If you've bought a home in the past 30 years, what did you pay for it?

You own nothing. TAX MAN!!!

The corporations are going to buy up all the houses. No more owning. And if you think your boom-boom (sic) parents are gonna leave you anything you are kidding yourself. They will sell you out like they have their whole lives

Then the corporation will own it all and you will rent or otherwise be housed in a camp probably

Thanks for our future

Lucky if you got into a house the American dream is over,

If you mortgage is locked in you could be sitting pretty but if you have adjustable get it now you are gonna be fucked!

CAN YOU BELIEVE a JEEP GRAND WAGONEER is 100k !!!! Thats a fxcking house, who is that fxcking stupid ???

lots of tards paying astronomical prices for houses causing prices to go vertical. Degenerate California trash look at a 50k house in the Midwest and think its a deal for 400k. Can those fuxking idiots pay it off ?? NO because there is NO JOB SECURITY TODAY.

Location Location Location here in Michigan, our avg wage is around 24k. No way you can buy a 400k house on that.

And they are already doing this. Buy all the houses. Then, artificially limit the supply so the prices skyrocket. Eventually the goal is for nobody to afford to live in a house. Then, once they own everything it’s over. They’ll say no more building too.

And all these empty homes just like china’s cities but guess what your ass will probably be on the streets not living in one. They will just be sitting empty taunting all of us until they fully implement their demonic system

Bay area 2015 paid 425,000 today its 1.1 million..

3bed 2 bath garage 1430sq ft 6900sq ft yard.

50k last year

You idiots voted Biden in! So YOU fucked up. Educate yourself! Your generation is sending us into a depression with all your woke bullshit.

Bro I didn't vote for that pedo, are you nuts?

127k now 230k

The only people that voted for Biden are radical leftists and soccer moms, but MOSTLY soccer moms (in other words, Karens)

Nobody voted for that fool

You think young people (or those younger than you) voted for this guy?

Get real

They either didn’t vote (majority of young people likely) or they voted for trump so stuff your geriatric shit and taking a pill

You got low T probably

That's because that's all they can afford

Was able to pull the trigger on two in the last 12 months, partly thanks to Trinity's infamous 'what oil stock should I invest in' thread during the oil crash when covid first hit.

100k 1800 sq ft foreclosure, pipes frozen and squatter in it. Gutted and 3/4 reno'd so far.

104k acreage foreclosure, 2000 sq ft older home already gutted so only had to reno that one.

Snapped up the last of the covid foreclosures, in before the lock and real estate market started trending towards oil and gas situated real estate where things are starting to boom like crazy. No way I'd get those prices now living in oil country.

Got very lucky on those two, but I was watching daily and got both on the same day they listed, before the pictures were even posted.

btc

Lol There will be plenty of life around I-5 with the next huge earthquake!:

[link to www.newyorker.com (secure)]

165000 in 2001
In today's market, appraisal is 400,000.
My husband and I were thinking about downsizing - our house is 4200 sq ft BUT it's a seller's market so while we'd get a good price for our house, a newer house 1/2 the size would be about
$350000. No way I'm trading down. We'll wait until prices normalize.

Small, run-down cramped home with a tiny mortgage is a super way to start into the real estate market. You will be living within your means and saving like crazy.

I have never owned a home and I never will.

bought $490000 2005 sold $300000 2008
bought $1375000 2008 sold $2490000 2019
bought $1640000 2019 current Zillow: $3.2M

Interesting thread OP. Nothing crushes my hope for the future more than listening to friends/family who are so excited about the increase in “value” of their home. The real estate inflation game may be natural but it’s responsible for so many of our problems. Interesting follow-on questions:

1. Do you own your home outright?
2. What’s the annual carry cost beyond mortgage if you have one?

So many Americans should own homes. However, the percentage who do is going down while the cost of owning goes up. Not just the market price but the insurance, maintenance, and most of all taxes. Where did all the “gains” go? Depressing topic...

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered."

-Thomas Jefferson

Waterfront in Miami 2017 for 1.2 mill. I can sell tomorrow for 5. Crazy market here. Cashing out in a few months and moving to Mexico

I bought a 3-bedroom, 2 bath garden-level single-family home in Colorado 800 sq ft up & 800 sq ft garden level, 2-car garage, 8000 sq. ft lot FIFTY YEARS AGO 1972 for $24,500

Today's price $500,000

I bought mine 11 years ago for $200,000. 3 acres with a 2,500 sg ft house, 4 bedrooms, 3 full baths. Today the tax value is $350,000. I could get more than that for it if I sold it though. I'm out in the country in a beautiful area and the housing developments are slowly creeping my way. Our area is growing here in central NC. I'm not moving ever again though. I paid my house off a few years back when I learned about Agenda 21. I wanted to be prepared for what was coming.

Where is the 20.5× increase for wages?

Our first house we bought for 120k, now worth 500k
Our second was for 50k, now worth 300k
Our third was for 360k, now worth 750k
We can’t sell any of them because the taxes would kill us.

It's hilarious to think I am a part of the first generation that has had it worse than our parents by far.

"When I was your age..."

https://imgur.com/a/0OKYJOh

Most young people (20s-mid 30s) are okay with living on top of each other and want that type of environment because of social life. Bars, restaurants, entertainment nearby and lots of friends around. After that, a large percentage want a house with a yard.

I'm in my 60s and my parents were financially better off at this age. they had a nice suburban home in a great area and an oceanside condo in Florida. I have a nice house in a great neighborhood and can't afford a new deck, which is badly needed.

The slide has been happening for a while for sure, but it's unsustainable for a society that needs a 2.4 child per couple birthrate... at this point.

Something is going to break, and break hard when it does.