Why are millenials refusing to take the housepill?

I'm a real estate agent and I can't figure it out.

>inb4 MUH student loans

STFU. If you spent less on Starbucks, video games, pornography, and avocado toast you could afford a house.

ah FUCK i bought avocado toast again completely by accident

Typical millennial lack of self control.

Sad!

>If you spent less on Starbucks
Haven't bought coffee in almost a year
>video games
Only game I've bought in like 3 years is Breath of the Wild on Wii U
>pornography
lol, good one Grandpa
>and avocado toast
I make this at home. A loaf of bread costs $4, Avocados are $2.5 each.
>you could afford a house.
lol No. 90% are totally priced out of the market regardless of the things from which they abstain.

>pornography
Who the hell is buying pornography?

Many such cases.

>people will reply to this

>90% are totally priced out of the market regardless of the things from which they abstain.

Australian education, everyone.

If that were the case, nobody would be buying, and the prices would adjust downward.

How about instead you ask what's the discount rate of the federal reserve? And what are mortgage rates for nwe home buyers? And what has happened to the purchasing power of the dollar? And what is the real inflation rate- not the bogus 2% per annum?

>millenials
This word has lost all meaning thanks to retards like you.

...

Nice troll.

It's the same 10% buying all the available properties.

In Australia millennial homebuyers are priced out by Chinese and a group of homegrown boomers.

I only know about the American housing market.

If what you claim is true why do Australians allow that to happen?

I DONT KNOW, LOL

Nigga shut up. This shit happens here too, houses here are 600k plus. The only people my age that can afford houses are chinks and trust fund kids. Still saving like crazy, I'm investing in the mean time. I'm more frugal than you are and it will still take me a few more years.
T. Californian (fucking kill me)

add in tripled healthcare premiums due to Boomercare

really makes you think

It's happening here in the US too. It shouldn't be allowed to happen which is why we need national socialism now.

>Canada

This graph means nothing to me.

We're simply waiting for the boomers to all die off in 10-20 more years so housing actually becomes affordable seeing as how they own all of the properties, meaning one person owning multiple homes and pieces of land.

Plus, lots are saving money to move into cheap states like Montana, Ohio, New Hampshire, etc.. which is also why most are living with their parents still, until they can afford a 2 bed, one bath house for 10k+moving expenses.

>If what you claim is true why do Australians allow that to happen?

It's orchestrated by a group of politicians that benefit directly from the situation which they have created.

People go along with it because they have more immediate problems like struggling to pay their rent and bills, let alone saving for an investment or their future, or they are distracted by asinine issues. We're also are stuck with a two party system in which both parties are exactly the same so voting in change isn't really an option.

I don't know how to rectify it. I just know that home ownership will be a pipe dream for this and possibly the next generation in this country.

loaf of bread is 4 dollars lul

check the next post faggot

Seriously
> On this episode of newfag college student who has never thought for themselves first thread on pol

Right if i had not bought that game last month i could already afford a house...faggot

I'm a Californian too.

California home prices are higher because wages are higher in California too.

Always been that way (post WWII).

Lemme guess: you subscribe to Netflix and have an auto loan?

you don't fucking get it, do you? as long as Boomercare is in place, the millenials are going to get sucked dry. All the Boomers' rising healthcare cost will be offset onto Millennials so that the Milennials can pay their 'fair share'.

When the boomers go bust, millennials (in general) wont have any cash to buy the houses.

GUESS WHO WILL THOUGH, LOL

I buy this bread. It's delicious and in terms of macronutrients it's virtually unmatched. I believe it is worth the price.

You can by a loaf of white bread for $1 but it has little nutrients.

jobs are near cities.
nigs are in cities
don't want to buy a house near nigs

To be honest avacocados are a good source of high density cholesterol which is great for you and will prob save us lots in healthcare costs if our diet is truly high in avacado

>avocado toast
I'm loving this meme

Negative famalam. Torrent everything and drive an 05 Hitler mobile I bought for a few thousand cash.

