Member of the Month

KilaTsunami
October, 2024

Online

Welcome to the Newschoolers forums! You may read the forums as a guest, however you must be a registered member to post. Register to become a member today!

Are we headed for a catastrophic economic collapse?

profile picture
WoFIowz
Posts: 9788 - Karma: 72,405
Seriously though. Is it me or does everything seem like it's headed right for the shitter and all those eviction moratoriums and stimulus checks and student loan pauses did was prolong the inevitable?

I know they say the housing market won't crash like 2008. OK, so explain how this trajectory will be sustained.

Some other stuff...

Rent prices are astronomical on top of stagnant wages.

People have trillions in student loans, and many can't afford to pay them.

Trillions in auto loans. You've got people driving cars that cost more than they make in a year.

This is all on top of the lavish lifestyles and having to have brand new everything and the gratification that comes with it.

Medical bills? Good luck.

Retirement savings? Americans have practically none.

Emergency savings? LOL


I was bored and took a look at housing prices in a few areas that I've considered moving to in the future. Holy fucking fuck. There are entire cities and towns I can't even afford now, but was able to just 6-12 months ago. I'm neither poor nor rich however my income puts me above the 90th percentile. You're telling me that only that 10% is responsible for these price increases and still buying homes? Doubt it. It's probably that plus kids buying homes they can barely afford with lenders passing out loans on max debt to income ratio applicants. Who the fuck is paying $3-400+/sq ft? That's a great way to buy a house you'll have to live in til you die. Or foreclose... Jesus. Affordability is a relative term to an extent but our spending as a society is unsustainable. The whole reason I bought a house 2 yrs ago was because apartment rent was unsustainably increasing and a money pit.


I looked at current listings in my own city just for shits. Look at this entire screenshot. It might seem affordable but the value is dirt. This is an area I wouldn't buy a house in if it cost half that much and you put a gun to my head. These are prices in literally the most dangerous area of Columbus. Who is paying for this garbage; it's not like the houses are even nice enough or have the bones to rejuvenate like they do in the hoods downtown. The people living here (prior to the increase) can't afford half what these homes cost. This is the type of place where stray bullets fly through windows and kill children. Don't let the Kroger deceive you. That's a bad area.






Idk I felt like ranting but also what the fuck people?!

Tldr: this was all a joke. Go buy a lifted truck and pimp that ride.
Dec 23 2021 4:51AM
23 1
profile picture
Abomber22
Posts: 3053 - Karma: 5,254
Checked for fun.... you're a day away from the pow




LonelySo uh, how hard is it to buy a house/live in japan? My Japanese is pretty bad but fuck man for those prices and that japanese snow I'll be spending 12 hours a day on duo lingo
Jun 4 2022 12:13AM
1 0
profile picture
WoFIowz
Posts: 9788 - Karma: 72,405
Abomber22Checked for fun.... you're a day away from the pow



I found a decent size apartment, new, at the base of a ski resort in Hokkaido for about $230k
Jun 4 2022 12:19AM
1 0
profile picture
mobadis
Posts: 406 - Karma: -3,484
LonelySo uh, how hard is it to buy a house/live in japan? My Japanese is pretty bad but fuck man for those prices and that japanese snow I'll be spending 12 hours a day on duo lingo


Hahaha they don’t want you period. Japan is for the Japanese, and they make that clear. 98 percent clear in fact. It’s honestly surprising they are able to get away with that in this era, surprised they haven’t been canceled.

The only way your gaijin ass is getting anywhere close to being able to live there for longer than a year or two is to marry a Japanese woman. And good luck with that when marrying a foreigner whose Japanese is third grade level is seen by the family as equivalent to suicide. Japan is also about the furthest you can get from the prevailing ski culture of smoke weed drink beer haha sex. I’d consider Chile or Bulgaria.

