Starter Homes

how much is that starter home? how much are yearly property taxes on these starter homes? are they in hoa?

right next to Jamal

This is why.
In the past, a poor bachelor or starting out couple could buy a small house with a modest loan in an ALL WHITE area and be reasonably safe, but now those areas are ALL infested with niggers and other assorted brown trash.
That's why the jews pushed so hard for "desegregation" in housing. Now, living in a SAFE (all white) area is a luxury that poor people can't afford anymore.
Niggers really are the orc armies of the jews, and one of their primary functions is to destroy safety and jack up housing prices so only (((landlords))) can afford to actually buy housing.

starter home: $275k 50 years old, 1200 sq feet with 3 bed and 1 bath. shitty neighborhood you wouldn't want your kids playing in
actual house someone wants: $375k, 20 years old, 2400 sq feet 4 bed 2-3 bath. much better neighborhood

if the starter homes were half the price they are selling for you might have an actual argument

Starter homes don't even exist any more. The house can be 100+ years old, doesn't meet any expectations, has lots of maintenance that conveniently didn't affect the landlord holding onto it and flipping it when the value skyrocketed 10x what it's worth and somehow they kept quiet about the £1000+ fee-fi-fo-fum's that you will be expected to pay once you move in.

This thing is a millionaire's hamster wheel that will break the moment you step inside and within a month it will belong to Jewsteinberg when you either run out of money, patience or get stabbed by some wog next door or die from a bed bug infestation due to Mohammad's frequent travels to Iran selling secrets and spreading Sharia law nearby so all the women are ugly letterboxes that want you and your family dead.

Starter home? It's a fucking death trap and don't you know it.

old houses are bad

Anything built after 1976 is trash, you retard.

I have a small 100 year old house, 2 bed 1 bed house with a .10 acre yard. It has a handful of downsides but no blacks. I bought in 2018 for $65k. It's a great house for what it is and serves me perfectly. Nobody wanted a house like this in 2018 cause muh 8' ceilings.

Mine needs a remodel but equally shitty houses in town are now listed for $250k. At $250k it just serves nobody. Its too expensive for poors and too shitty for anyone with money.

In my head its fairly worth $120. With $10k down you would have a $1200 mortgage and could make sense. High end $160k.

$275k 50 years old

needs foundation repair, new roof, new plumbing, new electrical for only 300k

I enjoy browsing old ranch houses that haven't been updated since the 70s-90s, it's comfy and the prices are reasonable.

No one wants to buy a multi-family unit where you're forced to share a wall with someone like you live under communism.
The solution is so sell single family homes but kikes hate that and don't want you to have them.

That doesn't work anymore. We sold our home in Florida to an investment firm in August & its still on the market even after price drops.

Nice area too, all brick, pool, etc.

ugh that motif is so boomer and ugly

i avoided the starter home meme

now i can rent out all the extra rooms or let guests stay in them or just sleep in a different room each night for the hell of it if i don't feel like having people around

starter homes

Probably because all the homes that were considered starter homes for boomers and gen x are over 600,000 dollars, and the mortgages won't accept less than a 30% down payment and charge so much interest you'll have bought the house twice by the time you've paid it off.

Because only a retired boomer sitting of decades worth of saving can afford that starter home.

Because we grew up and moved to different homes all the time if born at 2000. Furthermore the 80s generation moved around once they experienced the American dream. But then we discovered there was a debt that needed to be paid. And America is suddenly the breadwinner. I prefer my small hut actually. As do many of us.

yea let me invest in a neighborhood filled with brown people. take my money

Do they even build simple, small, no frills houses anymore?