>taking out a loan for one of the only available homes on the market that are around $1,000,000.00 each
Nice try, jew.

It adds up. I know millenials that have spent thousands of dollars in their adulthood on video game systems and discs.

Can you explain the ways in which that post is wrong?

>I'm a real estate agent and don't understand why people don't want to buy my overpriced garbage houses. I need to make payments on my second porches!
Hmmm, I wonder why I feel no sympathy for you.

Ive seen people say that buying a house is a jewish trick because you never really own it due to property taxes and it locks you into one place, which the vast majority of people cant afford without taking out a loan.

And Ive seen people say that renting is a Jewish trick because youre paying someone else's mortgage and have nothing to show for it by the end.

So which is it Sup Forums?

>buys the most expensive bread because of MUH NUTRIENTS
>still blames MUH CHINESE for not being able to afford a house

You are pathetic.

I was agreeing with you and calling op a massive cock suckling fag that still lives with his parents or goes to a lefty college where he thinks being right wing stops at being cringy and edgy.

because I want to own a house, not have some jew give me shekels to buy a house for them

Good. You're ahead of the curve, then.

everything's a jewish trick when your country's run by jews

Ah k, my bad.

If you listen to these nincompoops, life is a Jewish trick.

the truth is you're a faggot

If you're not selling, people aren't buying because of you dumbass. Let me ask you this, how often are you training

If you're living in Switzerland and don't own a house by 30 youre a literal son of a whore and good for nothing.

Lived with my parents till 24, saved 35k a year (60k salary).
Started working immediately after my apprenticeship (finished with 18).
So 6 years of work and saving ive got 210 k savings, bought a house for 720 k (paid 20% rest is loan).

Now i live for 600 francs a month while earning over 6k.
Just because the swiss are bitter sad people they move out at 18, cant save shit and fail in life.

T. Shkelqim fucking your swiss teens and sending money to my homeland.

if you buy a house you can rent it out to pay the property tax
BOOM

Why would you save up when it will take you decades and you're not taking advantage of government-subsidized loans?

Atta boy!

Adds up my ass. Lets take college loans for worthless degrees out of the equation.

>thousands of dollars
Surely not 250k (the cost of a 50m2 apartment in my area).

I bought a new car for 20k that I payed off in 2.5 years, not spending money on worthless shit, but not eating stale bread and cans, either. Yet to afford that apartment I would have to pay 700€ monthly for the next 30 FUCKING YEARS.

You're so close to realizing how the jewish trick works, yet so far.

I am a literal millionaire and I refuse to buy a house in the area I want to live because they're overpriced shacks, and I refuse to buy a house in an area I don't want to live because I don't want to live there.

Maybe when the housing market becomes more reasonable I will. But until then, some shitbag boomer isn't overcharging me $300,000 and giving my hard-earned inheritance money to their shitty pleb children.

and the cycle continues, you absolute faggot.

HURR DURR I WANT ANARCHIST SOCIETY WITHOUT REALIZING THE UNIVERSE IS ALRADY ANARCHIC

literal brainlet tier

Again, why the fact you claim in ahead, 23, married with dual income, no kids, no expenses, living frugal as fuck, and it still will take me way longer than my parents or their grand parents because of chinks and trust fund kiddies.
I don't even know what your thread was about anymore. You just seem like a turd burger College student that thinks you will be better off than everyone else because you think you are thrifty. You won't.

Same fucking boat, the chink 1% class moving into cali in droves, that and 12 beaners families pooling into 1 house

Well i love video games but neither do i have thousands of shekels for games nor do i have it for a house while studying

I'd rather buy a house than rent one.
Just a shame that the cheapest houses in this country are $15.000. And the cheapest are always in shit condition

Yeah, no doubt if I ate that shit tier sugar filled white bread with no fibre the $156 saved annually from that would allow me to buy a house in no time.

It puzzles me that someone would buy anything more than about $120 in food per month and a good computer. All other money should go into the bare necessities of living such as shelter, a means of transportation, work appropriate attire, and internet with the remainder going into investments.

