/biz/ - Business & Finance

[Anonymous No.19548405]

>"muh stocks will perpetually increase in value"

>"muh shitcoins will perpetually increase in value"

>"muh meme metals will perpetually increase in value"

>PFTTTWHAT??? YOU'RE THINKING ABOUT BUY A HOUSE?! DONT YOU KNOW THE MARKET IS ABOUT TO CRASH??!

Why are rentcucks so fucking stupid?

[Anonymous No.19548436]

obligatory first post

[Anonymous No.19548461]

>>19548405
it's funny because usually it's the opposite. normies are afraid of buying into American companies with huge cash flows that grow every year and have liquid trading market s

instead they want to speculate on a box of wood and screws that had no cash flow (unless it's a rental you manage yourself). niggas be paying 6% interest for 30 years and think they are being a genius investor because they have "equity".

[Anonymous No.19548534]

>>19548461
>source needed

also
>6% interest

pftthahahahahaha rentcucks are so retarded

[Anonymous No.19548586]

>>19548534
go do the math to find out how much lifetime interest your paying right now. post it.

how were those escrow fees? up to date on your property tax? I'm sure you have insurance right?

so tell me friend. why should your house price go up? I suppose the value of the materials will inflate. what else?

[Anonymous No.19548608]

>>19548586
>taxes are interest
pftthahahahahaha woooow you are unironically retarded as fuck. post hand, beaner

[Anonymous No.19548632]

>>19548608
post total interest and house purchase price. I'll wait.

[Anonymous No.19548647]

>>19548405
fuck Maxx

[Anonymous No.19548655]

>>19548586
pic related

now calculate how much money you piss away on rent over 30 years

guess who has a bought and paid for home after 30 years :^)

(not you, rentucks)

[Anonymous No.19548676]

>>19548632
here you go>>19548655

post your rent bill. (you won't)

average rent in the US for a 2 bedroom is $1,100

so after 30 years youve pissed away *drum roll* $400,000 hahhahahahhahahhahahahhaahahhahahahahhahahahhahahahhahahahhahahhahahahhahahahhahahhahahahahahahahhahahhahahahhahahahhahahahahhahahha

[Anonymous No.19548694]

>>19548632
He'll never post it. housecucks are chained to their bad purchases and their cognitive dissonance prevents them from even acknowledging they fucked up. just ask a housecuck how much maintenance they pay, how much a replacement roof costs, a new furnace, kitchen refresh, etc. They will probably tell you that they pay no maintenance or something stupid. Next ask them about property tax, then insurance, then utilities, then the cost of their time spent shoveling snow and cutting grass. Finally, explain to them what opportunity cost means and what they would have made if they invested downpayment in SPY which returns 8-9%/year on avg. This kills the housecuck.

[Anonymous No.19548718]

>>19548655
holy shit. 80 fucking grand and that's a phenomenal rate.

so just so you know you don't have any "equity" until your 80k in. and of course all those other ongoing fees apply.

3 bedroom 725/month flat rate

[Anonymous No.19548727]

>>19548694
looks like rentcucks really lack reading comprehension

holy shit, there's only 9 posts ITT how the fuck do you miss the post lmao. low IQ as fuck

[Anonymous No.19548736]

Ah, yes. This is a old, timely tradition. The /biz/ virgin posting about his shitty house in bumfuck nowhere because he has run out of trap porn to look at. Any solid argument for renting will be met with a wAgEcUcK response.

[Anonymous No.19548744]

>>19548727
>thinks the only cost of a house is the mortgage

...... cognitive dissonance hard at work it seems.

[Anonymous No.19548753]

>>19548718
ok, your parents may have been inbreds who signed a loan where the interest is paid off before any of the principal is touched but normal human being dont do that sort of retarded shit

[Anonymous No.19548772]

>>19548744
he asked for "purchase home price and interest" lmao holy shit you literally CAN NOT read

you should really do some self-reflection on how absolutely stupid you are

[Anonymous No.19548796]

>>19548772
you seem a little high strung housecuck. you need to relax. remember if you lose your job during covid the bank will repossess your home and you will be left with nothing. great investment though :)

[Anonymous No.19548817]

Reminder that this guy is a larper and doesn't actually own anything.

[Anonymous No.19548833]

>>19548753
> falling for this sales bs

so... anon....they can tell you your dollars are in the equity column but your still gonna pay 80k extra

if you get forclosed on that "equity" will just count toward that total

>>19548772
> those other costs don't count
cope

anon why is there an entire industry of aggressive sales and marketing centers around selling you houses? if they just go up why don't they buy and hold houses?

[Anonymous No.19548943]

>>19548796
pfthahha just get #thwacked you dumb poorfag

[Anonymous No.19548973]

>>19548833
whoa cool, I STILL pay less a month than you do for MORE space, a BETTER ENVIRONMENT, and my neighbors arent 8 inches away like your lmao

oh, and after 30 years I have hundreds of thousands of dollars in equity and you dont have shit lol

your landlord thanks you

[Anonymous No.19549231]

>>19548736
>bumfuck nowhere
hahahahahahhahahhahhahahahhaa

meanwhile, cityfags:

[Anonymous No.19549869]

>>19548405
Don’t tell them anon, many of them are just angry or in denial. Bought my first house under FHA @ 95% LTV at 375 points over 25 years. It’s hilarious because my rent payment was roughly 13% higher than my monthly mortgage payment and I’m building equity. Just keep letting millennials think renting is superior anon, I plan on getting a few rentals in a year or so and need some retarded poorfags to lease it out

[Anonymous No.19550313]

>>19549869
kek, based