What the fuck? Did rentoids finally learn math? My "pissing away money" and "paying someone else's mortgage with nothing to show for it" PSYOPs don't work anymore?How can I make sure homebaggies automatically conflate signing up for a 30 year mortgage as "owning" property and also counting their primary residence as an "investment"?
just buy a fucking terrain and make your own house
>>515169423Lol, you're a very dumb coping nigger. Renting an appreciating asset is fucking retarded.
>>515169423Not my problem, I bought my house out rite from my Uncle
>>515170230>what is appreciation rateyeah, property appreciates at 3% YoY, basic bitch S&P appreciates 8% YoY, a "great deal"
>>515169722>buy a fucking terrain
>>515170466Property also costs money to hold on to, a lot of money in taxes and maintenance. Holding onto the S&P is free.
>>515170701depends how you hold onto it (your 401k has a "management fee") but that's no way near the jewry that happens with actual "real" property
>>515170466>dEr bE OdEr aSshAts dAT aPrEmCiAt mOaRLmao, fuck, you're a very stupid nigger. Hey, shit for brains, unless you live in your car, you're fucking dumb. No matter how your dumb nigger brain tries to do your dumb nigger brain math, you are paying for housing. Now, try to concentrate real hard here and get that nigger brain of yours spinning. Your options on paying for housing are to: A. Pay more than market value to rent it from a kike, and increase his investment. Or, B. Pay for your own investment. The fact you struggle to understand this simple mathematical fact, means you are dumb as fuck.>>515170701Then go live on the street and put all your money in stonks. But, if you are currently paying to live someplace and it isn't your place, you are already paying for all the taxes and maintenance on a dwelling, it's just not your dwelling, and you have the fiscal intelligence of an actual nigger.
>>515171236Found the realtor. These leaches just want you to keep buying and selling houses so they get their 6% and could not care less if you go broke. Renting is nothing more than paying someone else to take on the risks of ownership. Those include capital depreciation, liability, maintenance and taxes. Historically ownership has been a better deal in most cases, but it only becomes a no-brainer if you can do so without debt. Getting to that point means putting your money in an investment that performs better than housing. In most markets housing is a shittier investment than corporate bonds.
>>515171236>pay more than market value to rentdo you live in some shithole Tier 3 city? everywhere where above ground parking is scarce rent is cheaper than mortgage. have fun in Wyoming, I guess.
Millionaires rent to protect their assets. More millionaires do it because there are more millionaires. It's really not that difficult to understand.
>>515170230I can rent it to you cheaper than your mortgage payment would be though because I bought it 20 years ago and won't fix anything, so why would you buy? Just go live life own nothing and be happy
>>515171236>>515170230fuck off boomer youve been debunked thousands of times
>>515171770>it only becomes a no-brainer if you can do so without debt.No, retard, it only becomes a no brainer if you have someplace to live for free. If you are paying rent, you are already paying for a home/investment, it's just not your investment.How are you guys this dumb? You are already paying for the investment, it's just not your investment you are paying for.>>515171822>but what about muh heckin nigger hustly and bustly city...Lol, so, you can only afford to pay for part of a kikes investment in your nigger city? Just out of curiosity, what percentage of your income do you pay into a kike landlords investment in your bustly nigger shithole? What percentage of your monthly income goes to enriching a kikes portfolio? A third? A half? More?>>515172265>my landlord is a saint who offers housing cheaper than it currently costsI already knew were dumb, no need to make up fairy tales that make you look even dumber.
>>515172397I'm a millennial, and you are a fiscally retarded person.
>>515169423Cause you lock in an interest rate for 30 years while rent prices constantly go up. >>515170701You think taxes and maintenance aren't included in your rent? Anyone who willingly rents while blowing money on the stock market is retarded.
>>515169423nice jew article. renting is only a good idea when you're stinking rich and don't want to be tied down to a specific place. and when you're that kind of rich then you go Michael Jackson route and live in Hotel suits that provide maid and other in-room services.
