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Frightening how quickly the dream of homeownership evaporated for 95% of people

COVID changed everything. A permanent renter class created o...
Heady rigpig
  03/28/24
It's a scam
Sinister Parlor
  03/28/24
And they announced to the world what they were doing lol
cyan maniacal trust fund center
  03/28/24
it's insane. i'm socking away every penny to give my kids a ...
Heady rigpig
  03/28/24
It’s not going to make any difference hth
insane stag film
  03/28/24
...
Saffron Ladyboy
  03/28/24
...
abnormal death wish rigor
  04/01/24
home ownership was always the biggest kike scam
Cobalt Gaped Stock Car Reading Party
  03/28/24
only losers say this. definitely wasn't a kike scam for me a...
Heady rigpig
  03/28/24
ljl goy assuming u think it was great cause u MADE MONEY ...
Cobalt Gaped Stock Car Reading Party
  03/28/24
cool could a stock house me and my family and all our shit? ...
Heady rigpig
  03/28/24
nigga there's some financial turd who claims its better than...
Cobalt Gaped Stock Car Reading Party
  03/29/24
Every few months u poast a hysterical screed about how ur wo...
trip cumskin
  03/28/24
i'm acutely aware there are many angry nogs who are jealous ...
Heady rigpig
  03/28/24
This is entirely accurate. My family has lost well over $250...
Motley Idiotic Persian Whorehouse
  03/28/24
You would have fucked that up too
Maize black woman business firm
  03/28/24
I have fucked up many things in my life. My finances are one...
Motley Idiotic Persian Whorehouse
  03/28/24
wow this guy goys
Cobalt Gaped Stock Car Reading Party
  03/29/24
Seriously. He repeatedly makes idiotic decisions then acts l...
Magical free-loading incel stage
  03/29/24
Most people are really stupid because there is nothing worth...
Motley Idiotic Persian Whorehouse
  03/29/24
Everything about ur life screams that you would have “...
Maize black woman business firm
  03/29/24
That’s not true at all. There are many many losers in ...
Motley Idiotic Persian Whorehouse
  03/29/24
I don’t think grift is the right word, but there&rsquo...
deranged set
  03/29/24
That is true but unresponsive. This sub thread is about ur p...
Maize black woman business firm
  03/29/24
I am not defective. I have many virtues.
Motley Idiotic Persian Whorehouse
  03/29/24
that's just because you're a retard who put a ton of expensi...
Dead Wine Shrine
  04/01/24
...
Heady rigpig
  03/28/24
it's less discussed, but leasing has gotten much shittier to...
Bat shit crazy new version
  03/28/24
yeah that's because a bunch of people willfully stopped payi...
Heady rigpig
  03/28/24
Old houses in bad neighborhoods are like $700k up here now, ...
Crimson Meetinghouse
  03/28/24
Wow even C-Suite executives are unable to own homes in Seatt...
fear-inspiring rebellious keepsake machete
  03/28/24
?
Crimson Meetinghouse
  03/28/24
...
misanthropic theater stage
  03/29/24
...
Arousing stage
  03/29/24
...
Cerebral market
  03/29/24
Move
Beady-eyed candlestick maker
  03/29/24
homes are still dirt cheap in most of the country, but no je...
razzmatazz coldplay fan ticket booth
  03/28/24
they are not dirt cheap relative to incomes in those areas
Heady rigpig
  03/28/24
it's 180. *lights up ur cig and pours you a drink*
odious address
  03/28/24
They closed every local business except Walmart was allowed ...
Glittery fuchsia water buffalo stead
  03/28/24
...
abnormal death wish rigor
  04/01/24
Who will buy houses from all the lucky XO poasters in 15-20 ...
Up-to-no-good step-uncle's house mental disorder
  03/28/24
Home ownership as an investment (i.e., a source of attractiv...
Stimulating University Puppy
  03/28/24
at it's original "investment" you got something th...
Shivering base
  04/01/24
So many of you fags in the 2010s had the opportunity to buy ...
hyperactive cuckold
  03/28/24
Prices will crash in major cities and surrounding suburbs as...
Up-to-no-good step-uncle's house mental disorder
  03/28/24
Age 33 is the largest current population segment. They&rsquo...
hyperactive cuckold
  03/28/24
Nice. Most houses didn’t do this though. Also, there&...
