I literally cannot understand why people rent

[Anonymous No.56642106]

Becoming a homeowner is within the grasp of almost everyone. Anybody can live frugally for 2-3 years and saving enough for a down payment. I literally cannot comprehend how anybody in the adult workforce for more than five years is still renting, it can only be explained by a lack of intelligence or willpower.

I know what you’re going to say, 'But I want to spend money on Funko Pops or DoorDash.' Have you ever heard of delayed gratification? You can have 3-5 years of living somewhere shitty and eating ramen then take comfort in being a member of the land owning class for the rest of your life knowing both economics and the government heavily favour you.

[Anonymous No.56642134]

>>56642106
>pays mortgage
>landowner
Bait

[Anonymous No.56642167]

>>56642106
Real Estate agent hands typed this.

[Anonymous No.56642172]

>>56642106
what if the government stops favoring you because so few people actually own homes anymore compared to renting?
what if rates don't come down and financing costs stay @9%+ causing financing to be too expensive? what if the government decides to raise property taxes in an attempt to fund it's own debts? owning a home and particularly buying now at the top is in no way a sure thing.

[Anonymous No.56642193]

>>56642134
Renter cope

In 25 years a mortgage owner is a 100% equity owner. A rentoid is still renting

[Anonymous No.56642203]

>>56642106
when you are in debt your whole life with a mortgage, the government can coerce you into doing anything. you will support trannies or else lsoe your job. you will take an experimental poison injection or lose your job. on top of this the bank is the real land owner, not you, you just take care of it for them like some kind of groundskeeper.

[Anonymous No.56642221]

>>56642134
>>56642203
She says she BOUGHT it retards

it means no more payments, its hers

[Anonymous No.56642236]

Every "homeowner" (debt slave) I know right now is having suicide levels of stress because of that ball and chain right now. I'm happier just buying Bitcoin.

[Anonymous No.56642238]

>>56642106
>dream house
>bland grey mcmansion utterly void of charm or personality
That is sadder than selling pictures of your body to perverts online desu.

[Anonymous No.56642245]

>>56642221
>it's hers
wait till you find out what happens when you don't give the government their share

[Anonymous No.56642309]

>>56642238
Anon, that "mcmansion" is nicer than anything you will ever own.

[Anonymous No.56642375]

>>56642106
sorry, we can't all be internet whores, some of us have to actually work for a living

[Anonymous No.56642618]

>>56642106
You will never own a property

[Anonymous No.56642666]

>>56642221
She actually didn't say anything about buying it, it says she moved in. >>56642193
DUDE just wait 25* years for your investment to mature. *30 years

[Anonymous No.56642688]

>>56642106
Good for her, I wish thots could take every penny that simps have, even for food, so the starve and die.

[Anonymous No.56642756]

I like to move around and don't want to deal with maintenance. I have the money to buy a house in cash, I just don't want to. Maybe I'll buy a condo eventually. Maybe.

[Anonymous No.56642780]

>>56642221
When she closed her OF account, she posted a pic of the money she had made from it in total - $70K.

[Anonymous No.56642811]

>>56642221
You'd be surprised by how many people think that signing into a mortgage = buying a home. No seriously, people are utterly retarded. Inb4 (((((((((((((equity))))))))))))))))))), vast majority of mortgage owners are 1 bad month from losing everything. Getting fired, losing a loved one or even a life changing bad could entirely bankrupt them.

Yeah bro but they own it, LMAO no

[Anonymous No.56642881]

>>56642106
Opportunity cost, nigger. I took my £50k house deposit fund and stuck it all into crypto. It will be one of the best financial decisions I ever made. I do intend to buy property eventually, though.

>>56642756
Based. Rent money feels like chump change when you have actual wealth.

[Anonymous No.56642892]

>>56642309
Honestly not true. I own an old villa in a rural village by the sea. I wouldn't trade it for that shitty grey box in the burbs. Cool projection though.

