/biz/ - Business & Finance

>>12717449
where is your house located

Where else are you gonna live

>>12717456
New York State

Bad LARP from NEET

>>12717460
>new york
>complains about taxes

LULW move to the midwest

>>12717460
>New York
You dug your own grave anon.

>>12717449
>Not buying a duplex to have a renter help cover the mortgage...
Not gonna make it

>>12717460
ConEd is the fucking worst.

>>12717516
>wanting to live in a non coastal area

>>12717460
It's so bad here, and it's only going to get worse until we get rid of democratic governors for a while

>buy house/property in full for hundreds of thousands of dollars in one payment
>you now "own" it
>refuse to pay property tax
>eventually the property that you "own" is taken from you to get the tax man's money
So why the fuck would anyone ever outright buy a home? What's the point/advantage?

>>12718068
You still pay property tax when renting. But at least you aren't held captive and can instantly pack up and move if your city goes full commie like NY.

>>12718068
If you're renting, you're at the mercy of the landlord who can raise rent or evict you whenever he wants. Your rent is always higher than what you would pay for property tax if you own the home.

no reason to buy a house unless you can rent it out like chinks do here:

>be in uni
>live in SINGLE ROOM in apartment in 2012-2013
>apartment worth 200,000$ in Van at that time
>chinks convert 1 bed+den into 3 bed by putting up a wall and renting out den
>700$/rm/month
>chinks pulling in 2000$ish/month on 200,000$ investment
>apartment worth 440,000$ now

do the ROI on that. fuck this fucking sellout chink country

>>12717449
You would be paying for that shit if you were renting anyway dipshit.

>>12717822
>wanting to live in a coastal area
Midwest has all the benefits of coastal states with none of the drawbacks

for reals like boomers have done well on house values but they fucking poured every cent they have into that shit for 40 years now

>>12718311
They really are buying a lot of real estate.
Why do so many of them vote democrat though /biz/?

>>12718068
Exactly
Take the Caravanpill anons

>>12719346
So they can import more cheap tenants for their slums

>>12718311
australia is the same anon i fucking hate this shit get me out of here

>>12719437
This looks comfy. What do you do for electricity and bathrooms?

>>12720325
The real question is where does one park a trailer? In my area lots are expensive.

>>12720445
You park it inside a starbucks and say it's racist if they take you out

>>12718311
im from spain, no different here

it should be clear by now that by 2030 both bitcoin and china will dominate

>>12720325
>>12719437
>t. gypsy internet defense force

Private ownership is discouraged by heavy taxation and regulations.
The US is a not the same country it was. If you're buying things like this and it stretches your finances at all you're likely just falling for the trap and getting squeezed.

>>12717460
>And that's when I knew it was a larp

>>12717460
hmm thats weird

>>12719071
Bullshit. I've lived in both. Coastal living is fucking amazing.

>>12717449
>mfw 0,8% interest on loan (ALL FEES INCLUDED)
>mfw 100% increase in prices the last 5 years
>mfw I dont pay off my mortgage
>mfw my housing costs are lower than my rent cuck friends


Feels good man. I invest 1333 euros a month into index funds. Cant wait to rent this apartment out to rentcucks or full time airbnb

>>12721359
mfwmfw