>>515172497>landlords must be pricing risk accurately just because they must be OKAY????I pay $1800 rent on a house for which mortgage is $3100. do the math.
>>515171770> risks of ownership. Those include capital depreciation, liability, maintenance and taxes.imagine being so retarded you don't think your rent covers all this.Landlords would sell their houses if they weren't making money, you fucking mongoloid
>>515173571I bought a house in cash because I'm not retarded.I pay $0 in rent and $0 in mortgage, you dumb faggot.
>>515173017Right now renting is something I'm more resigned to than anything elseBuying one of those 100k shitty premades is looking pretty good right now.The only affordable locations in my area are fucking condos, which is basically an apartment with a ball and chain.
>>515174084>not taking advantage of debtngmi
>>515173571Lol, no you don't, you stupid lying bitch. So, according to your retardation, landlords are benevolent people who eat $1,300 a month to give you a place to live? You're either dumb ass fuck and have no idea what you're talking about, a lying kike trying to spread your goy rent poison, or you have some retarded saint for a landlord. Who is this mother Teresa of landlords you rent from? He deserves some sort of public award or recognition, St. Landlordia.Listen really close, dumb shit, rent is always more than owning. If it weren't there would be no money made by landlords. If owning cost more than renting landlords couldn't exist. How are you so dumb as to not understand this?You have to be a kike spreading your landlord horse shit (renting from me is better, goy), or a very dumb person. You have no idea how property works or what the fuck you are talking about.
>>515169423Home owners will shove their jewish inflation gains in your face without acknowledging their 25+ year mortgage.
>>515174517Oh, so your stupid ass does understand this a little? Who the fuck is your landlord, that let's you stay there for almost half what he could leverage your house for. Is your landlord a retarded person, a saint, what's his kike problem?
I live at my parents house or in my rav4. Renters are suckers. House owners are bagholders, that shit costs way too much money if you actually account for all of the expenses. People look at like bought 300k, now worth 600k and think it’s all ROI but they don’t account for the 200k spent on renovations and 100k spent on maintenance. They also don’t account for the 10% fees when selling. Mortgage amount vs rent amount is a comical comparison.
Imagine renting to retarded immigrants and holding a 20+ year form of debt hoping somehow it'll figure itself out Holy shit
>>515174755It only makes sense if you live there and utilize the space
>>515174551Rent is what the market can bare you dipshit. People rent houses out to lose less money, not to turn a profit. They are also willing to accept a short term loss because they are speculating on asset price gains due to how stupid the market has been in recent years. I hope we see mass foreclosures on and more prosecutions for all of the mortgage frauders like that doj bitch claiming multiple primary residences for lower interest rates.
>>515174551>If owning cost more than renting landlords couldn't existyou are retarded. landlord has a paid off property so can afford to undercut a mortgage. whereas you are taking on 30 years of debt at 6%+ rates, taxes, insurance, and repairs. landlord just collects checks and tells you to stop putting thumbtacks in the wall like it's a federal offensekeep seething boomer, TQQQ keeps going up.
If you're a poorfag you should be living WITH ROOMMATES (or in familial homes.) If you got a sub 3% mortgage and you have no bad debt and you have a good job (aka not a poorfag) you didn't make a bad decision, you're just currently making bad decisions with your extra money.
>>515174919Multi home owners are leveraging that USD will devalue faster than entropy of nature.
>>515174662And, after two years they can sell it, realize those gains, put it into a like paid for property and pay no capital gains tax. Try that with stonks.
>>515175108Which is kind of bullshit the property you live in isn't taxed when sold and the Fed is doing fraud to abuse this loophole.Stonks are retarded I only value Bitcoin
>>515169722How much do you think that costs? Land clearing, foundation, septic, power, framing, roofing, painting, plumbing, electric, permits for literally everything, contractors for anything you can't do yourself, housing while it's being built. The government makes it extremely difficult to do this without getting fined out the ass on purpose and having them demolish your house. Then there's working through a lender to get the loans to do this in the first place, which isn't as simple as a mortgage.