Motley Idiotic Persian Whorehouse
  03/29/24
Why am I selling my house in 10-20 years? I don't give a shi...
ivory dilemma knife
  03/29/24
...
Cerebral market
  03/29/24
seems entirely reasonable to me that a house should double i...
Bisexual haunting native
  03/28/24
Covid was the best buying opportunity of a lifetime
supple locus hunting ground
  03/28/24
Printing trillions of dollars combined with outrageous gover...
nighttime diverse stain
  03/28/24
it's crazy how all the "HOUSING MARKET IS GOING TO CRAS...
Shivering base
  04/01/24
Home ownership, marriage, AND parenthood *looks at future...
khaki aphrodisiac space
  03/28/24
https://incels.wiki/images/6/6c/Redpillcomics44.jpg
Crimson Meetinghouse
  03/29/24
...
laughsome gaming laptop psychic
  03/29/24
I've said it repeatedly but Trump's campaign ads should just...
overrated voyeur sanctuary
  03/28/24
cr trump build so many more new homes during his four years ...
Cobalt Gaped Stock Car Reading Party
  03/29/24
Lil yeah man because the guy you're replying to was saying t...
Flushed State Karate
  03/29/24
oh wow trump was soooo good at orderin the interest rates lo...
Cobalt Gaped Stock Car Reading Party
  03/29/24
Interest rates were raised due to inflation. Biden passed mu...
overrated voyeur sanctuary
  03/29/24
If this is true, you just live in a very expensive city.
ivory dilemma knife
  03/29/24
why?
Adulterous dark heaven
  03/28/24
The truth is that proles never really could afford their hom...
razzmatazz coldplay fan ticket booth
  03/28/24
The biggest winners of the COVID era were UMC people who loc...
Passionate Gold Tanning Salon
  03/28/24
well no they were billionaires who locked in super low mortg...
multi-colored sandwich azn
  03/29/24
...
Violet Bearded Love Of Her Life Nursing Home
  03/29/24
...
abnormal death wish rigor
  04/01/24
What will be next to go? My bet is on car ownership. Futu...
Talented Twinkling Uncleanness
  03/28/24
Especially after gas-powered vehicles are outlawed and your ...
Crimson Meetinghouse
  03/29/24
Yup. Either directly outlawed or indirectly via exorbitant &...
Talented Twinkling Uncleanness
  03/29/24
car ownership will probably die out imo. its already cartoon...
multi-colored sandwich azn
  03/29/24
180
Spectacular box office
  03/29/24
That explains why car prices have been dropping like a rock ...
Magical free-loading incel stage
  03/29/24
They’re falling modestly from absurd highs
infuriating swollen pisswyrm
  03/29/24
...
Cerebral market
  03/29/24
cr. paying msrp for a new car used to be unheard of. turns o...
Shivering base
  04/01/24
I thought everyone on this bort was in their 40's by now. Am...
Magical free-loading incel stage
  03/29/24
1. What new construction? 2. The jobs boomers are retiring ...
submissive degenerate skinny woman
  03/29/24
Their jobs are being given to Indians and Women
infuriating swollen pisswyrm
  03/29/24
Blackstone owns 1/4 of all houses. They are aren’...
Slate charismatic hominid property
  04/01/24
lol no they don’t Grant Cardone is a real estate b...
deranged set
  04/01/24
hilarious thread from top to bottom
deranged set
  03/29/24
What's amazing is that Trump's "tax reform" didn't...
Jet Comical Lay
  03/29/24
Voters love real estate appreciation.
ivory dilemma knife
  03/29/24
What's the current homeownership rate? Did it drop to 5%? ...
Indigo Milk Pit
  03/29/24
https://fred.stlouisfed.org/series/USHOWN
Maize black woman business firm
  03/29/24
Lol at OP.
Indigo Milk Pit
  03/29/24
but is that stat for actual human home owners as opposed to ...
Cobalt Gaped Stock Car Reading Party
  03/29/24
Pretty sure op is talking about future homeowners. No one...
nighttime diverse stain
  03/29/24
...
Heady rigpig
  03/29/24
Alexandra McDaniel, 29, grew up in Scottsdale, the affluent ...
Crimson Meetinghouse
  03/29/24
“It’s a lower-income area,” Mr. Johnson sa...
Marvelous topaz party of the first part
  04/01/24
they could just buy a smaller house or pay more for a bigger...
Dead Wine Shrine
  04/01/24
I got mine. Fuck millenials, "gen z," all those bi...
exhilarant orchid background story church building
  04/01/24


