Current Events > America: Too poor to buy homes, pay rent/car loan

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clearaflagrantj
11/23/17 8:26:43 AM
#1:


Also America: Wastes all their money on Black Friday

smdh
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courier_nv
11/23/17 8:28:32 AM
#2:


The fundementals of the country are not sustainable.

Look at how little people have in savings. Look at how much they are obsessed with consumerism. Don't you think a massive crash is coming?
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Error1355
11/23/17 8:28:42 AM
#3:


ouch the edge cut me in this topic
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Fishy
11/23/17 8:29:52 AM
#4:


"I can't afford a house."

"I can't wait to buy my second iPhone this year!"
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JE19426
11/23/17 8:30:30 AM
#5:


Error1355 posted...
ouch the edge cut me in this topic


You should sue TC for assaulting you.
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ledbowman
11/23/17 8:33:34 AM
#6:


clearaflagrantj posted...
Also America: Wastes all their money on Black Friday

smdh

The whole deal with Black Friday shopping is spending less.
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AlternativeFAQS
11/23/17 8:33:51 AM
#7:


Fishy posted...
"I can't afford a house."

"I can't wait to buy my second iPhone this year!"


It's almost as if one doesn't cost hundreds of thousands of dollars
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DirkDiggles
11/23/17 8:34:25 AM
#8:


Bandaids here! Get your free Bandaids here! It'll help with all this edge in this topic!
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Southernfatman
11/23/17 8:34:48 AM
#9:


Today: Be thankful for what you have
Tomorrow: Trample over people to buy shit you don't need.
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Fishy
11/23/17 8:36:52 AM
#10:


AlternativeFAQS posted...
It's almost as if one doesn't cost hundreds of thousands of dollars

It's almost as if frivolous spending adds up. That's a thousand more dollars on a down payment.
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Error1355
11/23/17 8:36:56 AM
#11:


DirkDiggles posted...
Bandaids here! Get your free Bandaids here! It'll help with all this edge in this topic!

Thanks man. I was getting lightheaded from the loss of blood. It was such a clean cut due to the sharpness of the edge.
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clearaflagrantj
11/23/17 8:38:30 AM
#12:


ledbowman posted...
clearaflagrantj posted...
Also America: Wastes all their money on Black Friday

smdh

The whole deal with Black Friday shopping is spending less.

Except Black Friday results in an increase in net spending vs BF not existing, because people are buying shit they don't need.
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AlternativeFAQS
11/23/17 8:40:02 AM
#13:


Fishy posted...
AlternativeFAQS posted...
It's almost as if one doesn't cost hundreds of thousands of dollars

It's almost as if frivolous spending adds up. That's a thousand more dollars on a down payment.

A down payment on something they might not even want. I know I don't ever plan on buying a house
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Fishy
11/23/17 8:40:31 AM
#14:


AlternativeFAQS posted...
A down payment on something they might even want. I know I don't ever plan on buying a house

I also plan to be homeless.
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DirkDiggles
11/23/17 8:40:43 AM
#15:


Error1355 posted...
Thanks man. I was getting lightheaded from the loss of blood. It was such a clean cut due to the sharpness of the edge.


Don't forget about the Neosporin. Wouldn't want it to get infected.
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AlternativeFAQS
11/23/17 8:42:58 AM
#16:


Fishy posted...
AlternativeFAQS posted...
A down payment on something they might even want. I know I don't ever plan on buying a house

I also plan to be homeless.


All people who don't buy houses are homeless
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Fishy
11/23/17 8:44:26 AM
#17:


AlternativeFAQS posted...
All people who don't buy houses are homeless

I was hoping that's what you meant rather than pissing away hundreds of thousands of dollars.
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AlternativeFAQS
11/23/17 8:48:33 AM
#18:


Wat
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ledbowman
11/23/17 8:50:58 AM
#19:


clearaflagrantj posted...
ledbowman posted...
clearaflagrantj posted...
Also America: Wastes all their money on Black Friday

smdh

The whole deal with Black Friday shopping is spending less.

Except Black Friday results in an increase in net spending vs BF not existing, because people are buying shit they don't need.

Yeah they should only buy bread.
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Super Saiyan 3 Goku
11/23/17 9:02:15 AM
#20:


clearaflagrantj posted...
Also America: Wastes all their money on Black Friday

smdh


This is why I love this season. The same people who are 90 days late on their car loan are going to camp out at the mall tonight to blow what little money they have on phones and TVs.
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#21
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fan357
11/23/17 9:08:36 AM
#22:


I think I'm gonna buy a house next year. That or a condo.
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Fishy
11/23/17 9:08:51 AM
#23:


Godnorgosh posted...
Sorry, we haven't taught him what apartments are yet. He's making great strides, though.

Are you going to own that apartment or rent it.
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AlternativeFAQS
11/23/17 9:10:12 AM
#24:


fan357 posted...
I think I'm gonna buy a house next year. That or a condo.


Let's hope the housing market doesn't tank!
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twitterfriends
11/23/17 9:17:56 AM
#25:


I don't even like Black Friday (I feel bad for the workers and I hate lines) but a lot of people participate in it to get deals on gifts for their loved ones on Christmas. And probably the poor people probably hate Black Friday because they're working retail and food industry and miss out on Thanksgiving and stuff too, it's the Middle Class people who consume Black Friday
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Antifar
11/23/17 9:19:33 AM
#26:


twitterfriends posted...
I don't even like Black Friday (I feel bad for the workers and I hate lines) but a lot of people participate in it to get deals on gifts for their loved ones on Christmas. And probably the poor people probably hate Black Friday because they're working retail and food industry and miss out on Thanksgiving and stuff too, it's the Middle Class people who consume Black Friday

Yeah, this seems pretty reasonable.
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FFVII_REMAKE
11/23/17 9:20:59 AM
#27:


70% if Americans either have less than $1K in their savings or no savings at all, yet they have a nice $1M house and a fleet of expensive cars.

