Anonymous

    imagine having parents you enjoy being around. Couldn't be me, but keep whining about your perfect lives.

    • 2 weeks ago
      Anonymous

      Sorry to hear that man. I love my parents.

  11. 2 weeks ago
    Anonymous

    what if I'm not working but I'm helping them on bills with my moronIO profits?

  12. 2 weeks ago
    Anonymous

    Sorry losers, I own two houses

  13. 2 weeks ago
    Anonymous

    I live with my girlfriend
    I wouldnt put her through living with my parents

  14. 2 weeks ago
    Anonymous

    >4chins on money
    >akkkkualllly basement dwelling neets are morally superior
    >muh collectivism

    kek ok renter

  15. 2 weeks ago
    Anonymous

    Feels like most of the world got psyop'd into this. Here in my shithole back like 2 decades ago you'd likely build on your parent's land or build a small adjacent house, which doesn't look good and is quite shitty IMO but it doesn't have to be. Also, people used to build themselves with help from family and friends, and that's how people managed to have a roof over their heads for very cheap. But that's no longer the case, we fell to this psyop as well.

  16. 2 weeks ago
    Anonymous

    endless immigrants and private equity firms are inflating demand but yeah sure ill feel guilty about having a house because i feel so bad for NEETs

  17. 2 weeks ago
    Anonymous

    I am one of the based NEETs currently living with their parents.

  18. 2 weeks ago
    Anonymous

    My mother is a delusional narcissist, egomaniac, and hoarder whose mind has been rotting for the last 25 years.

    Living with family is only an option for people with two mentally healthy parents.

  19. 2 weeks ago
    Anonymous

    Imagine actually refusing independence just to contribute to your deranged idea of "the housing market" you're a slave to the system and you dont even know it, i have more respect for the village-tier gays that invest in lfgo because at least they're trying to make their own lives, you're just a good little boy with a chain in your neck doing what little papa state told you arent you. What a fricking stuck up suck up you are OP, you disgust me. Do us a favor and use this

  20. 1 week ago
    Anonymous

    if they are old, sick and you're single then yes

  21. 1 week ago
    Anonymous

    If your parents are still alive and...

  22. 1 week ago
    Anonymous

    My mom's in a nursing home and my dad wasn't in my life growing up so it's not even an option for me anymore.

  23. 1 week ago
    Anonymous

    Personally my parents would let me do it but the problem is you won’t be able to get a gf or bring a girl home to have sex with because it’s the standard in the west that a dude has his own place.

  24. 1 week ago
    Anonymous

    My parents banned me for not getting the jab.

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