First they save the banks, pump trillions into the economy, inflate prices of stocks and housing, wages stagnant...

First they save the banks, pump trillions into the economy, inflate prices of stocks and housing, wages stagnant... Now millenials are the problem...

I wanna wait and buy your houses on the cheap, time to return the favor...

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>I wanna wait and buy your houses on the cheap, time to return the favor...

They will sell the houses to china instead

Foreign buyers are already backing off

>reads only that one article, before rushing to post here
>buy your houses on the cheap
No idiot, the housing market is suffering for lack of supply, not demand. So no, you won't be buying any houses "on the cheap". Fortunately for you, pic related is more than happy to rent you one of his properties.

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Hit the nail on the head there. Amazing what greed will do. My landlord purchased her acreage plot for 200k 2 years ago. She tried to sub lease third of it to me for 99 year lease for 300k. She isn't allowed to subdivide it so I won't even OWN it out right. What the actual fuck.. told her I obtained records of how much she paid and now we aren't on talking terms lol

WE ARE REVOLUTIONIZING THE WORLD!
DEATH TO THE SYSTEM!

I'll take my chances grampa... Been seeing prices fall a bit in LA market already

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It's not sustainable. Even foreign buyers can't prop up this market forever. All markets rise and fall eventually, it's a never-ending cycle. Or did you think that bull markets are invincible?

>buying a used wooden boomer box under any circumstances

Kek, if there's one thing I've learned in this life it's that any advice or life path a boomer recommends is 95% chance it's bull shit designed to fuck you over

>Been seeing prices fall a bit in LA market already
>grampa
Go right ahead :)

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It will be the same shit as London with vacant houses owned by billionaires frm all over the world
Chinks will colonise US, buy and hodl even if house stays empty
Zoomers can either take 40-year mortgage and pay the chinaman or live in the van forever

What a lazy photograph.

>One of the lucky ones?!?!?!
I guess i shouldn't be so picky since journalism these days is kept afloat by minimal ad revenue

I already did

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This is already happening in California. The Chinese investors DGAF and don't even bother renting the homes out

Fair enough. Why would a Chinese person want some disgusting round-eye stinking up their investment?

Not interested in OC or SGV... Will wait till 2020 and pull the trigger. Worst case scenario, rent it out and live in a van. With my luck, prices wil crash by 2026

It’s because houses are so fucking expensive now. I should’ve already moved out on my own with my $15/hr wage but every boomer wants to sell their properties for way more than they’re worth.

Imagine someone stinking so bad you wouldn't even bother renting to them for $10k a month.

What happens to real estate prices when all the boomers die?

It's inherited by their children. Thus perpetuating the cycle and exacerbating the problems.

Nothing, the millennial generation is just as big as the boomers. It's literally baby boom 2.0

Millennial are killing it because the lon or college replaces the mortgage on a house... now we owe somebody for talking to us for an hour abot bullshi instead of having something tangible to call ours

I really hate this boomer meme where any industry that is dying is due to millennials. No, it can't be that your company didn't adapt to the technological and internet age, or that you didn't keep up with your customer base's needs and wants, or that you have priced out the consumer before they even had a chance to comtemplate whether they want to buy your product or not. No, it's all the boogie man millennials fault.

Fucking boomers man.

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I run a concrete pump and houses literally can't go up fast enough

>boomers leaving anything for their children
Lol!

Guessing the jew in the background is Natalie Portmans bodyguard.

Millennials are poor. Why does nobody seem to want to acknowledge this?

lol. tfw it was actually the kikes.

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>Millennials are poor. Why does nobody seem to want to acknowledge this?
because boomers don't want to acknowledge that they selfishly fucked over their future (children) for their own self-gain

>he fell for the college loan meme

LA is a hellhole

>he fell for the college loan meme being a meme meme

I just got hired for 40k a year in a lot cost area of Pittsburgh because of my college degree. That said my accounting degree loans are close to 50k now.

Low cost, not lot..lol