/biz/ - Business & Finance

He does, who the fuck wants to be a rentcuck?

>>54367292
You can buy a one room apartment unless you live in a place with retarded laws where you can't own apartments the way you own a house

>>54367277
And yet i have

>>54367277
its not the bill of needs its the bill of rights

>>54367292
EVERYONE is an eternal rentcuck.
You do not really own anything but your own body, and even that requires upkeep.

Property taxes, home insurance, roofing, fencing, plumbing, and all sorts of home repair paid later and you will realize you are still - and eternally - a rentcuck.

Your alternative proposal?

>>54367277
False
All a single man really needs is a cabin innawoods.

>>54367292
The average landlord who has bought in the last 3 years is either making a 3% cap rate at the expense of a huge credit/equity risk… or is now paying more in a mortgage than a renter with a similar apartment is renting.

Who’s the real cuck?

>>54367314
I fore sure own my coins

>>54367277
>>54367314
Correct.
Even if you have the money, it is a massive waste of time to own a house.
Oh you are going to hire some people to do the work for you so you don't spend all day chained to a lawnmower etc?
Congratulations you are paying rent again.
Houses are for women, winners live in their glampervan with starlink, drive to events or park up right next to the workplace, and win battles. And pay zero (0) taxes or rent.

>>54367277
I owned a 1,400sqft 3bd 2ba ranch as a single man from age 21 to 25. I generally agree with you because:
1) Working full time and taking care of a house is a lot of work. Especially if you work mon-fri 9-5. Leaves in the fall were the worst because it was dark out by the time I got home and weekends were weather-dependent. I'm older and married now - having a partner to split household chores helps A LOT.
2) 3bd is just unnecessary as a single adult and anything less is usually a bad investment. You'll pay more in interest and taxes on a 3bd house than you would in rent on a 1/2bd apartment. Financially, it just doesn't make sense unless you rent out rooms.
Age 25 - 28 I rented a 1bd apartment. Plenty of space for me, saved a lot of money, and I had more financial freedom since my net worth wasn't tied up in home equity.
Age 28 - 29 I owned a 1 bd condo. Way nicer than the apartment for the same monthly cost, but life comes at you fast and I got married. Had to sell for something larger and ended up losing a bit of money in closing fees.

>>54367277
>need

>>54367277
im buying a house as a single man. i want a basement or a garage for a workshop. i want to learn woodworking and machining. can't do that in a cuckpartment.

>>54367308
>owning house bad
>owning condo good
Yeah you might want to check historical price differences between houses and condos before speaking out of your gaping asshole dumb faggot

>>54367277
True we don’t need one but we want one anyways. It’s a key part of making it.

Lol, 4b2b 320k 20% down 2.75 interest rate 1300 monthly PITI single male with 174k annual income (8,500 monthly post tax because i pay up front) anything I don't want to do myself I just pay someone to take care of (e.g. landscaping). My gym is in my house, my battlestation is fucking awesome, I smoke weed play guitar and music loud as fuck and do whatever the fuck I want and my dog has a yard to play in. cope more rentoids

>>54367277
ok, why

>>54367277
Yes I do.

>>54367277
I have a gf but I don't allow her to live in my house. And I rent a room out to one of my employees for some side income.

>>54367520
These bugmen chinks and jews on here can't comprehend the need of a basement/shop or yard for hobbies, you can ignore their low effort trolling because they can't imagine a life that isn't jerking off 24/7.

>>54367626
>I have a gf but I don't allow her to live in my house
holy BASED. treat that bitch like an outside dog.

>>54367277
>Fact
You vill live in zee pod

>>54367724
It's not like that. I'm not a misogynist. But she's constantly broke and shitty at cooking/cleaning. How would I benefit from asking her to move in with me? The bar girl I was banging at my Thai hotel in 2019 has better housetraining than my gf.

