Why aren't millennials owning real estate?

Better to start a business at 30-35 than invest in real estate

Because I refuse to buy a house in northern Virginia.

#1: I can afford a house: I just cant justify spending $300,000+ on a two bedroom house built in the 1970s surrounded by non-whites.

#2: I have no friends or family in the area. My existence literally consists of going to work, coming home, tending my hidden garden outside my apartment, drinking, training in gym for civil war 2.0, buying weapons/ammo, playing video games, and lurking/posting here.

#3: Civil War breaks out here I'm fucked, majority non-white population will quickly turn my situation into Doom on nightmare mode.

I'm very despirate to get home/the fuck out of NOVA. I'm on the verge/going to start undermining my living situation so that I'll be forced to leave.

Sometimes you have to do something radical to get what you want in life.

Any suggestions/input?

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>Why aren't millennials owning real estate?
Because the economy is busted and they can't fucking afford it? College costs as much as a fucking house!
Are you fucking stupid? Are you blind? Are you retarded? Why do you ask stupid questions?

more on #1: Why spend $300K here for shit when I can get a kick ass borderline mansion in the South where I can be around family on top of everything else.

Sorry fedbro, my plan only seats one. Maybe 2 or 3

because the median house price is over half a million dollars in my country and wages are extremely low because companies don't think workers should be compensated fairly for their labor

because housing supply is at crisis levels and most of the ones that do exist are piles of garbage

because China owns most of them now and most peoples down payments just get sucked up in rental payments, further shutting them out of the market

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That’s a nice home. How much, how big and where?

Just don't take out a loan poorfag, lmao

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I’m going to go exploit nature using my years of training in various physical sciences. Someday I’d like to own a riverboat casino and just be a great host to the friendly people in MN

They don't need a house, they have no family and are too busy with materialistic things.

Actually, take out the biggest loan you can

I'm 32 and own a house. Well, mortgaged. And it's more of a cottage, 1100 square feet. And it's a fixer upper, probably take a few years before everything is up to snuff

>Someday I’d like to own a riverboat casino
Godspeed

>Millennials are beautiful people
They are willing to sacrifice their own futures for the future of browns from other countries

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If you get a house, you better hope niggers don't move into your neighborhood or it defeats the purpose.

Op is a autistic ape-man degenerate boomer-brained retard.
I work in real estate, and I deal with billion-dollar portfolios all day long. Buying and owning a home is one of the most retarded things you can do, bar none.

>1. Rental rates generate around 5% NOI per dollar spent in any decently attractive multifamily building in any non-nigger area of the USA.
>2. Operating costs are usually around 50% of gross. This means that the gross rent charged is equal to 10% of MARKET VALUE of the unit being rented, but covers every single property expense.
>3. This does NOT include opportunity cost of the owner's investment and the Cost of Capital of taking loans to pay for the property.
>4. If you take into account interest rates and time value of money, you are effectively losing money until you sell the piece of shit, assuming you act like a penny-guzzling megakike.
>5. THESE NUMBERS ARE PRETTY MUCH EQUIVALENT TO WHOLESALE PRICES! FUCKTARD BOOMERS LIKE YOU GET AROUND 2-3% EFFECTIVE RETURN ON SINGLE FAMILY/CONDOS.

The ONLY REASON TO EVER OWN PROPERTY is if you are rich, have high cashflow that needs to be diversified, are looking for a tax shelter, are using other people's money and want to take on huge risks for personal reward and/or have ECONOMIES OF SCALE to make a profit off of your informational, capital and management advantages over someone else.
If you are a fucking evil kike and your cousin morty schmeklestein illegally tells you google is going to need an office building before it is public knowledge, you go and buy the building they want beforehand, and your cousin hooks you up with the lease... and then you get your other cousin who owns a real estate fund to buy your shitty building for a 50% profit flip in a year.
Buying a single family/condo unit is like walking into DeBeers and asking for a wedding ring. The only people who do it are desperate retards looking to get laid.

Op is a autistic ape-man degenerate boomer-brained retard.
I work in real estate, and I deal with billion-dollar portfolios all day long. Buying and owning a home is one of the most retarded things you can do, bar none.

>1. Rental rates generate around 5% NOI per dollar spent in any decently attractive multifamily building in any non-nigger area of the USA.
>2. Operating costs are usually around 50% of gross. This means that the gross rent charged is equal to 10% of MARKET VALUE of the unit being rented, but covers every single property expense.
>3. This does NOT include opportunity cost of the owner's investment and the Cost of Capital of taking loans to pay for the property.
>4. If you take into account interest rates and time value of money, you are effectively losing money until you sell the piece of shit, assuming you act like a penny-guzzling megakike.
>5. THESE NUMBERS ARE PRETTY MUCH EQUIVALENT TO WHOLESALE PRICES! FUCKTARD BOOMERS LIKE YOU GET AROUND 2-3% EFFECTIVE RETURN ON SINGLE FAMILY/CONDOS.

The ONLY REASON TO EVER OWN PROPERTY is if you are rich, have high cashflow that needs to be diversified, are looking for a tax shelter, are using other people's money and want to take on huge risks for personal reward and/or have ECONOMIES OF SCALE to make a profit off of your informational, capital and management advantages over someone else.
If you are a fucking evil kike and your cousin morty schmeklestein illegally tells you google is going to need an office building before it is public knowledge, you go and buy the building they want beforehand, and your cousin hooks you up with the lease... and then you get your other cousin who owns a real estate fund to buy your shitty building for a 50% profit flip in a year.
Buying a single family/condo unit is like walking into DeBeers and asking for a wedding ring. The only people who do it are desperate retards looking to get laid.

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The Rothschilds stole all of my nation's gold and gave it to Yahweh

Then don't go to an expensive college, dumbfuck

Don't overbuy into a home you can't afford

I only make 50k a year and paid off my student loans, car and got into a condo within 2 years. Not that hard if you aren't a fuckhead with your money and live within your means, but everyone is an impulsive gibsmedat in our society.

move to the country faggot, niggers dont move any where where they have to fend for themselves