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File: IMG_4747.jpg (47 KB, 401x498)
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I talked to two people today about rent.

The first guy said he lives in Atlanta and pays about $2,300 a month in rent. I mentioned that works out to roughly $27,600 a year, which I personally think is a lot for rent. He also told me he was let go from a sales job at a small company about two weeks ago. Small company = low pay. When I commented on the rent being high, he responded by saying, “maybe it is a lot for you.”

I told him it is a terrible financial decision.
I also told him that I live in a major city and my monthly taxes alone are more than that.

Later, I spoke with another guy who pays around $2,000 a month for a luxury apartment. That’s about $24,000 a year. I didn’t ask about his income or job situation, but I shared that I thought the annual rent cost seemed very high.

I kept telling him his rent was a waste of money and he should buy a house. He told me he might not want to to live somewhere for so long. I asked him how he expected to build wealth. The conversation went back and forth with me saying it was a waste of “money down the drain.” He eventually admitted it was hard and bad use of money and insulted me with “life is hard when YOU don’t live in mommies basement.”
Wow.
He is literally throwing money down the drain and I trying to give me good advice.

It made me wonder if people commonly spend over $20,000–$30,000 a year on rent? And if so, how common is that relative to income and lifestyle choices?

Please look at picrel. Do people spend so much of their paycheque on rent? How does anyone become rich?

Curious what others think about this.
>>
>>62372604
>I talked to two people today about rent.
no you didn't
>>
>$24k per year rent is throwing money down the drain
>$50k per year interest payments for 30 years to "own" the same thing is building wealth

Lol

Lmao
>>
File: 1663601827534200.gif (2.08 MB, 415x498)
2.08 MB GIF
>>62372604
>>
>>62372611
Don’t post in here again. Worthless.
Got nothing to contribute? Don’t post.
>>62372621
The mortgage goes towards ownership. Rent is down the drain.
>>62372624
So you’re unintelligible or cat IQ?
>>
I didn't read any of this shit
>>
>>62372649
Yeah, okay, ignore one of the only /biz/ related threads.
>>
>>62372651
I think I will. This thread is probably gonna suck ass anyway
>>
>>62372643
>Don’t post in here again.
don't tell me what to do neposchizo

you spam this board with your trash all day.
>>
>>62372643
Every cent of interest you pay on a mortgage is money down the drain. On a loan for a $1M house you pay another $1M in interest alone.

Rent + investing beats mortgagecucking every time.
>>
>>62372716
Obviously no one is going to give you a loan for free. Mortgage goes towards ownership. Rent + invest means you own nothing and paying off a rich guy’s mortgage.
>>
>>62372729
rentlets raging at you OP
>>
>>62372713
What spam? Read the post. It isn’t spam. It is the most thoughtful well written thread up.
>>62372664
Ngmi. This thread could save your life
>>
>>62372750
Rentoids seething
>>
>>62372751
>this thread could save your life
HAHAHAHAHAHAHAHAHA
don't make me laugh that's fucking hilarious
>>
ive never paid more than $1000 a month to live anywhere
>>
>>62372797
That’s also not exactly a good thing…
>>
>>62372806
for me it is
>>
>>62372604
>I talked to two people today
lol no you didn't, you autistic little faggot.
>>
wow it’s the same op again with another example of a “misunderstanding” he had with someone about money
>>
>>62372716
>Rent + investing beats mortgagecucking every time
My mortgage is ten days rent per month, my property takes are eight weeks of rent per year, my house insurance is something like eight weeks as well.

