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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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27586814 No.27586814 [Reply] [Original]

>rent
>Pay 800 usd per month
>Enjoy living utility (consume)
>after 20 years you have a house/land you can sell for half a million at least

>mortgage
>pay 800 usd per month
>Enjoy living utility (consume)
>after 20 years you have nothing

Am I missing something here (inb4 you have to fix your own roof)?

>> No.27586880

>>27586814
what?

>> No.27586942

>>27586814
I think you got them mixed up buddy

>> No.27586956

stop smoking crack rock retard

>> No.27586958

>>27586814
Sleep outside then

>> No.27586969

>>27586814
Incorrect

>> No.27587001
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27587001

>>27586814

>> No.27587002

>>27586814
you inverted rent and mortgage but your argument is way too simplistic, first off are you trying to make a general point that applies to everyone? because not everyone has the economic stability to carry a mortgage all the way through, look for example at covid and how many people lost their job.

>> No.27587018
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27587018

>>27586814
bruhmoment

>> No.27587080
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27587080

>>27587018

>> No.27587295
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27587295

>>27586814
>tfw OP accidentally mistook renting for taking out a mortgage and is realizing for the first time now after having already spent 20 years with 0 equity gained.

>> No.27587421
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27587421

>>27586814
>rent
>pay 5k a month for a basement closet

>> No.27587553

Oh fuck boys obviously it’s vice versa, I just haven’t had my first coffee but the question still stands

>> No.27587650

>>27586814
EAT ZE BUGZ !

>> No.27587651

>>27587002
Yea but then they also be homeless if they can’t make their rent.
With mortgage this scenario will have an upside of easier credit (refinancing) if you’ve been paying your mortgage like a good boy

>> No.27587674

>>27586814
upkeep of a house is incredibly expensive

>> No.27587771

>>27587553
The mental capability of /biz/-tards never sizes to amaze me.
Back to school you utter doughnut. Your thread is bad and you should feel bad.

>> No.27587827

>>27587674
Land still makes like 80 percent of value.
No upkeep required.
>LE expensive maintenance
Sounds like a meme cope

>> No.27589056

>>27588888

>> No.27589156

>>27587827
He is right.

>broken pipes
>water heater
>roofing
>painting

You never realize how expensive a home is until you are responsible for it. And it all happens immediately.

>> No.27589541

>>27587827
My fence was knocked down by a wind storm, that cost me $1500 to fix
Also had to replace broken dishwasher
Shits expensive dude

>> No.27589600

>>27586814
This nigga doesn't know what words mean

>> No.27589854

>>27586814
>FED decisions make the interest rates rise by 0,0001%
>complete market collapse
>house is now worthless
Thanks I will be buying your bags

>> No.27591173
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27591173

>/biz/