Poast new message in this thread



Reply Favorite

Date: March 28th, 2024 1:13 PM
Author: Heady rigpig

COVID changed everything. A permanent renter class created out of thin air.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47534886)



Reply Favorite

Date: March 28th, 2024 11:28 PM
Author: Sinister Parlor

It's a scam

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535673)



Reply Favorite

Date: March 28th, 2024 1:14 PM
Author: cyan maniacal trust fund center

And they announced to the world what they were doing lol

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47534887)



Reply Favorite

Date: March 28th, 2024 1:20 PM
Author: Heady rigpig

it's insane. i'm socking away every penny to give my kids a chance.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47534897)



Reply Favorite

Date: March 28th, 2024 4:50 PM
Author: insane stag film

It’s not going to make any difference hth

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535092)



Reply Favorite

Date: March 28th, 2024 5:53 PM
Author: Saffron Ladyboy



(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535143)



Reply Favorite

Date: April 1st, 2024 4:34 PM
Author: abnormal death wish rigor



(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47545652)



Reply Favorite

Date: March 28th, 2024 1:14 PM
Author: Cobalt Gaped Stock Car Reading Party

home ownership was always the biggest kike scam

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47534889)



Reply Favorite

Date: March 28th, 2024 1:20 PM
Author: Heady rigpig

only losers say this. definitely wasn't a kike scam for me and many others

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47534895)



Reply Favorite

Date: March 28th, 2024 4:16 PM
Author: Cobalt Gaped Stock Car Reading Party

ljl goy

assuming u think it was great cause u MADE MONEY TAX FREE WHEN U SOLD, if u put it in stocks prob wld have been even more

and anyway entire thing is created by a kike tax scheme (mortgage interest deduction and then tax free first 500k gains). if not for that its not a good investment

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535026)



Reply Favorite

Date: March 28th, 2024 4:44 PM
Author: Heady rigpig

cool could a stock house me and my family and all our shit? or would i need to live the sexpat lifestyle like you for my $180k down payment to create enough dividends for me to afford a place?

the other big benefit is once you purchase you're no longer subject to the whims of the rental market that can easily price you the fuck out. your mortgage pmt is set until you pay the place off, once you qualify to afford it

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535078)



Reply Favorite

Date: March 29th, 2024 12:29 AM
Author: Cobalt Gaped Stock Car Reading Party

nigga there's some financial turd who claims its better than rent

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535821)



Reply Favorite

Date: March 28th, 2024 4:38 PM
Author: trip cumskin

Every few months u poast a hysterical screed about how ur worried about a bunch of nogs murdering your family so they can steal ur tv

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535058)



Reply Favorite

Date: March 28th, 2024 4:57 PM
Author: Heady rigpig

i'm acutely aware there are many angry nogs who are jealous of people like me and who would love nothing more than to see my family out on the streets. the scary part is those people are only increasing in numbers thanks to <><>no homeownership<><>

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535100)



Reply Favorite

Date: March 28th, 2024 9:20 PM
Author: Motley Idiotic Persian Whorehouse

This is entirely accurate. My family has lost well over $250k+ on single family homes. They are massively expensive and easily the biggest financial mistake I have ever made. I would be worth more than $2m if we had just rented.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535392)



