will you ever own a home?
Will you ever own a home?
Goldbugs are fucking retarded
I already do.
You can afford a home OP
i don't want to own a home, i want to watch every jew burn
show average income in that area, jew.
do americans really?
some random knee grow could easily punch a hole through that cardboard wall and steal all your shit while you're away.
you're not angry enough
Have several houses that rent.
Beats wage slaving for bucks.
Doubt it
I own 2. Thanks for asking.
I have 500k in crypto right now, if i cash it out, i'll be taxed.
The question is, wouldn't make more sense for me to remain in crypto for the next 5-10 years, so when this 500k is like 10-15 million, i can then cash out some and buy a house in cash?
Im only asking this because I believe crypto will still dramatically outpace house prices in the next 10-15 years, by a lot
Too poor to afford a home
Doesn't want to live in an area where people are as poor as him
Ever consider that the people in nice neighborhood don't want to live around you either?
Muh cardboard
Here we go. Like clockwork so brownoid third worlder living in a cinder block favela comes to tell us about construction materials. The house was built in 1900 and it's still standing fine.
yes (because my country didn't decide to inflate a fuckhuge real estate bubble)
I could never afford one in the US though, I feel sorry for Americans
Yeah, but I'll have to inherit it from my boomer mother.
Capitalism is a jewish scam which runs on perpetual geometric expansion of the fiat currency supply and inevitably periodically fails through either hyperinflation or massive depression and cancellation of large swaths of the fiat currency supply, where the working class have their fiat savings cancelled in bank "failures" or "bail-ins", like in the Cyprus banking crisis.
Capitalism cannot afford to purchase its own aggregate internal production at a price which it is profitable to produce that output at, unless the money needed to constitute the profits is continually added to the system, such as by creating fiat currency (or more of it than is already in existence) or allowing counterfeiting or debasing of sound money such as silver coins, such as by reducing the purity or the weight of the coins.
However, the fiat creation needs to be continuous to enable continued capitalist production and the rate at which new fiat is created needs to accelerate (the growth needs to be geometric) or the rate of expansion of the fiat currency supply gradually approaches 0% of the already existing amount over time, as the supply grows, and so does the average possible rate of profit. Expanding the fiat supply from $10 trillion to $11 trillion within a year is a yearly growth of 10% but expanding it further, from $11 trillion to $12 trillion in the subsequent year is only a growth of 9.(09)%. For the fiat supply to grow another 10% in the second year, it needs to grow from $11 trillion to $12.1 trillion instead of just $12 trillion.
GDP is not economic activity but the estimated and inferred rate of spending of fiat per year.
Inflation, including due to scarcity - which forces people to spend their fiat savings into circulation, inflates the GDP. Deflation, including due to abundance, contracts the GDP.
Fiat currency is not wealth but merely claims on wealth.
Wealth is what you spend fiat currency on, not fiat currency itself.
Capitalism is not a closed loop or system.
Further increasing the pressure to print more and ever faster is the propensity of a large part of the population and also some corporations and businesses to NOT spend all the fiat currency they receive as wages, dividends, rents, royalties or payments for goods sold or services rendered as soon as they receive said fiat currency. And instead electing to sit on part of their income as fiat currency savings in a bank. Which parks that fiat currency out of circulation, at least for a while, and thus contracts the circulating supply of fiat currency by expanding the parked supply of fiat currency. Which, in turn, makes it necessary for new fiat currency to be created and injected into circulation (by giving it to people and businesses who don't have fiat currency they would nevertheless like to spend and are willing to borrow it from a bank in order to spend it) to replace, in circulation, the fiat currency which has been parked, out of circulation, by people and business who keep at least part of their savings as fiat currency in a bank.
Yet another intrinsic, fundamental, systemic problem of the capitalist model is that fiat currency flows within it are uneven and asymmetric. For example, people pay more to businesses as payment for their goods or services than people receive back from businesses as wages, dividends, rent or royalties. This is because ALL businesses have at least expenses towards other businesses, such as suppliers and subcontractors, utilities companies. This means that people, as a whole and as a class of economic agent, pay more, on average, to businesses, as a whole and as a class of economic agent, than businesses pay back to people as wages, dividends, rent or royalties. The difference has to be perpetually made up from and through consumer credit. Which is people constantly borrowing money to make up the shortfall/discrepancy between what they need to pay for goods and services they need or want and what they themselves are paid.
Cash out enough to pay off any credit card debt you might have and let the rest ride while diversifying like half of it slowly into stocks and precious metals.
There are 2 types of fiat currency:
1. Physical cash and coins printed, minted or coined by the central banks (or for them by private businesses under exclusivity contracts with the central banks).
