Why is it in the US so easy to buy a car, but so difficult to buy a house?

Why is it in the US so easy to buy a car, but so difficult to buy a house?

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a car can be repossessed

its not. If its a house for you, you really only need a 5% down payment. Which outside of major cities doesn't end up being that much.

A car salesman told me that the auto industry is going to experience a bubble burst, just like the sub prime mortgage bullshit blew up the housing market. Don't know how much of his opinion is true though. I do see a lot of non-whites with bran new cars these days, especially with uber and lyft drivers.

If you can't save up 5-10% for a down payment, you're a shit american.

The FHA even has programs for first time homeowners where you don't need to put any money down, and people can also purchase mortgage insurance (PMI), which you can pay for a year or two and then just refinance to get rid of that shit.

Zero, or very little money out of pocket other than your normal mortgage payments and interest.

If you can't get a home in the US, you are a failure and should consider moving to a country where gibs are distributed more in your favor.

Because they're cheaper, there's more of them and they're easier to repo.

>Why is it in the US so easy to buy a car, but so difficult to buy a house?

because the value of cars degrades with time.

>uber and lyft drivers.

A lot of these guys are using someone else's car. The owner gets a cut of all rides and doesn't have to do anything. The driver drives and gets a cut obviously.

You realize this can happen to a house as well right lol?

Probably because a car is $25,000.00 and a house is $300,000.00

My closing costs were about 12k on a 116k loan. We only saved for 2 years and used cc to offset some bills. Covered it no problem.

LOL

LOL, significantly more difficult LOL, LOL.

>closing costs were about 12k
God dammit!

Jews

I don't know.

...

How is it more difficult?

Because American cars are shit

>cars cost significantly less than houses
>cars are easier to purchase than houses
what did they mean by this Sup Forums???

It's not any harder, but the process takes much longer, and can be dragged out a year or even more. Don't listen to underage faggots that type "LOL", he's just some dumb little fucking autist off his meds.

fucking crazy right?

I thought OP must be wrong, but I just ran out to the grocery store just now and it was easier to buy a gallon of milk than it was to buy my car. What gives, Sup Forums??? How do we explain this??!?

>car
>a significantly cheaper item that INSTANTLY loses value in all, but the rarest of situations
>forcing you into a constant consumer market making CEOs money
>forcing you into constant debt making JEWS money
opposed to
>a house
>retains value in 99.9% of scenarios
>gains value in majority of scenarios
>while can still be a way for Juden to screw you, you can actually work around them in a few cases

Is it really that difficult to understand?

>all the cheap houses are way the fuck out in the sticks or in the deepest, darkest areas of the urban jungle

Guess I'll stick with renting

It took two weeks to close on our house.

No down payment or any closing costs.

It was easy.

Because the government subsidizes the housing market.

Squatter's rights. Google it.

Considering foreclosure/repossession has nothing to do with squatters rights, which is not an actual right.

If you were to dispute such a thing in court, a bank would win anytime....

It is NOT difficult to buy a house. If you can't manage to buy a house by late 20s, then you probably should not own a home because you will not be able to handle the responsibilities that come with home ownership, being a property owner, and being a member of a community. You obviously are irresponsible in many aspects of your life if you are 30 and don't have your shit together enough to buy a house. A retard can buy a house if he can hold a job, which many retarded people can and do hold a job. Why can't you buy a house if a retard can?

Get your shit together. Sort yourself out.

Not if you’re white or asian

Oh, honey, no....

Former mortgage pro here, ama

The average home buyer buys a new house every 7 years. Mortgage interest is front loaded hard, especially in the first 5. If you're not keeping every house you buy and turning it into a cash flowing asset you're just an interest machine for the kike banks.

Jeez got, you can get started on your life of debt slavery by the time you're in your late 20s, what more do you want? When are you niggers going to wake up and see the Jew is controlling your money first and foremost, even before he gets your mind?

I've got a home worth about 110k market value. I owe about 45k on it and want to use some of that money to remodel the bathrooms and update the kitchen a bit. ReFi or HELOC? Explain.

It is the other way around.

It is extremely easy to buy a house in the US, while a car is disproportionally expensive to buy in the US and you need all kinds of background checks and financial checks to lease a car.

Jesus, there are houses in the US that cost less than my Porsche's ceramic breaks.

Do you plan to keep it for the long term?

For the same reason it is easier to buy a candy bar than a car. Cars cost far less than houses.

Yes, I'd like to get those renos done and rent it out for those fat sheckles.

We regulate housing so that we can keep blacks and Hispanics out of white areas.

Cars are for the birds to dump their money into and rarely if ever get back.

what my countrymen is trying to ask is my cars are cheap in america?

I wanna buy a house but prices are too fucking high. There will be some sort of market downturn soon right???

Has a cool as address, too.

Because of financing. Cars are same price as homes. But you really can't finance a home unless it's at least $50,000.

...

Is it your primary residence?
How much will the updates cost?
What is your current mortgage?
What will you rent it for?

Will you be hiring a manager or managing it yourself?
What about maintenance?
Do you want to build an empire or just have one or two rentals for passive income?

If you don't need all the money but are thinking of making a bit of a career out of this I would say do the refi and get out as much as you can, especially if you have VA eligibility which will get you 100%, then invest in new properties with the difference. Leverage is magic. If you just want the one then look into the HELOC.

Get an amortization schedule in excel and play with the numbers, especially costs for each loan in the first few years. You need to see how the bankjew is going to get you before you make a decision on how to outjew him.

