Powerful. get that EBT son!

Powerful. get that EBT son!

TWO MILLION DOLLARYDOOS FOR THAT?

imagine spending 2 mil to live in a car shed

its considered low here in the PNW and in LA too... fml.

California's housing market is artificial. Google, facebook, twitter, uber, and faggot companies like that own over 50% of homes in California.

Yeah 50k to live in a town of 1,133 that is literally in the middle of nowhere, no stores, schools, nothing.

girl I was seeing got "the ick" when she found out my "six figs" was only $108,500 a year

How do I cope, brehs?

freaking palace, seattle is nowehere near as expensive as california and this is what you get for 2m here

did someone die there or something?

I'm waiting for you to tell me a downside.

girl I was seeing got "the ick"

sounds like you lucked out

Is that a single or double wide? :)

all of that rot

All you're buying for 50k is a plot of land a trash heap. That thing doesn't look liveable

I paid double to live in a town smaller than that
I haven't seen a nigger in years

That looks like a money pit.

Worth living in California, California is high status and is the place to be if you are a chad to get with hottest women and network with other giga chads to make millions of dollars.

t. California chad, currently in Vancouver for business

Why are American homes so huge? My 3/2 house is 1300 square feet.

double wide of course, even in this area we don't pay more than 1.5M for a single

building/zoning codes prevent small homes in a lot of places

I just checked on that listing.
It looks like one of those flipper houses with the stupid fake wood floor and grey everywhere.
Sold in 2016 for $675k
Last sold in 2018 for $1335k, then rented for $4k/month. That's a INSANE price hike.
So this landlord probably spent 6 months overall on a remodel (sold Feb 2018, listed June 2018), finally got a renter in August2018
Listed again for rent in Jun 2020 for $4300, and finally for sale this month.
Tax of $10k/yr.
So, we're talking about an owner who has collected probably about 7x12-9=75 months of rent (~ 300k), lost $70k to propery tax, and claims that the building gained 650k in the meantime.
Landlords are scum, house flippers too, and local taxation, wtf. $1000/month gone to the gubmint too.

It is actually real estate banking corporations. They hold over 15 million homes completely vacant just to earn speculative profits. Millions of empty homes next to homeless tent cities, it's illegal for an actual human being to live in these homes built for human beings as banks own them.

This is what usury does to your society. Think about how absurd it is to live in a van while zionist bankers hold millions of empty homes and drip feed them to the public at insane prices for insane mortgages.

It does not make logical sense, it just makes billionaires richer.

Do you know what makes perfect sense?

Banning usury. Restores the American dream.

(((Status))), I am ever so grateful I am not a slimy kike like you. I would live out of a tent in the woods before I ever allowed myself to be degraded to the point of looking up to (((status))).

I don’t understand it. I mean, I do get that THERES scarcity and a lot of people want to live there so the prices are absurd but goddamn it I just cannot imagine paying nearly $2,000,000 for that little house.

ebt gives almost nothing. like $100/mo or something. a richie earning 6figs blows that much on lunch. fuck them. fuck the rich

glad you enjoyed, paying 600k for a double wide piece of shit in 2016 seems deranged, the fact that it is going for 4x more now is broken.

When you were growing up did you ever dream that you would make 750k a year so that you could afford a premanufactured home?

Landlords are scum, house flippers too

Well, if there wasn’t demand and willing purchasers they would go bankrupt but most of these homes seem to sell. They don’t sit vacant long.

Nope, I thought I'd be able to build a nice midwest 2000 sq ft brick ranch home like the one I grew up in.
Now that house is Zestimated at $550k, and I make $60k, never gonna happen.
This either happens or everything ends.

A small price to pay for being surrounded by civilized people.

If you are able to move you can find great deals out in the boonies but if your job doesn’t allow you to do so then I’m sorry, anon. The housing market is insane and I don’t have any idea how to fix it without destroying the economy entirely.

YOU'RE SO CLOSE TO GETTING IT.
You don't need to charge interest in the modern percentage sense.
Just charge a flat rate every month as a service fee for the life of the loan, such that 5 years into a 10-year loan, the borrower's principal is down to 50%.
Currently with a 30-year loan at 6%, you have only paid back 29% of the principal at the end of year 15. That's usury, especially because the bank expects you to sell by that time and they laugh at you for having effecticely rented the home from them at zero risk.

But whut about muh business loans

You can invest in a business without usury. Buy some percent of the company (giving the main owner a clause to buyback the shares at an agrees upon rate), and the business owes the lender some amount according to the revenue they take in.
But the lender should never be operating at near zero risk like today. They should be incentivized to help the business succeed, not collect monthly payments like the mob.

Just charge a flat rate every month as a service fee for the life of the loan, such that 5 years into a 10-year loan, the borrower's principal is down to 50%.

Has this ever been done in America? It’s an interesting idea.

i bought at $200 at 2 and 3/4 and now worth $400k. buy in a better market next time idiot.

What's the downside?

living in a $2M car shed is high status

The eternal leaf :D
Quality leaf post

Wouldn't you get something like a rising interest rate loan though in practice? I mean normally what happens is you pay off principal plus interest on the principal and the interest payment goes down over time as the principal goes down. But with a flat fee that's the same over the duration of the loan payments, you can get an extremely small fee in proportion to the remaining principal and then its relative size goes up.

I want to erect a small A-frame dwelling to live in on my own property. Where in the US can I do this and avoid building code pitfalls and annoying neighbors without being >1 hour from Walmart, Home Depot and a hospital?

It’s more or less how Sharia-compliant lending works, and that’s exactly the angle (((they))) would use to attack it if anyone ever tried to implement it

That's true, but that would only punish the borrower who pays off the loan early, which is not most buyers.
And paying early still benefits the borrower, just not as much.

whats the pitbull density of the neighborhood?

San Jose

near zero. It’s all chinks and jeets there. Spics are in the Fremont/San Leandro corridor and nigtopia extends from there to Richmond