>>62372643
On the other hand, this isn't normal: A bunch of housing markets charge more for a mortgage than the local price of rent.
>>
28k is a lot for rent, but ppl don't want to live next to niggers or have a 3 hour commute. Everything in life is a tradeoff.
>>
>>62372831
>A bunch of housing markets charge more for a mortgage than the local price of rent.
name three
>>
Not reading the LLM trash, OP is niggerhomosexual
>>
>>62372604
> maybe it is a lot for you.
> life is hard when YOU don’t live in mommies basement.
Brokies always the first to throw insults.
>>
>>62372831
>>62372843
> A bunch of housing markets charge more for a mortgage than the local price of rent.
This makes sense, obviously. Risk management for lenders etc.
But still, name 3. I bet major desirable areas are all like this. Home ownership isn’t meant to be for anyone/everyone.
>>
Reminder that every "renting is actually cheaper than a mortgage" result is based on mixing all rents and all mortgages together, and that if you compare the same type of unit, rent must be greater than mortgaging the same unit on average or the property owner would be bankrupt. Most property owners don't actually own their units, they forever refinance balloon loans, meaning if the sum of all the rents of their properties ever dipped bellow their initial appraisal, their loan would be called by the bank. Rent can only ever go up, and it can only ever be more expensive than the loan you're paying off for the owner.
>>
Buying a home will always be superior, anyone who says otherwise are just poorfags who can't afford a down payment and are thus stuck renting forever.
>>
>>62372604
I can’t even stand rentoids living near me can’t even bear to look at those subhumans fuck em
>>
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>>62372643
>The mortgage goes towards ownership. Rent is down the drain.
the $1000 cost difference goes towards 14% compounding ETFs while you still have to pay property tax and maintenance and hours of unpaid work
>>
>>62372909
>>62372913
>>62372918
See>>62372921
>>
>>62372604
>paycheque
>>
>>62372921
You still pay for the property tax and maintenance, its just not itemized. No free lunch. You're not left with extra income because you're renting, but because you're renting something smaller. If you were mortgaging the same unit you'd have even more.
>>
>>62372931
I can’t even stand to have anonymous online discourse with rentoids their low iq makes me sick.
>>
>>62372909
People who have been renting from before 2020 are paying much less than the new renters and are winning biglly over mortgage cucks.
>>
>>62372604
yet another nepo schizo thread about imaginary conversations
>>
>>62372921
> hours of unpaid work
What?
There is maintenance but it isn’t even every year.
>>
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>>62372716
>he doesn't know mortgage interest is tax deductible
>>
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>>62372604
Consider padsplit
>>
I agree that home ownership is generally the smart play compared to renting. It's a matter of building equity vs. making payments that don't equate to building more wealth. Ownership in general is also how real wealth is created.

My rent is way more than the mortgage payments of several of my friends. However, home ownership could be problematic for someone like me. The biggest issue is that you have to wait ~5 years on average to see a ROI, or so I was taught. If a job isn't working out but you just bought a house, that could be a huge problem. Then there are minor issues like needing to stay on top of repairs, realizing too late that you bought a piece of shit and that it needs a lot of work, and landscaping. Even if you are building real wealth in the long term, you might be stretched really thin for many years and you're fucked if your salary doesn't increase.
>>
I just lost a match in Marvel Rivals.
I was born in the top 1%.
I am 40 and never had to work my whole life.
>>
>>62372936
Their attitudes make me sick.
>not everyone lives in their moms basement
That’s what a fucking loser renter pos said to me today.
>maybe my rent it high for you
A loser brokie rentoid said this to me after I told him he is spending $27,500 a year rent.
Fucking loser pos renter class. Fuck them.
Can’t wait till shitty bug food and rent takes up 90% of their pay check.
Low iq scum.
>>
>>62372643
>The mortgage goes towards ownership
You will have literally zero in equity until about 6 years into your mortgage.
>>
>>62373041
>If a job isn't working out but you just bought a house, that could be a huge problem.
>
This pretty much sums up the wealth gap and why even just top 5% are are 100% out of reach for almost everyone.
You need very high income in an economy where there is no employer/employee loyalty or you need to have a high net worth already.
Top % areas are literally out of reach.
However, even basic 1m homes are out of reach for 99% of people because they require $300k income and like you said, job market is very unstable right and won’t improve.

