Houses selling for a million now..
Starting to wonder how baby boomers afforded such high prices when they were younger.
...
>>69218064
crickey m8, just get a dugout for yourself and go from there.
>>69218157
Are they cheap to build?
>>69218064
just get a better job anon :^)
>>69218157
Illegal
They weren't always $1 million. They were dirt cheap and banks were willing to lend money to stable earners.
>>69218064
>Waaah waaah, I want to live in a CBD/Riverside appartment/mansion
What did you expect retard, so does everyone else.
>now
Where the hell have you been?
Lets all move to straya and built a /pol/ trailerpark
>>69218674
CBD?
I don't want to live there. Hell, If you look at houses that are in the country in the middle of no where they are same price.
But hey, Maybe your just a fucking idiot.
>>69218725
I've seen cabins in caravan parks here for like $5000. If you do this I'll join you.
>>69218882
Kid, I managed to pay off my uni fees and put a down payment on a house from the money I made during ONE summer when I was a teenager.
That was back when we were paid a hundred dollars a MONTH. You'd probably waste that on McDonalds, iPhones and alcohol in a day.
>>69218882
>Houses in the country are 1 million dollars
Whatever you say retard.
>>69219027
What year?
>>69218908
We just need one rich fucker with a lot of land so we could instead make a town.
>>69218882
I think you might want to check out realestate.com
I just had a glance around my state and places that aren't quite in the middle of nowhere start at $260k
A house up my street sold for 3.6million the other week.
>mfw I know the buyers and it was their third house
BUY, BUY, BUY, Just keep buying boomers, the moons the limit, nothing can go wrong.
>>69219215
>realestate.com
isn't it https://www.realestate.com.au/buy
>>69219215
I wanted him to be right.
Own a house west of Melbourne (inherited), 80k house and land in the 80's, maybe 260k now.
Heard years ago the area was going to rise in value. Still waiting.
>>69218064
Parents bought house 20 clicks from sydney cbd in '94 for less than 150k.
Worth 2mil now..
Overwhelming foreign investment is over inflating the Aussie property market
>>69219987
My fucking parents 1st house was $20,000 in 1980 I think. They got lent half the money by my Mothers parents and the other have one of Dads work mates. Both charged no interest. Then they sold it in 1989 for $88,000 and paid back those people. got the rest in a bank loan and bought a new house for $96,000.
I asked them for money for a deposit on a house years ago and got told they needed it to go on holidays over seas.
>>69220234
We can thank Kevin Rudd for making it legal to buy farm property while people still live in foreign nations.
>>69220422
Then its like, Oh. You can't buy land in Australia.
>>69218064
My dad bought his first house at age 21, the same age I am now.
He's must've been a far harder worker than I am, even though he didn't finish high school and was an unemployed NEET till age 20. :^)
>tfw my area has the highest mean house price in Australia
>tfw my parents gave me 10% ownership of our house for no real reason
>tfw made for life
3000 square feet. 180k usd. Now worth 210k.
>>69220869
In 1990 NSW average house price was 110,000 now it's 550,000(?) whilst average wages have only doubled. This is all that great multiculturalism we were told about, but don't worry our economy and GDP have risen isn't that great?
The government has sold us out, if the housing market does crash badly and people stop building houses we will have a massive recession on our hands,. There is no easy way out of this mess
>>69219027
lol they didnt have uni fees
it was all free
>>69221402
ALL BANK ACCOUNTS, SAVE...
ALL BANK ACCOUNTS, SAVE...
But, Yeah. In the paper they were talking about this about to hit us.
>>69218064
>mfw can no longer declare bankruptcy and say fuck off to student loans.
>mfw IM ACTUALLY GOING TO HAVE TO PAY 120,000 DOLLARS OFF.
FUCK YOU OBAMA FCUK YOU WHY DID YOU DO THIS
>>69221402
its easier to grow the population then make people richer on average
looking at house and land package in N.S.W no stamp duty and $12000 or something for first home buyers need cheap living for a year put away $20000 and hope the banks lend me $500000 for me and my missus a fucking 30 year loan on about $350 a week each ... cunts have killed my dream but I'm lucky I'm living cheap
>Be boomer
>All money invested in stock markets
>Stock markets not doing so good no more
>Buy moar houses!
