Is living in your car to save money a bad idea? i dont want to give my money to landlords...

And here you are crying, did I make a thread crying that I cant sell my 6 properties?

yeah no one is building or selling affordable single family houses.
that isn't going to change

if we see real estate prices fall, it will be in huge boomer mcmansions, or in the most saturated urban tech areas (as WFH proliferates, no one will need to spend 3k/month on rent in the bay area).
A 150k-300k home in the suburbs will still be a 150k-300k home in the suburbs, there is too much demand and too little supply to bring those prices down

I have stable employment, but still, a mortgage is a huge risk if the market is inflated like this. If I buy now, borrowing 95% of the value, and the housing market collapses, I'm stuck with a house that's worth like 60% what I bought it for with the same 35% of uncovered mortgage to deal with somehow.

Why isn't that going to change? If there is demand, someone should be working on supply, right?

Unless some governmental cunt is blocking the market from doing its job in bringing down the prices to a reasonable level.

yeah between regulations and costs, it just isn't worth it for builders to build small houses that could be sold for $200k. Some still get built but not very many; the profit margins favor building 500k+ houses or big apartment buildings.

I'd rather see property taxes slashed than housing market crash. What is the point of """owning""" my house when my property taxes go up another k every time my neighbors build a shed?
>Boomers
Boomers for some reason move to the MUHNOINCOMETACKS states even though they have no income, then sit in their houses watching property tax eat away whatever "wealth" they have.
>Bubble
The bubble is that banks are still throwing money at anybody with a credit score and a heartbeat. Nothing has changed since 08

I've been watching a house listed at 200k. In the last two months they've already slashed nearly 25k off asking. At

We are entering an era where double digit inflation will be the norm. I think if we lock in a low interest mortgage in the next couple of years, it will be the best possible "investment".

If I see house prices fall significantly I might buy a smaller house and rent out the one I'm living in now.
I bought a 4bdr house a couple years ago and it's too big for me (I never even go upstairs), but it was the best value on the market at the time

Unless you can find a home for $120k, a cheap suburban apartment for around $700 is going to be cheaper given opportunity costs and all that. Living in a vehicle on the other hand can get expensive if you want to live comfortably at all in a van conversation or similar, but can be cheap in a used commercial van DIY conversion. Expect to spend at least $10k and recoup none of it.

>18617948
That is a good point, as long as you are not forced to sell your house in that unfavorable market.

700 dollars a month for 400 square feet?
Is that reasonable?

I also live in The Netherlands and drive routes between Rotterdam - Hague - Amsterdam on daily basis. From what I can tell there is plenty of space to build houses as well as lots of ongoing construction.

>causes one housing crisis by giving subprime mortgages to spics and niggers
>causes next one by blocking own children from home ownership with reactionary lending laws, fucking dies and floods market with 'investments', causing massive price crash and bank losing up to half of their wealth from defaults.
Boomers are niggers, just smarter. Believe and act the same way.

No, you can but a 1500 sq ft house for that price in 10 years

My one bedroom is closer to 600. It's plenty of room for one or two adults. I'm of the mind that housing is one of the largest and easiest expenses to cut. It's more about absolute cheapest option and not the sqft/$. Rent where you live, own what you rent.

The Netherlands imports over 250k foreign rapid breeders every year. That's the issue, not housing. It also subsidizes poor people to breed fast. Rent is paid for these assholes and they're given pocket money without ever having to work, so they come here in the millions and occupy all affordable housing, keeping the Dutch poor.

You are jealous of boomers, sad

No. You're ignoring opportunity costs, maintenance, taxes, insurance, etc. A $120k home with a standard mortgage has a monthly cost of around $700 even after it's paid off because the equity doesn't appreciate as quickly as it would in stocks.

Millennials could buy a house over a period of years but they prefer to throw their money away on rent and avocado toast and weed and sips and coke and then blame old men for their own cowardice and poverty

>entitlement is now wanting something that used to be affordable to be just affordable enough to finally get in
well color me entitled then. This is the whole reason I want everything to crash. I want a portfolio filled with blue chips and a home at non fuck your ass prices

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If you prefer to rent and cry about landlords go for it, its funnier that way. Keep making excuses

I owned a house for 4 years and would never do it again unless I had children.

And you're renting it for 700 a month?
I'm looking for government subsidized housing but the waiting lists are long

True, but that's an entirely different issue. You'll always have neets, and we are importing more neets than we can house. But even without them we would have a problem with the government fucking over the market and essentially safeguarding the value of real estate against new homeowners or young investors.

>used to be affordable

That's where you are wrong kiddo, but if it makes your failure better you do you

Why not? What housing situation is better?

Young people are trash the government serves middle class homeowners/boomers because they are the heart of society

If I had a car with toilet, and DSL and a bed yeah.

I don't think you know who you replied to. I like my landlord. They provide me a service I willingly purchase. Thinking analysing the opportunity costs on an investment board is an excuse is hilarious, though. I sometimes envy how proud boomers can be of their glorified cardboard box homes, but it often strays into naivety. Imagine how much money you could have if all that equity in your primary residence was put into a real investment.