/biz/ - Business & Finance

>>19415490
>$350000+ for a decent home in my area.

I'm good dawg...

>>19415490
$300,000 plus tax plus tip

>>19415532
Don't forget about closing costs. Paying money to be able to buy a house.

JUST BUY A MCMANSION IN BUMFUCKVILLE AND PAY THE MORTGAGE PLUS INTEREST FOR 30 YEARS BRO LMAO

>>19415518
It'll be half a million in a few years. Might as well get the gains. Buying a house is how you take advantage of massive inflation because if you don't your rent will just shoot up every year and your wage probably won't go up by as much

>>19415613
SEETHING CALIKEK

>>19415490
Imagine owning an asset that is landlocked and you dont really own anyway. Go ahead anon, stop paying your property tax. Go ahead anon, rent out to some deadbeat. Go ahead anon, dont rent out your house.

hope the neighbors aren't being to loud this Friday, rentcucks :^)

>>19416287
>you dont really own anyway
i own it enough that i can sell it when the rentcucks finish paying off my mortgage

>>19416353
IF, anon. IF he finishes paying out your mortgage. Dont count your chickens until your eggs hatch.

>>19416353
>pretending to own an investment property

lmao you eat tendies in your bedroom fuck off

>>19415490
Theres really no good houses in my area, all of them are either 40k and below fixer houses that have been ransacked by the local joggers or 500k+ with all house and no land. I have my eye on one that has been on the market for about a year now, 30 acres of timber, 2 ponds, and a 3 bed 2 bath 1500 sqft house for 230,000. I really don't want to take a loan on the house though and would prefer to pay cash, but I am currently 180k short not including investments. I'm kinda hoping that it will still be there in about 3 years when I'm projected to have the cash, but I know it wont be so I'm not getting my hopes up.

>>19416366
there's always another rentcuck to pay the mortgage

>>19416377
i'll be inheriting 10 million current value properties right about the time you and your seething rentcuck friends finish buying them for me

>>19415490
So get this, rentcucks

the interest I pay on my loan?
Tax deductible

Property Tax?
tax deductible

all of that is factored into your rent and you dont get to write off DICK.

you rentcucks are one degree away from literal slaves

>>19416432
>interest tax deductible
only a percentage of the interest is tax deductible, you still pay more money

>property tax tax deductible
only on commercially zoned buildings, even a residential being rented out does not qualify

>>19416432
JUST WAGEKEK AND PAY INTEREST FOR 30 YEARS BRO LMAOOOOOOO

JUST PAY THE MORTGAGE ON YOUR INVESTMENT PROPERTY WHEN YOU TENANT REFUSES TO PAY AND YOU CAN ONLY EVICT HIM AFTER 6 MONTHS IN COURT LMAO

mortgage holders will get recked in the next 10 years

>>19416465
Can't you also deduct mortgage payments too (up to a certain amount)?

>>19416432
1. I currently rent and I write off a plurality of my apt's sq footage (independent contractor), but
2. am strongly interested in buying in the next 12 mo's... but I will say anyone who bought in the last 2-3 years probbbbably bought the top, as the housing market is a lagging indicator and will follow the absolute decimated economy down (-5% GDP, very slow recovery over next 2-5 years), just like in '08. Forbearances are quietly approaching 10%, and from my own Zillow searches, a LOT of current and new listings are in pre-foreclosure due to loans defaulting in late '19.. Housing valuations are certain to fall. Very much looking forward to lowballing distressed sellers in the new buyer's market.

>>19416391
You fuck. Save big for another month or two and then do a 15-20% down payment

>>19416465
>only a percentage of the interest is tax deductible
30% is still better than 0%, rentcuck

>you still pay more money
lol, wrong.

>only on commercially zoned buildings, even a residential being rented out does not qualify
pic related you stupid kike

>>19416482
30 years renting @ 900/month
> - $324,000

30 years renting @ 900/month mortgage (including taxes/interest)
- $324,000
+$250,000 in equity

> - $74,000

dumbass rentcucks hahahahahahahaha

>>19415518
Do you think that 350k just disappears after you pay it. Cuz I can guaran-fucking-goddam-tee you, that monthly rent does. Now extrapolate that over 20-30 yrs, and think about how much money youve pissed away. Think about how much generational wealth youve denied your offspring.