Most people be stuck renting and never actually owning anything.
>muh investments
Okay, keep investing and growing that but the rich get even richer and you keep falling behind them.
The rich WANT people to own nothing but rent and “invest.”
>>
>>62373151
You get the idea. But like the other anon said, it is hard hard hard because of economy and job security and it is all by design so it will never get better.
A nation of renters
>>
>>62373163
But it's better to have some extra money while renting and enjoy some little things in life. Rich fags die just like the poor fags do anyway.
>>
>>62373163
Yeah wealth disparity is probably just going to keep getting worse and worse. The degree to which housing prices skyrocketed after COVID is absurd and even though I could afford a cottage or a shitty townhouse, there's something disconcerting about buying something that doubled or tripled in price in just a few years. I don't think that housing prices are going to meaningfully come down though.

I'd prefer to stick to one employer but it's clear that we're just lambs for slaughter. I've gotten one raised in 4.5 years and they won't budge so it's clear that it's time to leave. I would've been fucked if I had to make mortgage payments over this time with the expectation that it would become easier but then again, my rent payments have been squeezing me dry.

Also $2000+/month is generally the going rate if you don't want to share a living quarters with section 8 tenants.
>>
>>62373188
> Rich fags die just like the poor fags do anyway.
This is poor fag cope.
There are now life extension protocols taking away the poorfag cope that the rich die too.
>>
>>62373194
> Also $2000+/month is generally the going rate if you don't want to share a living quarters with section 8 tenants.
The retard today was telling me his remt was $2300 a month in fucking Atlanta.
The other guy admitted his condo was luxury. Th Atlanta guy was probably just bad with money.
> there's something disconcerting about buying something that doubled or tripled in price in just a few years.
Yeah.
>>
>>62373194
You could do what people did 100 years ago and build your own house. Ppl don't do this anymore bc we've all become soft cucks, but prefab houses are surprisingly cheap.
>>
>>62373235
So are those homes that aren’t on wheels but they are like mobile homes. Usa has many of those, I don’t know what they are called. Everyone just wants to live in a desirable area.
>>
>>62373041
>The biggest issue is that you have to wait ~5 years on average to see a ROI

This is the fundamental reason renting works out better. In 5 years you can make 7 figs at which point you don't need to stay in an overpriced Western city mortgagecucking and wageslaving, so you don't need a house there.
>>
>>62373323
> overpriced Western city
They aren’t overpriced.
>>
>>62373323
> you don't need to stay in an overpriced Western city mortgagecucking and wageslaving, so you don't need a house there.
Fucking idiotic thing to say.
People buy what they can afford and/or want. There is a reason certain cities have such high house prices.
Also, the better the area, the less the good areas drop even in a market wide downturn. Dumb ass.
>>
>>62373206
Enjoy being an old sack of shit shitting your bed every day eating nothing but oatmeal for 3 more years I guess.
>>
>>62373323
Buying anything that isn’t in a prime area means the value of your home drops even more in any downturns or whatever. It is like a beta for stocks but for homes. Fucking idiot.
>>
>>62373344
Shut up.
>>
>>62372808
Don’t post in here again.
>>
you lose another match buddy?
>>
>>62373323
I swear people have no self-awareness. People buy the best they can afford. And the good better best tends to be in or near prime areas.
>>
>>62372604
I spend $100k/yr on rent.
>>
>>62373407
>I swear people have no self-awareness
>literally half the posts in his own thread
>most of those posts telling everyone to fuck off
There's not that many people on /biz/
once they learn to recognize you and ignore you, your game here is done.
>>
>>62373217
>The other guy admitted his condo was luxury
anon developers slap that word on every apartment that isn't explicitly rent controlled, then they call the rest "mixed income"
it means nothing. you can look at median rents and median property asking prices in Atlanta and if you follow Ramsey's guide and search for a median property, you're renting not buying.
https://www.propmetrics.co/rental-market/atlanta-ga
>>
>>62373413
Past $30k rent, it is clear it is people paying more than that are those that can clearly afford it.
Around the $30k mark is around the average mark which also means rent that is pretty luxurious to “regular” people. Rent for normal people even in vhcol cities is about $3000 max for condos outside of outliers or someone is renting a house.
I live in a big city so I see/know everything. It is hilarious how people spew nonsense. Sometimes people tell me “anything is possible” and “oh know, I will make it” then I list the statistics to them and they get mad.
Sometimes I saw “most people will never make over $200k” and the amount of seethe I get.
Like it doesn’t even matter if $200k is a lot or not, those jobs are rarer and require extra work ethic and education and experience and not everyone wants that much work load.
I copefarm reddit and all the mid wits there think those high paying jobs have midwits working in them.
>>
>>62373420
You didn’t even reply to the content in that post.
Fuck off.
>>
>>62373442
you don't post content you post rage bait