There are plenty of cheap run down houses that are easy to fix up to love in. The problem is people don't have the money to buy. You can finance a $30,000 car with no money down and make $200 payments for a decade, but you can't even finance a $5,000 house unless you take out a personal loan.

VA loan or owner finance?

What is owner carry or contract for deed?

>Easy to buy a car

If you mean the process, I'll give it to you

But price wise, no fuck off.

The Used car market in the US is a nightmare to navigate

Two weeks ago a 16 year old crossed three lanes of highway and plowed into the front end of my vehicle
Utterly totalled

Now I'm hunting for a new car and there are three problems getting a replacement
1: There's not much out there
Ever since the crash in 08, people have been holding on to cars, and Cash for Clunker destroyed resellable vehicles pointlessly; which leads to...

2. All the used cars out there are atrocious.
Everything on the Used car market is some form of been in several accidents, close to or over 100,000 miles, 10 years old, not taken care of and likely some combination of 4
Trying to find a decent used car is like looking for a Virgin QT out of college; and...

3. Dealers are Greedy cunts.
It's not all their fault. They don't have as many used cars right now, and the market isn't great. They need to make profit somehow. So they're jacking up the prices on all their cars.
I had a 10 year old car with 100,000 miles on it that got wrecked in the crash.
Insurance paid me 5 grand.
Guess what dealers want for the equivalent 10 year old car with 100,000 miles on it?
13 Grand
They want Half the going price of the average new sedan for a car that was build before Bush left office.


The used market is shit.

Also, what is a private money lender, wtf anons, are you so wrapped up in the Jew banking system you can't think outside the box any more?

>the Jew won't give me any money
>guess I'll just give up

Also, watch out for those cars from Houston which were in a flood.

>but you can't even finance a $5,000 house unless you take out a personal loan.
wud? why?

So you cannot buy a house and get a loan with a mortgage?

post timestamp of porsche pls

>post timestamp of porsche pls
It is in the garage... not my garage, but the garage of the law firm I work. I would have to walk there, it is 10min away.

So no. Also, I talked bs about my brakes. They don't cost 25 grand, they cost 8k.

Foreclosures u moron

It's easier to bring down the cost of a car than a house.

>uber and lyft drivers
They're required to have a vehicle manufactured in in the last 5 years.

But yea it's going to crash. Too many people buying homes they shouldn't be. Banks starting to get lax rules again.

If you have your stuff in order, the process is closer to a month if you need a mortgage. If you have cash to buy a house its a couple weeks while paperwork gets filed.

>lax rules for banks

Like what? You need proof of income, two years tax returns for most loans, anything under 720 credit is getting you a rate increase, mortgage insurance for anything over 78%LTV, etc etc etc. Before the crash a mortgage was practically a Sig loan only secured by the underlying asset, the value of which was drastically inflated by the easy loans.

At least go watch the Big Short and go talk to a mortgage broker before you spout nonsense on the internet.

I still think values are inflated btw, it's just not because of shitty loans, it has to do with a lack of inventory because builders are only building $400k+ houses when possible because of credit restrictions imposed by banks so they don't get caught holding the bag and end up not getting a bailout this time.

Here's my favorite.
chicago.craigslist.org/chc/ctd/d/2017-ford-focus-rs-awd-4dr/6430112745.html
>See Craigslist ad.
>google VIN because /o/ vin check has been non-existent
>find pic related
Love it.

Why are used cars so fucking expensive in the usa

You're expected to live in your car.

Its a $40,000 total loss salvage car being sold for $33,000.
Post claims clean title but I'd like to see that paperwork. No way I'd pay that much for a car wrecked that badly.

Why is it so easy to buy both in Europe but so hard to hold unto them? Bureaucracy, that's why. Same applies there and everywhere else.

Real estate is a store of wealth. Cars lose value the second you buy them.

People with money don't want you to have money.

Real estate is a shitty storehouse for your wealth if it's just your primary residence, considering you need the Bee's permission to access it. You'll need a job and a good credit score to leverage that money, goy.

I have autocorrect, what a Jewish invention

See?

Nah, that's true. They give out new vehicles without any money down. A coworker of mine makes 22/hr and just bought a 2017 Silverado with no money down. His payments are about 900/month.

hes going to be paying that off for the next 20 years holy shit

>literally half your paycheck every month for a car that depreciates fast as fuck
So fucking dumb

The Jews don;t want you to own a piece of America through land ownership. They want it all for themselves, so they tax the shit out of you and put up a million different regulations to push real Americans into living on the streets.

Depends on the year mileage make model etc. I got a decent 2012 wrangler. with 59k miles for 4 grand.

HE THINKS HOUSES IN THE US ARE CHEAP
AAHAHAHAHAH COME TO THE UK YOU FUCKING POORFAG

This
In the UK people shit and moan about being unable to afford houses
Most of the people, or at least the ones writing articls, want to live in London or large SE cities
Buy in the country, cheaper and larger houses, save for three or four years for a deposit. Move back in with your parents if you have to. No use wasting all your money on rent
I have an ISA with a bank that will match 25% of my savings for a house deposit

>Half the going price of the average new sedan
If you bought a basic model kia they start at like 12k. You could buy a brand new 2018 for that.

A car can be taking anywhere at any time, Try kicking a welfare queen out of a house to repo it Can take a year or so while they sell the AC and strip the house of copper

You can easily move the far away from niggers but not the house