**This post was edited on Jun 4th 2022 at 12:53:34am
Jun 4 2022 12:52AM
3 5
profile picture
PacificRimJob
Posts: 24725 - Karma: 29,944
LonelySo uh, how hard is it to buy a house/live in japan? My Japanese is pretty bad but fuck man for those prices and that japanese snow I'll be spending 12 hours a day on duo lingo


See my post on the previous page. The hardest thing about buying a house in Japan is that you'll have a ton of bureaucratic paperwork to sign. Which is why if you live over here long enough, you get your own special stamp made so you dont get writers cramp by signing your John Hancock 47 times like youre an MLB player on fan appreciation night.


Also, here are some spots in Hokkaido, all close to skiing... obviously factor in the cost of a snow blower, as you'll need it.

Yes. That's right. You can buy a whole ass house in Japan for the same price as a USED Subaru.










**This post was edited on Jun 4th 2022 at 1:33:07am
Jun 4 2022 1:16AM
3 0
profile picture
PacificRimJob
Posts: 24725 - Karma: 29,944
mobadisHahaha they don’t want you period. Japan is for the Japanese, and they make that clear. 98 percent clear in fact. It’s honestly surprising they are able to get away with that in this era, surprised they haven’t been canceled.

The only way your gaijin ass is getting anywhere close to being able to live there for longer than a year or two is to marry a Japanese woman. And good luck with that when marrying a foreigner whose Japanese is third grade level is seen by the family as equivalent to suicide. Japan is also about the furthest you can get from the prevailing ski culture of smoke weed drink beer haha sex. I’d consider Chile or Bulgaria.


You are so fucking full of shit lol.
Jun 4 2022 1:19AM
8 0
profile picture
PacificRimJob
Posts: 24725 - Karma: 29,944
Abomber22Checked for fun.... you're a day away from the pow


Lol you do know that Niseko isn't the only place with snow in Japan right?

Jump on the Train and you can go from Tokyo to Nagano in under 2 hours. 2.5 hours gets you to Myoko Kogen. Most ski areas in Tohoku are all within 3 or 4 hours by Train from Tokyo.

I'd skip Niseko entirely and avoid the hoards of Chinese tourists. Even if I'm in Hokkaido.
Jun 4 2022 1:27AM
3 0
profile picture
Lonely
Posts: 6741 - Karma: 61,663
mobadisHahaha they don’t want you period. Japan is for the Japanese, and they make that clear. 98 percent clear in fact. It’s honestly surprising they are able to get away with that in this era, surprised they haven’t been canceled.

The only way your gaijin ass is getting anywhere close to being able to live there for longer than a year or two is to marry a Japanese woman. And good luck with that when marrying a foreigner whose Japanese is third grade level is seen by the family as equivalent to suicide. Japan is also about the furthest you can get from the prevailing ski culture of smoke weed drink beer haha sex. I’d consider Chile or Bulgaria.

**This post was edited on Jun 4th 2022 at 12:53:34am


No one asked. Go actually talk to some women my guy
Jun 4 2022 7:01AM
5 1
profile picture
r00kie
Posts: 5238 - Karma: 59,578
mobadisHahaha they don’t want you period. Japan is for the Japanese, and they make that clear. 98 percent clear in fact. It’s honestly surprising they are able to get away with that in this era, surprised they haven’t been canceled.

The only way your gaijin ass is getting anywhere close to being able to live there for longer than a year or two is to marry a Japanese woman. And good luck with that when marrying a foreigner whose Japanese is third grade level is seen by the family as equivalent to suicide. Japan is also about the furthest you can get from the prevailing ski culture of smoke weed drink beer haha sex. I’d consider Chile or Bulgaria.

**This post was edited on Jun 4th 2022 at 12:53:34am


Dolan?
Jun 4 2022 8:40AM
5 0
profile picture
Abomber22
Posts: 3053 - Karma: 5,254
Said it was for fun
DingoSeanLol you do know that Niseko isn't the only place with snow in Japan right?

Jump on the Train and you can go from Tokyo to Nagano in under 2 hours. 2.5 hours gets you to Myoko Kogen. Most ski areas in Tohoku are all within 3 or 4 hours by Train from Tokyo.