>>54367277
I want land so I can play minecraft irl on my land and build stuff and dig caverns and farm and stuff like that

>>54367809
that's actually smart. my gf lives with me but she barely pays bills because she's nigger poor and sucks ass at cooking and cleaning. never should have allowed this. when i buy a house i'm breaking up with her or only allowing her to stay until 11 pm, and she has to use a dog door.

Houses are great because you won't ever have to hear Shawntrell's music blasting through your shared wall at 2am.

Correct, he needs to buy three house. Renters need a place to live.

>>54367308
>buy an apartment
>still have to pay rent
>still told what you can do in "your" place

Why are you so concerned with what other people are doing? Why are telling single men to stay renters forever? Are you simultaneously posting in other threads saying that women are too expensive and monogamy is a myth? Why are you not only posting constant demoralization threads, but also giving bad advice contingent on that demoralization working? Why are you trying to keep men single and broke and convinced that it's a natural state of things and entirely the world's fault?

>>54367631
lots of apts have basements/ garages. or just rent a garage. dont have to mow lawns and if anything breaks it aint on you. youre better off renting and having a house sized investment in a crypto that can be staked to pay ur rent. more upside potential than a house

>>54367277
Wrong, women see a man that own a house as attractive. The fact still remains that Boomers are the primary buyers and sellers in the housing market. This is not bullish. Just keep biding your time.

>>54367944
Not OP but if someone gets shut down through the psyops they don't have what it takes to make it. Only so many of us can be (rich) neets.

>>54367277
It is a truth universally acknowledged, that a single man in possession of a good fortune, must be in want of a house.

>>54367277
I bought a house as a single man in 2012. Previously I had upgraded from a 1 bedroom apartment to a townhome for the garage. Because racecar. Renting a garage separately would have cost more. The mortgage payment for a single family starter home was the same as I was paying for the townhome and fixed for 30 years, plus I would get a bigger garage and proper driveway and I would be building equity instead of pissing money into nothing. Then I reduced costs back to what I had been paying for a single bedroom apartment by renting out a couple rooms to one of my buddies. Now I've got a wife and two kids and very glad I chose the path I did because my house is currently worth 250% what it was when I bought it not to mention the interest rates.

>>54367314
>he doesn't have roofing and plumbing that will last 100 years without insurance
NGMI

>>54368014
>lots of apts have basements/ garages
do you not understand what an apartment is?

>>54367881
>>54367536
Like I said, unless you live in a retarded location. Congratulations on your retarded locations.

>>54367277
I do. I want to be free.

>>54367469
>3bd is just unnecessary as a single adult and anything less is usually a bad investment
Why is a 2bd or 1 bd house a bad investment?

>>54368584
families buy homes. 3 bed 1 bath is too small for a family.

>>54367277
cope
seethe
dilate
you will never be priced in
stay renting
stay poor
stay mad

>>54367277
I bought two

>>54367277
a single man does need to buy gold and silver though... that's why i buy tgold and tsilver (latampoors can't buy fractional gold) from aurus precious metals. i've been buying ax and staking them on their wallet to receive tgold and tsilver, i redeem them eevery other week for physical gold and silver that arrives at my doorstep.

>>54367277
Single people that smoke weed need to buy a house if they respect their neighbours. But I can't afford that so my neighbours can go fuck themselves and complain to the government. If it's ever a problem for me just kill me, I am not your slave. I am not here to make the choices you want based on my abilities to jump through your hoops. I am a capable member of society and the only reason you get nothing from me is because you don't want what I have to offer.

>>54367277
Technically a single man could survive in the wilderness butt naked and living off the land. Just because you don't necessarily need things doesn't mean it is a good idea to forgo them.

>>54367277
>be 27
>buy 990sq foot house for $125,900 in 2019 for 2.795% locked mortgage, $10k down
>current payment with retard (((property taxes))) is $1100/month
>no land lord to report to, except ultimately (((property taxes)))
(((God Bless America)))
I own silver. The only true money.

>>54367277
Single man doesn’t need a big house, still needs a small house on a big plot of land. Open space and privacy is the most valuable thing in the world to the single man.