[Anonymous No.56642918]

>>56642221
>it means no more payments, its hers
LMFAO yo this has to be b8

[Anonymous No.56642939]

>>56642193
>In 25 years
Holy shit you've gotta be a certain type of stupid to think this is a good investment.

[Anonymous No.56642941]

>>56642780
Yeah, $78k. I think she was on a few months longer, so maybe close to $100k total over a year span. She deleted everything on twitter from her OF era lmao, oldest posts are from like dec 2021.

[Anonymous No.56642999]

>>56642941
Alright let's say 100k.
She throws a percentage down for the home, ontop of her opening a business.
Between mortgage and the business expenses (unless she took out a loan, which is the most probable outcome), I would imagine she's not even half liquid in the bank at most (sub 50k).
So in reality, she's still broke after OF.

[Anonymous No.56643042]

>>56642999
>She throws a percentage down for the home
If you look at the timeline she bought the house in april 2020, which was 1 month into her OF ""career"". Though I assume she had a regular job as well and was doing OF on the side.

The thot has a daughter now after "retiring" from OF, kek.

[Anonymous No.56643050]

>>56642106
Buying a house seems like a 30-50 year cycle. We are just now seeing the possible long term correction on prices. Boomers are exiting market in mass next decade. No buyers. Enjoy. The time to buy will be soon if you have decent savings.

[Anonymous No.56643054]

>>56642238
>>56642309
kek, more like a mcbungalow. /biz/ = 90% jeets and poorfags

[Anonymous No.56643066]

>>56643042
Oh then she really must be even lower than I predicted lmfao. I'm sure a lot of her OF cash was going straight to her mortgage.
I'm sure the daughter will follow in her footsteps in the future.

[Anonymous No.56643094]

>>56642106
I live frugally now and I still can't afford a house. If I were the type of person who could make money being a camwhore I would.

[Anonymous No.56643121]

>>56643094
Well seeing your ID, I can believe that.

[Anonymous No.56643131]

>>56642221
>bait
whenever someone says they bought something over a few thousand dollars, it usually means they financed it
see >>56642941


>>56642106
this was generally true before 2020, but inflation has unironically been 50-100% in total since then. it's still true for a lot of non-wage-slaves but it's becoming less true overall
in any non-decaying population center, without a multi-six-figure houshold income, you need to either have equity, a lot of patience, or forego a lot of other goals in favor of a house

[Anonymous No.56643164]

>>56642106
> can't understand
Because you're thick lad

[Anonymous No.56643180]

Houses have roughly doubled in price since 2010, a 20% ($40k) down payment in 2010 invested instead in SSO would be nearly $500k, invested into QLD would be over a million, I won't even bother telling you how much it'd be if you'd invested into BTC. Putting a significant fraction of your networth into a fucking cardboard shack ESPECIALLY if it also forces you to reduce your DCA into actual well performing asset classes is a one-way ticket to NGMIville.

The only practical escape from the wage cage is investing as high as possible fraction of income into assets that outperform monetary expansion, i.e. BTC or leveraged equities, everything else is a value trap designed to keep you on the wagie plantation.

[Anonymous No.56643203]

>>56643180
Houses aren't an investment, or at least shouldn't be. They're a place to live and raise your children. That's not something that be measured in money or % increases.

[Anonymous No.56643247]

>>56643121
lmao

[Anonymous No.56643257]

>>56642106
>government heavily favour you

[Anonymous No.56643270]

>>56642941
my goodness, a lifetime of humility and shame for 78k? That's disgusting and embarrassing. Shame.

[Anonymous No.56643329]

>>56642106
>sink your liquidity into taxable land you can't move around, goy
>while you're at it, pop out some goycubs to keep the ponzi running, you incel
Brought to you by the JEWS who laugh at people who own gold.

[Anonymous No.56643359]

>>56643329
>haha don't own land, goy
>and definitely don't reproduce, unless you aren't white then have 8 kids!
Fuck off.

