/biz/ - Business & Finance

>>20296696
only in burgerland you have to have a house and get defensive if you dont. here in germany nobody gives a fuck

>>20297383
You can add Leaf land to this list

>>20296696
Yeah man fuck equity just blow your money on rent with nothing to show for it.

Oh yeah and neighbors in apartments are 1000x worse.

>>20298074
that's how they get you. everyone tells you how you're missing out on the equity, but then a flood, earthquake or climate change happens and then you're underwater. it's a fucking trap i tell you

I want a house so I can make it how I want. I spend a lot of time inside the place I live and nothing is right. I want a nice kitchen, huge bathroom spa with sauna and steam shower, a home gym, an office, a home theater. I want soundproofing so I could sleep through wwiii. I want something that's mine and I can do whatever I want and not hear any shit about it. It doesn't take 30 years to pay back 150k and besides that it's a good 25% less than rent minimum for a good 25% more square footage. My apartment won't even let me paint the walls white so I'm stuck with ugly ass boomer beige.

>>20296696
>getting stressed over random shit breaking and shitty neighbors
How is this any different than renting?

Just buy a house for an amount a loan you can repay on 20years. Consider it to be a rent during those 20years. If you happen to lose the house during those 20years,"it was just a rent". Otherwise, "I won a house from my 20years of renting".

That's how you need to think about it fuckiing moron.

>>20296696
shittty neighbors, or neighbors or of any kind, is the only deal breaker really

>>20296696
A house only makes sense if you stay put in the same location for a decade. And with job security the way it is, that closes it a bad deal for a huge chunk of people, esp. singles looking for bigger salaries.

>>20296696
Cope. Im not okay with it and will never be

>>20297383
The average german is peak wageslave and poorer than the average greek du dummer hurensohn
Deutsche wohnen und co sind totaler abschaum und almans wie du merken nichtmal wie hart sie abgezockt werden
Aber ist ja ok, dafür haben wir ja so ein tolles sozialsystem und ne verpflichtende staatliche rente :^)
So ein reiches CLOWNland :^)
>Every man needs to own his own house cuck

>built rental houses over the course of 5 years
>total land cost and materials cost was totaled to about $100k
>they’ve all paid themselves off and the rest is pure profit other than land taxes and yearly insurance premiums

Yes, fuck actually owning things. Slave away forever and pay a landlord. Trust me that it’s the best $800 bucks (+3% per year rent increase) you’ll spend every month.

>>20296696
american construction standards for suburban homes are really low, living near a city center isn't worth it anymore. if I can afford a ranch out in the country id consider it, but if property taxes shoot up im getting a large camper van and living on the road, it's not difficult

>>20298734
i don't want to live in your sheetrock shit house 5ft from my neighbor

>>20297982
15% of Canada's GDP is housing. We're so fucked

You are still paying a mortgage if you rent, just not yours

>>20298811
Yes.

>>20296696
>shitty neighbors
This is way off the mark friend. The quality of people that rent in an apartment is drastically different than people that can afford to live in neighborhoods/condos. I've done it all.

>apartment complexes
scum
>condos
moderately successful people, young yuppie families
>house
first off you're neighbors are in a completely different building, not living 10 feet away from you separated by a wall. You actually make friend with your neighbors.

>>20298704
>buy house
>in 5 years the neighbourg gets filled with albano-kosovars stealing shit
>always paranoid
>always limited to the shitty jobs near the area
>0 liquidity

great investment

>>20297383
No one but Yankees care about houses. They think it's some sort of status symbol.

>>20298903
*your

i'm gonna buy or build a big house on a lake once link moons

>>20296696
have fun wasting a shitload of your money on rent. a good house is the perfect protection against inflation and if you buy the right one and arent a lazy shitbag about general ezpz typical maintenance like cleaning, lawncare, etc it should be essentially maintenance free for decades
>>20298317
what is home insurance

my wife and i net $120,000 a year and we live in a very based very red small-medium town community. im not going to say where because i dont want people stinking up the place with their presences but life is perfect

>>20297383

Imagine being proud of of being part of a permanent underclass

>>20296696
Alternatively, rent. But also invest with residential real estate company. That way you invest in a prime city with good rtv not limited to where you live.