Enjoy living in fkyover land making 60k a year.

YOU CAN GET BELOW 3% INTEREST RATES ON A MORTGAGE RIGHT NOW

INFLATION IS AT LEAST 3% OR MORE SO THE (((INTEREST))) DOESNT EVEN FKN MATTER

LEARN ECONOMICS YOU MONGOLOIDS

>>19415490
this constant "BUY A HOUSE" shilling is getting old and stale. "rentcucks" this and "mortgage" that. what is with this inorganic bullshit? i'll buy a house when I'm good and ready. fuck off with your boring spam.

>>19416821
It's just some loser coping with the fact that he has to live in some flyover state earning less than six figures.

mine will be paid off in a couple more years

planting a couple more trees in the yard tomorrow before it gets hot; will soak the lawn a bit for the grass to thicken up

feels good man

>>19416637
why? lol

im already saving 80 percent of my income. I make 50k a year and over the past year and a half I've managed to put 50k in cash and 15k in a dividend portfolio. I can't really save much more than I am now. A loan isnt worth it

>>19416835
R E N T
F R E E

hahahahahahhahahhahaha I'm not even OP. dumbass rentcuck, how mad are you rn?

>>19416996
you forgot to turn off your proxy

>>19417035
and you forgot to take your meds AGAIN

>>19417041
Why do you use a new id for every post you make?

You know we are at the top again when the ''buy a house'' shilling starts

>>19417077
I have two, you stupid fuck.
one wifi
one mobile data

how new are you? or is this concept incredibly hard for your little rentcuck brain to grasp?

>>19417090
Oh, so you're one of those retarded mobileposters. And don't even know how to connect your mobile phone to wifi And make under six figures. Sounds like a great life.

>>19416113
It might also be 200k in a few years dumb fuck. You do not buy a home to make money.

>>19417110
> so you're one of those retarded mobileposters. And don't even know how to connect your mobile phone to wifi

yet this >>19416996 and this >>19417041 have 2 different IDs, so one must have been connected to wifi.

you are incredibly stupid, even your insults radiate the thought process of a disabled person. you're def a nigger of some sort

>>19417195
So you post ONLY from a phone? That's even more sad. Poor flyover boy can't even afford a computer but at least he doesn't pay rent!

>>19416465
how much of your rent is tax decuctable?

>>19417218
pffttthahahaha you're literally sitting in an office chair at a fucking desk posting? hahahaha pathetic
cope

>>19417269
Why are you using someone else's image? >>19102274

>>19417294
hahahahaha cope more poorfag

>>19416414
Not, not always. And now even less chance, recession and all

>>19417246
Obviously none but a fractional tax writeoff doesnt compensate 30 years of debt slavery when i could just keep renting for 3 more years and buy my forever home in cash, immediately having 100 percent equity, allowing me to divert the rest of my income to my portfolio rather than the banks interest

>>19417363
opportunity loss always outweighs the interest paid on a loan

congrats on being retarded though

>>19416740
The exact opposite of this is true. You do not understand how money works. Buying a home to live in is a luxury, not a sound financial decision. Quit spreading this retard bullshit.

>>19415518
>Thinks they are entitled to top tier house as their lentry level property.

This is the mindset that will keep you poor. For fucks sake, buy what you can afford that will let you avoid rent payments, even if it's a trailer or in the projects. Then after 5-10 years of saving rent and building equity you turn it in for an upgrade. Repeat 2-3 times for your decent house.

>>19417421
The house is nice but its not THAT nice. All 30 acres are woodlot, no tillable, meaning it is entirely recreational ground with no income unless I were to put in countless man hours clearing it. The house requires a lot of work, and isn't as large as I would like, I would need to add at least another 800 sqft so thats another 50k at least to do. One of the ponds is an old cattle pond and needs to be drained, redug, and refilled to be of any use. There is no real opportunity cost here. If I were to buy this property leveraged, all of these improvements would then also have to be done leveraged putting me in a worse and worse position. I can easily avoid that buy buying the property in cash, and if it isn't then I will now have 240k I can use to buy whatever the fuck house I want that comes available.
Hell, at that point, I might even check tax maps and find a tract of land I like, and send a letter to the owner asking if theyd be willing to sell for a cash offer.
You're only a rentcuck if you rent forever and cant manage your money. My rent is simply buying me time to have a fully paid for house in 3 years vs 30.