Reply Favorite

Date: March 28th, 2024 11:17 PM
Author: Maize black woman business firm

You would have fucked that up too

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535628)



Reply Favorite

Date: March 28th, 2024 11:27 PM
Author: Motley Idiotic Persian Whorehouse

I have fucked up many things in my life. My finances are one of them ofs. But, with at least half of my life in the rear view, I can safely say that the biggest fuck up of all was buying a single family home. The ultimate destroyer of Amerikkkan wealth. Buying SFHs is like dropping depth charges down in the water around your hull and trying to stay afloat.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535670)



Reply Favorite

Date: March 29th, 2024 12:30 AM
Author: Cobalt Gaped Stock Car Reading Party

wow this guy goys

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535824)



Reply Favorite

Date: March 29th, 2024 3:37 AM
Author: Magical free-loading incel stage

Seriously. He repeatedly makes idiotic decisions then acts like everyone will be just as stupid as he is. It is true that most homeowners would be wealthier if they simply rented and invested the money they saved in the stock market. But the vast majority of people will just spend the money they saved on stupid goy shit rather than investing. And home ownership does become more favorable compared to renting the longer you stay in the house. Saying that it is always a destroyer of wealth is idiotic. Most people will be wealthier buying a home simply because it effectively forces them to save a certain amount of money every month as they pay down principal.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535964)



Reply Favorite

Date: March 29th, 2024 7:34 AM
Author: Motley Idiotic Persian Whorehouse

Most people are really stupid because there is nothing worth buying so why not save and invest?

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536108)



Reply Favorite

Date: March 29th, 2024 7:46 AM
Author: Maize black woman business firm

Everything about ur life screams that you would have “saved and invested” for about 9 months then blown it all on a trip or just a common expense you failed to budget for, etc etc etc.

You’re the only person on either coast of America who has lost money on his primary residence in the last 15 years. It’s quite notable actually, well done.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536115)



Reply Favorite

Date: March 29th, 2024 7:54 AM
Author: Motley Idiotic Persian Whorehouse

That’s not true at all. There are many many losers in real estate.

The other thing to be wary of is the crowd of real estate grifters who are like “you can get rich and retire with just 20 doors of rentals.” Lol. This was a huge trend like 3 years ago and it blew up in these losers’ face. People were making life decisions based on the assumption that their $200k rental unit that they bought with 90% leverage would cashflow indefinitely from AirBNB.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536122)



Reply Favorite

Date: March 29th, 2024 7:57 AM
Author: deranged set

I don’t think grift is the right word, but there’s some truth here. the Bigger Pockets podcasters are still struggling to find their new voice since none of the shit they had been advising for years makes any sense with these interest rates

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536123)



Reply Favorite

Date: March 29th, 2024 8:03 AM
Author: Maize black woman business firm

That is true but unresponsive. This sub thread is about ur personal defects.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536125)



Reply Favorite

Date: March 29th, 2024 8:09 AM
Author: Motley Idiotic Persian Whorehouse

I am not defective. I have many virtues.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536131)



Reply Favorite

Date: April 1st, 2024 1:30 PM
Author: Dead Wine Shrine

that's just because you're a retard who put a ton of expensive fixes into a shitty house that didn't translate to a higher sale price because you bought in an awful area that had a price ceiling.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47544960)



Reply Favorite

Date: March 28th, 2024 3:29 PM
Author: Heady rigpig



(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47534988)



Reply Favorite

Date: March 28th, 2024 3:35 PM
Author: Bat shit crazy new version

it's less discussed, but leasing has gotten much shittier too. per zillow, my current apartment was over 50% less before fraudvirus. i hope the market crashes and burns soon.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47534989)