How much

Made for big black cows

millenials

nigger no shit we're 40 and still have never lived in a house that wasn't our parents

One of my aunts called my house a decent starter home when I bought it in 2014. I have no idea wtf a starter home even means but it seemed pretty offensive. My house is 3/2 with a big lot and she's lived in the same half double for fifty years.

starter home

that will be $400k+tip

That doesn't work anymore. We sold our home in Florida to an investment firm

???
Thats literally what the other poster said

because the price-to-salary ratio of housing has more than quadrupled since boomers were buying their first properties
because on top of that, real salaries have either remained the same or lowered since then and haven't beat inflation (and this is using the cucked government inflation stats, let alone actually accurate inflation stats)
because on top of that, taxes are higher and include new taxes (such as GST)
because on top of that, the cost of living is higher and has also outstripped inflation
because on top of that, the demographics of western nations have been significantly changed in less than half a lifetime by importing millions of people from foreign lands who have no intention of integrating, and demonstrably make the country less safe

This. I think we're expected to move to more affordable states/provinces. 1) leave everyone you know behind, bad enough but I get that's the game and how it's been for generations, 2) find new job in a new state that can cover obscene mortgage, all of which will be highly competitive or require training or pricey education. Rigged game. Exceptionally talented or well educated or hard working people or guys who've inherited substantial $ might be able to make it work, but the average guy of both generations, and in particular the average guy who posts here has almost no shot without biting the trailer bullet. Renting is the only sensible option.

starting a mortgage during a housing bubble

huh, maybe the idea that people are entitled to sell their home for more than they bought it for (inflation adjusted) is fucking retarded.

Oh, and they're ALL Trashed

flipper specials that need a fuckton of $ to undo all the retarded shit jose and paco did that isn't up to code

hasn't been flipper special'd, still has all the old original fire trap mickey mouse wiring that was done back in the 50's and lead pipes

has been neglected by the silent gen/boomer owner so it needs a new roof, foundation repairs, new windows, the walls, ceilings, and floor are full of mold from the old ass failing roof/pipes, etc

your neighbours are shitskins, niggers, or junkies who's squalor and littering attracts endless rodents and bugs and wild animals

constant casings and break ins from said shitskin/junky/squatter neighbours

the neighbourhood is so unsafe your kids can't play outside and your wife (if you can even find one) can't even garden safely without getting caught up in some stupid fucking gangland shooting or stabbing/robbery.

if it had squatters in it at some point there's a good chance most of the inside has been gutted and trashed to dig out any copper wires and pipes inside, so you have to rewire and replumb the place (multiple times if they come back) redo insulation, and put new sheetrock/OSB/plaster/etc up

if its a condo or HOA you may also have to pay to have a (((licensed and approved))) contractor do all the work, and have to accept inspections from the board AND the municipality, paid for out of your pocket, and done to the standard the HOA/Condo sets for their community

too much sun fries your brain

t. brainfried floridaman

We've been waiting for the "bubble" to pop for more than 45 years

The only reason it popped in the US was because the market was too large to keep it propped up - in smaller countries like Australia they just keep importing foreigners who'll combine 5 households to purchase a 2 bedroom property, or find a rich foreigner who will buy a property without ever setting foot in the country just to launder their ill-gotten money from back home

Hell, the "housing collapse" in the US wasn't even a proper collapse if you look at how much it has recovered already

I'm pretty much at the point where despite working full time once I have to move out of my current place with extended family I'm probably just going to have to suck it up and convert a van or a small bus into a livable space, because affordable housing no longer exists here and all our political parties want more immigration to keep housing prices/demand jacked while putting downward pressure on wages.

It's not that house prices have doubled its that our currency is worth half of what it was

because they cost $500,000 and require an additional $500,000 of renovations.

Why buy a "starter" home if you don't have and can never have children? (((Real estate))) is the most evil thing to have ever existed, homes are not meant to be for sale, they are meant for families to live in. Fuck the (((economy))).

It's all fucked especially if you're single & friends aren't & working constantly & time's passing like a speed demon. Have to bite every bullet imaginable which in turn makes it harder to get laid which in turn makes you a virgin after a while. 1 thing in Italy where families work differently than over here. Think they breastfeed into their 20s sometimes, that's what I heard at least. We're a lost generation economically. It's over.

When you account for people who are unemployed, disabled, or drawing social security about 80% of the US lives on $50k a year or less. Housing is a speculative asset mostly held by investment firms and boomers who got them decades ago. There is actually a rise in luxury apartments explicitly because those few middle upper class professionals that exist would rather rent than eat a quarter million dollar loan. Home prices are more driven by competition between speculative holders than people who actually live in them at this point.