then you sock puppet your rage bait to make it look like people are falling for it.
>>
>>62373423
one more thing to add in: from redfin:
>More recent periods have seen higher averages. For instance, over the past decade (2014-2024), U.S. home values have risen about 6-7% per year on average, and even higher over the past five years (2019-2024), averaging around 8-9% annually due to a recent surge.
you have to go back more than 20 years for the spy CAGR to drop below 10%. Your money is better off in the market than in a house that requires upkeep, taxation, insurance, and relies on hyper local conditions to keep increasing in value. from a purely financial perspective of course.
>>
>>62373423
But I just use price range to determine if it is luxury or not. Obviously not “luxury” but it is a relatively good condo meant for someone making $120k to $160k or over. Obviously people making a lot less than that rent those places too like entry level workers.
Idk, I just did rental monthly and yearly calculations for the first time since 2022 and I was surprised today.
But actually now that I think about it, you’re kinda right cause in 2022 I looked up a higher tier condo and it was $2300 and you still needed one roomate. So in 2026, everything probably more expensive.
Maybe the Atlanta guy wasn’t actually paying a lot and the other guy wasn’t in luxury.
I just went 0.0 when I saw $27,500 in rent.
>>
>>62373452
your money doesn't go into the market though

it goes into your landlord's pocket

the return on money you pay to your landlord is zero.

if you have leftover money after paying rent then you would have the same amount leftover after paying a mortgage. Meaning instead of just buying stocks, you'd be buying stocks and a house.

you mental cripples can't understand this.
>>
>>62373464
I'll put it this way: the cost of shelter, regardless of kind or payment structure, in the US is so high that it makes more sense to make money and then perpetually travel the world on 90 day visas once you get to a half million than it does to remain in the US
>>
>>62373452
> Your money is better off in the market than in a house that requires upkeep, taxation, insurance, and relies on hyper local conditions to keep increasing in value. from a purely financial perspective of course.
This is why that anon says no one should expect to own a house unless their parents are rich and/or they have a high paying job. However, the job market is very shaky atm and Trump said he doesn’t want home prices to drop because “someone who hasn’t worked very hard” should not own a house anyways.
But yeah, home prices went up a lot and rent too. I guess I was using 2022 numbers and was $27,500 to fucking rent noped me.
$27,500 probably isn’t even mid tier in a big city now.
>>
>>62373473
And then end up owning nothing like a renter. It is over.
>>
>>62373468
The income needed to get a mortgage is pretty high now.
>>
>>62373468
> if you have leftover money after paying rent then you would have the same amount leftover after paying a mortgage. Meaning instead of just buying stocks, you'd be buying stocks and a house.
You need way more income and job security to get a mortgage.
>>
>>62373493
mortgages have always been unaffordable for single people

the only difference is now everyone is single.
>>
>>62373445
This is a business forum. Discuss business and not other anons. >>62373499
> the only difference is now everyone is single.
People are single because it is nice. We live in best times ever to be a single person. I would never want to co own a home with a female. Wtf? Humans and man female relationships have a power structure. You co own with a girl and both contribute to a mortgage is non-masculine behaviour. Even if she stays with you, her natural biology is against it.
A man always needs to have higher nw and income than a girl.
Literally most males are low income and low status and females also, that most men have no leverage over girls.
>>
>>62373468
>if you have leftover money after paying rent
there are methods that have experienced significant drops and still come through that work around this. if you're using debt for a roof over your head anyway, use debt for everything
https://youtu.be/m2jtFpABe6g
https://www.youtube.com/watch?v=tRE_Ae8lrRc
>>
>>62373499
Majority of men having no leverage over girls has created a society where everything is fucked.
>>
File: IMG_1684.jpg (309 KB, 737x727)
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I work at a small company (8 people) and made 127k last year
Is that a small income or not I guess its relative. I also would never pay that much for rent either though
>>
>>62373483
>owning nothing like a renter
that means no responsibility for the roof or burst pipes or a sudden air conditioner failure. it means you can predict what you will spend
>>
>>62373517
>made 127k last year
what is that in percentage of median household income for your county/metro area? money is relative
>>
>>62372936
They actually think they are winning by renting it's completely delusional
>>
>>62373507
>This is a business forum
OP has nothing to do with business.

