WHY YOU CANNOT AFFORD A HOUSE (GEN Z and Millennials GTFIH)

[CalvinAscends]

The price of home ownership is only increasing while wages remain the same meanwhile cooperation like Black Stone quietly buys property utilizing strategies with institutional Financial Leverage such as BRRR( Buy, Rehab, Rent, Refinance)
For Example
Lets say You move a small town where every house is 100k

The Neighborhood is great and the property increases 10% Annually
You have 100,000$ In Cash you purchase a property wait a year and sell for 110,000$
Then you get a new idea
Taking 100,000$ from the house sale use it as five $20,000 dollar down payments on five houses wait a year 10% property value
increase you could get a 50% return on investment with the total debt of $400k-$550k Property Value equals Gross Profit of 50,000$
(Obviously in the real real this isn't that easy you understand the concept) The main issue is if the property value doesn't increase or housing market cash you lose all your money it a High Risk maneuver
In George Soros 1987 The Alchemy of Finance he introduces The Theory of Reflexivity The consist variable is the changing of house prices.
However Lets say an Institution like Black Stone buys 100 of these neighborhood houses you can negate the asymmetrical risk you would not only increase the property value through such accumulation and gain the power to manipulate local house prices.

You could utilize this little trick called Dividend Recap in which you create a shadow LLC and sell the houses to yourself far below market value wrecking the nearby houses market appraisal destroy your competition you could then buy the remaining houses at a lower price and rent them at a higher price creating a a housing shortage then inflate the value when you need to sell. This exactly what Black Stone did after the 2008 Housing Crisis.
Watch this Interview of a famous and disgraced financer if you want to gain a better understanding of the 2008 housing Crisis and modern economics
or watch the documentary Inside Job
Now you should understand why the housing market is so fried.

 

[smegor]

dnr opportunity

 

[smegor]

but im gonna read

 

[smegor]

because im gay. but no one would know because this will be at the bottom

 

[RJ_ascends]

Bro this is just cope

 

[smegor]

sike

 

[smegor]

bro just get a job

 

[CalvinAscends]

Bro this is just cope

How is this cope just facts little bro

 

[RJ_ascends]

How is this cope just facts little bro

If u cant afford a 500k house ur income is cooked man thats the issue

 

[CalvinAscends]

If u cant afford a 500k house ur income is cooked man thats the issue

I'm 16 little bro, plus U know the etymology of the world mortgage is "dead pledge" I don't want to be a slave to the beast system bro

 

[RJ_ascends]

I'm 16 little bro, plus U know the etymology of the world mortgage is "dead pledge" I don't want to be a slave to the beast system bro

Bro don't u got parents? My parents are setting aside all their properties for inheritance so Im not too worried abt that

 

[CalvinAscends]

Bro don't u got parents? My parents are setting aside all their properties for inheritance so Im not too worried abt that

We own a townhouse and that it but Im get rich trust

 

[RJ_ascends]

We own a townhouse and that it but Im get rich trust

u have to be either high iq or high luck if u want to get rich

 

[CalvinAscends]

u have to be either high iq or high luck if u want to get rich

Nah it 2026 the opportunity is unlimited I got the brains to do it too

 

[RJ_ascends]

Nah it 2026 the opportunity is unlimited I got the brains to do it too

yeah nigga weren't u giving advice to watch free mit videos

 

[CalvinAscends]

yeah nigga weren't u giving advice to watch free mit videos

I'm it will take time to get rich but it still do able in my generation, altough we might be the last one in our bloodlines with the chance to gain wealth

 

[gandylite.]

there is always working hard when you’re a teen to get a good job ( 250k + a year )

 

[CalvinAscends]

there is always working hard when you’re a teen to get a good job ( 250k + a year )

I want to own my own business and be rich like 25 Million + networth ofc it gonna take at least a decade to even set up but life to short just to want a job ur whole career especially considering the erosion of the social contract

 

[RJ_ascends]

there is always working hard when you’re a teen to get a good job ( 250k + a year )

nigga this is for low iq low risk normies though

 

[CalvinAscends]

nigga this is for low iq low risk normies though

Some people are better working being employees but I want soverignity

 

[RJ_ascends]

Some people are better working being employees but I want soverignity

U 100% need education + connections to start a business otherwise you're just relying on luck. Rn im mainly focusing on education but im doing trading on the side just for fun and it's worked out insanely well for me

 

[CalvinAscends]

U 100% need education + connections to start a business otherwise you're just relying on luck. Rn im mainly focusing on education but im doing trading on the side just for fun and it's worked out insanely well for me

I was thinking of becoming a journeyman electrician 1st since I hate school with an associate degree then getting a mechanical engineering degree. College would rlly give me a network cuz I lowkey ain't social like that but yeah and some investments and personal brands on the side

 

[RJ_ascends]

I was thinking of becoming a journeyman electrician 1st since I hate school with an associate degree then getting a mechanical engineering degree. College would rlly give me a network cuz I lowkey ain't social like that but yeah and some investments and personal brands on the side

Bro i was thinking if i should quit education to just trade since my portfolio went crazy but man idk my recent success could've just been luck

 

[CalvinAscends]

Bro i was thinking if i should quit education to just trade since my portfolio went crazy but man idk my recent success could've just been luck

I mean trading portfolio is definely do able if u take it serious but doing it on ur own makes a cap on growth, If ur good at math become a quad Trader they making hella bank or do real estate or something else in addition

 

[RJ_ascends]

