this is unironically a huge issue because women are most affected
>>536637025
>>536637034
>>536637025Houses are and always have been money pits. But what wasn't mentioned is so is the rent now.
>>536637025Okay but having a place to live is a necessity, fucking retard.
>>536637025should be dragged outside his house a be clubbed to death
>>536637034Her house and her boyfriend.
>>536637034Perfect for their cats to piss in and nigger bvlls' to visits.
>just invest in this thing we have no idea why it goes up
Currently he isn't wrong. But it all hinges on trends staying the way they are. As long as the market isn't going to over correct in the next 10 years, its the better bet. Especially with homes being super inflated. That being said if you can buy a home without getting a giant mortgage, you should still do it
>>536637025>200k-2M10% of what? over what time scale?this shit makes no sense. meanwhile boomers get houses AND stock growth
>>536637025But I cant live in a beneficially owned share of stock. Clearly propaganda against retail pulling out of financial markets.
>>536637025My mortgage is less than what renting the same house would cost me from some boomer niggerI guess what they're saying is this:Don't own your own home and fill it with your family, rent from a kike and live with 5 niggers, then use that extra money to gamble on the stock exchange.Does this sound like good advice?Or does it sound like more kikery from your local Rabbi?
>>536638188He's doing the kevin o'leary schtick; point to the dumbest members of a group and claim that's all of them.>oh a nigger smashed your windshield and you had to replace it?>you must be buying avocado toast everydaycompare>oh you own your own home?>you must have bought one that costs 10 times your yearly income
>>536637759Was there ever a point where the market didn't go up given a long enough period of time? Didn't it always outperform inflation?Sure, you can make better investments but then you have to know what you're doing.If you're just putting some money in the sp500 without having to think about anything that's very convenient.and relatively safe as an investment. Do some in precious metals and some in teh sp500 and keep some cash on hand for emergencies. No?
>>536637025is that ed kemper?
>>536637759The difference is that as boomers die off, house prices are very likely to go down (at least, when you take inflation into account). It's basic supply and demand, fewer people means that land and housing will be cheaper. Sure, there will be areas that for one reason or another start to attract lots of people, and housing there will level off or increase. But the average cost of land will go down, though it will take awhile.
>>536637025Again, who cares what women think? Once baby ovens are invented, women will be obsolete.
>>536638657Its less about going up and more of the rate that it is going. Currently the way the rate is moving, it makes more sense to invest in the market than to invest in real estate, especially if its a new build. >>536638848Well mass boomer die off is still only beginning, we have at least 15 years before we hit majority boomer death. And in the time, renting and investing will set you up to purchase these low priced homes. Honestly if I was 20 again, id just get some mid to high paying job and just squirrel away money until I was mid 30s and then purchase all these boomer homes. Plus the interest rate will probably be much lower in 15 years.
>>536637238Jeet demand at the low end of the rental market has put upward pressure on prices across the entire market. Who'd have thought importing millions of third worlders willing to sleep 8 to a room could do this?
>>536637025I live in a 1 bedroom apartment in Bumfuck, Nebraska and I have $600,000 invested in a mutual fund and some side stocks and I lift weights and watch YouTube all day. I’ve driven the same car for 20 years and I get laid a few times a year and I save money on food by hunting and fishing, it’s not bad.
>>536637025>overbought housing market gives less RoI than the S&Pshocking fucking revelation hansany other bits of normgroid slop you feel compelled to repost from twatter you fucking faggot? might as well get it all out ITT
>>536639118You think in 15 years we won't have millions of more migrants in our countries?
>>536637025I do that already. Been doing it for years and I now uniranically have enough to buy a house after renting for years. So it does work.
>>536638188This.Here too almost everyone rents out their apartement by either looking at their own mortgage and asking more than that from the renters or looking how much the mortgage would cost and asking more than that...
>>536637759He is wrong though. But a new construction house and you get warranties and don't have to worry about fixing old shit. Mortgage stays the same only slightly increasing as property tax increases. Meanwhile rent goes up with inflation. Then in 10 years you can sell the house and recoup your money.The most import thing you people fail to acknowledge is that you WILL live right next to niggers if you rent, no matter where you live in this nigger infested country. That alone should be enough to do everything you can to buy a house. Renting is for literal retards (city fags) and people right out of college.
>>536637025I just signed the title to my house over to my and my wife's names. I pay over 1k less than a rental of the same home in my area. Renting should be for jews only, like they have to rent from Whites.
>>536638188Checked and correctMoney spent on rent have -100% returns.