Sad.
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#28
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KiwiTerraRizing
11/23/17 9:25:12 AM
#29:


Yes, but the entire financial system is set up to encourage this.

This country will fail as soon as China replaces us as the world reserve currency.
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Fishy
11/23/17 9:27:06 AM
#30:


Godnorgosh posted...
That's an excellent question, Fishy. As it turns out, apartments are for rent. Very astute of you to ask.

If something about today's lesson doesn't make sense or is bothering you, feel free to message me directly for further guidance. I'm always happy to help.

Then welcome back to my "pissing away hundreds of thousands of dollars" statement. Unless you know some really cheap apartments renting is gonna get pretty expensive over a lifetime.
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JE19426
11/23/17 9:31:07 AM
#31:


Fishy posted...
Then welcome back to my "pissing away hundreds of thousands of dollars" statement.


Lmao. How are you pissing it away?
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Fishy
11/23/17 9:32:43 AM
#32:


JE19426 posted...
Lmao. How are you pissing it away?

Because at the end you've spent all that money and own nothing???

Lemme guess you lease cars lmao
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chrono625
11/23/17 9:34:25 AM
#33:


This should be a meme.

>can't pay the electric bill
>waits in line to buy a spectre brand tv
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JE19426
11/23/17 9:34:30 AM
#34:


Fishy posted...
Because at the end you've spent all that money and own nothing???


So am I pissing away money I spend on food, since in the end I have from it?
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EducatedGuy
11/23/17 9:36:15 AM
#35:


Fishy posted...
AlternativeFAQS posted...
It's almost as if one doesn't cost hundreds of thousands of dollars

It's almost as if frivolous spending adds up. That's a thousand more dollars on a down payment.


You need to buy like 150 new iPhones, 100 Nintendo switch and 200 PS4 pro all at the same time just so you can buy something even resembling a house.
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Fishy
11/23/17 9:36:15 AM
#36:


JE19426 posted...
So am I pissing away money I spend on food, since in the end I have from it?

Is there an alternative where you pay the same amount and are never hungry again?
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KStateKing17
11/23/17 9:36:21 AM
#37:


clearaflagrantj posted...
ledbowman posted...
clearaflagrantj posted...
Also America: Wastes all their money on Black Friday

smdh

The whole deal with Black Friday shopping is spending less.

Except Black Friday results in an increase in net spending vs BF not existing, because people are buying shit they don't need.

They're mostly doing Christmas shopping. Wouldn't they have spent that same money, maybe even more throughout the month?
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JE19426
11/23/17 9:37:03 AM
#38:


Fishy posted...
Is there an alternative where you pay the same amount and are never hungry again?


Surely you can do a better job moving the goal posts then you are currently.
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PoopPotato
11/23/17 9:37:24 AM
#39:


Oh well. Can't retire anyway. Might as well let the people enjoy a little something before they work to death.
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Fishy
11/23/17 9:37:55 AM
#40:


EducatedGuy posted...
You need to buy like 150 new iPhones, 100 Nintendo switch and 200 PS4 pro all at the same time just so you can buy something even resembling a house.

Sure, to buy outright. Or you could save up and have a decent down payment to pay a home loan (wow it's kinda like rent except at some point you stop paying it!)
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Fishy
11/23/17 9:38:16 AM
#41:


JE19426 posted...
Fishy posted...
Is there an alternative where you pay the same amount and are never hungry again?


Surely you can do a better job moving the goal posts then you are currently.

How the fuck is that moving goalposts.
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FFVII_REMAKE
11/23/17 9:38:20 AM
#42:


Don't people that rent fear of getting kicked out at anytime? I believe there's a 1 month notice but it's difficult to keep moving place to place where the average rent costs as much as a home mortgage to where you might as well buy a home.
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JE19426
11/23/17 9:40:02 AM
#43:


Fishy posted...
How the fuck is that moving goalposts.


Because first you said previously that you are pissing away money if you don't own anything afterwards. Then you changed what pissing away money means to something diffrent when I pointed out buying food also means you don't own anything in the long term.
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#44
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averagejoel
11/23/17 9:41:36 AM
#45:


Fishy posted...
EducatedGuy posted...
You need to buy like 150 new iPhones, 100 Nintendo switch and 200 PS4 pro all at the same time just so you can buy something even resembling a house.

Sure, to buy outright. Or you could save up and have a decent down payment to pay a home loan (wow it's kinda like rent except at some point you stop paying it!)

have you heard of property tax
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Fishy
11/23/17 9:42:32 AM
#46:


Godnorgosh posted...

You see, all types of housing have a common purpose. It is called giving people a place to stay. This holds true whether you are owning shelter or just renting it. That is what gives apartments their value. Isn't that amazing?

Wow you're right! I can't wait to spend $250k to rent a one bedroom apartment in LA for ten years! (That's at LA's current average rent of $1,900a month)
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averagejoel
11/23/17 9:43:49 AM
#47:


Fishy posted...
Godnorgosh posted...

You see, all types of housing have a common purpose. It is called giving people a place to stay. This holds true whether you are owning shelter or just renting it. That is what gives apartments their value. Isn't that amazing?

Wow you're right! I can't wait to spend $250k to rent a one bedroom apartment in LA for ten years! (That's at LA's current average rent of $1,900a month)

how much would a mortgage in the same area cost
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Fishy
11/23/17 9:44:35 AM
#48:


averagejoel posted...

have you heard of property tax

Tell me how much you think annual property tax is.
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#49
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AlternativeFAQS
11/23/17 9:45:27 AM
#50:


Lmfao fishy
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