>>19417483
PMI, mortgage, closing costs > rent
just let niggers tear down the country and buy cheap afterward

>>19417443
my parents bought a house in california for about $400k it was worth a hair over $800k when they sold it. if you have taken the redpill and gotten married to a decent woman and the second redpill by understanding why kids are a necessity, then the long wait for the house to payoff wont mean shit

if these riots have taught me one thing it is that my gut feeling to move into the woods is 100% correct and I am going to make a call to a realtor tomorrow

imagine being tied down to one place in ur life, not knowing that you can get asscancer tommorow and die, so like material possesions means something l o l. imagine living in one place permantly forever xD

>>19415490
Imagine not living in a small apartment or room in NYC and choosing to live in some hick midwest shithole just so you can get a big house that you don't need. Fuck off rube you fell for the house buying meme

>>19417123
It is a guaranteed fucking fact that homes will go up in value in dollar terms because of inflation. The real estate bubble is not US wide, it's just a few select meme cities. Everywhere else the homes are going to keep climbing.

>>19417483
On a half million dollar house, sure that could be true. But not on a trailer park lot, project, or hell just buying a plot of land and parking a $10,000 used RV or Mobile home on it.

>But why would I want to live like that?

Bitch, thats the sacrifice you have to make to be a home owner on your under $20 per hour job. As you get older you'll be able to afford more, and in 30 years you'll have own a nice house and be the boomer your kids generation are complaining about.

>>19418027
This was for >>19417534

imagine buying at the peak of RE bubble

>>19416113
Buying productive assets like companies is how you take care of massive inflation.

If I have a million it makes more sense to rent and use the rest of money to invest into stock and earn dividends and compound growth instead of buying a home. A house does not compound. It might only keep up with inflation, but there is no mathematical guarantee that real estate "will always go up". Your house depreciates over time, requires maintenance. Stocks don't do this and are way more liquid.

So I see the argument for both sides desu.

You could say "but, m-muh mortgage"... ah wait, mortgage actually makes more sense then UNLESS you not planning to stay in your location or have very unstable job.

>>19416770
so because of that I shouldnt buy a house? i dont get the reasoning

>>19416719
The reason people rent is:
- Don't have enough money to buy first buy-in sum money down
- Aren't sure they will settle for life in particular location
- They have a way better opportunity to invest the money down in some other venue

Any other reasons?

I'm neither rentcuck nor mortgage-cuck. I never in my life take loans from jew bankers, so I was forced to figure out a way to become a millionaire and buy my property with cash.

>>19416719

Where's the downpayment?
Who said you have equity after 30 years? Your boomer parents? GL.
Inflation adjusted your equity is worthless.

>>19418549
>Renting is the only prudent option unless you net worth is well over $1m and/or you have a solid business that makes you a great return and want to diversify into something less risky as a wealth holding piggybank like the chinese do.

If neither of these apply to you, you are an idiot and a boomerbox bag holder.

>>19416336
This is what I don't understand about people that agree to buy half a house. One side is theirs, the other belong to someone else.

WHY WOULD YOU DO THIS. It's rentcuck time but you bought it.

I live in a big city but also in a house with a nice garden. Just 20-30min with public transportation to the central city. When I rest in my garden i can only hear the birds.

The house is not in the best conditions but the "luxery" of owning your own place is something I dont wanna miss.

>>19415490
I have a home office and use 1/4 of my home for storage of inventory and samples.

my business buys my home. It's one of the perks of having a company that actually makes money. A foreign idea to /biz/

>>19415490
SUTER stakers know how it feels to own your own home

>not owning your own home
>not renting it out and living in a cargo container in the back yard

>>19417672
>Nooooooooo what about my hecking travellerinoook???? Not the hecking dynamic relocationinooooo

Off yourself millenial pussy.

>>19419646
To be fair, if i Made It(TM) young enough I would consider converting a municipal bus into a home and bring a motorcycle on the back. Would be a cool way to see the States.