Reply Favorite

Date: March 28th, 2024 3:40 PM
Author: Heady rigpig

yeah that's because a bunch of people willfully stopped paying rents, so landlords are still making up for lost ground on top of just the general inflation and interest rate environment

it's funny to hear libs talk about it though, their main solution is to turn single family home neighborhoods into insane dindu thunderdomes with zoning changed to allow apartments and ADUs in these areas. they will NEVER consider this might be at least partially a consequence of importing millions of muds from everywhere over the last few years

but i don't know what needs to change or if it's all over, forever

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47534994)



Reply Favorite

Date: March 28th, 2024 4:32 PM
Author: Crimson Meetinghouse

Old houses in bad neighborhoods are like $700k up here now, it's insane. It's unlikely that I'll ever "own" a home under any circumstances.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535044)



Reply Favorite

Date: March 28th, 2024 6:13 PM
Author: fear-inspiring rebellious keepsake machete

Wow even C-Suite executives are unable to own homes in Seattle!

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535166)



Reply Favorite

Date: March 28th, 2024 6:19 PM
Author: Crimson Meetinghouse

?

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535169)



Reply Favorite

Date: March 29th, 2024 8:56 AM
Author: misanthropic theater stage



(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536152)



Reply Favorite

Date: March 29th, 2024 8:58 AM
Author: Arousing stage



(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536154)



Reply Favorite

Date: March 29th, 2024 11:08 AM
Author: Cerebral market



(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536319)



Reply Favorite

Date: March 29th, 2024 8:52 AM
Author: Beady-eyed candlestick maker

Move

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536150)



Reply Favorite

Date: March 28th, 2024 4:38 PM
Author: razzmatazz coldplay fan ticket booth

homes are still dirt cheap in most of the country, but no jerbs in those areas so they may as well not exist afaik.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535056)



Reply Favorite

Date: March 28th, 2024 4:46 PM
Author: Heady rigpig

they are not dirt cheap relative to incomes in those areas

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535081)



Reply Favorite

Date: March 28th, 2024 4:39 PM
Author: odious address

it's 180. *lights up ur cig and pours you a drink*

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535061)



Reply Favorite

Date: March 28th, 2024 4:41 PM
Author: Glittery fuchsia water buffalo stead

They closed every local business except Walmart was allowed to stay open lol

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535064)



Reply Favorite

Date: April 1st, 2024 4:35 PM
Author: abnormal death wish rigor



(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47545653)



Reply Favorite

Date: March 28th, 2024 4:44 PM
Author: Up-to-no-good step-uncle's house mental disorder

Who will buy houses from all the lucky XO poasters in 15-20 years?

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535075)



Reply Favorite

Date: March 28th, 2024 5:01 PM
Author: Stimulating University Puppy

Home ownership as an investment (i.e., a source of attractive real returns in addition to shelter) was always a ponzi scheme, because home values are the same thing as home prices, and unlike other investment assets, an investment in a dual-purpose home (real returns plus shelter) can't be made on a fractional basis

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535102)



Reply Favorite

Date: April 1st, 2024 1:19 PM
Author: Shivering base

at it's original "investment" you got something that retained it's inflation adjusted value, provided you with one of the most fundamentally necessary resources, and gave you access to a big deduction.

home prices outpacing inflation and being an actual investment is crazy. of course, the primary beneficiaries are boomers, and they take over opportunity to selfishly pull the ladder up.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47544934)



Reply Favorite

Date: March 28th, 2024 5:36 PM
Author: hyperactive cuckold

So many of you fags in the 2010s had the opportunity to buy but thought you knew better and kept renting. Jokes on you. And for the Gen Zers, stop bitching. Try graduating law school in 2010/11 and then talk to me about bad timing.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535120)



Reply Favorite

Date: March 28th, 2024 5:46 PM
Author: Up-to-no-good step-uncle's house mental disorder

Prices will crash in major cities and surrounding suburbs as income inequality grows and America gets older. There won't be anyone for millennials to sell to in 10-20 years.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535130)



Reply Favorite

Date: March 28th, 2024 9:15 PM
Author: hyperactive cuckold

Age 33 is the largest current population segment. They’re gonna be buying houses for the next 20-30 years. I didn’t time the job market right but bought in 2012 at 4.25%, cash out refi in 2021, whole home remodel with the equity and refi rate of 2.5% so monthly payment didn’t change. House doubled in value in 10 years. That’s a once in a lifetime opportunity all the renters missed out on.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535380)



Reply Favorite

Date: March 29th, 2024 12:35 AM
Author: Motley Idiotic Persian Whorehouse

Nice. Most houses didn’t do this though.

