Why are millenials not buying houses and cars?

Why are millenials not buying houses and cars?

something something avocado toast

I am starting to hate that cunt with her fake smile.

Has this guy ever explained why he makes Soe threads?

Average home price is $100k
Average millennial wage is $10

Gee I wonder why...

Me too. I'm also starting to understand why almost every pic of her I see is taken head on... that face gets even more fucked up looking from the side.

Been cucked into giving all my money to the muslims when I put gas in my car.

Been cucked into giving all my money to the kykes when I go to the theater.

Been cucked into giving all my money to the hindus when I buy a six-pack at the corner store.

Been cucked into giving all my money to the chinese when I need boxer shorts or electronics.

Been cucked into giving all my money to the spics when I buy avocados or strawberries.

Can't give any my money to whites cause lazy millennials won't fill any of the jobs or own a small biz. Fucking useless cucks we all are.

No money
Cost of cars, education, health care, and housing is incredibly high due to boomers using cheap credit to increase cost of everything. Wages constantly lowered due to outsourcing and mass immigration

Gee it's a mystery. It's almost as if exorbitant prices and low wages result in low living standards.

I'm just glad I'm able to lease a vehicle.

Why older generations paying us good?

>Just work for $3 a day and sleep in overcrowded public housing

The problem is white people have a psychological desire to not admit being slaves

It's only going to get worse. The largest theft- boomers die off, which forces labor wages to improve, mass immigration to keep wages low, banks seize assets.

this

FUCK OPs shitty thread!

that guy made a legitimate point though

a car is the worst investment a person can make

houses we inherit

no need for hyperproduction and urbanization of rural areas or uninhabited lands

im waiting for the house market to crash, i already own a car

I own a car and I'm gonna buy my first property at 30yrs old. Is that a bit late? w/e gotta stop renting. The economy crashed while I was a sophomore in college, so I joined the Army and now I'm probably more well off than 75% of my HS and college friends. Being out of debt is great.

100k? Where in the fuck are you living that it isnt at least 300k?

Lol no

Only rich hipsters living off trust fund money care about meme food like avocados

>a car is the worst investment a person can make
it shouldn't even be in the category of what you might term "an investment" but nevertheless it might be a necessity to go out and get a job. Public transportation infrastructure sucks on purpose in the USA so that you're forced to buy one, but what are you gonna do? NOT travel the country?

because the only reasonable way to afford a house is to sell your old one.

Why aren't* my fukken brain.
Also I guess this is a result of keeping the bubble intant as long as possible

Because they believed that getting a degree in Liberal Arts would land them a high flying job paying 6 figure salaries.

But now they work in Starbucks.

cant say about the US but one thing europe has going for it is public transportation and cheap bus-train connections intra cities

as for the job aspect, more and more employers are stimulating workers to take a bike to work

also the cities here don't have such a huge urban sprawl element to them and they are easily traversable in order to go to work

Why is she always posted with the why are millenials posts?
Who is she?
Why is she relevant?

The problem isn't just uni students, it's the entire generation perpetuating a nihilistic zeitgeist. Of course uni students aren't helping and make matters worse from their inflated egos.

Because we're too aware of the jew to allow them to charge us (((interest))) on large purchases.

Pay in full or not at all.

Plus cars are depreciating assets. Plus we're all likely to get given property by the boomers once they pop- plus the boomers are just now inheriting shittons of money. There's something like 6 trillion of assets that's set to be transferred across generations over the next 20 years. Problem is our parents and grandparents have all of the money and assets- there's fuck all left in circulation for us.

Just bought a 2151sq ft home in the most prestigious neighborhood in my city for $250k. $100k would get you a pretty shit townhouse here, but you could definitely find something in the mid-100s easily.

Too many gay frogs

sounds awesome, nazi scum.
In the 1950s in the USA, car companies bought up both public and private rail lines and scrapped them so they could force the model of the "suburb" and the "commute" We've been saddled with it for many years.