I'm buying early next year, any house chads wanna give me the rundown on how to get the best price? I've heard a -5% offer in favorable markets is generally reasonable enough to usually be accepted but anything over caries disproportional risk.

>>19420408
Depends on the area. I just bought my first home. The area i'm in, you basically have to come in 5% over. I did that and luckily the property got appraised for another 5% over the 5% extra I bid, which was nice.

I could take this same money, drive 2 hours east, and could come in probably -10% less than asking and probably wouldn't have a problem.

>>19420778
Thanks anon and congratulations.

>>19420804

I also want to mention, in the area that we have to come in 5% over, you also have to be willing to basically put in an offer for the properties you look at same day. The average house is on the market here less than 2 days. My house that I bid on was on the market less than 24 hours.

I lost 2-3 bids before I found the one I got, which happens to be the one I loved the most, so win win.

>>19415490
>1 post by this ID

wait are you telling me that this thread wasnt made by the real estate shitposter?

>>19416719
>>19416670
>>19416432
>>19416336
wait nevermind there he is

>>19420858
yes maybe that has something to do with it houses here in north brisbane sit on the market for a few weeks by the looks of things and I have been told that offering -5% is pretty standard.

>>19416336
here's a slightly improved version, friend.

>>19415532
>plus tip

Amerimutts are fucking retarded

City sent me a $4000 bill for repairing cracks on my sidewalk last week. Also I’m getting quoted $3000 to repaint the exterior by some Mexican. Houses are expensive and I don’t think millennials should buy since they probably don’t have the money just siting in their bank to pay for maintenance costs.

>>19421241
My rent is 1464.-€.

>>19421241
Forgot to mention that the county is debating a special assessment to construct a new highschool that would cost me an extra $200 in taxes for the next 7 years. And since flyover states are retarded our county voted against setting up a Casino last year which would have paid for all of this shit without needing special assessments. TLDR: don’t move to white middle class suburbs, they just become a money sink to keep up the appearance of wealth. Just move to unincorporated towns in the woods

>>19421261
And this is why the average European is poorer than Americans

>>19418599
what a retarded post

>>19421330
It's in Munich, moving soon and then my pent will "only" be 750.

>>19421171
unfunny

>>19421338
Well at least it’s a city with SOUL unlike most Germanstan cities - Berlin, Frankfurt

My mum has convinced me to buy a house because my Aunt is separated from her husband but still living with him as she can't get a mortgage. I'm paying the deposit but my Aunt will be living in the house and covering the mortgage so it's basically free money while I still live with my dad for £250 a month.

>>19417363
>30 years of debt slavery

I don't get this retarded meme. My house has increased in value 10% YOY. I could sell this fucking thing this month if I wanted too, no problem.

>>19415490
>start the payement
>a wild jogger appear with a molotov

you're all going to inherit these profits you hypocrite plebs. you're all paying into eachother's retirements. it's only those among us whose parents didn't buy who are fucked.

>>19421636
Yeah. I inherited a decent chunk of money after the handling of a parent's estate, but now I don't know what to do with it because everything looks like some type of scam.

You think it's good to buy a place to live? What's the point then because you "profit" from your parents buying but then you lose because you have to pay for the inflated cost of housing anyway. All you did is shift it around.

>>19421535
right so you sell for 10% gains, is that even enough to cover all the closing costs and fees/taxes? howbout when the market dumps, what then? muh it wont dump its propped up by the mafia.

have a sceptic system? tens of thousands in repair if the tile gets fucked up. roof leaking now u need a roof/ interior ceiling? 10k. tree roots grow into your pipes? probly another 10k. a/c goes out? 5k plus. basement floods? epic windstorm fucks ur siding? garage door goes out? animals get in ur attic? plumbing fucks up? repaved driveway costs? gotta repaint ur house? now u have to pay for lawncare or do it urself. its all a big fucking racket scam that boomers invented. everyone with their little fucking fake painted fuckhole shitboxes just keeping up with the joneses.

id rather pay 10k a year to just live my life without all the pointless responsibilities and extra expenses/headaches. i do whatever the fuck i feel like and i never have this mental checklist of like, what needs done on the house? people dont really think about all the dumb shit you waste time and money on when u have a house till u have one. all that headache is basically rolled into my rent.

