Despite everything, this only shows how stupid people is. Even in bad economy, people will still go in debt and screw their lives BUT that's a problem for their tomorrow.
An entire generation has been living with their parents well into their 30s and a bunch of them have been making decent money and saving up, they now start buying houses. My sister and her husband among other millennials. Not all millennials are doing bad. Especially DINKs can afford it, to the detriment of the rest of us
Money is fake. Accept it. You were dealt a way of life. Class migration doesn't happen. Just spend it all and find joy in real relationships. Have babies. Breathe deep. Smile.
You know what's also sad? I work for a mortgage company and our sales teams are making a killing off commission. 1.25% of the Loan amount, and their jobs have virtually stayed the same the last 5 years. House prices have gone up 40% in 5 years. They effectively got a 40% raise for nothing. Why is commission tied to loan amount? People are having to borrow more so that increases the value of their pay rate?
So if the market crashes and we go into recession the government still bails out the banks ! So basically it’s a win- win situation for banking mafia !
its almost as if the rich in this country and rich immigrants are propping up the housing market and shutting the lower classes out of the housing market.
Most people have no concept of "Don't buy." It's one of the reasons why so many billionaire industries get away with record price hikes and lower quality goods.
Despite everything, this only shows how stupid people is.
Even in bad economy, people will still go in debt and screw their lives BUT that's a problem for their tomorrow.
An entire generation has been living with their parents well into their 30s and a bunch of them have been making decent money and saving up, they now start buying houses. My sister and her husband among other millennials. Not all millennials are doing bad. Especially DINKs can afford it, to the detriment of the rest of us
That's why Islam is against the financial system created by jews.
Not me. I gave up on the American nightmare
More bonuses…. Then in 2 years bailout
The dream is that people are suffering and they're still profiting. Literal scum
Money is fake. Accept it. You were dealt a way of life. Class migration doesn't happen. Just spend it all and find joy in real relationships. Have babies. Breathe deep. Smile.
You know what's also sad? I work for a mortgage company and our sales teams are making a killing off commission. 1.25% of the Loan amount, and their jobs have virtually stayed the same the last 5 years. House prices have gone up 40% in 5 years. They effectively got a 40% raise for nothing. Why is commission tied to loan amount? People are having to borrow more so that increases the value of their pay rate?
Dream for a while
Blackstone Ceo laughing from down there with you guys😂
Woah its almost as if people need shelter to live so theyll pay anything they can get to live independently rather than live or die in the streets
🤦🏽♂️😒😔
its to late, were on the treadmill now, buy gold and wait for the inflation party to explode and die
I don't think most people think they will pay these mortgages off but rent is so high
What could possibly go wrong
The power of advertising.
I mean, they won’t say it but, BONUSES
So if the market crashes and we go into recession the government still bails out the banks ! So basically it’s a win- win situation for banking mafia !
Uh-huh…and now tell me how well that worked in 2006.
joke of it all is we all know this for years and still cant do nothing
Um, what happens when lobbying pays off and the government jumps into the banks pocket like the filthy rodent it is.😂
As long as rent prices keep going up they will force more buyers into the market, landlords are the banks dream partner!
its almost as if the rich in this country and rich immigrants are propping up the housing market and shutting the lower classes out of the housing market.
October 1929
Uncle Adolf put an end to this and was vilified for it by the you know whos.
😂bonus time
Most people have no concept of "Don't buy." It's one of the reasons why so many billionaire industries get away with record price hikes and lower quality goods.
Never heard of this David Pikemen/Pakman?
Don't complain.
Buy stock.
That eyebrow raise says more than just 'bonuses' 😍
people are holding out for 0% rates