>pay a kike rent for the privilege of sleeping in a tiny cell he owns
>pay a kike "interest" and "closing fees" for the privilege of buying property
You lose either way

It also seems like millennials are more willing to spend money on "experiences" that actual possessions

I bought a house when I was 23 and making 14$/hr. I'm 37 now and finish paying child support next month. Feels good.

>prestigious neighborhood in my city
>prestigious
>250k
where do you live? Gary, Indiana?

Rent is the same as interest

what's with all these gay liberal looks?

Too busy SUCKING DICKS

Seems to me like this is only uni students
I'm 23 own my own car outright and am paying off a nice 3 bedroom house near the beach
Most of my friends who are working a trade are in the same situation

Because they will never afford possessions, so they have to settle for low cost travel and entertainment

You have a millenial, you stop paying child support, mom kicks it out, it shows up to live with you. lose-lose muthafucker.

ADJUST WAGES FOR INFLATION SINCE 1971 and see how badly you are getting fucked.

I can't walk down the street without some "insolvent, but still operating" boomer run institution threatening me with a £1000 fine if I don't fill out a form and give them my personal details.

baltimore?

tough luck, commie bastard

now if your leftist would stop supporting globalist parties and switch to a blut und boden nationalistic sustainability philosophy, life would be grad :)

mods do your jobs already, these threads ahve nothing to do with pol.

Boomers made it this way, Gen-X didn't do anything of significance to the world and just lived in their parent's shadow toked up on the platitudes of drugs that were available when they were young.

This generation is fucked.

They are not buying houses cause houses are expensive as fuck ?

Is a $20/hr job enough to buy and maintain a house?

We don't have any money, simple as that.

Average in my area is a million.

Amem

>closing fees
closing fees are a real killer. Here's hoping some app or blockchain/smart contract technology makes realtors go extinct

There are about a million other questions you have to answer. What do you pay for rent right now?

Work harder, cuck. You just want gibsmedats like the rest of your kind.

Very simple - stay with your parents and pay them keep money. Then you're at least helping the family instead of giving money to (((them))).

Do that for a year or two and save up the money to buy a small plot of land, buy a container and make it into a small property. It's possible to do that for about £25k, less if you've got decent practical skills.

I did that and my container home is now rated to be worth 100k. Shows how batshit the property market is right now.

It is in AZ

Why is this questions always posted with this oarticular pair of very strange-looking 20 somethings?

>Time to move out of the basement user!

many can't build any wealth because of student loans

college is a scam in this country honestly

Education just for the sake of education will not guarantee a job.

>stop globalist parties
>nationalistic sustainability philosophy
nothing wrong here, but when I see your flag I read "KILL ZE VERMIN" - jews are no different than anyone else - they advocate for their own selves, they're playing the same game as us and they do it well.

>UK
I'd imagine that infographic would look a lot worse for USA

Basement in a million is probably pretty dope. Does it come with a nice ramen pantry?

Go do your homework faggot.

I still live at home. In my area I see apartments going for 700-1200. I think it would make more sense to just live and home rent free and save up my shekels and just go straight for a 2 bedroom house.

Have seen modern cuckmobiles?

Mom and dad already bought me one :)

They are single poor and gay.

This

spending to much on their got damn smashed avos

That's the way the whole rest of the world functions (or ought to), for the most part. Save up a big stash for a down payment and don't lose your job, and in 6 years you'll have built enough equity in the property that closing costs won't look so bad.

There are a lot of millennials out there who did literally nothing in their 20s and it skews all the statistics. People that got jobs and put effort into their lives are doing fine, you're just lumping the rest up with all the SSRI addicted man children who still live with mommy and daddy.

>daily Sup Forums partner shill millenial thread

They are too busy making millions at competitive card games.

Generation Zyklon will.