Why would anyone buy a condo as a first home? I'm starting to see it a lot in my area and don't understand.

>>19421746
ATTENTION RETARD: WHEN YOU RENT AN APARTMENT, YOU ARE PAYING THOSE SAME FUCKING COSTS. YOUR LANDLORD IS NOT RUNNING A BUSINESS AS A CHARITY. RENT COVERS ALL OF THOSE EXPENSES -- MORTGAGE, INSURANCE, PROPERTY TAXES, MAINTENANCE, CAPITAL EXPENDITURES, ETC. -- PLUS A PREMIUM CALLED YOUR LANDLORD'S PROFIT. YOU ARE LITERALLY PAYING ALL OF THAT SHIT PLUS HIS PROFIT, YOU IGNORANT FUCKING MORON WHO IS UTTERLY INCAPABLE OF THINKING AND DOING SIMPLE MATH. YOU ARE A COMPLETE FUCKING RETARD AND THIS IS WHY YOU WILL DIE POOR, A MISERABLE FUCKING MORON RENTKEK PAYING A LANDLORD $1000/MONTH+ RENT UNTIL THE DAY YOU FUCKING DIE.

I want a bungalow, I think.

>>19421761
My dad bought one in Ingolstadt, Germany for 100.000.-€, it's now worth 200.000.-€.

>>19415490
>Bought a house in bumfuckistan, USA
>Remote work under 6 figures
>600/month mortgage
>Not living in rioting Calikek/Kek York

Feels good man

>>19421819
absolutely based. i hope work from home becomes a stable of office life in america. i want to move back to my 98.4% white home town where you can buy a nice house for $150k with $2-3k/yr property taxes.

To be honest, we should start tipping our landlords for not throwing us out during the lockdown. It's the only fair choice

>>19421746
>have a sceptic system? tens of thousands in repair if the tile gets fucked up.
no, i don't live in a 3th world country

>roof leaking now u need a roof/ interior ceiling? 10k.
brand new home without flat roof so very little risk of leaking, if it leaks its guaranteed by the builder for a few years

>tree roots grow into your pipes? probly another 10k.
imagine buying a modern home next to large tree's

>a/c goes out? 5k plus.
imagine living in a shithole which would have been a desert if it wasnt for central planned neighborhoods

>basement floods? epic windstorm fucks ur siding?
imagine having an incompetent government, state. you should look into the area before you buy it

>garage door goes out?
imagine needing a garage, you don't have enough parking space before your home?

>animals get in ur attic?
imagine living innawoods

>plumbing fucks up?
imagine not knowing how to do basic plumbing maintenance

>repaved driveway costs?
you shouldn't have a big driveway in the first place

>gotta repaint ur house?
Imagine living in a literal wooden house

>now u have to pay for lawncare or do it urself.
now this is the comment that makes you really look like a fucking fat lazy fuck. this is the thing i enjoy the most myself

>its all a big fucking racket scam that boomers invented. everyone with their little fucking fake painted fuckhole shitboxes just keeping up with the joneses.
seems you just made bad choices yourself m8, no need to blame responsible home owners

>>19421840
>>19421819
Based as fuck.

I'm looking for the remote life too, but making >6figs near NYC.

>>19421884
>>19421840
Hopefully the time comes for you guys here soon. Wasted too much of my life driving in city traffic and waiting at bus stops. Saving 6-8 hours of my time not having to do that shit and saving money not paying meme city real estate values. Good luck anons

>>19416366
some people just are not meant to accumulate wealth.

>>19415490
Lol i wouldnt buy that garbage 0iece of shit built by illegals. Real men build their own homes

I know I should save for a nice house. Living with my gfs at my parents. We have 50 grand saved up and that just scratches the surface to buy a good home in a good area in NJ. My parents fucking suck so much ass they fight constantly, baby my little brother so hes useless, and are anal about most things. I almost would rather be a poorfag and rent until we have enough saved up

>>19415518

Same. Literally anything under $200k in my area is a shack that's falling apart. My annual income is $50k. How the fuck am I supposed to qualify?

>>19415553

Lol yeah. Its $5k to $10k just to buy a home.

