Why arent millenials buying houses?

why arent millenials buying houses?

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Because me and my boomer friends bought them all.

expensive coffees and avocado toast

I am single and don't need a house

Try looking for houses in bumfuck Utah

Houses are hald a mil

Biggest employer is walmart

Millennial here
I got mine for free. My parents are rich
Hope that helps

Because they can't afford them retard.

millenials are buying or already bought houses, dunno what you're talking about. it's zoomers that can't afford anything

Capitalism is jewish. Socialism is jewish. Left and Right politics are jewish.

Maybe 10% of the population has 1 mil or more net worth and most of them are 50+, who is buying all of these?

No reason to right now, I am comfy renting half a duplex for less than the interest, taxes, maintenance would cost and don't need more space right now

It's too much of a hassle, you can't afford it unless you rent a room to someone or the garage. Fuck is the point of having your own home then

Bought all the jackass / viva la bam / wild boys DVDs. It’s funny stuff good for entertainment to watch with others

Because of slide threads (like this one)

asset management firms

I bought a house in 2023. It's a 3 bedroom, 2 bath with a front yard, back yard and attic. It's in the suburbs, so the commute to work takes about twenty minutes one-way, but there's an HOA here that keeps the niggers and poor people from moving in and ruining everything.

Worst April volume since 2009. You fags don't remember, but Q1 09 everyone thought the stock market was going to zero. Thankfully a hero appeared.

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Buying a house is an investment not a place to live in.

NPC mentality

I'm an 86 millennial. I bought my house in 2018 right before the market exploded. My house has gained over $250,000 in value since then. My mortgage is $1,100 a month even though my house has 3 bedrooms, 2 full baths, a garage, and a yard. I also have a 7-minute commute to work, and my wife has a 10-minute commute. Life feels good.

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we are going to after the balloon pops

It's the only explanation that they trade them like Yu-Gi-Oh cards

Franklin is known to be the home of many celebrities, primarily country music stars.

Buying a house is an investment not a place to live in.

You are comoletely fucking wrong, faggot. It IS a place to live. This jewjsh fuckin' mindset of house = investment is exactly why it's so bloody expensive in the firstplace these days.
I hope you get jumped by a pack of ferral niggers and get your head caved in.

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What's the point? It's too expensive for the mortgage, property tax, maintenance, etc.

Plus your bitch wife will steal your home in the divorce.

Still, is I have seen similar shit in my country with prices about 700-900k. Most people don't have that much net worth, especially to buy a house. To afford a 1 million dollar house you need like 2-3 million

Black Rock, Indians (not in America), Chinese (not in America).

Where do you live to get that deal?

No money. Houses cost too much.

I'm living with my pops and will buy one with cash when the market crashes as the rates rise.

The richest 1% of the world who immigrate from their shithole countries who own sweatshops or mines then trade their life of luxury for security as a middle class westerner.

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Look up the dudesons. Same genre but Finnish

why aren't millenials buying houses?

Houses prices doubled in 5 years.
Rates are way up compared to 5 years ago.
Costs of ownership are way up.
Job security is down.

Only idiots with zero ability to feel stress from foreseeable events are trying to buy houses right now. Anyone with a concept of stress and finances is waiting it out.

I saved up a few hundred grand in the last 8 years, and instead of buying a house I'm planning on opening a restaurant chain

but restaurants are doing poorly!

It's a fast serve concept that I haven't seen anyone try. It takes multiple business concepts and turns it into a coherent business model that could make me hundreds of millions

I already bought one. Am I supposed to buy more than one to help out the boomer bag holders?

market crashes as the rates rise

The market was supposed to crash after the rates rose, but it didn't. It was my plan, too, but it didn't happen.

I don't think it's rates that's going to correct the market. I think it will be unemployment rising, stocks falling, and boomers dying.

2% of the population own stocks
98% live pay check to paycheck

The system is rigged

Housing became an investment not a place to live

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Does it involve robotic "chefs"? I saw something about a restaurant in California that did that with burgers.

my mortgage on a slightly-better-than-starter-home could’ve got me a 5 or 6 bedroom mcmansion in a better city pre-covid.
I know this because I was pricing them out back then.

wife says

I wish we could afford this home!

Yeah? well they couldn’t afford our home.

I'm single and bought a 3 bedroom house. Just me and the doggo. Comfy.

I built mine

Blackstone.

No, it's AI generated goyslop that your spend NFTs to get through the blockchain

Don’t yet have 800 thousand to 2.5 million saved soon though soon

Keep grinding…

Boomers made them absurdly unaffordable. They used to be a 2-3x median income, now they're up to 25x median income in cities. They bought their own cheap house then pulled up the ladder behind them

Shan't be buying your bags my man.

too lazy

I saw a decent family home outside of the city for 17.000.000nok which would entice a 531 year loan with my current socioeconomic standing with 2 workplaces.

Boomers will take their homes to the grave before they sell it for anything under a x8500 profit

only 1% of the population has a million in cash