[Anonymous No.56643377]

>constant yard work every week just to for the house not to look like shit
>dealing with moles and pests
>2000 sq ft. of surface to heat up and wipe the dust from
>building always corrodes and deteriorates and you need to replace roof and sidings and heater and all the Theseus ship shit
>30-60 min commute to work at rush hours.
>porch pirates stealing your amazon packages
>property tax, home insurance, maybe HOA
>you can remove any of the above points by paying more money to the point where renting is of the same price if not cheaper
fuck houses
houses work for high dopamine level people that are able to receive enjoyment out of dealing with all of the above, but those people can live in a barrel and still enjoy it as long as they did it on their own volition
if you have a white collar job, just rent next to your work place while you hold the position

[Anonymous No.56643386]

>>56642134
Idea is you get some rentoid to pay your rent and borrow 95% of the cash

[Anonymous No.56643442]

>>56643180
This guy gets it. House prices go up 20% in a year and normies go crazy. Meanwhile a good year for crypto means a 5-100x. You should only buy a house when it feels like you're spending a small amount of money.

[Anonymous No.56643449]

i live on a boat and it only cost me 50k, suck it housefags

[Anonymous No.56643488]

>>56642167

[Anonymous No.56643526]

>>56642881
Nice one same here
>£60k saved from tech job,
>£40k gift from parents for a house deposit
>Put it all into BTC at an average cost basis of $27k per btc

So fucking comfy rn

[Anonymous No.56643563]

>>56642811
You can smell the cope and seethe off this post

[Anonymous No.56643601]

>>56643526
Based. WGMI

[Anonymous No.56643719]

>>56643203
>you should ruin yourself financially so your entire networth is a deprecating asset that you'll be forced to sell to pay for retirement guaranteeing your children and your children's children remain on the wagie plantation.
I will bequeath acreage and whole BTC's to my children and there's nothing you can do to stop it shlomo.

[Anonymous No.56643735]

>>56643719
>just raise your kids in a rented studio apartment, wouldn't want to "waste" money
lol
lmao

[Anonymous No.56643890]

>>56642918
paid advertising

[Anonymous No.56643891]

>>56642193
property taxes. it never ends.

only think you can really own is BTC.

[Anonymous No.56643908]

>>56642106
i pay a part of this house

[Anonymous No.56643909]

>>56642106
>Becoming a homeowner is within the grasp of almost everyone
She's renting.

[Anonymous No.56643918]

>>56642193
>>56642221
Stop paying the property taxes and see what happens to you.
We are only free when we will kill all evil.

[Anonymous No.56643936]

>>56642941
kek imagine prostituting yourself online for a mere 80k, tips included
the gall of these whores and niggers and niggerwhores to flaunt their chump whore change as if it was generational wealth

any biz autist is sitting on 8x that amount and still eating hot pockets with a bare mattress on their floor

[Anonymous No.56643944]

>>56643918
a lot of countries dont even have property taxes sweaty

[Anonymous No.56643978]

>>56643944
Yeah shitholes in the nordic region.
The US charges you 0.6% on it on average while europe chrages you 5% a year on your houses value to keep your own house.
In 20 years you pay an entire house again to not have it taken and you thrown in jail for not paying gov scum.

[Anonymous No.56644211]

>>56642106
I will rent until I inherit property or have the cash to buy outright. Not borrowing money. It's not even the interest that bothers me. I refuse to contribute to the debasement of fiat.

[Anonymous No.56644254]

>>56643735
>Grampa anon, you had so many years, why didn't you buy BTC so we could live on the off-world colonies with the whole coiners? I don't like eating the bugs, I don't like toiling in the underground sugar mines, I don't like owning nothing. Why grampa anon, why?

[Anonymous No.56644280]

>>56644254
>you can't own a home to raise your kids in and buy crypto simultaneously
So I guess your plan is your raise your children like rats in a rented studio so hopefully your grandchildren can profit? Pretty sad.