>Avocados are $2.5 each
Holy shit stop eating this waste of money.

Every market is different, but my local market is great for investing. I'm 27 and just put in an offer for my 7th house. I've got no money in these houses, though I have 40% equity, and they're renting out for $400 more than I pay after PITI. Idk if I found the GTA infinity money glitch, or if people are just too lazy to do this themselves.

How to buy house?

I'm ahead"

my parents already got two houses why should i buy another? i will just inherit one of them or buy it from them if they need money when they´re in pension

>crappy 1 bed room bungalow dumps sell for 1.3 mil in Toronto
>Average wage for most Canadians across the board is about 45k
>To afford a shitty home inside Toronto will cost you up to 28 years of your life if you literally save every penny.
>moving outside the city you get houses for about 400k, but then you have to commute for 2 hours to work said job.

Golly gee

The market is not going to be more reasonable ever. Supply and demand.

I'm a proud homeowner, multiple times over.

My secret is that I never use real estate agents , and the houses I buy are rarely listed on MLS. .

You can go fuck yourself for a 3% fee. you do literally no work, especially on buyers side. My wife and I always find the houses we want, even when we tried using an agent. All you have to do was send an email to the listing agent to arrange a tour, which I can easily do. I can tour the place myself, and I worked as a contractor so I'm 10x more knowledgeable than you about the condition of a house or piece of property (likely, not 100%, but almost always).

After that point, Title Company and Bank take care of literally 100% of the paperwork and deed transfer. You do literally nothing.

fuck real estate agents, fuck MLS, and fuck your whole industry.

>millionaire
>inheritance

You can't rent out anime figurines.

Its adorable that there are still people who think homeownership is a sound financial decision and something that should be a goal for people


>MUH equity
>MUH land

Its never your land and its never your equity. Millenials understand this

>email the listing agent of a house that isn't listed

u wot?

Leave Toronto. Unless you have a highly valued skill, you've been priced out of that market.

>investing in depreciating assets

And you'll end up fat from all the empty calories. Then your Dr bill will soar. Don't listen to the white bread fatty fat.

No. Its huge unvestment companies and banks atuffing all these tsunamis of central bank printed paper money into something .. which is hpusing. ( and also there is chinese money ).

This guy gets it

Because houses are expensive and we're sick of mindlessly supporting old fucks like OP

Why buy a house when you live with parents? way cheaper

That fucking avacado toast!

I'm pretty sure it's a plot by the Jews to keep us in poverty.

When have house prices gone down for more than 2 years in a row?

>Avocados are $2.5 each
>Holy shit stop eating this waste of money.

Relative to the price of pre-prepared food in this country it's nothing.

I would if I could actually save enough money to get out of here comfortably. It's tough when 50% of your pay check goes to tax and a large chunk goes to college+rent.

Also doesn't help that the SO is doing really well working in a bank and doesn't want to leave this terribly priced city. Fuck.

Because it's not as much the chinks moving money out of china as it is the 10% buying all the houses that the people that they were made for can't afford.

While governments allow foreign investors to buy property you can indeed have a situation where the local population is priced out while prices remain high or even grow. A house becomes a commodity to be traded and not a home. This is good for government in the short term as artificially high house prices give the masses the appearance of wealth. However, it destroys any sort of community in the medium to long term.

because they cant afford it retard

no one can afford to have the nuclear family lifestyle because it takes both parents to be working good paying jobs so people just live in apartments or never move out of their parents

Impossible to acquire a down payment while on a Walmart and hairdressers' wages. The only thing to do in that case is to save for 20 years and move some rural place that will take an hours commute to work.

I already pay $950 a month for a 2 bedroom. This is the best it's going to be.