your personal expenses are not business.
>>
>>62373517
> Is that a small income or not I guess its relative.
No it isn’t relative. You just find the equivalent amount for different cities or areas.
>>
>>62373521
Yeah but end up with no ownership.
>>62373524
Middle class in major cities is roughly $100k-200k.
Anywhere else is $30-70k.
>>
>>62373528
i'm willing to believe that he's having these conversations, but he should just say that he's having them when he's playing video games
but what do you expect from a vtard
>>
>>62373534
>no ownership
>don't pay taxes that go up every year (before taking into account however much the tax rate increases) through unrealized gains
>government doesn't care and says that's ok you still OWN
>don't maintain insurance during your mortgage
>lender says that's ok we don't really care, you still have your house
oh ok I'll go buy a house now, didn't know it was that easy
>>
>>62373543
Yeah if I met this fool in real life I'd probably punch him, and I'm a very patient man.
>>
>>62373548
No, you’re a pants-sagging low iq low impulse section 8 housing animal who hangs out at the popeyes drive thru.
>>
>>62373547
You just described why morning home ownership is for the rich and the massive massive wealth gap in society even if the home is just in a top 10% area.
>>
>>62373556
>>62373547
*modern*****
>>
>>62373547
And the K shaped economy, anyone not in the top 10% keeps falling behind. You just explained one of the scenarios.
>>
>>62373548
>Yeah if I met this fool in real life
that implies he goes outside
>>
>>62373339
>>62373330
>>62373351
>>62373407
If real estate is such a no-brainer then why are you so defensive about it?
>>
>>62373556
>>62373560
the rich buy homes as vanity projects, but they didn't become rich because they own a home. not spending money (which is the exact opposite of home ownership btw) is only a way to delay or reduce financial disaster. the only way to make financial gains is to increase income
>>
>>62373543
I have these conversations outside the gym, doesn’t mean I should post on /fit/. Wtf are you talking about? I take my competitive gaming seriously during the evenings.
>>
>>62373566
good point. He's here more often than I am and I'm here a lot
>>
>>62373568
Cause you are fucking ignorant.
Sure home prices rise and drop, but during downturns, you really get to see which areas were valueable. Your cope is renting, which I have nothing against but to pretend home ownership is worthless is peak cope.
>>
>>62373573
I don't think you do take it seriously
You were playing games in this very thread. is posting here not a distraction?
>>
>>62373568
It ISNT a no brainer anymore.
That’s where the k shaped economy comes in. Owning a house comfortably in the top 10% means the bottom 90% are already far behind and falling farther behind each quarter.
>>
>>62373581
?
I take my gaming seriously since the game is competitive and ranked and fun.
I am locked in each evening.
>>
>>62373571
Once again, wealth gap. 2026 is fucking crazy.
Dollar down, stocks up. But people have no ownership of anything. Wasn’t “own nothing and be happy” part of agenda 2030?
>>
>>62373102
>>62373589
arguing with poor brokies is locking in.
really?
>>
>>62373566
You go outside to let the bull in.
>>
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Daily autistic browncel thread
>>
>>62373594
I ain’t arguing in a game, wtf are you talking about?
>>
>>62373595
you're a worthless piece of shit and people here are tired of you
>>
>>62373594
That post was at 10pm…
My conversations today were around 3pm. What the fuck are you on?
Discuss topic in op or fuck off.
>>
>>62373600
Ok, just don’t keep the bull waiting.
>>
>>62373598
you were arguing on /biz/, then off playing a match?
did that not happen?
>>62373607
that post was for me what are you doing?
>>
Good thread op.
>>
>>62373618
samefag fail