[Anonymous No.56644414]

>>56644254
Thank the Emperor that you’re not being shipped off to the Tau Ceti warfront, you ungrateful prick

[Anonymous No.56644504]

Buying vs renting just comes down to flexibility. If you buy, you blow a lot of money on interest, maintenance, and closing costs. If you don't stay in one place for longer than two years, those costs can be higher than rent.
Mostly buying is an investment tool for people too stupid to invest unless they're forced to by their mortgage. If you rent and invest the extra in stocks, it's about the same financially.

[Anonymous No.56644582]

>>56644504
Ask me how I know your a coping renter

[Anonymous No.56644609]

>>56644582
>>56642106
if this was 20 years ago I would agree but unless you have liquid cash or you and your roastie make 300k together, a house can be a hefty investment

[Anonymous No.56644631]

>>56642134
this because you can never truly fully "own" any land based property due to annual property taxes as u are literally renting the land from a govt.

>>56642167
also this.

>>56642193
this anon is avoiding the fact that the majority will default on a 30y mortgage and never fully pay off their house losing everything they previously invested into it. NO REFUNDS. mortgage loans are SCAMS that u pay literally 150%+ of the actual value of the home over time in interest.

>>56642221
this faggot doesnt understand that she is now RENTING the property from the GOVERNMENT. owning land fully is impossible anywhere in the world. which is why smart money lives on yachts instead as they can be fully owned.

learn more about financial supremacy at: www.CWEcapital.club

[Anonymous No.56644645]

>>56642236
ANON THIS MAY SHOCK U BUT SOME PEOPLE OWN THEIR HOME! I'LL BE ONE OF THEM SOON, $250K-$300K BUYS A VERY NICE 3B2BA HOME WITH A YARD AND GARAGE OUTSIDE THE CITY LIMITS, PRO TIP HERE!!!

[Anonymous No.56644681]

>>56642193
Kek on in that time you’ve paid for not only your house, but an entire house for the bank! What a deal! Don’t forget to tip Uncle Sam too!

[Anonymous No.56644695]

>>56643891
> only think you can really own is BTC
And gold.

[Anonymous No.56644729]

>>56644645
my mummies house is worth half a mill, 1/4 hectare lot and is 3 hours away from the nearest city, kek

[Anonymous No.56644740]

>>56644729
1/4 acre* not hectare

[Anonymous No.56644793]

>>56644681
And in that time the renter owns nothing.

[Anonymous No.56644915]

>>56642106
>>56643180
>past 12 years experienced record low interest rates.
>gains everywhere in most asset classes.
>Real GDP is flat.
>Everyone is a financial genius.
>Zombie companies everywhere.
>make work jobs everywhere.
>useless educations everywhere.
>useless land spiking in price.
>Yeah, this is 100% sustainable and will go on forever.

Commodities and reality are nocking at the door.

[Anonymous No.56645049]

>>56644280
See: >>56643180
2010 was one of the best times to buy a house in living memory, yet the opportunity cost of doing so would STILL have been financially ruinous. As stated, The only practical escape from the wage cage is investing as high as possible fraction of income into assets that outperform monetary expansion, i.e. BTC or leveraged equities, everything else is a value trap designed to keep you on the wagie plantation.

[Anonymous No.56645085]

>>56644915
Rate of monetary expansion has been quite consistent since '71, averaging between 2-3x a decade, as debasement is the cornerstone of the wagie debtslave plantation system there's every reason to believe this will continue into the future.

[Anonymous No.56645093]

>>56645049
>financially ruinous
No. Also I see you dodging the raising children part. Probably because you're forever alone and your dreams of grandchildren ain't happening.

[Anonymous No.56645101]

>>56644793
Kek, neither do you. My rent is almost certainly less than your property taxes. And I get to fuck shit up (on accident of course, normal wear and tear, you see) and make landcucks foot the bill. But go ahead, stop paying on something you “own” apparently.