It happens BECAUSE u have socialism ... u fukking fegenetate.
( zentral banks is hallmark of sozialism and communism. As well as all those regulated work n wage markets,
( which is the reason chinese are more competitive in the first place )

They are just saving them for all the shit skins the kikes want to accommodate in our country. Since feminism is so great and woman are fat pieces of shit. Who to say they won't just abort the baby anyway? Those homes are for all the Illegal Mexishits and shit skins that have families. So libshits and kikes want to bring more of them in and have them take more jobs away from American Citizens and blow up the population density in areas. Because an Elitist don't give a fuck. They live some where else in the world. Not in an area they want shit skin galore at. Then my tax dollars can go to feeding their families. If I even have a job that is!

>Buying a house
Fuck that shit. Maybe when I cash out from startup equity, but until then, I'm a software engineer and I work literally anywhere.

>inb4 MUH student loans

Fuck your inb4 horseshit, you know damn well most of us are in debt to our ears for almost a decade after college. Fuck going into more debt.

>STFU. If you spent less on Starbucks, video games, pornography, and avocado toast you could afford a house.

I'd rather have those things than own a house desu..

>the price of pre-prepared food
Don't buy that either. Stick to the least expensive meat, the least expensive fibrous vegetables, and filler such as rice, beans, and oats. Use common spices to make it taste good.

>the SO is doing really well working in a bank and doesn't want to leave
Don't blame the city for the anchor.

Im not living here, just working for my dual study and im not even near my 30s. I get paid 1100 chf / month have to pay taxes insurance and rent, so how am i supposed to own a house by now

Millennials don't want houses because they value mobility. It's not because they spend too much money on avocado toast.

>living in cali to begin with

cool job faggot

have a (You)

I don't know how the Polish housing market works but in America, nearly all people take out a mortgage. In your case they would usually make a down payment of 3%. If you can't save $7,500 then you should just consider suicide at this point.

This

That and the rich chinks flood our country driving costs to, oh and this retarded liberal government not accessing l addressing the economy.

We tried using an agent once, and that was their entire role in the process - emailing listing agents.

Eventually, we found that local forums and listing sites that are separate from the MLS allow us to reach homeowners directly, so you're right, it's a moot point now.

well, almost - there was one case where we found an MLS listed house. I emailed the agent to tour the house, and I liked it. So I got the guy's info off of public records, wrote him a letter, and told him that if he fired his agent I would buy the house at 96% of listing price. he bitched, but when I broke down the math for him and showed him that he would lose near $50,000 on collective 6% fee, and that any other buyer would talk him down at least 4% before that point anyway, he didn't even hesitate.

last 3 houses we've moved into I've bought directly from owners with no REA involved.

because i'm not investing 500k in a 100k shack built in 1950

People who already have overpriced homes sell them to buy new ones. Boomers are constantly told by the media they need to downsize/upsize/flip so they leave there perfectly good home.

Houses need to go down by 50% and that's just a compromise. No one with a college education should have to take out a 25 year mortgage for something that would be considered a poor man's house. I am within the top 20% of income earners in leaf land and I would still be mortgage poor to buy a place within driving distance of work.

>12 beaners families pooling into 1 house

That's actually lowering home values because they are not going out an buying one house per family like normal Americans.

Oh yeah ffa loan. Good luck with that.

>implying that flag is Polish
>implying you can't get away with 0% down with a USDA loan or .5% down with an FHA loan and down payment assistance

This.
Boomers ( selfentiteled, independent women) LITERALLY destroy the world .. ( with their parasitism )

This
So tired of the fucking boomers
Social security will stabilize (more than it has been) when they're dead and not sucking it dry
Property prices won't be so fucking sky high as every house, apartment, etc won't be owned by boomers
Jobs won't demand so much fucking bullshit priors as boomers won't be running shit
Politicians (at least in theory) won't suck as much cock since they won't be boomers

Christ why won't they die. At least our kids will live in a boomer free world
But they will live in a millennial run world aka boomers pt2 revenge of the pussies

> live with parents?

you can't build a family of your own while living with parents.

SORT YOURSELF OUT

i'm not saying you should rent, I'm not saying you should buy. both those cases are stacked against you.

time to enact political change faggot