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File: file.png (75 KB, 900x1332)
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buying a house is financial suicide unless you get an absolute bargain
>>
Land enclosure was a mistake

Before the industrial revolution we all owned 90% of land in common
>>
>>62191064
Opportunity cost based on the last 15 years?
Sales revenue and "fees" (=taxes created by lobbyism) included?
New legislation effects (climate boiling, "safety" et cetera) on rents and ownership costs?
Disease cost caused by worrying about ownership risks, dealing with bad neighbors, or not having the safety of ownership?
AI middle class eradication affecting real estate?
Error propagation of all that?
>>
>>62191064
when I did my calculations I found buying is always better if rates stay under 7%
>>
>>62191064
depends on the country and how you get the house.

its wholly different if you want to buy a house in a californian suburbs vs buying land in poland and just building it yourself with cheap materials
>>
>>62191064
where cunt?
>>
>>62191064
>Blablabla houses cost x, it's financially better if you rent and do Y
I don't care, I finally own my place, I can paint the wall, plant trees in my yard, I can buy myself a nice bathtub because it's MY BATHROOM and I don't have to deal with whatever cheap shit landlords put in their money generating machines.
Landlords are leeches and I'm glad i'm not giving them any more money
>B-but over a 25 year period renting will financially out perform owning
So what? Living in a tent outperforms renting, but some day you're going to die, and your stupid money will be worthless,
When you're dying with your hundreds of thousands of dollars after a life of misery in a tiny appartement I will die after a full life enjoying my home where no one tells me what to do
besides a house is something you can leave to your kids
>But when you own something things break down all the time
Not if you buy decent quality stuff, and if you can work with your hands you can repair most stuff for very cheap
>>
>>62191214
>plant trees in my yard
Maybe if you live in the boonies. The denser the settlement, the more rules to ruin your day.
>>
Mortgage cost is almost double rent of a similar place where I live.

It just makes no financial sense at all to buy.
>>
>>62191220
>Neighbor on the right comes two month a year
>Neighbor on the left is an old boomer who never leaves the house
>Neighbor in front of the house is a bunch of cows
>Neighbor in the back of the house I never met or even saw once
>>
>>62191064
Not in the UK - there is a lack of rental properties, so it's actually cheaper to get a mortgage.



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