Ain't life in America great?

>>19415490
Is this cope because there's going to be a minor housing crisis but overall home demand is going to be depressed for a very long time until the housing market capitulates and all the retards that bought at the top are broken into pieces when the deflationary pressure acts on their local market?

Seems like that kinda cope.

I make 90k/yr living in Pasadena, CA.
How much would I need to save to buy a house here? Should I be maxing out my Roth and putting $500/mo on my brokerage account or should I prioritize saving up for a place?
Currently paying $1000/mo rent. Any advice is appreciated.

>>19422815
>smart enough to make 90k a year
>too stupid to come up with a financial plan
bruh moment

>>19422815
>90k per year
>1k rent
>lives somewhere relevant
I gross the same salary, pay the same rent, and I live in a boring suburb in utah.
I swear to god I'm living this ridiculous shit hole this year. Unfucking real I'm so tired of this overpriced circus show.

>>19422815
Smart renters are ALWAYS looking for a lower rent. We can move into a shared rental and keep rent very low. I pay $650 mo for a 2 bed and save approx. $1000 to $1200 EASY each mo.

I can't wait until next year when all you AirBNB wanna "investors" lose your overleveraged asses when 1/3 of the US doesn't have a job and all their gibmoney runs out

>>19415490
imagine paying to live somewhere, all I have to do is pay a few month's rent and then squat for a free year, rinse and repeat, stay mad cucks

>>19423335
>he thinks the gibmoney can run out
BRRRRRRRRR

>>19423347
Imagine paying to live somewhere, all I have to do is to loot your neighborhood and lit your house on fire and use the excuse of racism.

>>19416465

> own rental
> buy new sink, say for the rental
> put in own home
> write off

Fck off rent cuck.

>>19423520
>>19423520
Foolish "landlord" talking about scamming the Gov for a sink.

You are the MOST PATHETIC post yet!!

>>19415490
>not living in your parents home putting all your income into shitcoins
NGMI

>>19417672
you can buy more than one house, silly

>>19416740
>waste your entire life savings in some home that can get infested with multiculturalism crashing its price instead of putting it all on BTC and index funds and be rich in 5 years.

>>19417756
If a McMansion costs 350k it means its in a shitty place that will continue getting increasingly shitty thus lowering price because no one wants to live in shitty areas.

iliquid clusterfuck from hell.

Buy BTC with 350k and be rich as fuck in 5 years vs wagecuck for life with muh shitty house

>>19423952
>just be rich bro

>>19415518

Same for me , nearly half a milion € for a decent house around my area.

>>19417483
This is retarded. You can just live with your parents and have 100% savings and buy a better house long term. Just lol at paying to live in a shithole.

But nontheless if you are't rich buying a house is retarded. Just inherit and save 100% aiming at passive income + agressive investments to make it before you are decrepit (BTC)

>>19423963
There's no certain way to become rich in this way but working really hard.
>Investing in is not going to make you rich in a time-lapse of 5 years.
You should be re-thinking what're you doing to make it anon.
Good luck.

>>19424269
My parents don't have a dime to their name. They don't own a house. My dad's retirement plan is to move to costa rica with his miniscule military retirement. I'll never inherit a thing. The only way i'm ever making it is if I do it myself.

Buying is just free money at this point. 30 year mortgages are now at <3% while real inflation (not gov. manipulated CPI) is >10%. So the fixed payment and no rent increases will pay for the down payment itself after just a few years. Any equity you have in the house is just gravy. And if anything will grow at the historical 6% average, which with 5-10x leverage of a typical mortgage kicks the shit out of any returns you'll get buying stocks. We are talking at least 30-60% real returns on that down payment, while the S&P500 averages 10-15%.

>>19416872
Are U 70 years old

>>19424355
>There's no certain way to become rich in this way but working really hard.

>>19424412
Then you have even higher incentives to gamble on agressive shit aka life savings in BTC

Unless you luck out and create some sort of meme that becomes viral and gets you rich

Working in the classic sense is a scam

>>19424414
After corona:

In 6 months the Real Estate market will be oversupplied. 6 months after that even more houses will be on the market. Then boomers will be dying and downsizing and that will create even more of an oversupply. In June of 2021 owners will be UPSIDE DOWN........