Also, there’s more than one way to double your money. Glad it worked out for you but even at 2x what you paid, the house is basically just keeping up with inflation. You may have the same payment and a nice place to live, but you haven’t exactly gotten wealthier living there.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535831)



Reply Favorite

Date: March 29th, 2024 10:03 AM
Author: ivory dilemma knife

Why am I selling my house in 10-20 years? I don't give a shit.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536218)



Reply Favorite

Date: March 29th, 2024 12:35 PM
Author: Cerebral market



(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536531)



Reply Favorite

Date: March 28th, 2024 5:56 PM
Author: Bisexual haunting native

seems entirely reasonable to me that a house should double in value over a 2 year period, it's only fair

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535149)



Reply Favorite

Date: March 28th, 2024 5:57 PM
Author: supple locus hunting ground

Covid was the best buying opportunity of a lifetime

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535152)



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Date: March 28th, 2024 6:07 PM
Author: nighttime diverse stain

Printing trillions of dollars combined with outrageous government spending has consequences.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535158)



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Date: April 1st, 2024 1:21 PM
Author: Shivering base

it's crazy how all the "HOUSING MARKET IS GOING TO CRASH" doomers have completely disappeared. where's ARE REPTILE? he posted shit like that daily. all these geniuses were 100% certain that the rising rates was going to lead to a historic collapse. now rates are coming back down and prices are still high as fuck.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47544937)



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Date: March 28th, 2024 9:16 PM
Author: khaki aphrodisiac space

Home ownership, marriage, AND parenthood

*looks at future*

*puts on shades*

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535384)



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Date: March 29th, 2024 12:01 AM
Author: Crimson Meetinghouse

https://incels.wiki/images/6/6c/Redpillcomics44.jpg

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535785)



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Date: March 29th, 2024 12:03 AM
Author: laughsome gaming laptop psychic



(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535788)



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Date: March 28th, 2024 9:29 PM
Author: overrated voyeur sanctuary

I've said it repeatedly but Trump's campaign ads should just be a chart showing how the price of owning a home has literally TRIPLED under Biden.

I read some stat recently that only like 4% of the country right now has a mortgage that is more than $2,500 - and basically they start counting at like $5,000 because that's when you have a top 1% mortgage.

I live in a red state, and to get a non-starter home you're looking at $7,000/month now for a mortgage. And these are like 2700 sf - not mansions...

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535407)



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Date: March 29th, 2024 12:40 AM
Author: Cobalt Gaped Stock Car Reading Party

cr trump build so many more new homes during his four years in office then biden came and stopped it all

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535839)



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Date: March 29th, 2024 3:42 AM
Author: Flushed State Karate

Lil yeah man because the guy you're replying to was saying that presidents build houses. Of course you would have absolutely no idea but mortgage rates more than 2x'd from Trump to Biden.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535966)



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Date: March 29th, 2024 11:55 AM
Author: Cobalt Gaped Stock Car Reading Party

oh wow trump was soooo good at orderin the interest rates low, wtf cant senile biden figure out how to order them lower

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536379)



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Date: March 29th, 2024 12:49 PM
Author: overrated voyeur sanctuary

Interest rates were raised due to inflation. Biden passed multiple trillion dollar spending bills.

I understand it isn't all Biden's fault but at the very least its bad optics, if not causation - especially when libs were like "here's why GOP is wrong about spending bills and inflation"!

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536592)



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Date: March 29th, 2024 12:48 PM
Author: ivory dilemma knife

If this is true, you just live in a very expensive city.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536585)



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Date: March 28th, 2024 11:25 PM
Author: Adulterous dark heaven

why?

