How Did I Do, Anons?

>I just don't understand when people always say buying a house is for suckers

Buying at the peak of the market is for suckers when you could wait 2-3 years and get it for a steal.

No wonder houses seem cheap as fuck in USA. In Australia we have none of these property taxes for owner occupiers only a land tax for investment properties And that tax only applies for land values over 630k (land value only improvements not factored in). It was recently newsworthy that a run down house in Sydney in a bad neighbourhood sold for as low as 440k

This.

Everyone on this board stupid enough to shill renting over owning doesn't realize that people have to live somewhere. And when people can't afford to buy houses? They rent. And with higher demand for rentals, rent prices increase. Those already overpriced 1-br flats are gonna become even more expensive if recession really does occur soon.

The seller pays their agent 6% and they split that with the buying agent so they both get 3, the buyer pays no commission. It's basically a fucking cartel, real estate business is shady as fuck and I can't wait for it to get replaced with smart contracts. They make a fuck ton of money just because they know all the laws and make the deal go smooth. It's bullshit, but my old lady's aunt is an agent.
Yeah I wouldn't buy now. The dude I bought it from bought it in like 06 and ended up selling it to me like 30 grand cheaper than what he paid, and he made a bunch of good upgrades to the house

>just sold a house that's gonna keep going up in value.
hahahaha

no

>I'm just in a weird spot
Florida has homestead law, you can pull some shady ponzi scheme and so long as you bought the residence you live in with the money they can't sell your home to pay people off

Lots of bad assumptions.

Thanks user. I make 70K and will probably be paying $500 a month for a room. I technically could go live with my dad for 6-12 months and just save... But fuck I'm 33.

No but home values do, which means I can upgrade my house at the bottom with cash in-hand, debt free, banks will crawl to me, I'd get a great rate on a new home better than the last one and probably 50% off.

LOL LOL LOL who the fuck is stupid enough to think "smart contracts" are going to make it in the real estate biz. Dipshits.

Then who is buying the houses?

People with capital. Those who have capital, during a housing crash, where banks tighten the lease on their loans, are the one who profit.