How are Western house prices sustainable?

How do we solve the boomer problem?

>it's the location
NO SHIT FUCK HEAD THAT WAS HIS POINT

this, its about the lot, not the house. thats most important. after about 25-50 years the actual house sitting on the property has lost most of its value, unless its something classical or historical boomerboxes are getting demolished. most of the old suburbs and getting replaced with mansions now, at least where i live.

What is the best way to prepare? Buying silver?

This. My parents retired at 55 and are living the life while i'm stuck in a shitty apartment in some horrible neighbourhood, unable to buy a house, unable to rent something better, unable to built anything due to regulations, unable to invest in anything but crypto. I can't find a girl because they're all cheap and superficial thots.

Let the world burn. Not even joking anymore. Let. it. Burn.

Massive amounts of borrowed money enabled by QE and foreign investment by wealthy Chinese who are desperate to get their money out of China

i think his point was that the house listed isn't worth the price because he can find one twice the size at 1/20th the price. how the fuck do you interpret his response?

canned foods, some silver, some gold. Some means of defence. Communication channels. Really depends on your situation.

this is the vancouver house. can you unironically prove you were in this house before 1975 to steal the ownership of it?

Inflation.
Trillions from all QE went into assets, creating speculative bubbles. Prices are elevated a bit, but I wouldn't expect a big nominal price crash. I would expect big inflation in everything but currently inflated assets. A relative repricing, not absolute.
Those holding money (any fiat currency, euro is much worse than dollar) and fixed rate bonds are going to get shafted.

I make twice as much as a boomer relative but wouldn’t be able to afford the house they own if it was sold to me today. Fucking boomers

Guns and ammos is the only tangible currency during a crisis.

>t. bosnian

then they were the greater fool

>highest pay in the family
>grandparents had house in what is now a slight after part of town
>boomer children sold the house and drank the money (alcohol)
>grandchildren (me) can't afford mother FUCK anything yet
Looking at salaries and taxes and shit I can't afford a house without being house poor until I'm atleast 100k per year.

That’ll be good for student loans at least.

You have exactly pin pointed the problem. However, you’re telling me you wouldn’t sell your house for 10x medium salary knowing you could find a buyer ? As much as boomers are to blame, I think everyone would do the same if they were in their position.

sought after*

>t. bitter 30 y/o boomer who can't afford a house

It’s so fucked. You need the income of an average doctors salary to buy a house in my area that isn’t a shitty condominium

maybe you shouldn't have been a low skill faggot and be a useful part of society instead of jacking it to twitch

I’m an engineer right out of college. You need to make 200k to afford a house here

then get a condo and work your way up. or if it is that important to you to own a detached home, move.

>t.trust fund faggot who has never done real work in his life
The world would collapse in a day without low skill work being done.

a robot can flip my buger just as good as a person.
trash truck is already automated, guys don't even get out of it anymore just drive around.
retards bag my groceries still, but id bet that changes next.

we actually don't need low skill tards much longer.

you dont _need_ a massive house. its a right. you probably own 20 iphones too becaus e"you need" it.

eat my dick

doubt it, we can always pay the overqualified guy more to do low skill work. can you pay the unskilled guy more to be a doctor?

yea becuase the system in which a bus driver could afford a house after a few years of work and a big family 50 years ago is clearly so much worse than todays kikery right? only dr Shekelstein should e able to afford his own piece of land and house? banks printing money and baiscly handing it to the boomers are a fair solution to our generation right?

driving a bus 5 mph isn't a skill.

Senior software engineer making $95,000 ... can barely afford anything on Colorado... seriously fuck this shit.

>Prepare. Seriously.
>Guns and ammos is the only tangible currency during a crisis.
>>t. bosnian
If it actually gets that bad, wouldn't the best solution be to just leave? Like go be a poor English teacher in Taiwan or some shit. Better than getting into literal gunfights over a can of soup, isn't it?

>hurr durr muh robots
Well then where are they you useless piece of shit? I've never seen a robot flipping burgers before and neither have you.

>we can always pay the overqualified guy more to do low skill work.
the fuck does this have to do with anything I said? Goddamn this really is one of the lowest IQ boards.

>>The world would collapse in a day without low skill work being done.

the world wouldn't collapse if low skill work wasn't being done because high skilled people can do low skill work to make up for the fact that low skill workers aren't there. high skilled workers are interchangeable with low skilled workers while the opposite is not true. low skilled workers are not interchangeable with high skilled workers.

this is why you are a fucking brainlet.

> if it actually gets that bad, wouldn't the best solution be to just leave?
top kek they will just let you leave user
Sarajevo exit routes were all barricaded

>the world wouldn't collapse if low skill work wasn't being done because high skilled people can do low skill work
> if low skill work wasn't being done
> high skilled people can do low skill work
Holy fuck please tell me you're trolling

usatoday.com/videos/tech/talkingtech/video/2018/07/26/flippy-robots-burgers-may-better-than-yours/35371579/
>not living in cali
never gunna make it

>Well then where are they you useless piece of shit? I've never seen a robot flipping burgers before and neither have you.

you really are retarded. 5 seconds on google would answer you.