>>515169722in the US good luck getting permits to do shit if you're not some national builder moshe kike
>>515175417In USA it's basically defaulted to an illegal economy to survive, or moshi goy kosher approved loans that are dumb and inefficienct
>>515174919>Rent is what the market can bare you dipshit>>515174921>landlord has a paid off propertyYou're both dumb as shit. The majority of these landlords are not millionaires sitting on piles of paid for assets. They leveraged your house to buy the other retarded rent anons house, and now they have leveraged his house to buy another fucking house. You don't understand how housing works as an investment.If I own an investment property and I sell it I have to pay capital gains on any of the money that I don't stick back into another property. But, I can mortgage the property, take out all the equity, pay no capital gains, because it's a loan and I didn't actually realize any gains, just leveraged them, then I can spend the money on whatever the fuck I want. Go, buy another house, whatever blow it. Rent is directly related to the amount a house can be leveraged for. The bank will base the loan amount for an investment property based off of the comparable rentals in the area.Your mythical St. Landlords, too dumb to squeeze every bit of leverage out of your slum dwelling, do not exist in the real world.
>>515175928Don't forget to deduct the interest from tax because it keeps all the goy in line lmao
>>515169722This. Thinking of buying some land and build my own house. Can't be that hard. Some measurements there, a cut here, nail over here and bam. You got a house baby.
>>515176099Oh yeah, and there are all sorts of tax breaks. >>515176339It's not that hard, you can figure it the fuck out. Lot's of places allow for owner builders. You can go pull permits, just like a contractor, with no license. The only time you will need a license is if you're dealing with a bank. Get some building plans, apply for the permits, then Google how to do whatever the plans say. If you have any questions, call the building department, go down there and bug them. That's their fucking job. It's not rocket science. You will can probably do a better job as a novice, trying your best because it's yours, than professional builders doing it as cheap and as quick as they can, can do it.
>>515174517>*be this retard*>The rich/powerful will surely cause hyperinflation, which will benefit the entire debt-slaved middle-class! I'm sure of it! My debt interest will definitely be less than inflation this year!lol naive retard
>>515170701and these peopl;e are stupid and cant handle the paymentes when they get refinanced and now the house is empty fridge is empty and they cant fill the gas tank so they fucked
>>515169423If it is a choice between getting a loan to buy a shitty appartment which I then have to wageslave my life away to pay and paying blood money to some old hag then I am fine with the latter. It is not like I am looking to start a family of my own or whatever. Then again I also have a fairly comfy townhouse my parents own. If things go south I can always live with them for as long as I wish
>>515176965Good advice, my uncle did this and explained it to me and there are books on this.Something I should do
>>515175317>for anything you can't do yourselfjust fucking imagine
>>515177185It depends on what the debt is financed at. It's a gamble that USA will figure their shit out or default. But nobody takes into account the ripple effects and I what their plywood box will be worth in economic uncertainty.
>>515169423>struggling to sellHas he tried lowering the price?
>>515177490In uncertain times mobility is very valuable. I've been reading about the Irish travelers and how to figure out a more cleaned up version of that
>Fuck yourself this way!>No fuck yourself this way! Learn to ignore numbers quantity posters and your life will improve better than and stock or house.
>>515169423>your future isnt an investmentim glad you think like that makes it easier to take your money
>>515169423>struggling to sellEveryone who treats housing like a commodity deserves to suffer. Good, fuck him.
>>515178168You believe you'll hold property value in stagflation economy? Relative to USD yeah but you'll be holding that bag lol
>>515169423Renting/leasing is smart when you're rich because you offload the problems of ownership to someone else. Your car breaks down, the dealership brings you a fresh one. Your plumbing gets clogged, it's a problem for the building super. It's not that smart when you're middle class because you have actual need of assets.And of course "smart" doesn't enter into poverty, you get what you can afford.