>>536637025>Invest at 10%That's like some retard who once gave a magical tip to make money>Bro, just invest at 20%, it will seriously pay offI agree. Where do you find that though?>huuuh, that one guy did itOkay buddy
>>536637034Have to ask if the women bought the house or won it in the divorce?
>>536637034I bet it's mostly old widows making up most of the gap
Bought in 2014 for way cheaper than rent in a shitty apartment. House is worth way more now but would still be cheaper than renting the same shitty apartment now as well.
>>536640811since 1999, qqqq has slightly higher than 10% annual total return
>live your life for the almighty dollar, it's the only thing that mattersno
>>536639118>>536639814There is no fucking way modern society has 15 years left in the tank.A fifth of kids are gay.
>>536638074I assumed 10% of income.
>>536637025If this guy is so smart then why is he so fat?
>>536641584how do you get to a specific dollar amount by only specifying a percentage of an unknown dollar amount?
>>536641728Excellent question.
>>536638848>what is infinite immigration?You won't have house market collapse anon.
>>536641728He's a pervert and a goyslop addict.>decent takes tho>>536638074>10% of what? over what time scale?Net or take home income. If you make $500/wk, something like $300 probably goes towards bills and expenses, so $200 is what you have left. $20/wk. Thats over $1k a year you could be putting into the market and making ~7%. >this shit makes no sense.This is why public schools are useless.
My mortgage + property taxes are lower than a majority of rents these days; and when my mortgage disappears my coast of living will be significantly lower. Aside from money it's also a quality of life thing, I'd rather own a detached home than rent a goypod even if the pods were cheaper.Going back to money rent control is going to disappear at some point, it's going to get alot worse. They want you living like an Indian/soldier, bunk racks are going to be the new norm.
>>536641861>ran it through AI to generate an answerThat's the reason.
>>536637025this is also antisemitic.
thats what I did. I rented and invested my money for 20 years and then at age 38 I retired from life. Then I sold everything in late 2019. Now I destroy the zionist for fun.
>>536640734Being able to move when there's a nigger on the street is pretty nice, plus it's kind of pleasant to have some fluidity to be able to move to chase higher salary somewhere else. I'm not sandbagging on ownership, but to pretend that renting has no benefits is kind of stupid.
>>536640600>The most import thing you people fail to acknowledge is that you WILL live right next to niggers if you rentThis is an incredibly salient point. Not only niggers, but spics who take up all the parking with 15 cars and work on their exhaust system outside your window (ask me how I know).
>>536637025>ran it through AIWell, that's how you make me ignore what you have to say instantly
>>536637034These women don't own shit. The article should read "women much more likely to take out enormous loans". If you want to know the truth, compare the ratio of men & women that are making their final mortgage payment.
>>536637025If renting was more cost effective than home ownership then no one would ever rent out anything since they own the property. This is axiomatically retarded.
>>536638657>Was there ever a point where the market didn't go up given a long enough period of time?You don't have a long enough period of time, you have your life time. Pic related is the Japanese Nikkei index. Look how long it took to get back to its previous high. Imagine being a young adult in 1990 trying to get ahead financially.Saying that your stocks will eventually get back to your break even point in thirty years is cold comfort. That's your whole life stagnating.
>>536642112He's an eceleb weaponizing people's need to feel special to farm ad revenue.Basically a child fucking priest with a mic instead of a robe.
>>536638188checkedkikes wrecked
Even that is stupid bullshit.If you’re young and have no attachments or responsibilities you should live out of a van and eat your meals at a restaurant and shower/work out at gyms and put everything into savings/stocks. If I could go back I would have spent the decade I was dicking around renting apartments doing that and have something to show for that time period.
Does rent cost less than mortgage in the USA? Here it's the other way around, even with maintenance and home tax on top it's still cheaper to buy than rent, especially once you get 100% loan
>>536640600Warranties expire and if youre buying new construction in the usa, you'll have a grab bag of problems to fix after the warranty is over. Sure your mortgage is fixed but repair costs also go up with inflation. You talk about living next to niggers but your new construction house is made by shitskins who are told by greedy contractors to cut costs and make sure the building can last until the warranty expires. You ever pay for a new roof, or have to get your plumbing fixed? Imagine the price in 7 years
>>536637025So paying $2800/mo. in rent to pay some other guy's mortgage is better than paying my own $1300/mo. mortgage, gaining home equity? As a home buyer why can't I just use my savings in rent to invest?