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535664)



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Date: March 28th, 2024 11:29 PM
Author: razzmatazz coldplay fan ticket booth

The truth is that proles never really could afford their homes. That’s why so many of them haven’t been updated or maintained since like 1974.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535679)



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Date: March 28th, 2024 11:47 PM
Author: Passionate Gold Tanning Salon

The biggest winners of the COVID era were UMC people who locked in super low mortgage rates.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535742)



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Date: March 29th, 2024 12:35 AM
Author: multi-colored sandwich azn

well no they were billionaires who locked in super low mortgage rates on billions of dollars of property

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535829)



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Date: March 29th, 2024 12:53 AM
Author: Violet Bearded Love Of Her Life Nursing Home



(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535848)



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Date: April 1st, 2024 5:08 PM
Author: abnormal death wish rigor



(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47545713)



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Date: March 28th, 2024 11:57 PM
Author: Talented Twinkling Uncleanness

What will be next to go?

My bet is on car ownership. Future of transportation is dilapidated electric buses packed shoulder-to-shoulder with muds putzing around dystopian mega cities. Having your own personal car will be viewed like we view having your own airplane or yacht.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535780)



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Date: March 29th, 2024 12:03 AM
Author: Crimson Meetinghouse

Especially after gas-powered vehicles are outlawed and your only option will be electric.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535790)



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Date: March 29th, 2024 11:53 AM
Author: Talented Twinkling Uncleanness

Yup. Either directly outlawed or indirectly via exorbitant "carbon taxes" and "gas taxes" that make cars prohibitively expensive to operate for normal people.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536373)



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Date: March 29th, 2024 12:36 AM
Author: multi-colored sandwich azn

car ownership will probably die out imo. its already cartoonishly complicated and expensive relative to 15 years ago. half the proles on the road shouldnt even have cars.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535833)



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Date: March 29th, 2024 12:52 AM
Author: Spectacular box office

180

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535847)



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Date: March 29th, 2024 3:45 AM
Author: Magical free-loading incel stage

That explains why car prices have been dropping like a rock for the past year or so.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535970)



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Date: March 29th, 2024 9:18 AM
Author: infuriating swollen pisswyrm

They’re falling modestly from absurd highs

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536169)



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Date: March 29th, 2024 11:09 AM
Author: Cerebral market



(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536320)



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Date: April 1st, 2024 1:24 PM
Author: Shivering base

cr. paying msrp for a new car used to be unheard of. turns out when you complete turn the faucet off on the global supply chain it leads to less supply and thus higher prices.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47544943)



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Date: March 29th, 2024 3:45 AM
Author: Magical free-loading incel stage

I thought everyone on this bort was in their 40's by now. Am I the only one who was alive during the 2000's? People said the same thing then during the 2000-era real estate bubble. Then it popped and housing prices basically didn't increase for the next 15 years. Most likely the same thing is going to happen again now. I doubt we will see a 2008-style crash since there is less speculation in the current market, but between massive new construction and boomers retiring and downsizing, the housing market will return to equilibrium soon enough.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535969)



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Date: March 29th, 2024 3:52 AM
Author: submissive degenerate skinny woman

1. What new construction?

2. The jobs boomers are retiring from are being ended, not re-filled

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535978)



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Date: March 29th, 2024 9:17 AM
Author: infuriating swollen pisswyrm

Their jobs are being given to Indians and Women

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536168)



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Date: April 1st, 2024 5:22 PM
Author: Slate charismatic hominid property

Blackstone owns 1/4 of all houses.

They are aren’t lowering their rental prices in a crash. They can get 12 immigrants to pile into a SFH and cover the rent. It doesn’t matter to them.

