Why Aren't Millennials Buying Houses in 1996?
based fed printing money and making boomers who survived the crash rich
truly based
tfw in 30 years 99% of people will be renting and even owning a shitty house will be something for the 1%
Take you datamining to Jow Forums faggot
>Why Aren't Millennials Buying Houses
1) Cheap ass glorified shed made of wood
2) Exposed on all sides to outside light, noise, prying eyes, etc
3) No space to even comfortably stretch your legs
4) Strangers passing by in the street literally 3 steps away from your frontdoor
5) Have to leave your car/bike outside in the middle of the street every night.
6) This list girls on and on
On the plus side:
Hey, at least it has a fucking flag... that alone by itself must be worth over 9000.
Fucking kekers.
>could be living in the nicest neighborhood in town for $250,000
>same house is $1,300,000 now
Japan says you're wrong.
zillow.com
>DATE EVENT PRICE AGENTS
>3/1/2019 Listed for sale $430,000 +377.8%
>6/11/2018 Sold $90,000 -- Debby OConnell
>5/10/2018 Listed for sale $90,000 --
>3/21/2018 Listing removed $90,000 --
>4/4/2017 Price change $90,000 +12.5%
>10/9/2015 Listed for sale $80,000 +471.4%
>5/19/1999 Sold $14,000 --
lmao
now imagine the same houses in another 20 years
imagine literally anyone house you can get for 400k right now in 20 years
we're so fucked
Japan doesn’t allow immigration.
The unoccupied houses in Japan are in poor areas with no jobs, kind of like Detroit.
You could buy a house on a minimum wage income in the 90s?
You realize that the 90k was most likely the price of the empty lot.
I can overpower any Japanese shitter. maybe I should move.
>implying that something changed
houses were more affordable compared to these days for sure
You could get pretty close to it user
This.
That is their goal.
When boomers die the house bubble will start to crash. There are way too many apartment buildings being built. It's going to crash hard just wait
>when boomers die
They arent getting out of their mess that easily. When they all start collecting their retirement savings at once they will see it start to crash, followed by a mad dash to withdraw. Their extra luxuries such as classic cars, boats, and vacation homes will be sold next. Once selling their extra homes lose value we will see real estate crash across the board.
Poor areas in Japan are still nicer than many places in the world.
No, they are not in the nigger infested hoods.
It's coming. $ 250.000 for a year in the nursing home or die 10 years sooner trapped n your own feces. Get ready you old fucks.
i'm okay with this. i just want a normal house. 2BR ranch with a basement and a garage. why do i have to pay fucking 200k for this in a non shithole area?
Do you live outside?
bagholder cope
The lot is likely still empty, the pictures of the house look cgi.
>get ready you old fucks
>implying you will not be an old fuck one day
>YFW people will be posting the same shit about you when you're an old fuck
Am I a retard for prefering renting?
No you're not. You can get up and leave at the end of a lease. Home owners have to either sell their shit or buy another home in order to get up and leave. The choice is yours.
yes
>have to wait until the end of lease or pay hefty fee
>can sell a house anytime you want
retard
>or pay hefty fee
>can sell a house anytime you want
What is housing market? What is waiting for a buyer?
Fucking retard
it's your fault for having shitty boomers. My boomers are rich and own multiple houses and when they die (soon) it will all be mine
Then don't price it high you dumb cretin.
Standard rental leases are 12 months. If are stuck for 12 months and if you want to move at anytime you are on the hook for the remaining lease. The only thing worse than paying rent and getting nothing back when you move out, is having to buyout your lease and not evening living there.
>then don't price it high
What an ignorant, retarded response. You don't even know what the fuck a housing market is, user.
>If are stuck for 12 months
>why won't these damn millienials buy muh house?
Also, nice reddit spacing faggot.
Dude, that house is in one of the most primo locations in the entire country. Wash Park is a based, white neighborhood just a mile from the university with a one of Denver's most picturesque parks literally next door. The price is justified, the poors can leave.
You don't even understand how a market works, you dense faggot
Consider Denver's growth in the last 25 years - they were early adopters, Denver had little white-collar industry then. Now every wook and pajeet wants to live in Denver and work a 6-figure tech job or grow weed, it's a saturated market.
See
That's what sublets are for retard, and it's way easier to find someone to sublet your apartment for 6 months than finding a buyer and paying title and realtor fees
>you don't even understand how a market works
>can sell a house anytime you want
Heed your own advice, retard
subletting is at the description of your landlord, and you are responsible for any damages by the subletters.
Yea, smart idea retard.
And the average house sits on the market for 60 days.The ones that extend beyond that are usually not priced well.
>realtor and title fees
drops in the bucket compared to the penalties for breaking a lease.
kys.
>muh jobs
Live off the land dumb ass
I will make my money and then move away from places that are ‘good for work’ (metropolitan shitholes).
lillicrapchilcott.com
This price will get you an average 3 bed flat in the foreigner riddled shithole that is London.
>still doesn't address the cycle of the housing market itself
>kys
>getting this frustrated that you are defending a shitty position (houses)
>you are responsible for any damages
>implying user's gonna sublet to literal niggers
Was I responding you? No.
>still doesn't address the cycle of the housing market itself
Doesn't change the fact that you can literally list and sell a house at any time period, day week, month you want to. With a lease you are stuck in that lease until it ends.
Cycles don't matter. If you are a retard and bought high, that's beside the point.
>With a lease you are stuck in that lease until it ends
A few months is a long time to your impatient ass I see. But who was subletting? You can literally get up and leave at anytime through apartments as well you raging autist.
Yes, you are literally throwing away money.
>japan
>poor areas
The equivalent of America’s finest suburbs. I listened to a piece on NPR the other day about old people who pull knives on people just so they can go to prison because it’s fun and they don’t need to pay for their living expenses.
Do you own a house yourself, user?
Old people where? Japanese old people or America old people? Because I doubt either prisons are very comfy or fun. Japanese prisons are massively authoritarian uncomfortable slave camps and American prisons are insanely dangerous because the inmates are completely unhinged.
Japanese.
Japanese people like what you call authoritarianism (which they refer to as “structure”). It’s culturally inbred. Prison is like their version of CrossFit.
Colorado's starting to look like the next California. I can't find any justification to leave New England anymore.