>>515170466>yeah, property appreciates at 3% YoY, basic bitch S&P appreciates 8% YoY, a "great deal"Until the browns move in.
>>515178327When you have 8 figures the general public is unreal to deal with.
why would anyone buy a house in a neighborhood that is eventually going to get overrun with spics and jeets?
>>515169423I've made the math, it's the same, renting or buying cost the same. The rent is exactly the same amount as the interest I would have to pay. I would also be able to buy exactly the same surface (but not in the same neighborhood) that I'm currently renting, nothing bigger than 2 room (1 bedroom). I m single and if I was buying with someone, we could afford 3 rooms (2 bedrooms). The system is design to give you the illusion of choice, but your are just a tax payer. I leave in a small city, and earn 2x the minimum wage, which put me in the 20% top salaries. My father was a factory worker and my mom a minimum wage cleaning lady who started working out of boredom into her late 40's. They own a 4 bedroom house and 2 appartements, fully paid. They stop their education in high school.
>>515176965>>515176965>License to build I'm not familiar with this stuff. Do you really need a license to build your own house like example if I know carpentry as a hobby will they go after me if I build my own house?
>>515179429You have to have a building permit. In most places, not big cities, you do not need to be a licensed builder to get a building permit. So, you as just a regular person can get a permit to build yourself a house. You still have to pass all the same planing and inspection process, but you can do it yourself. If you are getting a loan from a bank to build the house, then they will most likely want you to have a licensed builder.
>buys>I GATTA SELLwhy. you bought it to live in in, retard>buys in a shit area>can't sellWOW IM SHOCKED. maybe next time you won't buy in the middle of a shithole and buy a nice house on the coast next time. if you buy in a nice area by the water your house will go instantly and you can save 40k on a realtor by doing it yourself, that's how fast it will sell. fucking IDIOTS
>>515176965Good job, honest anon
>>515170230>Shit always breaking or needing maintenance>Property taxes (rent) goes up every yearI sold my house last month. Home ownership is a meme
>>515173571>mortgage payment: $1250>tell rentoid retard it's $3000>it suddenly doesn't mind paying my full mortgage with an extra $550 cherry on topThanks chump.
>>515174021Are you a fucking mongoloid? That’s exactly what he said; go read it again, slowly. Maybe mouth the words as you read them or point at each word.
>>515169423I dunno, I love owning a home. I pay 2100 in property tax a year, and 1100 in insurance a year. My grandmother sold me her house for $1 before she died so I could have it scott free. She basically saved my life. Now I have a ton of savings and no money worries. It's also fun taking care of and improving my house too. Got a guy (white of course) coming over to paint my house and porch for 550 bucks this month. Can't wait to see how nice it'll look.
>>515180981Based. The first time my hot water heater went out I panicked but manned the fuck up and learned how to replace it myself. Now im confident in fixing everything in my house.
>>515180809he combined the end of one sentence and all the next as his quoted sentence so yes, he is a mongoloid lmfao
>>515169423its an attempt at creating a narrative>dont buy goy, its not worth it.>rent instead, own nothing and be happy.anyone that isn't retarded knows that owning property is better than renting.buy outside of cities though, as cities are the most pozzed places in the world, regardless of nation.
>>515179429i think the rules are for american people.
>>515179429Yes, it's Freemasons (all local government) on a power trip.
>>515176339you want to use bricks, not plywood.
Disregard fiat. Obtain clay.