[Anonymous No.56645127]

>>56642106
>Pre-planned development sandwiched with 20 other identical buildings and no lawn
>dream house
I'm beginning to see why she turned to OnlyFans to make a living

[Anonymous No.56645176]

>>56645101
>My rent is almost certainly less than your property taxes
You're a single incel renting a room.

[Anonymous No.56645195]

>>56645085
This is soming a Frankism/Sabbatean would say.

[Anonymous No.56645220]

>>56644631
Nuclear levels of cope. Less than 0.3% of mortgaged houses are repossessed, inflation and appreciation offsets interest.

The tax thing is just retarded. You don’t claim the government is charging you rent for McNuggets when you pay sales tax on your slop

[Anonymous No.56645236]

>>56645049
Property has been literally one of the most consistently performing leveraged assets since WWII

[Anonymous No.56645238]

>>56644695
40lbs/$1m is an awful lot to carry around, anon
maybe if you had a house with a yard to bury it in...

[Anonymous No.56645253]

>>56642106
I drive a semi making 120k a year and live in a state that has low cost of living, i hated being on the road at first but i love it now because i changed my habits and perceptions. I put in the work and am making it happen while everyone else wants everything handed to them, got my house in 2018

[Anonymous No.56645290]

>>56642106
>2023
>solo homeowner pays 2.5k-3k a month for their mortgage
>annual 20k in property taxes

the only thing affordable for a bachelor is a condo. a decent one costs at least 200k and then you have condo fees and still property tax.

OP IS A RETARD

[Anonymous No.56645356]

>>56642236
>pic related: the shitskin mind cannot comprehend this

[Anonymous No.56645376]

>>56645290
>annual 20k in property taxes

[Anonymous No.56645407]

>>56642106
Not buying your bags faggot. Also I instead decided to move to Argentina where the white man is desired by women instead of some shithole town where everyone is on fent or fat and the women exclusively fuck niggers. No thanks.

[Anonymous No.56645463]

>>56645290
cook county friends currently pay like 14k in property taxes

[Anonymous No.56645493]

>>56642106
Buying a house is probably going to be the investment in 21st century. Decreasing population means there will be less demand and houses will be cheaper. It already works like that in japan. Also, interest rates will never be as low as they were in the last decades.

[Anonymous No.56645564]

>>56645463
Do they really though? This house is currently listed for $525k. Last year's property tax was $7.2k.

[Anonymous No.56645825]

>>56645093
You shouldn't have children until you can care for them and ensure they won't be wagie debtslaves, you dumb high time preference nigger.
>>56645195
Dullard. The system is rigged, I show you how and why it's rigged AND how to escape but you refuse to learn.
>>56645195
No. Housing has less than 60x since 1950, compared to 200x for even the unleveraged s&p500

[Anonymous No.56645868]

>>56642193
>In 25 years

[Anonymous No.56646106]

>>56642106
What do you when niggers move in next door and tank the value of your property?

[Anonymous No.56646141]

>>56645085
We're at or near the end of a supper cycle if you look at the charts going back to 1900.

[Anonymous No.56646194]

>>56643050
Boomers aren’t putting their houses on the market in mass, they are getting reverse mortgages to pay for retirement homes

[Anonymous No.56646223]

>>56646194
Yeah and if there's anything I learned about retiree homes is they don't do any updates or repairs for the last 15-20 years of their life.

[Anonymous No.56646425]

>>56645176
>projection
Kek.

[Anonymous No.56646758]

Take 10k
FHA loan 250k house
2 roommates pay 800 each
You pay 200 per month for your part
2 years later, house is worth 350k
Rent out the whole thing for 2300 and do it again
TFW you saved money on rent and made a free 100k

[Anonymous No.56646806]

>>56642106
Because the cost/disadvantage of owning a house is huge
>mortgage
>tax
>maintenance
>insurance
>utilities
and other stuff
I'm comfortable owning a small apartment (not renting) since I've decided to quit the rat race, quit society and just comfy NEETing until the day I die. I have enough passive income anyway.