They blow all their money on luxury items like hearthstone card packs, video games and release day iphones/consoles

No idea why you faggots always take the bait with these threads

I only know the feeling of being in debt from video games. I hated it so much that I never want to be in debt ever. I´d rather save for a house or build/restore it as I go than to chain myself to the bank for 25 years.

>he still makes $10 an hour

nigga I hire 16 year olds at $9.75, you're fucked

>the vast majority is skewing the stats for the rest of us!
#notallmillenials

Oh look, it's this thread AGAIN!

>going into debt when there are still jews alive on the planet
maybe millennials are smarter than we realize

>wasting these
#yesallmillennials

Keynesian economic policies, central banking, and lobbying corruption.

Every single person in this thread is wrong, and only addressing the symptoms of these three problems i have out lined - and that is irrefutable.

...

I'm prepared to buckle up then. I really enjoy my job at the casino, wish I started doing it sooner desu. I make $20-25 which compared to the amount of work I actually do is comfy as heck.
Just want to start making my own life already, I feel perpetually as a kid still living at home. Hate having to feel shame living at home just because i'd rather save some money than fall for the renting jew.

When will it burst?

This
Mass immigration doesn't help either

>staring in awe
Is this from these weird elsa/spiderman kid MKULTRA video's?

>Is a $20/hr job enough to buy and maintain a house?

A small one.
>$20/hr
>$42,000/year give or take
>Put $18,000 of that into a 401k, leaving you $24,000
>taxes might take another $5,000, so now you have $19,000
>Depending on your lifestyle, you might spend $500-$1000 a month on living expenses like food, clothing, cars, phones, etc. So that's $6000-12,000/year
>Leaving you with $13,000-$9,000/year. Or around $1000-$500/month
>Monthly PITI payments for mortgages typically cost around $750/month for every $100,000 borrowed.

Starter houses around me are in the 100,000-200,000 range. So by yourself, it would tight, but potentially doable. It would be easier if you had a partner, or if you're doing the bachelor thing, bring in your bros as roommates and have them be your rentcucks.

t. 28 y/o, bought $230k house last year on $27/hr.

at the market value of $40-$80 a suck, they actually should be buying houses, they have the income.

My friends in NYC don't want to buy a house. They say it takes too much time and effort to maintain it. They all make 100k+ a year in great jobs but all live in small apartments in NYC and refuse to buy a house ever.

They pay 3k a month on rent.

They refuse to leave the city because they feel that they will have to take care of their house and they feel like they will get killed by rural and suburban retards unironically. I'm not kidding. They complain about the weather and I tell them to move elsewhere but they think some "redneck will pick them off" somewhere. We're all 28 now and they refuse to go any further than DC because they say they will get killed.

They're fucking brainwashed to believe that everyone from the south is some deranged shooter.

>They all make 100k+ a year in great jobs
>100k
>great job
Any cuck can make 100k.

Those digits.

What a waste.

In Europe Prices of houses have always been higher. It used to be a house cost 3 times the median income (this was around 1960-1970) so when Americans could potentially payoff their house in one year Europeans already had to save at least a decade to buy off their house from the bank. Nowadays the price of housing is even more ridicoulous as a appartment of 65M2 (or about 700 for americans) is about 180.000 euro. This is about 6 time median yearly wage, also this is also in a cheaper rural region. The more expensive regions like Amsterdam ask 350.000 for only 60m2 apartments(645 square feet) so about 12 times the median yearly wage for a house just big enough for you and your dog.

$100K in NY is middle-class.

But, aside from that, they sound dumb.

Thanks for the insight!

Well one is a physician assistant, another one a chemical engineer for GE and one works for Sony as a cellular programmer.

They're booksmart but not streetsmart.

It's more than a 100k. The programmer makes around 200 or somewhere along those lines because he has a master's degree in computer science.

We haven't used Keynesian economic policy since the mid 1970s.

>implying keynsian run the economy