you never seem to figure out ID's

we can see how many times you respond to yourself.
>>
>>62373626
/thread
>>
>>62373616
I wasn’t arguing on /biz/. I was discussing business and finance with other anons. Why are you here?
>>
OP is a fat retard who probably stinks to high hell
>>
>>62373618
lol what a humiliating samefag
>>
>>62372604
>Average American home requires an income over $200k a year
Grim
>>
>>62373789
To live away from certain “people,” yeah.
>>
>>62372611
this thread was posted by a mentally ill discord tranny who previously nameniggered as OCPD. he posts this crap 12+ hour a day, every day. he frequently uses the leto furfag residential VPN shitposting front end to change IDs and reply to his own posts.
>>
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>>62373618
oh man lol. Why are you posting these almost every day? You sound insufferable. Go back.
>>
>>62372621
What? My whole mortage is only 15k per year
>>
>>62372604
It's very common for people to be rentslaves or house-poor their entire lives because they've been psyop shamed into avoiding living with their own family.
>>
>>62372604
When you really think about it, home owners are losing a lot of money too. First there's the down payment, that money grows a lot faster in stocks. In some cases it may be worth more than the entire value of the house in 30 years. Housing simply can't compete with the gains from the stock market. Secondly, even if you own your home and it's a 600k asset. Living in it, is throwing money away. If you sold you could be making 60k a year from your investments. Renting for 30k a year would be a net gain.

Home owners are mostly idiots, unless they are landlords or rich and retired. It is the handicap that prevents high earners from ever making it.
>>
>>62372604
It depends on the market of course but yeah $2300 is not high in most places these days. If you equate that to a house payment that is under $300k which in major metros is ghetto tier housing. There is nothing inherently wrong with renting from a financial standpoint, even Dave Ramsey would agree. If you are not planning to stay put for 5-10 years then you are better off renting. The transaction costs for home ownership are quite high, often 10% of the price. The most important factor is, as your picrel states, the percentage of your income you spend on housing. If you want to invest and get rich, stay under 25% of your take-home.
>>
>>62372621
24k X infinite is more than 50k
>>
>>62376556
Yep, people forget how much it costs to keep a home maintained. On top of taxes, interest and insurance, most houses require 1-2% of their value spent on maintenance every year. No mutual funds ever needed a new AC unit or roof.
>>
>>62372604
Whether you are paying rent or interest, you are throwing the money away. At least with renting someone else is taking all the capital depreciation and liability risk.
>>
>>62372604
did a retard write this shit? do you really not know the reason why people rent over buying A FUCKING HOUSE???
>>
>>62372604
This chart is bogus. I make $80,000 a year and bought a house for $300,000 back in 2024. My monthly take home is no where near $10,000
>>
>>62377090
Did you read the op…?
>>
>>62376833
> is not high in most places these days. If you equate that to a house payment that is under $300k which in major metros is ghetto tier housing.
Kek>>62377165
>>62376833
> If you want to invest and get rich, stay under 25% of your take-home.
You’re not rich if you don’t own a house and everything is just tied up the market. lol.
That’s why the home ownership class in good areas are so far ahead.
Wealth gap, once again.
>>
i own a few duplexes

every year i raise the rent and every year the tenties explain why they cant afford it

then they renew the lease anyway

its honestly kinda inspiring
>>
Another thread where 80 IQ mongoloids with a 3% mortgage try doing the math that has already been done a million times showing that renting + equities > home ownership from a financial point of view

Btw if you stop paying property taxes the government takes your house
>>
>>62377298
rent's due on the 1st

increasing $50

thank you for your service
>>
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>>62377350

Oh no, the landlord raised rent for the 6 month lease by 40 minutes of work a month ):

Meanwhile:
>>
>>62372937
Huh? Who leases for more than a year? My apt has up to 15 months so I do that. But it goes up 4% every time.

