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Message Subject Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
Poster Handle Anonymous Coward
Post Content
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What % of people do you think have enough cash to afford to pay for the average priced home in the US?

You guys have no grasp on reality
 Quoting: Anonymous Coward 42717143


Just because the herd does one thing, and someone tells you not to follow the herd, doesn't make that person unrealistic.
 Quoting: Anonymous Coward 77670353


Thanks for the meaningless nonsense

Now, will you answer what % of people have enough cash on hand to pay for the average priced house?

I’ll give you a hint: the number is very low

And guess what that means?

Only very wealthy people own land

You all aren’t as smart as you think you are.
 Quoting: Anonymous Coward 42717143


You only want people replying who give you nice answers.

If you want me to agree the % is low, then you need to agree that is the case, by design. Americans have been encouraged to over leverage their lives and pay interest on everything. Then they fail, banks repossess, and the cycle continues. That's why no one has any money.

If Americans saved their money, instead of 6 streaming accounts, 3 car payments, $300 weekly grocery bills full of junk food, they'd saved 40k a year. In 10 years they could buy a nice home outright. Instead you want to argue that it's better to borrow 500k, pay back 100s of thousands in interest, so you can be remembered as the hero grandpa who left a 'legacy home for his family.

Get real dude.
 Quoting: Anonymous Coward 77670353


No I want intelligent answers… unlike yours

You’re just saying only people with hundreds of thousands of dollars should own homes.

That’s means wealthy people would very quickly own all the homes as they would be the only people able to buy them.

You haven’t really thought this through. You’re just mindlessly parroting grievances commonly made by uneducated people that have no concept of finance.
 
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