I built a house myself. There is no shortage of houses, people are just generally stupid now. Almost no one even owns a house they just have mortgages. Of course the price of houses are going up if you're paying a % interest on a loan to the most greedy corrupt people in the world to buy one. They'll do everything they can to see the average house cost $10 million and give you a bargain on a low rate .1% interest mortgage. What a steal! Don't wait prices are only going up!
Total cost for me to buy land and build a decent house was $200k and it's worth $1 million now. That included paying contractors to do some of the work but mostly I did everything myself. I could just build houses full time and make a great living. I did this on the side while working full time.
It's all about capital. Coming up with the $200k to build the house without a loan is the hard part and I guess so is not being retarded and messing it up for a lot of people. I spent over a year just finding land. Every step of the way there is a way to fuck yourself if you don't take your time and think.
No one has capital they just have debt. No one owns a house. It's so rare to own a house people even pretend it's bad financial sense to own a house when you could take out a great mortgage and invest your money in the stock market (LOL) instead.
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03-04-2022, 10:22 PM
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