This is why Trump can make it an issue, but not too large of an issue.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47545744)



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Date: April 1st, 2024 5:27 PM
Author: deranged set

lol no they don’t

Grant Cardone is a real estate billionaire and he has like 12,000 doors

management is too complicated to allow for any one company to own too much. otherwise Warren Buffet would have bought half the US thirty years ago

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47545755)



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Date: March 29th, 2024 3:50 AM
Author: deranged set

hilarious thread from top to bottom

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47535975)



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Date: March 29th, 2024 7:35 AM
Author: Jet Comical Lay

What's amazing is that Trump's "tax reform" didn't try to do shit like block all cash Chinese purchases or gut the (((grift))) of Jaren's rental income tax breaks, but instead just gave corporations a bunch of opportunities to write down equipment, lmao

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536109)



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Date: March 29th, 2024 12:46 PM
Author: ivory dilemma knife

Voters love real estate appreciation.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536574)



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Date: March 29th, 2024 8:25 AM
Author: Indigo Milk Pit

What's the current homeownership rate? Did it drop to 5%? Or is it within 10% plus or minus of where it's always been?

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536138)



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Date: March 29th, 2024 8:59 AM
Author: Maize black woman business firm

https://fred.stlouisfed.org/series/USHOWN

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536155)



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Date: March 29th, 2024 10:45 AM
Author: Indigo Milk Pit

Lol at OP.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536277)



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Date: March 29th, 2024 11:56 AM
Author: Cobalt Gaped Stock Car Reading Party

but is that stat for actual human home owners as opposed to some rat faced demon who has a holding company that buys 50 homes via loans from the bank of israel?

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536384)



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Date: March 29th, 2024 11:58 AM
Author: nighttime diverse stain

Pretty sure op is talking about future homeowners.

No one was kicked out of their house when house values and interest rates went up.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536385)



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Date: March 29th, 2024 12:12 PM
Author: Heady rigpig



(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47536417)



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Date: March 29th, 2024 10:16 PM
Author: Crimson Meetinghouse

Alexandra McDaniel, 29, grew up in Scottsdale, the affluent suburb north of Phoenix. As she and her fiancé, Cameron Smith, 32, began their search for a home early this year, she hoped to live close to her parents, and near her job at a fashion retailer. Mr. Smith was intent on finding an area where Ms. McDaniel could safely walk their dog alone at night.

Mr. Smith is a data analyst at Amazon. Together, he and Ms. McDaniel earn roughly $200,000 a year. They figured they could afford to pay as much as $550,000 for a home, though they aimed lower.

But as they sat in a conference room on a recent morning, their Realtor, Curt Johnson, projected a map on a screen that forced them to downgrade their expectations.

He had searched for houses with small pools and at least three bedrooms priced at $475,000 to $575,000. Scottsdale had no listings. The half-dozen properties he had found were scattered about 15 miles away, and beyond a freeway.

“It’s a lower-income area,” Mr. Johnson said, adding that it had “a higher crime rate.”

He drove the couple out for a look. The first two homes had tiny yards unsuitable for their dog. The third place had a huge yard and a wide-open kitchen, but the asking price was $599,000. The next one was similarly priced, and the neighborhood felt seedy. The last house was within their budget, but alongside an apartment complex whose balconies looked directly into the yard.

As they drove back to Scottsdale, they struggled to make sense of their situation.

“We have great jobs,” Ms. McDaniel said. “We’re doing exactly what we were told to do, and it doesn’t work.”

https://www.nytimes.com/2024/03/29/business/arizona-housing-economy.html

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47538365)



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Date: April 1st, 2024 5:40 PM
Author: Marvelous topaz party of the first part

“It’s a lower-income area,” Mr. Johnson said, adding that it had “a higher crime rate.”

He added that "special attention" would need to be paid to the smoke detectors during the home inspection because they were often poorly maintained.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47545782)



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Date: April 1st, 2024 4:29 PM
Author: Dead Wine Shrine

they could just buy a smaller house or pay more for a bigger one and accept that, like everything else, housing has gotten shittier

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47545643)



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Date: April 1st, 2024 5:17 PM
Author: exhilarant orchid background story church building

I got mine. Fuck millenials, "gen z," all those bitches.

(http://www.autoadmit.com/thread.php?thread_id=5510454&forum_id=2#47545737)