/biz/ - Business & Finance

[Anonymous No.19156339]

>Virgin Rentcuck
- Rent: $900

- Square Footage: 700

- Between 10 and 50 people live within 100 feet of him separated by paper thin walls

- """"invests"""" the $5,000 saved on a down payment, after 5 years it is worth $8,800 (12%/year gains)
==================================
>Chad Homeowner
- Mortgage: $700 (includes taxes, PMI, interest)

- $5,000 (3.5%) Down on FHA Loan

-Square footage: 1,300

- everything in a 100 foot diameter of center of house belongs to him

- saves the $200/ month on rent. After 5 years @ 0% return he has $12,000

- Decides to dab on the rentcuck and sell home and invest equity + savings

$12,000 + $10,000 equity (after closing costs/repairs) = $22,000 invested.

*after additional 5 years*

Rentcuck = $15,500
(5k invested for 10 years @ 12% return)

Mortgage Chad = $38,700 (22k invested for 5 years @ 12% return)

LMAO @ rentcucks and their """opportunity cost""" fallacy

[Anonymous No.19156355]

>everything must stay exactly as is in order for me as a home RENTER to make a profit.

good luck with that

[Anonymous No.19156386]

So we're at 0% interest with Boomers about to die off en masse, a Dem presidency, and an amnesty for (per Yale) 22 million illegals.

And you want to *long* real estate?

[Anonymous No.19156412]

>>19156355
>>19156386
reading comprehension of a rentcuck (read: jogger)

[Anonymous No.19156418]

>>19156386
Surely now's the time?

[Anonymous No.19156430]

>>19156412
>doesn't understand he doesn't own anything
>still doesn't understand debt and banks

must be rough for you

[Anonymous No.19156442]

>>19156355
>>19156386
$10k equity after 5 years on a $150,000 home is extremely modest.

you both are coping

[Anonymous No.19156463]

>>19156339
You've been making this thread every single day bro.

Are you convincing us or yourself?

[Anonymous No.19156486]

>>19156430
>paying a landlord more for less space for something you'll never own is better than paying a bank for something you'll eventually own
pffttthahahaha the absolute STATE of rentcucks

[Anonymous No.19156485]

>>19156412
>>19156418
The type of house a $700 mortgage payment gets you is either in a red state or an actual crack den.

In the former case you're either looking at federal retribution or outright civil war. If you're in a blue state crack den, you would see your quality of life plummet, even if expanded section 8 keeps the value steady.

[Anonymous No.19156520]

>>19156339
I wanna fuck her so bad bros it hurts

[Anonymous No.19156522]

>>19156486
why are you shilling cuck ?

[Anonymous No.19156527]

>>19156485
what city do you live in
>>19156463
took a day off yesterday. rentcuck IQ... can't remember whats happened in the last 24 hours kek

[Anonymous No.19156541]

>>19156522
why are you so upset, rentcuck?

[Anonymous No.19156602]

>>19156522
Probably a RE agent. Sales have plummeted.

[Anonymous No.19156604]

>>19156541
I am both
I own a home (outright) and rent one at the moment

but why are you shilling this, do you expect you bags to pump ?

[Anonymous No.19156606]

>>19156339
I don't know what dystopian hellhole you live in but my 1200 sqft condo mortgage is $320. Its in a city of 250k, I'm a first time mortgage borrower, and it's 15 year fixed.

I always hear about these tards in chicago renting studios for $1100 on 40k/year. Fucking morons.

[Anonymous No.19156645]

>rent
>not just buying into REIT

Why even bother with it? You're probably going to be throwing everything into the hands of a property management company anyhow. I never understood you landlord tards. I bet I make more doing fuck all holding SPY than this shit.

[Anonymous No.19156651]

>>19156463
He must be copeing. His housing empire is going to collapse

[Anonymous No.19156664]

>>19156386
>Boomers about to die off en masse, a Dem presidency, and an amnesty for (per Yale) 22 million illegals
If this is true the US is fucked for good

[Anonymous No.19156722]

>>19156645
>I bet I make more doing fuck all holding SPY than this shit.

CRAWWWWWWLING INNNNN MY SKINNNNNNNNNNN THESE WOOOOOORDS THEYYYY WILLLL NOT HEAAAAAALLLLLLLL

[Anonymous No.19156767]

>>19156722
Lol ok? Zoom out at least 12 years now. That's me.

[Anonymous No.19156768]

>>19156520
Get in line

[Anonymous No.19156796]

>>19156664
You can look up voting patterns by age and mortality/demographic stats. Trump's victory was 110k votes in three states against Hillary fucking Clinton. This links to sauce on the 22m figure: https://thehill.com/latino/407848-yale-mit-study-22-million-not-11-million-undocumented-immigrants-in-us

Trump really needed to get the lead out, but was probably just senile and thought this was the 80's.

[Anonymous No.19156844]

>>19156767
hahahahahahahaha are you 12?

JUST
RENTCUCk
THINGS