>>536637759The housing market is artificially floated by investment banks and will continue for as long as the USD is stable. There will be no market correction within our lifetimes
> financelet takeThe benefits of real estate over market investing include the ability to acquire leverage because you can’t get a loan to invest in index funds, the ability to quickly and easily trigger a cash flow event by renting or selling which you can’t especially not with 401Ks or IRAs, and more guaranteed returns because just because boomers got an S&P bull run for their entire lives doesn’t mean you will but land will always go up because it’s always in limited supply.
>>536638074Correct
>>536637025Basically the only way you can not end up destitute and having to blast off in a Justin Trudeau brand maid pod is to tie yourself to the beast and hope your money inflates with the rest of it, and also pray the bottom falls out.I've come to this same conclusion without caleb hammer. You either wagie and bind yourself to the jewish central banks soon enough or you end up without a pot to piss in, staring down 50 and wondering if you should just go in the bush with a rifle and pull the trigger.I live right on the line of that. If I'm a good boy and my employment holds i might have enough to die with some dignity, but it could go either way, I was late to the party and I could end up in column b, which is where some of my friends are, living check to check in debt.
>>536645985*pray the bottom doesn't fall out, taking you with it.
>>536641043No its Girlboss and a mini type women who get 100k nonsense jobs while men are working 50k entry level roles
>>536637311Maybe reread the headline, smoothbrain.
>>536637025yeah cuz the markets will always go up forever
>>536638188>My mortgage is less than what renting the same house would cost me from some boomer niggerAnd the fact of the matter is that with 700+ credit your 30 year interest rate on a mortgage is going to be almost 7%, which means that 400k average house is going to cost you 4500 per month PITI. You're completely correct if you bought 5+ years ago. As a Canadian, you're fucked regardless with your rotating mortgage rates.
>>536637025Renting or owning is irrelevant. The benefit here comes from investing. I wouldn't put 10% in the S&P, but if you aren't trying to learn a lot of investing and you want something safe, then it's better than a retirement account. I'm getting 27% a year on $VLY, and there are many others that return 10-20% per year.
>>536646157Renting loses against owning comparable assets nearly 100% of the time in the long run. Stop thinking in terms of "Am I better off renting or buying?" Instead ask "Would I rather take a guaranteed loss of $2million over 30 years, or invest $2million in an appreciating asset?" You need to have a place to live. Which means you're either going to pay rent or buy a home, likely with a mortgage. On a 30 year timescale, even if a house loses 50% of its value, the owner will still come out ahead of the renter. Something worth pointing out is if you have a 30-year fixed mortgage, your payment will never go up. It will stay the same for 30 years. If you are a renter, your rent will go up every year the maximum legally allowable amount. >Muh maintenance >Muh property taxesYou are already paying for those things through your rent. The worst part is that when you're done paying for those things you don't even get to keep the thing that you're paying for. The reason Caleb says shit like this is because he collects rent. That's it. He doesn't want young people going out there competing with him for houses that he wants to buy. It's the same reason that Dave Ramsey keeps telling his callers to move out of their parents houses. He owns a real estate company. He wants those people moving into *his* houses and paying him rent. There are lifestyle benefits to renting over buying. But there are virtually no economic benefits to it.
>>536637025True but there's usually a big market crash every 20 years or so. You need to have diamond hands during that time and it's easier said than done. A lot of people lose money by sperging out when their investments start becoming 50-70% of their value and cash out to "save themselves" meanwhile the market invariably goes back up.Meanwhile, you can live in your house and not give a shit about the house market since you are likely not selling anytime soon. That like others have said you need a place to live.Yes, you could rent but that doesn't help with generational wealth. You rent, and your kids will also have to rent as a result. Meanwhile if you buy a house and have it paid for by the time you pass, your children have a place to stay that doesn't require rent. Then they can build up their own wealth without a noose around their neck.If this concept was so true, why do people who have wealth not practice it?
>>536637025an average 1200 sqft home in non-competitive markets will be 1.3 million dollars in 30 years.
>>536646696Am I getting something wrong cause other than the last year $vly doesn't look that impressive long term.
>>536646712>The reason Caleb says shit like this is because he collects rent.Correct
>>536637025More like women took out huge loans at absurd interest rates to buy the top and signal status. Most normies who say I bought a house mean I put a down payment and have a $600,000 30 year loan at 7% kek. Also divorced women skew this stat. Women will own nothing when the market crashes and they lose their Jew daycare job replaced by AI. We’re all fucked in the end but at least women will go down with us
>>536642112>7% of $1000 is $70Damn so I lock up my money for a year and walk away with a whole extra ounce of weed. Just grow weed instead.
>>536646117Men are getting pushed out of 50k roles, too.
