Somalis to protest against raising rents in Minneapolis.

[digaagjecel]

where do you live?
I pay $650 a month for a 1 bedroom 1 bathroom 1,000 square feet apartment here in San Diego which is cheap by California standards. I’m assuming you live in cali? Most apartments/studios in LA are around that price range that you mentioned.

I live in seattle, 1,500 for a studio in Capitol Hill.

 

[digaagjecel]

What city you in lol? I live free with grandma when i sold my BP house. I'm waiting for real estate crash before I buy a home again

Seattle bro

 

[Cerberus]

Seattle bro

Lot's of Somalis live there i heard

 

[digaagjecel]

Lot's of Somalis live there i heard

You should check out the west bro it’s nice

 

[Periplus]

Housing prices are way too high in Minneapolis these days

Nowhere near as high as Australia.

If we had American house prices in Australia, you will see even fresh grads snapping up homes.

 

[Cerberus]

You should check out the west bro it’s nice

I never lived Seattle but did live in Socal

 

[Nilotic]

Nowhere near as high as Australia.

If we had American house prices in Australia, you will see even fresh grads snapping up homes.

It's really terrible in Sydney; my family managed to buy a home by pulling together and the fact that we're all adults. We'll replicate the process until we all get homes.

 

[freedomrider]

is very simple saxib, supply and demand. As the price of rent goes up there should be more people building new apartments. Unfortunately, most zoning laws favor suburban housing which prevents higher density in an area. People who owns these houses restrict new development to protect their property value.

good video:

 

[Periplus]

@ Americans on this thread.

The average house price in Sydney is 1 Million USD.

Australia house prices soar at 'unsustainable' rate

Six state capitals have seen record prices for the third quarter in a row, the survey said.

www.bbc.com

 

[Periplus]

It's really terrible in Sydney; my family managed to buy a home by pulling together and the fact that we're all adults. We'll replicate the process until we all get homes.

Sydney’s prices are too damn high but people seem to making profits.

I have been renting apartments in the CBD/Eastern Suburbs for the time being. Probably not buying a house for a few years unless it’s an investment with my siblings or friends.

My parents own a house interstate which they’ve had for a decade now.

If they sold it now, they would make serious cash in this market lol.

 

[Bundasliga]

I hate to say it but Islam’s stance on mortgages is severely handicapping Muslim immigrants from acquiring generational wealth via property ownership.

Imagine if these Somalis have bought property 10-30yrs ago…..they would all have either been full owners with no debt or have significant equity capita to downsize. All the other immigrants have no issues getting mortgages.

And you know what the strange thing is…….out of all the Muslim communities is my experience Somalis are the most averse to taking bank loans/mortgages…..the arabs where I live/Turks/Pakistanis have zero issues. I’m sure there are individuals who don’t for religious reasons. But on a community level they have no qualms about mortgages.

Where I'm from most arabs are on welfare or live paycheck to paycheck & renting.
American diaspora Indians,paki,arabs are rich or have business it's rare to see them struggling. They get there & immediately have a business even refugee Yemenis take over the corner shops . Somalis are literally like madow Americans .
Gangs ,single motherhood, drugs ,low earning jobs etc.

 

[IPushFatKids]

Where I'm from most arabs are on welfare or live paycheck to paycheck & renting.
American diaspora Indians,paki,arabs are rich or have business it's rare to see them struggling. They get there & immediately have a business even refugee Yemenis take over the corner shops . Somalis are literally like madow Americans .
Gangs ,single motherhood, drugs ,low earning jobs etc.

what city?
And what type of arabs you talk about?

where I’m from it’s mostly Lebanese.

 

[bidenkulaha]

Sounds like economic development. Mashallah. Somalis are progressing.

 

[Basra]

Inflation is about to happen. Or World War 3

 

[Bundasliga]

what city?
And what type of arabs you talk about?

where I’m from it’s mostly Lebanese.

All kinds of arabs north Africans are little thugs they move like Somalis, Lebanon & Palestinians are in family clans the wannabe mafias .
Paki ,indian,turks are working class people

All the criminals gave something incommon they come from war torn countries & are refugees .
Thats Somalis biggest problems most of our diaspora are poor refugees & start at the bottom

 

[faarax_mn]

Try live in the UK, these people rents are cheaper I lived in the US before.

I don't care how bad it gets I'm never moving to the UK

 

[Periplus]

You can't in this hot crazy expensive real estate market.

Expensive kulahaa

Americans and complaining about cheap house prices.

 

[faarax_mn]

Expensive kulahaa

Americans and complaining about cheap house prices.

Lacag noo soo dir, if y'all are so rich

 

[Periplus]

Lacag noo soo dir, if y'all are so rich

Not rich bro.

My point is that Americans protesting about house prices is tone deaf.

The average house price is 325K in Minneapolis.

That’s a 32,000 deposit which can be saved by a family with two or even three incomes.

 

[faarax_mn]

Not rich bro.

My point is that Americans protesting about house prices is tone deaf.

The average house price is 325K in Minneapolis.

That’s a 32,000 deposit which can be saved by a family with two or even three incomes.

Inshallah I will buy a house in Minneapolis