/biz/ - Business & Finance

You vill put your dick in the bagel, and you vill be happy

>>54650037
No woman hates sex, she just hasn't been raped yet

Owning a house is protection against inflation. Inflation increases by 'x'%? Generally, so does the value of my home. Meaning, I buy a home for $300,000 in 2020 and in 2023, inflation, among other factors, has caused the value of homes to increase to $350,000 in 2023 - I now have $50,000 additional equity

Want to know who REALLY gets fucked? Rentcucks. Because now instead of paying $300,000 for a house, you have to pay $350,000 for one and if I, the MortgageChad, ever want to move and get another house that 3 years ago cost $300,000 but now costs $350,000? Well, that's no big deal because guess what? I sat on my ass and did nothing except pay "rent" and am not affected whatsoever by rising home prices. My payment would remain the same on the more expensive home

Every minute you spend rentcucking is literally pissing away about 3% of your annual income into the trash ON TOP OF the money you're pissing away on rent. Here's the real kicker, because I, the MortgageChad, accrue equity everytime I make a payment, after a few years I could afford a $400,000 house and have the exact same payment as I did on the $300,000 house.