Renting is a humiliation ritual, its insecure housing, and the longer you rent the more you get priced out of ever buying a homeBut you're essentially stuck renting unless you have a gigantic income and/or your parents help you out biglyMy sister and his husband have been renting the same house for about 5 years now, and their kids just started school in the area, and they just got notified that the landlord is selling the house, now they have to move, and their kids might have to change schools already.Their kids are already going to suffer mentally and be damaged for life if they have to change schools.
>>61427016>>61427016>My sister and his husbandlmao, HER* husband
>>61427016Insecure housing is better than being forced to live next to niggers.
>>61427022And now she's going to live next to niggers. Is she American OP?
>>61427016Yes.
>>61427016>be me>save up for five years to buy house like a big boy>buy house literally one month ago>passed inspection with flying carpets>move in>detached in law suite has moisture under slab>found termites and roaches>needs new electric meter and outlets>misc other bull shit>everything costs $3k to fix Lol kill me. I don’t even want it now.
>>61427016Having a mortgage sucks more. I am rather homeless on 200 bucks a month than 30 years a slave.
>>61427122Having a mortgage is preferable to paying rentWith a mortgage, you are investing in an assetWith rent, you are just making your landlord richer
>>61427122lol like the people holding the mortgage are the ones paying it. renting = pay all expenses + landlord profits. Sorry not sorry but it'll be a 15% increase again new year.
>>61427122At least with a mortgage you dont have the worry of the landlord wanting to kick you out for whatever reasonWhen youre renting your life is basically in the hands of another mortalYou could say>Well if you get sick and cant work anymore and cant pay the mortgage, they'll take ur houseBut thats God / the Universe doing that, not some random guy who wants to take profit on his investment
>>61427158Mortgaging is way better than renting. When you move places every couple years you suddenly have 5 or 6 figures of home equity, only half of which you actually had to pay for.
You are born a peasant, so you will be forced to be a peasant till you put yourself first and do the right thing: Stop being a wage slave.
>>61427113This is why you always pay for your own inspector
>>61427291and then you woke up to reality>Half Of US Homes Lost Value Over Past Year: Zillow
>>61429142I just sold a house earlier this year for 60k more than I paid
>>61427158>>61427291People keep repeating this without understanding that you don't pay a lot of principal until year 15/30.In people's minds it's literally:> apartment: $2000 thrown out> house: $2000 toward equityIn reality, you will pay 3x the price for your house, and the money is just as thrown away if you move in the first 10-15 years.Add taxes and fees and you might come out at zero compared to an apartment after 10 years.
>>61429303In a house you actually have space to work on things. I am constantly working on stuff in my garage. If I was renting an apartment I would have to spend my spare time staring at a tv or computer. Renting a house is more expensive than a mortgage. Btw I have a mortgage excel sheet I built that tells me more about my mortgage than the advisors at the bank can tell me.
>>61429252sure you did
>>61429357Stay poor, rentoid
>>61427016skill issue
>>61429351New houses don't really have garages that fit cars anymore. Not under 500k within 30 minutes of the city in traffic anyway.But sure, I am comparing a mortgage to basically a passable one-bedroom apartment, maybe two if super lucky.
>>61429128I did. Also hired second inspector to look at all plumbing and sewer line.
>>61427016You know how in nature, the weak get killed and eaten? Well, your sister and her husband are the weak ones. Sorry pal, I dont make the rules.
>>61429491the only people getting poor are the people buying overvalued real estatenot buying your bags
>be renter>pay usually fair rate for one bedroom>can move any time>be home owner>paying $900k over thirty years for $550k home>can’t move>mortgage is already a third of income, not even accounting for property taxes, insurance, utilities, etc.Renting is only a humiliation ritual if you have a shitty landlord. Honestly, I’d rather rent from Blackstone, landlordism attracts some real skeevy people. You’ll live in a slum, nothing works, nothing gets repaired and they act like they’re doing god’s work.