I do put about $10k/yr into the market but my rent is like 50 fucking % of my after tax pay. I reconnected with my long lost dad so I have a parent with a house finally, but not sure if I'd move in just to save $25k/yr when I'll be 34 and long past should have started a family by then
>>
>>62377435
you can show this to the leasing office when you renew
>>
>>62372604
im sorry but every home is 300k+ and not everyone is making 10k a month.
>>
>>62377298
invalid comparison

there's no reason you can't own a home and put just as much money into stocks.

rent isn't free. It costs as much or more than a mortgage. That's money you're throwing away
>>
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>>62372604
>mortgage is 14% of my monthly NET income.
Neighborhood is upper middle class white people and Asians.
Feels good
>>
>>62377725
Imagine crawling into a moist bed every day. Pool rooms put off so much moisture that the humidity would make your sheets sticky every day. Not only that, but God forbid you splash and your bed is now straight up soaked. Oh yeah a and who wants to smell like pool chemicals every day? This is so retarded, but it would be fun for 45 minutes.
>>
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urbanite trash vs rural chads
>>
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>>62377937
I believe that was just a staged photo anon, chill.
>>
Hmmmm
>rent cheap with enough spare income to invest in the stock market
Or
>pay an expensive mortgage with Insurance just to be house broke and own the property in 30 years

Ownership is good for the sake of owning but it is such a shitty investment vehicle.
>>
>>62372604
Look man tell me I'm wrong or that I'm coping or that I'm stupid I don't care what you say to me but this shit genuinely sounds like it didn't happen. I don't know why, but whenever you make these threads about you speaking to people or the gym people going home to count their money it just comes off as a made up scenario that only happened inside your head. I don't know what you're trying to do or if you need meds or maybe I need meds but holy shit it just reads like cringe imaginary scenarios. Maybe you're just autistic and need some form of outlet or something...
>>
>>62372604
>Small company = low pay
What?
>>
>>62378180
IDK, there was a lot of crazy shit in the 70s.

>>62378268
Definitely never happened, can't care what OP says because they deny it every time
>>
>get mortgage
>miss a payment by a picosecond on your last month
>lose the house and 20 years of your life
Maybe if we lived in an era where you could keep the same job forever, i would not be afraid, but nowadays you are gambling on the grueling torture of the job market after an unavoidable layoff
>>
>>62372937
LOL delusional. People with mortgages before 2021 are paying less than renters with lower loan amounts and 2% interest rate, a modern aristocracy if you will. Renters live at the mercy of their landlords
>>
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>>62378653
Life is complicated, so some people forget the fundamentals of /biz/: Buy low, sell high.

Historically, mortgage rates are in "average" territory but the Price-to-Rent ratio is still near its all time high.

Why buy the top?
>>
I would rather spend 30k a year on rent and live in a white/Asian area than 'own' a home I can afford that's in a latinx/black area. I don't have 100k liquid for a down payment on a white neighborhood home sadly.
>>
>>62372621
You can still take the money and leave your property taxed shithole.
>>
>>62372604
Where do you live that you make 120,000 after tax per year that has a 300,000 house?
>>
>>62377226
Money tied up in a home performs far worse than money tied up in the market, historically speaking. People are just too dumb to leave the money alone unless it is tied up in home equity. Stock market investing is too liquid for the average person with no self control .
>I can just click here and here and then spend it all on tattoos and rims!
>>
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>>62372604
If you weren't part of the top 10% in 2025, you're lower class
>>
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>>62377298
it all depends on how much you invested initially

it was $113 to move into my house that i bought for 325k in 2018... that house is now worth 550k

that's a 2000x on initial investment, stocks aren't doing that unless you nail something like sandisk
>>
>>62374484
Yeah I recognize his posting style, he was the guy bragging about his nonexistent rich friend to zoomers on Fortnite. He is extremely mentally ill.
>>
Plus nobody rents in Atlanta for 2400 dollars, and certainly wouldn’t live in downtown Atlanta where it’s nog central. Even Buckhead is cheaper than that and everyone just commutes there anyway



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