>new buyers typically only stay 10 years on a 30 year mortgage>Only paying 20% of principal at that point >lose ~8% on the sale>factor in taxes, insurance, maintenance, appreciation>you only get back about 10% of what you paid in mortgage payments over 10 years>but I'm stupid for renting an apartmentmake it make sense.
>>62560310Money printer stops, and they get nothing back.
>buying is stupid>renting is stupidliving with parents is the financially smart choice
>>62560377>living with parents is the financially smart choiceI would argue helping them pay of their loans/mortgages is the best way to build generational wealth. Banks want kids to feel bad for investing in their future with their own money. If they can pitch the idea that "your not an adult if you help your parents pay off their poor financial decisions" then they can trick you into the same chains.
>>62560771My parents hate meThey have like 20m in assetsIdk why I keep trying to trust themGuess I'll raise my kids without ever knowing them... Not sure I even have a choice at this point.
>>62560310Housing market is a pure speculation and it can be flipped up/down/side-way at any moment by any kike gov just like shitcoins, stocks and other centralized scams
>>62560310Buying a house is a luxury purchase, not an investment. The point is that you have more freedom. People do it for the quality of life. The majority of the time when someone makes money on housing it's by accident.
buy a house to live in it, not to "invest" in
>>62561165>>62561230/threadBuying a house is not an investment. Not anymore at least. You buy a house for peace, privacy, freedom and safety. If you want to make money, rent. Everything else about renting sucks. If you want a life worth living, buy a house.
>>62560310i just had to change jobs and my jew landlord would let me out the lease agreement even though i'm no longer living thereof course i also had to sign another lease in my new cityso now i'm paying $1500 per month on an apartment in my old city that i am not even using anymore and for all i know he has rented it out to someone else and is double dippingthat's the power of renting
>>62560983>houses aren't for speculation>says the dictator of the country with the most housing speculationHilarious post, shill.