>>61429303this is almost correct, but you forgot to include price appreciation as a big pro for mortgages. on the other hand, one could probably get better returns on that down payment by investing it in stocks, crypto, etc. I think in the end it just depends on each person’s specific situation. how long you plan to stay there, what the mortgage interest rate is, do you have kids, etc.
>>61427113wooow 3k, that's insaneI'm guessing you meant per item, right? Right?
>>61427016>be damaged for life if they have to change schoolsNo they won't you retard. You just like to dramatize stuff huh, you fucking queer.
>>61427016Living with parents is infinitely greater than renting when you have kids. This is actually normal worldwide. But for some reason American boomers and gen x are too selfish to share a home with their bloodline.
>>61429905Yes obviously. Are you retarted?
>>61429128no most inspectors are just dogshit
>>61427113>$3ksweet summer child
>>61430829define everything, you said everything costs 3k to fix not every item will take 3k.
>>61427016I rent a 5 bedroom house from a sweet old lady. $450/month for the last 10 years. What are you doing wrong, Anon?
>>61431241I have a similar situation but I'm about finished with it. Elderly chinese man I rent from isn't able or willing to afford repairs anymore. Place is falling apart. Insistence on necessary repairs is met with obsequious wincing and apologies and "maybe in spring my contractor friend can...". I'm out. That's it. 15 years of cheap rent was enough.
>>61427016My girlfriend splits the rent, so its not that bad :^) I'm resentful that even if I do save up enough for a house, I STILL have to pay rent in the form of property tax >>61429128>>61431115>be inspector>inspect nothing>pat self on back for a hard days workHow is this even legal? Repair cost should land "inspector" or the company they represent How do a become an inspector lol
>>61427016i tried to pay rent for a whole year up front and they denied me kek, oh well ill just keep stacking this bread living with mommy
>>61432779>How is this even legal?money in politics
>>61427113Anon, if and when I'm old diy septic fails its gonna be anywhere from 15-50k for an engineered septic field...furnance and duct work is 9k. I'm just gonna keep burning wood. Count your blessings. 3k was like a new well pump and septic drain line gone in a blink.
>>61427113>$3kBro I was worried for you there for a moment. I expect 10-100x that
>>61430803This is something I will do differently for my children. I will let them live with us granted I see they make an effort to save up for a place to live instead of wasting it paying some Jewish landlord profiting from a market that in practice is ironically “rent-seeking" in nature.
>>61433445I'm renting in Eastern Europe, I've got about 45 sq.m. for $190 a month (power, water, heating, and all other costs included in that). The landlady takes care of all the bills, she bought a ton of heating pellet just the other day and it's a comfy 22 °C in my part of the house (3 °C outside). I've got the entire ground floor to myself, BTW, she's two stories up and she immediately comes whenever there's a problem (leaking pipe etc.)I can't contain my joy whenever I see her and I am honestly considering to offer that I pay more just because she's so nice to me. I already bought a new fridge and a new washing machine and I'll probably leave both to her when I decide to move. She deserves it, honestly.
>>61434496what country anon? That sounds very nice.
>>61427016>Their kids are already going to suffer mentally and be damaged for life if they have to change schools.I went to over 20 different schools and changed schools several times per year. It made me a better person than you. I know how to make friends anywhere I go. I know how to quickly judge character and immediately make strong connections with good people while avoiding people like you.
>>61431128>>61433426$3k EACH you retarded niggers.
>>61429303This is landlord propaganda. The bank makes its money via the interest you're paying in the beginning but you can circumvent alot of it just by making double or triple payments if you can afford toJust dumb. Unless you just straight up are completely, broke there's no reason not to immediately stop renting.
>>61435045and yet youre here on 4chan lmao
>>61427016TRVKE: you can't escape renting even if you own a house you will never own the land
>>61427113You dont deserve to own a home