I'd skip Niseko entirely and avoid the hoards of Chinese tourists. Even if I'm in Hokkaido.
Jun 4 2022 10:01AM
2 0
profile picture
Lonely
Posts: 6741 - Karma: 61,663
r00kieDolan?


Possible. I was thinking maybe mtuhockey. Dolan usually posts some unhinged shit saying that someone, not him, but "someone" might want to come kill me whenever he comes back on an alt.

Haven't seen that from this account yet. I don't know if dolan could restrain himself for this long

For some reason he thinks I'm the one who banned him lol.
Jun 4 2022 10:40AM
4 0
profile picture
r00kie
Posts: 5238 - Karma: 59,578
LonelyPossible. I was thinking maybe mtuhockey. Dolan usually posts some unhinged shit saying that someone, not him, but "someone" might want to come kill me whenever he comes back on an alt.

Haven't seen that from this account yet. I don't know if dolan could restrain himself for this long

For some reason he thinks I'm the one who banned him lol.


The casual reference to suicide made me think Dolan. He tends to head that way pretty quickly.
Jun 4 2022 11:22AM
3 0
profile picture
PacificRimJob
Posts: 24725 - Karma: 29,944
Abomber22Said it was for fun

Haha sure, but the Trains are always more efficient anyway.

It's 8 hours by train as it is right now, but they are expanding the Shinkansen up to Sapporo through Niseko. By 2030 you'll be able to take a shinkansen to Niseko in about 5 hours from Tokyo, or less than an hour from Sapporo.

Pretty awesome and something that the USA should be doing to develop a lot of jobs and businesses in areas that would all of a sudden have high-speed interstate rail service.

We have to stop giving out these massive corporate subsidies to the banking industry in particular...
Jun 4 2022 11:47AM
4 0
profile picture
PacificRimJob
Posts: 24725 - Karma: 29,944
LonelyPossible. I was thinking maybe mtuhockey. Dolan usually posts some unhinged shit saying that someone, not him, but "someone" might want to come kill me whenever he comes back on an alt.

Haven't seen that from this account yet. I don't know if dolan could restrain himself for this long

For some reason he thinks I'm the one who banned him lol.

First I kinda find it hilarious that he thinks you're the one who banned him...



Secondly yeah... I find it difficult to believe Dolan could go very long without descending into his inane Germany fetishes while telling people to kill themselves...
Jun 4 2022 11:51AM
4 0
profile picture
mobadis
Posts: 406 - Karma: -3,484
LonelyNo one asked. Go actually talk to some women my guy


Hahahah nice cope. Ad hominem ad hominem. It’s all you intellectually bankrupt burnouts have left.
Jun 4 2022 5:00PM
3 2
profile picture
mobadis
Posts: 406 - Karma: -3,484
r00kieDolan?


Who’s that
Jun 4 2022 5:06PM
1 2
profile picture
WoFIowz
Posts: 9788 - Karma: 72,405
mobadisHahahah nice cope. Ad hominem ad hominem. It’s all you intellectually bankrupt burnouts have left.

Dolan lingo confirmed
Jun 4 2022 5:10PM
2 0
profile picture
T.L.
Posts: 4729 - Karma: 3,008
Times are tough but just remember, it's all your fault.
Jun 6 2022 9:38AM
4 0
profile picture
qazwsxedc34
Posts: 2955 - Karma: 2,135
We were but covid lockdowns saved 'us' : https://thephilosophicalsalon.com/a-self-fulfilling-prophecy-systemic-collapse-and-pandemic-simulation/
Jun 6 2022 8:57PM
1 2
profile picture
WoFIowz
Posts: 9788 - Karma: 72,405
🙄
Jun 6 2022 10:37PM
2 0
profile picture
T.L.
Posts: 4729 - Karma: 3,008
recession is good for you.
Oct 2 2022 5:43PM
1 0
All times are Eastern (-5)