>>536645335Yeah and get fucked the next time there’s a correction. Stop trying to prop up billionaires.
>>536638848they are filling the houses with subsidized immigrants. why would the orices go down? alright suppose you are right (you arent) just use the money you made from investing to buy a house
>>536637025True. Doubling your investment in 20 years as a homeowner is not "winning."
>>536647918It's not an investment. It's a box to keep your stuff in.Simply not depreciating/allowing you to make a lateral move any time is a win.
>>536637025Rent is higher than a mortgage tho
>>536637025>this is unironically a huge issue because women are most retardedftfy
>>536647918My house was bought for €1,000,000. If I sold it and went sandp etf I could rent a similar house for a fraction of what I would make every year.
>>536637025>>536637034ideally, its better for (faithful) women to own homes, than foreigners.but american women are whores, so they're fucking foreigners in those homes, while their men are sent out to die in another (jewish) war.you can hate the jews all you want, but its the masons that make it possible.
>>536644906But that's not the sp500. No shit it's underperforming.
>>536637238The problem with buying a house in America now is every neighborhood has the potential to become the fucking ghetto. A lot of it is due to people buying homes to rent out. I rent in a neighborhood that used to be nice, when I first moved in pretty much everyone owned their home here except me. Then richfags and banks bought the homes when they went up for sale and now most of my neighbors are ghetto trash renters. Degenerates next door to me sell drugs out of their house. I came really close to buying the house I live in from my landlord a year ago but now there is no way I would.
>>536645335>eat your meals at a restaurantWhat. Just cook your shit on a grill/pan on a flame.I wish my father taught me that.
>>536637055>Men save money while women piss away every cent they have on trinkets and travelWow, absolutely shocking. I’m sure that study was well work the 8 figures the taxpayers paid for that
im too retarded to do investing
>>536637025if your goal is maximizing net worth, pokemon cards will give you +200% returns per year on average
>>536637759If the market corrects enoguh, housing corrects with it. That being said, housing in the long run (decades) will be a worse investment simply because there will be less people and the country itself will be a shithole due to demographic factors.>>536638158If you really want to own, buy land and park an RV on it.
>>536645985>>536646074I'd say 'hold on' but that's not helpful You must have something you love, some hobby or skill that was hard to obtainAll that's really missing is a good woman, from that can grow purpose and a family No one said it was easy
>>536648666We are living through the book of Hosea
>>536637025there's always a cost to housing>if you own, maintenance+taxes+insurance+interest >if you rent, rent some houses can be good investments, but they're in the most historically desirable areas, and no I'm not talking about new builds in the suburbs that look like every other suburb. >>536637034paying interest on wasted space is a bad idea. no single person needs 2000 sq ft
>>536648971I've seen this, but I've also seen places become old (the people not the buildings) and expensive. the average age of homeowners has gone way up, and some cities just look boring now with nothing to do there.
>>536637034LOL hold those bags, ladies
>>536637034Crazy when equality lets an oppressed gender flourish. Guess men kept women down because of their skill issue. It’s why “might = right” is a retard caveman mentality of it’s the only way you can succeed.Fuck you chud
>>536650932>empty egg carton, soulless career, crushing debt, popping SSRIs just to make it through"flourishing"
>>536637025Keep holding the bag little bro I’m gonna get a house
Can anyone explain why are women so susceptible to marketingEven the stuff that gets marketed to men is basically just “this will make you appealing to women if you buy it”
>>536651352Oh god not a woman or trans but men waste money on video games watch sports. Some men even get upset when there team loses.
>>536637025>oh ok I'm going to do exactly that!!>*landlord raises rent*>NOOOOOOOOOOOOOOOOOOO
>>536637034Not many male nurses.And im only seeing nurses buying houses out of college
Caleb hammer is a rent seeker
if you get a good mortgage on a house and rent a room or two it can get cheaper than paying rent yourself, and you will be building equity at the same time. equity that can be used to take out a loan and repeat the process. That is the entire theme of the economic system in the west, you build equity and use it as leverage to take out loans to build more equity. Rent is just pissing away money with no gain, you are opting into the role of the serf when you rent instead of own.
>>536638657I don't think it outperforms inflation if you count in stuff like food energy rent and housing etc.If the biggest inflation areas are not included then the average goes down and those areas seem to be beating the average.
>>536650595Yeah, that's the funniest thing. My neighbirhood has become a cesspit for the most part but the houses are still going up in value. The whole "there goes the neighborhood" trend of property values falling due to shit like crime is over I guess. i guess supply and demand wins out over safety.