>>69221587
They made people poorer on average though. So the government is fucking over regular Joe. So shit skins who's family never help make a great country get all the benefits of moving to one.
>>69218064
You can buy a nice House with a huge garden for less than 300.000 here.
>>69221621
Expecting your missus will stay with you for the next 30 years.
If not family court then your still stuck with paying off the house for your ex-wife while paying child support for a kid that for some reason isn't even related to you.
>>69221572
Because Obama and the Democrats work for big corporations, especially big banks.
Republicans are too, but to a far less extent.
>>69220421
fuckin boomers
>>69221858
Not for long with all those Syrians.
>>69222033
Well I'm fine with that. My parents own multiple buildings. If the real estate price is rising we can make a lot of money
>>69222323
OMG It's Merkels child. This was her plan all along.
>>69222323
Study this post gentlemen. This is what Anti-Whites post.
the average house here is over $350000
baby boomers really knew how to save every dollar and were smart with their money, they must have worked so hard
I can't afford anything even close.
>>69221572
>120,000
How do you fuck up that badly
>>69222323
Entire country, culture and heritage is being destroyed.
>worries about housing prices
Stay German my freind
>>69218064
>Parent bought a house for mere $200,000 in Melbouren 15 years ago
>a house around the street is now sold for one million dollar
Precisely why I went overseas
>>69222033
> implying houses arent going to get cheaper with syrians due to people not wanting to buy houses next to syrians.
>>69224193
I mean that they just had 1 million or something people just go to their country. They didn't build a bunch of houses for them to live in before hand.
So supply of housing will force the price up.
Here is Norway, 25 years ago a 3-bedroom house would cost 1.5 times the average salary.
Now it's 5 times the average salary for a 1-bedroom apartment.
Fucking boomers got life on easy mode.
Seems a debt/housing collapse is inevitable, how can we NEETs profit off it?
How can /auspol/ prepare and survive, drain the boomers for all their worth so we actually have a future?
>>69224725
>how can we NEETs profit off it?
By driving the housing market into the fucking dirt.
When the market eventually slows down and prices begin to drop, imagine what would happen if thousands of NEETs began posting fake ads where houses are being sold well below market price.
Other house owners would panic and lower the price to get rid of their real estate, thus creating a domino effect.
>>69218064
>My grandad bought a flat in central london as a factory worker back in 1954. He had to put in a lot of overtime, but basically it was just a factory job. We he died the flat was sold for £1.6 million my mother got just over £650,000 in heritance, my parents bought a new house in the country, and gave me their old house.
Basically you either get given a house given to you by parents, or there is literally no hope.
What's more, its almost entirely luck, there was no hard effort, my factory worker grandad just picked a lucky location to buy a house, now his children and grandchildren are set for life.
>>69224945
>shilling for a purpose
now this is something I can get behind
>>69224193
I sold my mother's house in Sunshine VIC the other day for $750,000
best thing I've ever done
looks like you're all getting enslaved
capitalism is great isnt it?
I got like 4 properties from my parents totaling around 3.6 mil, i'm thinking of cashing out soon.
How much longer will the bubble last senpaitachi? I atleast want to move the 2 near Sydney CBD.
>>69218064
they didnt. They were cheap as fuck back then.
I fucking hate boomers so god damn much, they ruined this country for us all and now we have to clean up the mess.
>could literally walk in and get a job
>could afford education and a house easily
>still says we are the "entitled generation"
>complains when they don't get super or any pension
>wern't smart enough to set something up for themselves back then
fucking hell i can't wait till they have all died out. They are literal cancer, the lot of them.
>be told "rent money is dead money" your entire life
>be forced to rent or live at home with parents
I NEED TO WIN THE FUCKING LOTTERY PLEASE.
>>69224335
The whites will flee, like they did in Detroit, and then they won't even be able to give the houses away.
Then house prices in Australia will rise further with all the German immigrants.
>>69226162
desu, rent money is only dead if you are paying too much. Paying under $200 a week is pre decent vs owning a house if you are renting.
>>69221882
>Republicans are too, but to a far less extent.