>>bbc.com/news/av/technology-43292047/burger-flipping-robot-begins-first-shift

>google
you dumb nigger. this shit doesn't exist in the real world. There are self driving cars too, where are they all?

let me put it in ways you can understand. if we run our of janitors, we can always pay a overqualified person more money to do the work of a janitor. say for example, an engineer would make 100k being an engineer. we could pay him, say, 60k to be a janitor because he has less responsibility and the job requires less hours. could you pay a janitor 100k to do the work of a engineer? no. the skills aren't interchangeable.

you'r a fucking high school drop out aren't you?

my dad's home is so expensive I wouldn't even be able to afford the property taxes if he gave it to me for free.

if we run out of janitors we can also just get a roomba.

he's just an edgy elitsit faggot who feels like he's on top of the world but sooner or later he'll get straighten out by life.
I'm an engineer myself but there is nothing I hate more than faggots like that who think they are better than everyone else because they learned different concepts like monkeys without inventing anything themselves

there is literally a restaurant that uses it in reality.

>>caliburger.com/flippy

I know exactly what retarded argument you're trying to make. It has absolutely NOTHING to do with anything I said. I said that without low skill work being done, the world would collapse. If low skill work is not being done, this means high skilled workers would not be doing low skilled work. You stupid fucking dingle digit IQ nigger, this is literally basic fucking logic and you still haven't figured it out after like 4 posts

u mad?

>one restaurant out of 80000000 uses a burger flipping robot
>low skill work is literally unnecessary now
holy shit the absolute state of Jow Forums. I bet you think banks aren't necessary any more because your local starbucks takes bitcoin

you really are retarded. i just proved to you that high skilled people can do low skilled work if we gave them a better compensation package. the world would not 'stop' without low skilled people because we can always pay someone overqualified to do the fucking work. the world would still turn, albeit it would cost more to get my toilet scrubbed and my trash picked up.

on the inverse, would low skilled people be able to design fucking bridges or perform surgery if we paid them more?no, the world would literally fall to shit if there were no more high skilled people, example, doctors, why? because low skilled people can't replace them no matter how much money we throw at you brainlets, you wouldn't become doctors.

>now
>soon
newsexaminer.net/food/mcdonalds-to-open-restaurant-run-by-robots/

high skilled workers would just solve the problem
>working sucks
>build robot

dumb people serve no purposes but to be our workanimals. maybe we can get faggots like you to start building us bigger homes or something.

it's called progress you fucking retard. you think we all magically converted over to automobiles from horses overnight?

>he STILL doesn't understand
You're too retarded for words. just stop.

>dumb people serve no purposes but to be our workanimals.
Then get down on your knees and shine my shoes bitch

To avoid massive illiquidity, student loans will get repriced and pegged onto gold.

That sounds inconvenient.

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Did stuff like that happen during that bigass bout of inflation in the early 80s?

>> I said that without low skill work being done, the world would collapse.

which i just proved is full of shit. we don't need low skill people. you brainlets need us. but i'll be sure to thank you the next time i get my paper delivered or my toilet scrubbed because you're such a bedrock of modern society.

>these two faggots flinging shit about low skilled work
Start your own thread or go cornhole each other already, cunts. Shit is off topic.

That's what happens when a city is under military siege
Extremely convenient, people with their life savings / gold running straight into your gun

You're talking to a retarded Chink who came to the US with laundered US bills from the Chink Gov. He's a fucking locust and only good for building railroads

hahahah are americans really this fucking retarded?

you did not even understand the point at all. English is my third language yet I had absolutely no problem understanding what he said

also
> i just proved to you that high skilled people can do low skilled work if we gave them a better compensation packag
no they can't, and no they would not. No doctor would become a fucking janitor. He would rather not work at all

>we can always pay someone overqualified to do the fucking work
oh really? who is this magical "WE" who will suddenly pay huge salaries for low-skill work?

>the world would literally fall to shit if there were no more high skilled people
exactly like low skill jobs then, both are needed just as much. Low skill work is probably needed more than most "high skill" work (doctors are the exception)

They're not.

Flipping should be illegal. If you buy a house, you should be required to live in it.

>>no they can't, and no they would not. No doctor would become a fucking janitor. He would rather not work at all

you pay someone enough money, they'll do it. if the difference between the wages becomes closer then the difference is the responsibility and pressures of one job over the other. the point being, a doctor *can* do the work of a janitor, a janitor cannot do the work of a doctor.

>>oh really? who is this magical "WE" who will suddenly pay huge salaries for low-skill work?

the market gets what the market dictates. if there is a void in a specific job, the market will adjust compensation packages to fulfill the demand. if the demand for janitors becomes so absurd, perhaps they'll get a compensation package better then doctors make now?

>>>the world would literally fall to shit if there were no more high skilled people

and no, for the reason i stated at the beginning. we can pay someone any amount of money to do a job that is in demand, especially one that requires no technical expertise of training. you can't however, throw money at a retard and expect them to do a job that requires specific skills.

