Facts

85k downpayment

15k "fees"

now have to pay taxes, maintenance, upkeep

all for a 3k mortgage, more like 4k after costs

vs renting 2k a month and putting the 100k in something that yields and not being stuck to a wood box for the next 30 years of your life

85k downpayment

all for a 3k mortgage, more like 4k after costs

Way less than that lmao

ok cletus i dont want to live in the woods or some nigger town thanks

median home price in america is 450k. Down payment is 20%. No reason at all to calculate home ownership affordability based on any other number.

Thats not a 3k a month mortgage

No, I'm not larping. I haven't bought because I still want a bigger house. I'm planning to buy whenever the rates come down.

sorry but i will be buying a house 100% cash in 2026.

There's no crash coming. Literally a new paradigm

Stay in your containment state saar

Nice quads.

I'm a multi millionaire

I live in an apartment

Why?

You fucking retards have been saying it's going to crash for 10 years now.

See the OP but replace "millionaire" with "deca-millionaire". I hate that I'm like this. I am genuinely moving to a real house next year. No more doing this to my kid.

This is just timing the market, for houses.

this. ill think about it after this happens in couple years.

Yeah no shit. Do you show up in every thread that says "buy this stock" and post "this is just advice to buy a stock." ?

But that’s not why 2008 happened. What caused 2008 is not happening now.

yes. i agree. everybody should be rolling equity from their current RE holdings to new RE holdings. you can do this infinitely without repercussion.

Yes goy, let God's chosen people buy all the property

Based and Infinitemoneypilled.

lmao
"fixing" 2008 was the equivalent of having dysentery and clogging your toilet
so you go grab everyone else in the house and tell them to grab your shit out of the toilet and eat it
and they do, so you stand there proudly with your hands on your hips
but unfortunately you're too retarded to understand that the problem wasn't a clogged toilet, it was you having fucking dysentery and you just spread it to everyone in your house

2008 will happen again except instead of clogging just one toilet with diarrhea (housing, mortgages, and MBS), the entire house will be covered in a 2 inch layer of diarrhea that covers everything in shit

There could be other issues. There's a group accusing appraisal districts on inflating housing prices so they can fraudulently increase tax revenues. All you need is something like that confirmed and there to be mass layoffs to spark a sell off. Sellers want to get the best deal, but if other people start a sell off more people will end up capitulating

Yeah there's many other ways a crisis could happen. CMBS is fucked, public, private and household debt are at all time highs, stock market gains have been increasingly concentrated into a few companies most of which don't have the revenues to back up or will end when the AI bubble pops.

kek

the volume of sales is at all time lows, and it's because of this boomer mentality of "i deserve 1 million dollars for my crappy shack from 1910". soon they will capitulate.

or you can wait for rate cuts and golden bull run and buy your house at a good rate or buy it out in full

only way lower interest rates spurs more price growth is if we go to 0% again

No, you sound gay though or a frustrated incel, Your outburst reeks of it.

lol we shall see. as long as the fed keeps printing metric ass tonnes of money housing prices (and prices of anything of value, like food or gold) are going to continue to rocket upward. the only way prices drops is if the government stops spending, and that's not going to happen. trains leaving the station, get on or own nothing and like it forever.

Nobody could get a mortgage in 2008, nkt even Bernanke.
Only works if you buy outright in cash.
Boomers will start up money printer again
to save their asset value.
In other words, you vill live in ze pod and pay all your money to ze Blackrock.