>>69218064
Houses costed a fraction of what they do now because it's now EXPECTED for everyone to take on 30 year loans to buy a house. That and the euro has fucked Europe in the ass. Our dutch gulden money was worth about 450% more. Salaries have not risen at all to compensate, but taxes have been doubled.
MMMM YEAH SOCIALISM SO GOOD
>>69226479
Where could you live in any decent place for $200 a week.
lol. I am in Melbourne. You pay going to pay $400 a week for a tiny 3br townhouse 45minutes distance from the CBD.
>>69226479
Why I moved in with a mate that was fucked over by his girl friend. He bought a house at 18 with her and she later fucked off because she wanted to "travel". He paid her like $10,000 to fuck her up. Then couldn't afford the loan. I needed a place so moved in and pay $150 a week which includes all bills like elec, gas, water, internet (on 1tb 100mbit btw) and shit like eggs, milk, butter, bread.
>>69226479
>Paying under $200 a week
You mean some distant suburbs in middle of nowhere.
>>69226843
paying $480/w for a damp, cold, 4br house 30mins from the cbd.
>>69227006
Globalism is destroying the value of money, invest in something you can use or trade when it all collapses.
Buy nice house during depths of "housing market crash". Now have 30-40% shadow equity.
The "free market meritocracy" is such a joke but thanks I'll take it.
>>69225774
Figure out houses are all 1 million. FFFFFFFFFFF-
Check this shit out, anons.
http://www.trulia.com/home_prices/District_Of_Columbia/Washington-heat_map/
>>69218064
When house prices in California first started to skyrocket around 2000 I remember thinking there is no way the average home could go to 1 million. The reason being how can anyone pay for one with normal wages in 30 years. By 2008 it was obvious they were lending to people who had no ability or intention to to pay that loan. Instead of renting people got loans for a few years and its still happening.
The house my mom bough in 1973 was $22,000. Today the same house without improvements is worth $600,000! Adjusted for inflation it should be $117,000.
>>69225868
If rather be a slave to the market than a slave to the government.
>>69227348
Whats with baltimore? It's very green compared to ultra red.
>>69218064
>nobody can touch negative gearing because boomers are cunts
http://www.news.com.au/finance/real-estate/buying/australias-ghost-suburbs-a-national-scandal/news-story/7e74c62fc314f86a2c8b176f3358d13f
What could possibly go wrong.
>>69227405
Libertarianism is a mental illness
>>69227500
because its like 90% nigger
>>69221572
just go to work to Singapore or some foreign country
>>69227619
That one berine.
>>69227684
this desu.
Nomadism is the future.
>>69218064
My boomer mom bought her house on the outskirt of a developing suburb 10 miles outside of a major metropolitan city in California. Bought a plot of land and built it up. Finished paying off her 30 year mortgage when I graduated high school.
My dad lived in a few houses but basically started small and traded up until he stuck with the house that he lives in now, which is another 10 miles south of where my mom used to live in a suburb that didn't start thriving until I was 10-12 years old.
I imagine those are the basic stories for most boomer parents. Either they bought their own little plot or house in the middle of nowhere and eventually the land around it got built up, or they moved around until they earned enough money to buy a decent sized place in a decent location.
That's how the same is gonna be for me. I'm about to start a government job that is gonna have me relocate to somewhere in America. It's gonna take a few years to really start making good money so until I can afford a nice place of my own I'll probably just rent some apartments and save up money.
>>69227619
Made in Australia, destroyed in Baltimore.
Lucky enough to get a mortgage on an apartment 7 yrs ago with partner, only because we were both lucky to have a shittonne saved. Selling price of units in our building has nearly doubled in that time.
While that's great for us, it's fucked for like 90% of our friends who work mid level careers and still have fuck all hope of getting a mortgage.
>>69227759
It was also the past.
History repeats itself.
>>69227852
Yeah, I was looking at buying a plot of cheap land recently.
Park a caravan on it and call that home.
>>69219027
so your telling me that you managed to pay off a loan by working one summer, even though the ammount you claimed to earn a month would mean you would have to have worked for nearly the entire year
>>69228184
If you are going to be working part-time in the service sector, who cares where you live.
I'd rather travel around affordable countries in EE or SE Asia.
And this is after graduating from an Ivy League school...