>>20298903
you dont want to make friends with your neighbors. do you want people coming up on your driveway and front door all the time? fuck that. my relationship with my neighbors is tim taylor to wilson, fence friendship. thats where it ends.

>>20298734
>decent house costs 500k - 600k in my area. not even talking about near downtown. actually in the semi undesirable parts
>need a garage; storage for my business activities
>need at least 2 bdrms; so i can live with someone as a 30 year old to help with the mortgage

can't wait to drop100k - 200k down payment just to have a roommate

meanwhile the businesses i buy have returned anywhere from 50% to 400% per year

>>20298977
No I agree, arms length. But it's a different vibe. An apartment complex is essentially like making friends in NYC. No one sees each other twice, the paradox of living like sardines and yet being so disconnected. A neighborhood is like making friends in a small town, the relationships are healthy/long lasting.

Even in a neighborhood you really are only making friends if you have kids that are the same age as the kids next door (or are the kid making friends next door). But my point is the quality of people is *generally* much higher in a cul de sac than a big apartment complex.

>>20298911
>doesnt buy a house
>in 5 years his rent has nearly doubled
>work all day for another man, then give all that money to another man so you are allowed to use his property
>always paranoid landlord might kick you out
>spent months searching for a halfway decent apartment in any bigger german city if you have to move out
>sometimes cant even own a fucking pet or smoke inside your home, because landlord might be against it

Meet me up if you need a bull to fuck your wife cuck

>>20299026
>need a garage; storage for my business activities

Oh ok Walter White.

>>20298977
>fence friendship
omg that's the word
thank you anon, using this

>>20298911
>Rent Appartement
>The neighbours that live wall to wall with you are pieces of shit period
>always paranoid
>Have to let landlord in for routine controlls
>Cant build stuff around as you please
>Work so your landlord doesnt has to

>>20297383
That's because Europoors are too poor to own anything. Too poor to own an automobile, too poor to own a home, too poor for air conditioning and too broke for decently sized food portions.

>>20296696
not me.
my landlords used to jack up my rent 10% - 20% every year. shit sucked. now I just have to save for property tax once a year and it's all paid off. easy money.

Imagine living in an apartment where you can hear the footsteps, the TV, and the arguing. Renter life is the life of the caged cuck

>all the fags in here arguing about rent vs a home
>not taking the van/trailer pill

>>20299535
You only need air conditioning if your house doesnt have thick massive walls
Mcmansions are just big sheds really, dont know why you wouldnt build in stone, bricks or adobe instead in hot regions

>>20299535
AC difference between America and Europe comes down to geography. Large parts of the US are uninhabitable without AC. If you just look at coordinates NYC (farther north than most of the US) and Madrid (farther south than most of Europe) have almost he exact same latitude. Most of Europe is farther north than anywhere in the US besides Alaska.

>>20298530
An apartment is more likely to break shit. They don't care because you're gone in a couple years. A house lasts longer because you fix it right and diy.

homeownership really isn't for everyone. I fucking love it though. paid mine off early so I truly live free of the jew. property taxes and insurance combined come out to under $200 a month. I have a nice garden and no one can kick me out. there are downsides but I wouldn't go back to renting unless I had absolutely no other choice.

>>20299190
huh i live with my mom and im saving 100% of my adsense lol enjoy wagecucking 100 km away when your business fails

>>20299458
>buy house
>neighbours are shit
>stuck forever
great investment

Why are people scared of a "30 year loan" but are not at all phased by having to pay rent forever?

>>20300834
this is fucking /biz/ in a nutshell

>>20300834
because you aren't tied to a specific location forever in a job market that's a clusterfuck

>>20301454

You can still move when you buy its just a little more expensive. You aren't "locked" anywhere. And its certainly cheaper if you don't plan on moving very 1-2 years.

>>20296696
I bought a condo a year ago. Nice little place just for me. Got it crazy cheap too, $83,500. High rise building, overlooking Lake Michigan in Chicago.

Laying less per month than I was with rent, building equity, and have an HOA if something breaks they’ll fix it for me.

No lawn to mow, Mexicans take care of the landscape and do a great job.

I love my little condo. Plus I get to live alone.

Now I need link to moon so I can pay off a big chunk of my mortgage and start renting my place out in a few years and buy another condo in a better building.

Rinse and repeat