>>515181893Bricks are a meme, go with reinforced concrete slabs and floor to ceiling windows or you're a bitch
>>515170230>he thinks the dollar losing value is appreciatingAll that appreciating only increases the property tax burden which will inevitably eclipse the original principle and you will be a goy slave to the gov forever, zero foresight
>>515182140You're too fucking dumb to understand any of this. If you are paying rent you are paying for all of that on someone else's investment. >b-b-but you pay land taxes>I pay land taxes on a kikes house I rentYou're fucking stupid
>>515169423There are several "rules of thumb" that have been totally broken.Here are some of them:>Fair monthly rent should be 1% of the value of the propertyAbove 1% == better to buy, below 1% == better to rent.This is an ancient rule of thumb that has been totally busted for some time now, with actual rents being closer to 0.5% normally.>Your rent/mortgage payment should be 33% of your gross income.Closer to 50% these days.So wages need to go up, rents and mortgages need to fall. Everyone has already been squeezed to the max.Boomers all locked in super low interest rates, so they can't move, but if they just invest in government bonds, the government is literally paying their housing.
>>515170466 Now do the math on how much you need to pay in investment and rent vs living inside the investment at a lower ror
>>515182601Yeah it's funny how rules of thumb change. "Having a television in your home is like having a Jew in your living room" somehow became "Netflix and chill."
>>515170701You dont think all that shit is factored into your rent? Retard.
>>515171770>muh maintenance and taxesFactored right into the rent, moron. Everything down to the lightbubs.
>>515173571The math is that the landlord owns it outright from years of cucking renters and his mortgage (0) is not comparable to your entry level poorfag price.
>>515177693We have things like concrete foundations, indoor plumbing and electricity, Pedro. Its not as easy as throwing a sheet metal hovel together
>>515183152go back to india
>>515181702>owning property is better than rentingand renting is better than a 30 year mortgage
My cousin is trying to sell his place but is getting lowball offers and refusing them.A year ago I was telling him there would be a housing crash soon because peoples incomes are WAY out of whack with the cost of a home and he would mock me and tell me housing always goes up. Now he's all just like "I know what I got!" when trying to get the price he wants for his place. Been on the market for 3 months now, asking 500k for it. Highest offer he got was 450k, which was near when he first put it on the market. He's not getting offers over 420 now.
>>515172995I have friends that bought a house maybe 10 years before covid hoax. They pay mortgage. They always mention how owning a house is the same as renting only it's more expensive and with the longer term.
>>515172995If you take 100k for a down payment, put it in a good portfolio, get 10%/year instead, that's 10k/year. If your rent is on average $1400/month over 15 years, your rent is effectively around $500/month. How is the house the better option here?
>>515183841>30 year mortgageif you take out a 30 year mortgage, you are a nigger.you shouldn't be buying a house that's worth more than 3 times what you make a year.if you make 30K, the house shouldn't be worth more than 90kif you make 50k, the house shouldn't be more than 150kand so on.if you are trying to buy a 300k house and make minimum wage, you deserve to own nothing and to not be happy.its better to own a shitty house worth 20k that requires a lot of work, than taking out a 30 year mortgage.
>>515184303Lol no. Owning a $300k doghouse in a shithole is not worth it at all.
>>515184615normies are too retarded to make financial decisions.
>>515184739Decision to live in a shithole with no high-paying jobs for hundreds of miles is retarded unless you're already rich and retired. Any non-nigged area worth living in, doghouses with no A/C start at $600k. The only winning move is renting a house, earning a lot of money, then buying a house in a cheap area, and retiring there.
>>515185018i dont worry about that, i already own a house, i dont have to work to pay for anything, since i have family members that handle that.i'm living a simple life.
>>515169423Did you know that it's the mark of the Beast described in Apocalypse? The jew will force you to take mortgage which is forbidden to Christians and Muslims. Only jew protestants made it permissible. Those who refuse the mark can't buy or sell, forced to be screwed as rentfags.
>>515174116>Buying one of those 100k shitty premades is looking pretty good right now.That's what I said too until I found out they all come with a fuckin 458 dollar a month HoA fee and the land is rented and they'll ncrease it if they want and you can't leave cause your house is there.
>>515170230>appreciating