>>19424414
Yeah lets get in debt for decades because muh fixed payment cannot be outjewed by governments, the situation surrounding your home cannot get multicutirezed thus crashing the value of the home etc

Buying houses is a scam unless you are rich and can buy nice condos in isolated elite bubbles

>>19424634

Doesn't matter if home prices go to zero. Fixed payment alone is worth is it. Anything your house is worth at the end is just extra free money.


>>19424650
>Yeah lets get in debt for decades because muh fixed payment cannot be outjewed by governments,

That is exactly what rent is lol

>>19415490
>buy a home
>100k downpayment
>on avg homes appreciate 1%/year over last 100 year period
>too afraid to take risk in careers since have huge debt

>rent
>invest downpayment in SPY
>make 8%+/year return on avg
>take out low interest LOC and invest it as well to replicate mortgage leverage
>retire on avg 15 year earlier than home cucks
>move to new cities easily when better job offers arrive. on avg make 50% more than home owners

Are home owners all morons? They do things that media tells them and they are too stupid to do basic math...

>>19421870
ok so according to you the only proper criteria for a house are: connected to city sewer (non rural), brand new, no trees on the property, in a place that doesnt go above 80deg, no garage, small driveway, not made of wood, tiny gravel driveway, not near any wooded areas. sounds like shit anon. also no im not a fat lazy fuck, ive just done enough landscaping in my day to know its a waste of precious time. cuck work. a real based person would have some sort of permaculture setup. homeowners are just a different type of ponzi slave.

>>19424720
>it doesn’t matter if home prices go to zero

Anon, I am with you that owning a home beats being a rentcuck but this is an absolute brainlet take.

hom-os gonna loose they ass again!

sad when they rent they house out below the mtg payment cause they afford the payment.......

CORRECTION:
hom-os gonna loose they ass again!

sad when they rent they house out below the mtg payment cause they CANT afford the payment.......

>>19421769
het faggot u seem a bit triggered. check this out, the last place i rented i split an 800$ rent with my gf. i did the usual homeowner yard shit but only paid 400/month myself. i was looking to buy a house, but shopping for houses in the area i realized my property taxes alone would be 800/month....
also if ur a cheap fuck like my landlord was, youl end up with a house thats falling apart, most new stuff is designed to break at a certain point also. while i was there he paid over 15k in repairs (being cheap) and that shits probly gonna break again in 5 years.

i only paid him 4,800 a year to live there and i lived like a fucking king. i also was able to invest my spare money in link at .20c and make way better returns than the housing market. so get fucked

>>19424720
>That is exactly what rent is lol
Rent which I dont pay because I live with my mom

>>19421802
that doesn't answer my question

>>19424779

I'm saying having a fixed payment for 30 years eventually makes your cost of living trivial after about a decade. You'll save so much without rent increases even before you take into account equity you build.

Honestly if you're still living in some dumpy ass apartment past 30, you're fucking pathetic.

>>19425336
Anyone still on here past 30 already knows they're pathetic

>>19425356
Just turned 30 last month. Been posting here since I was 14. I'll never leave.

>>19421746
+10% in addition to the 100 grand of equity ive already built up in the house?

Yeah that sounds great actually.

>>19425336
I am and I live with my parents

imagine giving your hard earned gains to either landlord jew or mortgage loan jew

>>19416719
Except you forgot that rent payment goes up 3-4% a year meanwhile the home owners house is worth 3-4% more.

>>19423870

> implying it's just a sink

Is this real life or just fantasy?

>>19421769
were u at NIGGA???? prolly fixing a toilet or sprinkler or water heater or painting aint u NIGGA?????

>>19425743
come, come, now NIGGA?
post ur assets in 1 minute or you are a FOOLISH NIGGA!

>>19425737
and your taxes, insurance, maintenance, elect, water, sewer, garbage etc..... eats up EVERY DOLLAR!

>>19415490
yeah dude, it sucks

>>19415490
>i posted it again

>>19415490
Consider renting the house. You don't want to get screwed over by government policies that end up turning your neighborhood upside down.

>>19424746
>They do things that media tells them
The media goes out of its way to discourage home ownership. What are you smoking?