[Anonymous No.56646881]

>>56646758
Picrel is a 700k house, they built those houses in Washington... they're cookie cutter so they all look the same and you can tell which neighborhood they're from.

[Anonymous No.56646912]

>>56646758
>2 roommates pay 800 each
finding roommates you can tolerate living with is the hardest part of this plan

[Anonymous No.56646946]

>>56646912
Finding roommates that actually pay their fucking share of rent when the mortgage comes due is the hardest part.

[Anonymous No.56647096]

[Anonymous No.56647101]

[Anonymous No.56647135]

>>56644645
I own a house already and rent another.
The municipalities of both have increased property taxes ~300%
I paid off last bull run, but anyone who bought in the last 2 years is a massive fucking retard.

[Anonymous No.56647263]

>>56647135
depends where you live. many zips are going up by 20% per year or more. taxes cheap in many states. id tell my renter friends to buy now
>>56646912
yes requires a bit of sacrifice and socializing/ networking. better now than when youre 40.

[Anonymous No.56647603]

>>56642134
Even if you paid interest only on your loan you would still end up owning the house outright just from the loan inflating to oblivion. Meanwhile, rent goes up every year with inflation, and more often than not outpaces inflation, despite the rent cuck's hourly wage not keeping up.

[Anonymous No.56647631]

>>56646141
Charts before fiat are meaningless under fiat, the easiest way to kick the can is continued debasement, so that's what will happen. The only thing that would stay the oligarchy's hand away from further debasement is a mass secessio plebis, but just look at OP and the other faggots itt, normie trash will continue taking it up the ass

[Anonymous No.56647851]

>>56643936
>any biz autist is sitting on 8x that amount and still eating hot pockets with a bare mattress on their floor
thats me and with the heating off and 2 coats on because fuck the jewtilities

[Anonymous No.56648021]

>>56642106
We need to go back to when landowners were the only ones allowed to vote. It would immediately blow the welfarian rentoid the fuck out. The tears would be delicious.

[Anonymous No.56648072]

>>56648021
I think you mean 99% of the world would become priced out of homes as billionaires would hoard them to ensure only policies that benefit them can ever be voted in.

[Anonymous No.56649799]

>>56642106
Owning a home and not paying rent or a mortgage is freedom. All you have to do is what I did: set your goals, work really hard, and then inherit a house from an old family member.

[Anonymous No.56649870]

>>56642106
True. Some people wouldn't be able to put together a deposit if the average house price was down 90%, they'd find something to blow it on. Weak consumer cattle.

[Anonymous No.56649930]

>>56642106
The ONLY reason to have a mortgage is to raise children in a home. That's it. Having equity in 25 years is a retarded mindset, how different is your life now from how you thought it could be 10 years ago? Divorce rates are high. Careers change. People get sick. The government fucks you.

[Anonymous No.56649969]

>>56642106
How many of these troll threads do we really need a day

[Anonymous No.56650149]

>>56642236
Do those "homeowners" you know happen to be your parents by any chance?

[Anonymous No.56650184]

>>56642134
You do own it. You're thinking of lease to buy if you think it isn't your property. A mortgage means you owe money on a loan you used to buy the house. The house was already paid for and you're paying back the loan, not paying towards more ownership of the house.
Same as how if you take a loan to get dental implants it doesn't mean you're borrowing the teeth. You borrowed money you used to buy and own teeth.

[Anonymous No.56650529]

>>56642106
I don't like dealing with all the bullshit thay comes with a house. When something is broke I just clap my hands and the property owner fixes it. I'll buy someday and have a basedjack face but until then I'll stay a chad carefree renter

[Anonymous No.56650761]

>>56650184
There is no teeth tax where if you don't pay it you lose your teeth though