This is commie gobbledegook though and young people should just learn a trade where they work out of state welding culverts and visit their home a couple days a month. Everything is great if you work hard enough.

Nobody was actually punished last time the bubble popped, they even got bailed out, so they just did the same shit again and have continued ever since.

starter home

I can't even fathom how retarded that concept is. I bought my own home together with my wife at 34. Planned by an architect completely after our wishes. Why the fuck would anyone spend money on some rundown shack that has had countless inhabitants, maybe even Albanians, only to later move to a bigger house?

I don't know Australia, Actual Greatest Ally.
I just know our bubble popped in 2008 and reinflated soon afterward to even greater levels.

This society is so fucking evil and kiked its honestly insane to me theres not a mass shooting every single day

Heard some kind of TED talk back in 2017 about how millennials won't be able to safely enter the housing market until baby boomers are gone. So for a lot of us it will be around the time we're in our mid 40s if not 50s for the older millennials.

I want to point out to the people here that we're on one of the most far right places on the internet and there's universal disappointment with labor and living conditions for even us. But what you find is that these positions are almost exclusively held by the far left.

Fascism was largely successful because they bucked economic liberalism by saying "the free market is fucking us over" and directly intervened in the economy for the sake of the people. This is the foundation of the strongest economies of the 20th century(New Deal recovery, East Asian Tiger economies, dirigisme, Nordic welfare states, Chinese liberalization). A lot of the economic malaise of the 21st century has been globalist deregulation and stripping of those foundations because its good for speculative oligarchs.

If the right wing were to mix outrage at shit like this AND anti-immigration, it would be overwhelmingly successful especially with everyone under 45.

Everyone is talking about housing prices, but my biggest hang up is the usurious mortgage. On a 329k house at 3.99% (the best of interest rates) you end up paying 750k total. Who tf wants to slave away so some Jew banker can buy a house with your interest?
US law defined usury as anything over 29.99%, but for some reason banks selling mortgage are allowed to do some fucking jew math and offer loans with >100% interest and call it 3.99%
Fucking sickens me. If they structured the loan so you pay equal principal and interest every single month, a lot of eyebrows would be raised when people realize over half of what they pay every month is interest on the loan. The middle class is still just the slave class with extra perks

Exactly correct. Looked at the former, ended up buying one of the latter.
An additional problem is that EVERY house under 275k will have several boomers and real estate holding companies bidding up the initial offer so they can rent the fucking place out

Meanwhile, somehow newly built Deano shitboxes are sold at just insane prices that even a couple with two wages struggles to afford, even with the mandated wog housing in the middle of the street.

ugh that motif is so boomer and ugly

No it isn't, that's the living room and I don't see a single television anywhere. That house is boomer kryptonite.

If the right wing were to mix outrage at shit like this AND anti-immigration, it would be overwhelmingly successful especially with everyone under 45.

This is why (((they))) hate "Nazis" so much, and why (((they))) never use their actual name NSDAP: NATIONAL(ist) SOCIALIST German WORKER'S Party.

So you're paying 1600€ a month for the next 30 years and your wife will leave with the kids in half of quarter of that time?

Then dont buy one, the Ramirez family will gladly buy a used one.

The midwest is full of them, you will have to adjust your coastal elite expectations to live there though.

We've been waiting for the "bubble" to pop for more than 45 years

This isn't an issue of economics, but practicality. The reason the bubble has taken so long is because the average Joe was doing well enough that life could go on even with the bubble.

The gravy train dies when the market inflates to the point that it prices itself out of existence. That's the real "pop," and by that standard, it's already begun to burst, because Millenials aren't buying homes even though they should be, and Gen Z sure as shit aren't.

You can keep a fake inflated system running for a long time, provided you can tightly oversee and control the process. The monopoly kikes have on diamonds via DeBeers and Israel is one example of that. But the housing market isn't being nearly so well-regulated, so the burst is going to happen.

Either the market resets itself with a crash, or the government does something absolutely deranged like literally giving away all of the landed property to niggers to try and shuffle the board. Which would cause crashes somewhere else, might not work, and risks provoking a collapse of society in general.