2. Money of account. This is fictional cash and coins which don't exist physically and are just promises to pay cash or coins, in the same nominal amount, to the holder, on demand. They exist on the ledgers of the banking system.
Banks have been granted the right to "legally" deceive the entirety of society that the second type of fiat currency is the same as the first or that it doesn't exist, with the implication being that the second type of fiat currency is actually the first type when it really isn't. The proof that these two are not the same type of fiat currency, and also the proof that there is *A LOT* more of the second type in existence than the first, is that banks can run out of the first type of fiat currency to honour "withdrawal" requests against the second type, by depositors who think they're the same thing, and to avoid that happening, there are laws on the books in every country to force private individuals and businesses to store their physical fiat currency notes and coins, above a meagre amount, in banks and thus only use the second type of fiat currency for their larger transactions. In addition to this, convenience and online purchases ensure that most people prefer the second type of fiat currency.
While only central banks control the creation and issuance into circulation in the economy of the first type of fiat currency, any non-central bank anywhere can issue more of the second type of fiat currency into circulation. They do this by pretending to "lend" the first type of fiat currency to willing borrowers. But in actual fact, they just create more of the second type of fiat currency when they approve the "loan" (which is actually credit and not a loan) and issue it to the borrower. Or a credit card holder pays for something with it.
When you go to the bank or the ATM to withdraw cash, you're actually asking to have your fictional cash and coins, which only exist as digits on the digital ledger of your bank, exchanged for physical cash and coins.
Regardless of your opinion on central banks, all non-central banking is legalised fraud because non-central banks issue (create and introduce into circulation) fictional cash and coins by pretending to "lend" it to willing borrowers, who then spend it into the economy, and lying to everyone in society that that fictional cash and coins actually physically exists or is backed by existing physical cash and coins in the same actual amount. Not the case. And this is all somehow ((("legal"))) because jews lying to non-jews and deceiving them and robbing them is perfectly fine as far as jews are concerned.
However, although most banks, in most places, will allow you to exchange your fictional fiat currency notes and coins for physical fiat currency notes and coins, they will put a daily limit on how much of the first type of fiat currency you can exchange for the latter. Or, if you want to exchange large amounts, they'll make you schedule the withdrawal days to weeks in advance. And in some of the most pozzed and jewed jew world order shitholes, which are the 5 eyes countries, banks are starting to outright refuse to allow you to withdraw your cash (actually exchange your fictional cash and coins for physical ones) as steps are being taken to get rid of cash altogether there.
Without cash, bank runs aren't possible because there is no physical cash and coins you can request to have your fictional cash and coins exchanged for when you try and "withdraw" some of your cash you think exists in the bank vault. With bank runs being impossible, every non-central bank becomes its own central bank, with no limit on digital fiat currency creation. Especially combined with de facto or (in the case of the US, de jure since 2020) zero reserve requirements.
being this buttmad
what is hyperhole
idgaf if its been standing for 100+ years, one angry nigger with a match and some oil or some drunk retard crashes into it and it's coming down and not to mention hurracaines/tornados.
Gonna be lit af watching boomers in 10 years hitting where their parents were 10-20 years ago, that stage of old age where you increasingly can't take care of yourself and NEED your kids. But the majority of boomers are dogshit awful parents, and unlike the GI gen didn't create an era of prosperity so they could dunk on their kids about how hard their worked- they just scream 'i'M A HARD WORKER' into the void like anyone gives a fuck if you did spreadsheets in excel from 1983 to 2022 before retiring to reap the benefits of the next 3 generations and the massive amounts you printed for yourself.
So much boomer screeching.
Really depends what you're holding if Crypto means something like Bitcoin or XMR that will generally trend upwards over time, or something like Pepecoin or Chainlink that might have one good pump left in it before it dumps 5ever.
Nigger, sit down. Cardboard and plywood are not respectable or dignified building materials, no matter how assmad you are.
Also, you're now building them out of styrofoam, you pathetic cuck.
youtube.com
Now do median home price vs S&P500 index level. The chart really just shows how terrible of an investment real estate is on its own. You(r parents) had decades to prepare you for homeownership
most homes for sale are complete fucking dumps. built brand new for boomers, same ass house reselling for a million
dont
buy
the
bag
I was just pretending to be retarded
Nigger shut the fuck up and take your third world opinions back with you. Don't you have a Spanish speaking Internet to shit up? Why must I be subject to third world retards that can't even be bothered to hop the border?
I'm not going to take architectural opinions from some faggot gypsy that lives in one of these.