>retards bag my groceries still, but id bet that changes next.
I've been bagging my groceries for years. The only reason I need a person to check out is if a coupon is rejected.

my local stores hire actual retards to bag stuff, why i try to go at like 2am. during the day like mouth drooling special bus type shit work everywhere. its more annoying than anything when i get my eggs in my laundry detergnat pods.

I think mobile homes are going to become a big thing in the near future. Once the stigma drops, every millineal is going to be living in a "tiny house" or some sort of a trailer or RV, and pay less than 300 a month for a parking spot and a water hookup.

Considering going long CVCO or SUI

Nobody needs Medicare or social security either, boomer. Just a privilege. Nobody needs artificially high housing prices propped up by government policy either

im not expecting ill be able to get health care or social security. im planning accordingly others should too.

houses are not expensive. black faggots want to popout 100 kids and dodge taxes? live in the projects they dont deserve houses. theres only so much land, everyone doesn't get some.

>Words. Separated. By. Periods.

powerful

Start saving up bottle caps. Srs.

That's an average Canadian house.
If you go to the US you get that for 10k, but US isn't as great as Canada. :D

I love my little brother more than anything, presumably I will love my children even more. I could in all honesty say I would not do this if I knew.

>Let the world burn. Not even joking anymore. Let. it. Burn.

Hold hard assets outside the system to use as leverage against the shit heads once this shit show of a system implodes.

>MAYBE YOU SHOULD ALL BE DOCTORS

>ONLY DOCTORS ARE A SKILL
we need engineers, architects, programmers, grease monkeys to service our robots, test dummies for medicine all sorts of shit.

we dont need people to put food in bags, or flip burgers.

>people like jeff bezos would suddenly pick up a mop and bucket

This is some high quality shitposting

why are you such a brainlet. bezos may not pick up a mop and bucket if he's already doing something more worthwhile. make it worth his time and he could possibly do it. notwithstanding he can be a janitor if he choose to a janitor cannot do what he does. it's a one way street.

are you all high school dropouts or something?

> to keep themselves sweet in their retirement years while their children literally fucking rot and stagnate on antidepressants
I see a lot of this shit in New Jersey in wealthy areas. It's fucking sad.

@11178180

Wanna know why Jeff Bezos is Jeff Bezos? Because he used to clean horse shit and flip patties at McDonalds before going to school. He's never doing that again

bezos is bezos because he went to school, learned what he needed, applied what he learned, and make billions of dollars.

he did what was necessary to achieve his goals. low skill labour suited him when he lacked the expertise of anything else. now that he has the experience and training, he has accomplished more.

he is not rich because he did low skill labour, he's rich because he created something people wanted with the knowledge he gained at school.

do you really think he became rich because he did low skill work?

No it's because he had rich parents that bankrolled his autistic ideas which allowed him to be successful. Chances are he would've missed the dot com boat if his parents didn't give him that 300k when they did and you wouldn't even know his name. Most people with autism end up working at Walmart or as a code monkey. For example, I knew this guy that started a business selling miniature zen gardens inside of glass jars. Completely retarded idea. HIs parents gave him the money to start it. Literally no bank would've ever given him a loan for this bullshit. And he acts like he's such a financial genius.

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>If it actually gets that bad, wouldn't the best solution be to just leave? Like go be a poor English teacher in Taiwan or some shit. Better than getting into literal gunfights over a can of soup, isn't it?
Only cowards abandon their homeland

The problem with these robots is that they're expensive and the resources to build them are getting scarcer and scarcer

>, I knew this guy that started a business selling miniature zen gardens inside of glass jars
It seens like a good idea to me. Women would love it

STOP DERAILING THE THREAD YOU FUCKING MORONS

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Fighting foreign invaders as part of an organized army is worthwile. Fighting a guerilla campaign in a civil war/partisan scenario is worthwile. Choosing to stick around and scrounge by and try to defend yourself from randos when it all falls apart and thinking your homeland means anything to anybody at that point is pants-on-head retarded if you have any other option.

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you are right bro. The people you are replying to are trolls. Nobody is actually that retarded to think we need low skilled people. If anything the world would be doing better if we got rid of 50% of the bottom 60% of the population. We would have better health, better education, more resources, more advancements.. etc..

Just graduated with my mechanical engineering degree making 80k a year + 20k a year in stocks and literally can't afford anything here in Seattle because all the houses are like 750k+ minimum. Debating going back to school to get my master's and wait for the market to tank.

Is this the same guy?

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Man I kinda want to design an inexpensive mini home trailer that is stackable. Let people in Silicon Valley start building vertical trailer parks.

>two million three-hundred ninety-eight thousand Canadian pesos

Nice troll image, that's only like $24k USD, which is perfectly reasonable even for a shitshack like that in a desirable location like Vancouver.

>blaming the world for his own shortcomings

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Day of the cutting social security

letting wealthy people speculate on housing based on greed is like letting someone buy all the clean drinking water and resell it for more than they paid. working taxpaying people should be entitled to the necessities of life. The solution is to stop trying to own a home and leave the west. How is the ceo of DIS gonna make his millions when his employees go on a mass exodus to Croatia?

how do you know this??