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.

>>62191064
Or you're rich.

Yes, a house is a terrible investment. It's a pretty cost-effective way of enjoying your money though.

If you fell for the boomer nonsense that said to get the biggest house you could get a mortgage approved for, pay it off in 30 years and you'll be great you're fucking retarded.

>>62191131
>just building it yourself with cheap materials

Lmao I'll just fucking build a shit house out of sticks in my spare time, not like I have useful skills or value my time at anything.

>>62191214
>I don't care, I finally own my place, I can paint the wall,

Right. Based. But then I think we're in agreement, a house is an enjoyable expense, not a great investment. If someone hasn't made it and is going to get squeezed hard by Mr Jewberg for 30 years, just painting your own house probably isn't worth it.

What if you own the house but still have to pay 1000 a month because of insurance and property tax with general maintenance?

I mean you get a whole house but its still a liability because things can go wrong.

A/C goes out
Tree falls on it
House burns down in the worst case

Apartment you dont have to worry about any of that and a lot of places in america you can find rent for $500-600 a month.
Downside is you have no privacy.

>>62191344
in europe, its quite cheap if you use icf and concrete, basically do the rest yourself etc depending on regulations. obviously certain things like electric lines and heating etc are strongly regulated everywhere and you can't shave off that much there but the rest is easily possible. you will just likely work on it every weekend and free hour for 3-5 years

>>62191349
That 12k between property tax and insurance is going to cover a mcmansion. Thats close to what I pay actually. 3000 sq ft, gated community no niggers. Its a price you pay to be nigger free in america.

This $600 apartment you propose doesnt exist. A $1000 apartment is a dump and subject to hearing jamal pumping his ogre gf nightly

Im planning on buying multiple houses for each kid that is born and have a kid on the title so when me and the wife die and the kid inherits, the property tax rate doesnt reset