My parents gave me one
I don’t tell anyone irl. I learned the hard way that if you tell people things that are fortunate they get really angry and sometimes try to gaslight you into thinking it’s a bad thing
Illinois
Hurricanes and tornadoes
Stay home, retard.
I got $150k and I'm trying to find a place for that on a few acres so I'll never have a monthly payment again, it hasn't been easy.
They are called niggers spic and they fucking love Hitler.
I will never even own a single inch of land
I will die in this life having never owned even a single inch of land unless I murder the golems and take it by force
The thing I wanted most was to be a husband and then a father. WELP!
Not from not trying...they just made sure that I was not going to be the one chosen to receive any reward for my labors.
No matter how hard I tried, how hard I worked at a job, how much blood sweat and tears I gave, how many hours, they made sure to destroy any chance for me to succeed through hard work. I am so stubborn and not the brightest so it took me a very long time of absolutely smashing my face into the wall religiously trying with enthusiasm still believing the dream before I learned to just give up completely. Hope is for children and women, cold reality is my mistress now. And truth is more comforting.
Sabotaged by boomers, but I have accepted it and will let their third world fighting age male replacements take my place. I refuse to contribute in any way, only waiting quietly biding my time to throw gas onto the next fiery but peaceful protest...but we will leave it at that.
My own neoliberal father voted to mass replace me with brown fighting age third world males if it makes any difference.
His religious right conservative brother fucks me from the other end by also openly supporting tens of millions of brown third world fighting age males flooding into the country (in the name of Jesus and stock dividends) while at the same time mass exporting all manufacturing to bugmen chinks. His career...was literally to sell American christian workers jobs overseas to atheist communist bugmen.
There is no shelter from the boomer menace. The front line is everywhere.
I tried at least.
Fuck Stoicism, Diogenes was right fuck em all
Keep the land and the home shove it up your boomer asshole
At this point I want revenge
what are you even talking about? did you forget to take your meds? It's funny how absolute morons like you think you can rile anyone up with racism on Anon Babble of all places kek you're mentally ill
american education
Tornadoes in the U.S. state of Illinois are common, with 3,214 tornadoes occurring within state boundaries since 1950. These tornadoes have collectively resulted in 235 deaths.
Within state boundaries
Again. Stay home. Illinois is a big state and the tornadoes don't happen in cities because there's too much elevation.
I know you joke but unironically if you try moving into a nigger neighbourhood as a white you will get tortured to death
Also even if I grant you a tornado in the center of the city you would much rather be in a wooden structure in that case rather than having heavy ass brick walls collapsing in and killing you. But again. Enjoy your cinder block home and malaria.
My brother moved into a nigger neighborhood in Madison WI with his band because they were broke and retarded. Allied drive, and they never had any problems but this was pre Obama.
Owning a home, the payment, is cheaper than rent.
So tired of you lame, neutered faggots whining. Do something about it or shut the fuck up, you complete pussies.
you
It may not be gold, but money has to be indexed to a commodity more tangible than holocaust trauma there Rabbi
I am not sure if it helps, but I do not even think most niggers possess the mental faculties to actually be racist other than the immediate sight of skin color.
They cannot analyze a different culture and create a cross comparison analyses of the different features, aspects, nuances, vocabulary, trends, fashions, styles, diet, inventions,history, recreations, religions...
.They cannot even comprehend basic mathematical ratios like per capita.
In black society violence is extremely common so when a black attacks a white it is usually because they perceive the white as a target that is easy to attack, and white people that are in those situations unknowingly generally ...are. They relaxed.
White people are so shocked and horrified by the violence because it is so unusual for it to occur in white societies that we think the niggers are solely attacking whitey, when in reality its a horrid nigger meat grinder blender and anything you throw in there is going to get chewed up, especially a foreign bright shiny color or a white woman who just happened to be in the way which is ideally the extent that nigger "racism" against whites extends.
Easy targets. Easy prey. Jealousy. Gibs Me Dats.
I don't even think they are smart enough to be nepotistic like the street shitting dot heads or the kikes. The crab bucket mentality is like a step on the ladder of civilization advancement.
Nepotism isn't good, but it is step above being too low of an average I.Q. to collectively organize. You cant extend out past your in group if you never have one to begin with.
Blacks would wake up the next day and forget they were supposed to be racist.
Its disheartening to think that niggers will never ascend to the level of a bugman chink using google translate to say George Herbert Walker Bush is a pig disgusting and ask if I want a pizza or a hamburger and call me a goblin mutt and talk trash about my temple of worship McDonald's (praise be the dollar menu)
happy for you anon