Housing is undervalued relative to inflation.Therefore renting is better. Housing is actually going down in price.
My mortgage is lower than the average for rent in my area though
>>62486220As is often the case.These threads are bait.
>>62486207>>62486220Renting is also an increasing cost. Paying down the mortgage reduces the payments too.
>>62486220because you put in big deposit tho?now reduce the rent by rate of return for your deposit in the stock market, it'll be closer than you think
>>62486207here we go againrent is due on the 1st OP, price just went up 5% thanks for understanding
>>62486277(as in if you have 200k equity instead of being in house if you had that in stocks would return average of like 20k a year) reduce a $2.5k monthly rent to just $400 not so free now is it
>>62486280$833*
>>62486279I own a house, but renting is better.
>>62486280Actually a lower deposit is better because then you can put the remainder in the stock market and watch those massive 4% returns on your house with a tiny deposit go up.
>>62486320for who? i own a 3000sq ft house w/ 2 paid off cars and my entire living expenses is 35k a year, that includes every bill, insurance for the house and cars, property tax, maintenance on all of the above and generous amounts for vacationsmost home rentals in a nice community cost that price tag alone yearly.
>>62486220for equal surfaces?
>>62486207>>62486268>>62486279The trick is renting, but in Bangkok and work remotely.
>>62486207Making money out of houses is jewish and I refuse to do so. I'd rather profit from funding african warlords than play with the hypothetical future house of a fellow citizen.
>>62486327You paid it off? You're throwing money away. You should mortgage all that shit and throw the money into index funds for that sweet 10% a year as your house goes up 5% per year. Right now you're making 5% per year. You could be making 15%.
>>62486366yesthere is no guarantee the next 20 years of index funds will return 10% a year. we have lived through an incredible 20 year bull market with little bear markets in between. the next 20 years could see VOO return 5-8% who the fuck knows
>>62486375Inflation will go up anyway and the worlds population continues to rise. I don't think houses will stop going up which also means interest rates will stay lower than stocks.
>>62486262>>62486220now do mortgage + insurance + property taxes
>>62486409>Inflation will go up anyway and the worlds population continues to rise. I don't think houses will stop going upUnless you can get into the Nigerian or Congolese real estate game, that doesn't mean much. In countries with sub-replacement birthrates prices will tend to go down except in the most coveted metro areas.
>>62486409>and the worlds population continues to rise.Ecept it wont, this is the most bearish chart in existence. Birth rates are collapsing. Yes the peak will likely be the 50s but for the west it should be earlier despite immigration.
>>62486207Bought my 4 bedroom 4.5 bath house in 2018 and my mortgage is now lower than rent on a 2 bedroom apartment.
>>62486813*ExeptAlso i had the chart loaded but then chose a Bobo pic on top of it forgetting im not supposed to do this.
>>62486837Doesnt mean its the smart play now.
>>62486837I pay $1100/month for a 2 bedroom 1 bath with a yard.What's your mortgage+insurance+property tax per month?
I'm tired of this topic being put on an endless loop so I'll just write my conclusion and leave.For the same square footage with the same geographic amenities, mortgaging is better than renting by 10% annually on the down payment (assuming 20% down payment with the lowest market mortgage rates). This includes maintenance, insurance etc.For normies, the down payments act as a means of forced savings/equity.That's from a pure apples-to-apples comparison based from finance alone. Renting is otherwise superior because:You can flexibly relocate to whereever your job/job prospects are, which is higher +EV and quality of life for optimizing income via careerAlthough mortgaging is financially superior, the actual planning and performance of maintenance will occupy mental bandwidth, which could have been otherwise used for other life pursuitsRenting gives you access to lower square footage if one is truly considerate of costs, obsoleting the 10% annual return advantageAs I am not a normie, I can reliably outperform 10% annual on capital, nor do I need the mortgage payments to act as a means of forced savings since I have relatively low spending impulse. I would only look to buy/mortgage a house to start a family, after finding a lifelong partner.
>>62486967Tired, I meant payments on principal for forced savings
>>62486839It's skyrocketing
>>62486839
>>62486207These threads are bait. Everywhere you look renting is more expensive than mortgage payment by a significant amount.Where I live, for same apartment:>mortgage: 3200 monies / month>renting same flat: 4200 monies / monthThis "renting is cheaper" spam that appeared few years ago is a coordinated shilling campaign for illiterate, clueless retards.Renting has it's own benefits, like you can move instantly at basically 0 extra cost which is almost never the case with mortgaged real estate.
>>62486967>if you plan to move around a lot to optimize your income>then mortgage is inferiorThis is the only scenario where renting is not just a better option, it's the only valid option. Mortgages are not valid for this.
>>62487424Yeah yeah Trump coin was skyrocketing too>>62487428Outdated. Births are collapsing.https://www.theatlantic.com/ideas/2026/05/global-birthrate-decline/687297/Best i can give you is top in 2055. 9 Billion.
>>62486220housegroidal IQ hard at work.
>>62487716It could also top as early as 2040 with only 8.5 billion as an extreme case. Yes it wont affect your house the next 10 years but as a generation investment houses in the west are the worst right now. Even as retirement investment its shit if you are under 40.
>>62486326yes thats what i said, should be renting + investing (or at least low deposit + investing) vs just storing all your equity in your house
>>62487731Mortgages are cheap leverage so it's always a good financial decision. It's even better to rent as well as rent out your property so you get the rent bux.
>>62487731Sorry I thought you said the opposite
