owning a house makes no sense unless you live in it i guess? even then its retarded500k loan 8% for 30 years is ABSURD holy shit just rent and invest in stocks
>>62762799You can actually refi to a lower rate when they go down.
>>62762799Renting is also retarded though and you should only ever do that if it's absolutely necessary. The optimal strategy is to live with your parents and put as much as you can into investments.
>>62762809What if I'm not a sissy eurobrown?
>>62762812You should still do it regardless even if you're an amerilard. If you have a stable family then renting is just an unnecessary waste of capital that you could be using for ETFs/index funds.
>>62762812but everyone outside of Europe is brown, Pancho
>>62762799>500k loan 8% for 30 years is ABSURD holy shit just rent and invest in stocksI'd put 400k down and pay 100k over 30 years
>>62762818>>62762821I could easily go to your country and fuck your women, you europoors are like kids
>>62762831>burgerfat rentoid in charge of figuring out where a person is fromoh no no no no no
>>62762831russians are trying that and getting slaughtered by the thousands
>>62762834Thats not what they are doing in Ukraine. Go to Phuket and you see where they are doing it
>>62762799made sense to me but i bought outright a cheap condo with my life savings that then went 2x and my rent is ~$900
I can use the house to store your wife and daughter, then it is my property, anything happens in the house is completely legal.
>>62762799No man, just save up double the value of a house in the form of stocks and buy one with SBLOC. Then your stocks will gain value faster than your mortgage accumulates interest. Its basically infinite money.
The types of people who want to be landlords are people who derive pleasure from lording over other people and being able to ruin their lives on a whim. The extra hassle that comes with renting out an apartment versus just investing in index funds is not worth it for people who don't derive pleasure from it.
