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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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58433333 No.58433333 [Reply] [Original]

My landlord just sent me the lease renewal. The rent is going up $150/mo. I want to buy a house, but interest rates are 7%. On top of that, no one is listing their home for sale. What am I supposed to do?

>> No.58433359

Nothing, you got priced the fuck out. Probably listened to a doomer shill who told you not to buy. Now you own nothing and have to pay the rent.

>> No.58433360
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58433360

>>58433359
Don't worry it'll all come crashing down in the next couple years

>> No.58433411
File: 1014 KB, 1416x1126, rent vs buy.png [View same] [iqdb] [saucenao] [google]
58433411

>>58433360
Thank god, can't wait to scoop up the cheap properties.

>> No.58433416

>>58433333
checked. everyone bought up the inventory now there's nothing left. have fun trying to buy a home wagie lmao

>> No.58433431
File: 107 KB, 1240x1144, u5h9t-one-year-change-in-active-housing-inventory-for-sale-shift-between-march-2023-and-march-2024.png [View same] [iqdb] [saucenao] [google]
58433431

>>58433416
And what happens when all the people who bought after 2020 on variable rates cant afford payments anymore?

>> No.58433437

>>58433431
>variable rates
no one in america does this

>> No.58433465

>>58433431
Any foreclosure gets kept by the bank, or sold to investors.

>> No.58433483

>>58433431
only a tiny percent of mortgages are variable rate in america. everyone got 30 year fixed or refi'd to 30 year fixed at 2% rates

>> No.58433492
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58433492

>>58433333
holy quints
poor amerimutt incapable of even finding proper housing brother just buy a stack of $ssnc as long as its listed on solana next week and HODL. Waggie as Doordash or something renting bikes from around your town and start coping if you wanna survive before getting priced out like a fucking retard

>> No.58433507

>>58433333
how old are you bro, didnt you get the memo that millenials cant/wont buy houses?

>> No.58433509

>>58433411
holy macarolies batman, that's quite a raise in prices no wonder nobody cant buy houses anymore

>> No.58433510

>>58433333
just kys nigga

>> No.58433514

>>58433333
get off the grid bro, its cheaper

>> No.58433515

>>58433492
that merge with solana bettter pay up or Ill have to eat my shoes.

>> No.58433518

>>58433492
doordash is not THAAAT bad, it can get you some nice money with little to no effort, as long as you dont use bicycles.

>> No.58433519

>>58433518
but you build some steel legs bro.

>> No.58433521

>>58433333
move to a third world country and learn how to freelance
america is cooked

>> No.58433523
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58433523

>>58433519
actually that kind of activity doesn't build muscles. Heavy weights is where is at.

>> No.58433524
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58433524

>>58433521
Can't help but remember when CNN and Dailymotion thought these were real and TRUMP plummeted

>> No.58433525

>>58433521
>move to a third world country
what the QoL of a free lancer in Canada ?

>> No.58433527

>>58433525
Canada is not third world. moron.

>> No.58434267

>>58433523
Retarded

>> No.58434274

>>58433333
quit your job, buy one of those $100 lots in kansas, and throw a steel pole barn house on it

>> No.58434280

>>58433411
thanks for paying the mortage, taxes, maintenance, plus tip on my "expensive property" just to avoid dying of exposure to the elements despite the fact that it is expensive, rent slave

>> No.58434655
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58434655

>>58434280
Rent doesn't cover a mortgage anymore. The investors are gone.

>> No.58436204
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58436204

>>58433437
>>58433431

Everyone put 5% down so a 5% correction means they will just walk away. Sorry zesties.

>> No.58436207
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58436207

>>58433333
Nice quints. Why aren't you living with your parents?

>> No.58436450

>>58433333
You're supposed to be checking those digits.
Also squat.

>> No.58436493
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58436493

Does everyone want to live in a McMansion in California?

There's plenty of nice homes for under $300k here.

>> No.58436585

>>58436493
There's also plenty of beaners with an IQ under 85 as well

>> No.58436591
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58436591

>>58433333
Move to Texas right now (unless you are a beaner)
According to Truflation data, our real estate prices are fixing itself
God bless sacred Texas

>> No.58436722

>>58433523
You’re replying to a retarded shitcoin shiller my compounds friend

>> No.58437250

>>58436591
>30% white births

I'm good

>> No.58437448

I feel like a genius for leaving my apartment and getting a house in 2019.