I mean trading portfolio is definely do able if u take it serious but doing it on ur own makes a cap on growth, If ur good at math become a quad Trader they making hella bank or do real estate or something else in addition

yeah bro I took my port from 1k ->600k only over the summer break but now its growing a lot slower bc of my trading style

 

[CalvinAscends]

yeah bro I took my port from 1k ->600k only over the summer break but now its growing a lot slower bc of my trading style

DAMN all the way to 600k at 16 then you should spend run your GED and focus on allocating ur capital, Real Estate is a real option or Purchasing metals

 

[RJ_ascends]

DAMN all the way to 600k at 16 then you should spend run your GED and focus on allocating ur capital, Real Estate is a real option or Purchasing metals

It's cuz back then when I started I had crazy days like this

 

[CalvinAscends]

It's cuz back then when I started I had crazy days like this
View attachment 5437114

Here some Elite Baal Knoweldge

How to Not go Broke

 

[RJ_ascends]

Here some Elite Baal Knoweldge

How to Not go Broke

i prob know everything in the vid already lol
but also the sector of trading i do is hella niche; that's one reason i was so profitable because I dont have competitors

 

[brascends]

View attachment 5436754
The price of home ownership is only increasing while wages remain the same meanwhile cooperation like Black Stone quietly buys property utilizing strategies with institutional Financial Leverage such as BRRR( Buy, Rehab, Rent, Refinance)
For Example
Lets say You move a small town where every house is 100k
View attachment 5436761
The Neighborhood is great and the property increases 10% Annually
You have 100,000$ In Cash you purchase a property wait a year and sell for 110,000$
Then you get a new idea
Taking 100,000$ from the house sale use it as five $20,000 dollar down payments on five houses wait a year 10% property value
increase you could get a 50% return on investment with the total debt of $400k-$550k Property Value equals Gross Profit of 50,000$
(Obviously in the real real this isn't that easy you understand the concept) The main issue is if the property value doesn't increase or housing market cash you lose all your money it a High Risk maneuver
In George Soros 1987 The Alchemy of Finance he introduces The Theory of Reflexivity The consist variable is the changing of house prices.
However Lets say an Institution like Black Stone buys 100 of these neighborhood houses you can negate the asymmetrical risk you would not only increase the property value through such accumulation and gain the power to manipulate local house prices.
View attachment 5436790
You could utilize this little trick called Dividend Recap in which you create a shadow LLC and sell the houses to yourself far below market value wrecking the nearby houses market appraisal destroy your competition you could then buy the remaining houses at a lower price and rent them at a higher price creating a a housing shortage then inflate the value when you need to sell. This exactly what Black Stone did after the 2008 Housing Crisis.
Watch this Interview of a famous and disgraced financer if you want to gain a better understanding of the 2008 housing Crisis and modern economics
or watch the documentary Inside Job
Now you should understand why the housing market is so fried.

It’s sad fs

 

[CalvinAscends]

It’s sad fs

It still possible to overcome but it not easy like it use to

 

[Foreverbrad]

there is always working hard when you’re a teen to get a good job ( 250k + a year )

This is not even guaranteed, I tried to do this and got fucked in the ass now making 40k with a stem degree in mechE with no hope to ever earn more and it’s looking like it will turn out the same for recent CS grads.

If you can get into medical school that’s probably the only way but realistically if you can do that you already came from wealth.

 

[RJ_ascends]

This is not even guaranteed, I tried to do this and got fucked in the ass now making 40k with a stem degree in mechE with no hope to ever earn more and it’s looking like it will turn out the same for recent CS grads.

If you can get into medical school that’s probably the only way but realistically if you can do that you already came from wealth.

bro u didn't work hard and smart enough
u have to get a degree from a GOOD college otherwise jobs will be hard to get

 

[juggoverweighthoes]

u have to be either high iq or high luck if u want to get rich

cope

 

[britadeirajunior999]

just sell drugs DNR

 

[gandylite.]

This is not even guaranteed, I tried to do this and got fucked in the ass now making 40k with a stem degree in mechE with no hope to ever earn more and it’s looking like it will turn out the same for recent CS grads.

If you can get into medical school that’s probably the only way but realistically if you can do that you already came from wealth.

mech e sucks ass dude so what if it’s stem this is completely your fault lmao no engineering degree nowadays is worth it over something like maths,econ or medicine

 

[Splinter901]

Houses are a scam, the fact that you are expected to work all your life to pay for one proves it.

 

[CalvinAscends]

mech e sucks ass dude so what if it’s stem this is completely your fault lmao no engineering degree nowadays is worth it over something like maths,econ or medicine

I more of what you do with the degree but mech E degree isn't worthless in America, I think the dude lives in the UK so maybe that why

 

[Foreverbrad]

mech e sucks ass dude so what if it’s stem this is completely your fault lmao no engineering degree nowadays is worth it over something like maths,econ or medicine

That’s exactly my point though dude.

When I started my studies it did not suck ass to nearly the same extent. Salaries now are about half what they were. Not in real terms - in absolute terms. It’s fucked but that is what happens when market is flooded with offshore Pajeet.

I more of what you do with the degree but mech E degree isn't worthless in America, I think the dude lives in the UK so maybe that why

It’s fairly worthless in the USA too but UK truly is another level. The only good career here is finance - even medicine will disappoint you if you don’t emigrate.

 

[optimisticzoomer]

It’s fairly worthless in the USA too but UK truly is another level

I said this to imontheloose when he was still bluepilled on it
Although I said the only degrees worth it are medical, and I stand by that. Maybe law if you actually progress, but I know nothing about that