If you can figure out how to get internet bucks/work from home you can live in a much cheaper/non-pozzed place.
inherited 2 properties. renting out both and living in a shitty apartment. havent worked in 5 years. just play games, and go on vacation when ever
>>69219027
>Kid, I managed to pay off my uni fees and put a down payment on a house from the money I made during ONE summer when I was a teenager.
Yeah, too bad that a single summer's wage, especially in the sort of low-skilled, casual jobs available to unqualified students, will give you MAYBE enough money to by some generic second-hand car these days. Nowhere fucking NEAR enough to pay off a down payment and pay off your uni loans.
But all things considered, you're either a retarded boomer/Gen Yer or just a troll. Possibly both.
>>69221882
...what?
>>69228665
I know an 18 year old student who basically inherited his fathers apartment in downtown moscow because his father put it in his name to avoid gambling debts.
Now that his dad skeddadled, this kid is the owner of a million dollar property. Dresses like a bum, second-hand, and goes hitch-hiking around central asia on 20$.
It's a weird world we live in.
>>69221572
It's been that way for 50 years dumbass
You idiots all want to live in the center of big cities. That's why you can't afford a house. Those are for yuppies.
>>69229226
The cities are where the jobs are.
Most cities are nigger-infested, people don't want to live downtown, they want to live in the nice white suburbs around the cities.
If they can, they have to live in exurbs and commute 2.5 hours to work every day.
>>69227684
mfw my friend did that and went to work as teacher in Japanese and got married but he can never return back to the states or he will get arrested at the airport.
>>69228866
Who would have imagined a apartment in Moscow would be worth $1 million in lets say 1990! What will apartments in Pyongyang be worth in 25 years? xD
>>69229537
Best Korea is 100% korean.
They have that going for them at least.
>>69229480
>Most cities are nigger-infested, people don't want to live downtown, they want to live in the nice white suburbs around the cities.
Where the hell in Russia is like this, Ivan?
>>69229226
You're an idiot and obviously know nothing about the Australian property market.
Young people are not buying houses in the city, they are buying houses in the outskirts sometimes well over an hour from the cbd.
I will give you an example of prices in Sydney. In 1975, the average property cost 4 times the average full time income, today it costs 12 times the average full time income. The average full time income in australia is around $75,000 so you see how insane those prices are.
>>69229759
Read the thread, cunt.
I'm talking about cities in the USSA.
>>69221882
This is one of the most retarded things I read on 4chan. Easily top 5...
>>69227405
They're both connected, retard. It's like saying "I'd rather depend on my right hand than on my left hand".
How do we fix global housing bubble /pol/?
>>69230840
Sweden do you have any good parts left where i can buy land to fuck around on?
I dont want to have to register my campfire with the local fire department.
You guys do realize that housing prices is what drives GDP growth in the west?
>a house used to cost $50000 in 1980
>now it costs $800000
>therefore GDP went up 1600%
>muh strong economy
This is how the governments think about this situation.
. ... . ....
.
.................
>>69229879
Why do you have to live in Sydney? In Lisbon, prices are ridiculous as well compared to the rest of the country. That's because there are way too many people and businesses wanting to be there. I can rent a 2 bedroom new apartment in my home town for the price I rent a shitty bedroom in Lisbon.
I know it's easier to find jobs in big cities and those jobs are preferred by prestige whores. However, if you want to raise a family do not work there or live in big cities. You will make less money in the end and be a shitty parent.
>>69218064
>Starting to wonder how baby boomers afforded such high prices when they were younger.
they didn't, they're still paying it off.
Hence the bubble problem and the credit crisis.
That being said, waaaaay back in the 60's/70's properties were comparably cheaper. Young adults were able to buy them.
>>69218064
It was the good old dayz, when the land was cheap and building a house was also not too expensive.
>>69218064
oh wait they didn't they bought a house in the inner suburbs for fucking 30 grand when the median income was about the same
>boomer land barons driving up prices
>oriental criminals keeping 90,000 properties vacant in Sydney
>starter homes going at 600k
>on room shitbox in cbd million dollars
I cannot fucking wait until the bubble bursts here lads
>>69221265
>210k
>tfw no house is this price anywhere in my fucking state