>>54367414
The landlord 100%. You will still be renting no matter the price. Landchad will be building equity and eventually buy another property ad nauseam. Cope.

>>54369077
Depends how you get to spend your time.
If buying a house requires you to wageslave and house-maintenance-slave and government-paperwork-fees slave and also locks you down to one boring location with a monster commute through hellish traffic to get anywhere interesting.... then living out of your car could be better use of your short time on earth

Straight white men are realizing that ((((landlords)))) are the actual enemy, and we're seeing stupid frog threads with gaslighting statements pop up more frequently. Reminder that executing landlords is the imperative of traditional, liberty-loving European men.

>inb4 commie/antiwork/etc..
Jews love your little -isms and -ists. Doesn't work anymore kek

>>54367314
I do literally all my home and auto repairs. You can learn how to do anything on the internet. If its something I can't fix or nigger-rig, then its probably not that important and I can just do without.

>>54369191
go back

>>54369123
>Retail landcuck bought the top
>thougt he could get in on the landlord game after a 13 year bull market
KEK. You're 15% down virtually everywhere and knee deep in your overleveraged assets. Gonna love the squeals you make when you foreclose. You had 13 years

KWAB

>>54369029
kinda based

>>54369262
>uhh you don't NEEED a house xD
Yeah, you need to go back commie nigger.

>>54367277
You need a place to sleep, point blank. A mortgage and rent are nearly the same price, but you can sell your house and get some money back, if not outright profit. It would only be a bad idea now due to interest rates, but in general, a house is better. I prefer knowing my land is my own to do with as I please. If I want to hang a hammock or start a rose garden, I fucking can. Renting a beige/grey box I can't hang photos in or go outside to some greenery, my own private greenery, for 70% of my monthly income sounds like hell. Imagine living paycheck to paycheck, unable to cash out on anything if you got completely tired and wanted to do something else. I'd rather KMS than rent in this economy.

>>54369294
I never said that, who are you quoting?

>>54369123
For 10% of the price of a house you can legitimately start your own business and make far more than cuckquity in a negative asset such as land. I took less than $20k to start mine. It nets me $60k/year* with almost zero effort, I quit working snd pay rent for less than a similar place for sale and can sell my brand for 6x profit (360-420k). Your house is worthless and is keeping you poor in comparison. Houses are meant to keep you sheltered from elements, kikes made them (((financial assets))) and engineered them to make you lose money while schlomo and goldstein started every deli, jewelry store and clothing brand you know about…. And you fell for it like the dumb nigger cattle you are! Lol, lmao even.


Cuck.

>>54369362
You felt the compulsion to defend the people who annihilate housing supply (corporate judeo-landlords) so the only logical conclusion is that you're an anti-private property commie.

>>54367277
A single man can just live with hiis parents. Fuck buying housing. What's the point. Just don't piss em off.

>>54367446
Kek, stinky van bitch.

>>54369423
>You felt the compulsion to defend the people who annihilate housing supply
You mean the government?
>(corporate judeo-landlords)
That's the symptom, not the disease
>so the only logical conclusion is that you're an anti-private property commie.
I could say the same thing about you

No but if you want your money back you'll buy several. Imagine leaving your money in an insolvent bank with worthless treasuries LOL

>>54369642
It's easier to commit war crimes in your own home than your parents.

>>54369400
no one here is counting the cost of opportunity. investing extra income in something like the S&P will increase your net worth far more than buying a house. Home ownership is a lifestyle decision.

>>54369696
go back

>>54369823
Not pictured: price of a house in 30 years

>>54370105
incredible reading comprehension

>>54367314

Own quad. Have the other 3 apartments pay taxes, repairs, property manager, etc.

>>54369209

Minimum wage hero. They will make a movie about you one day - Clutch to Stairs, Anon all About Dem Repairs.

>>54370761
shit if you are living there you dont even need a property manager.

>>54368249
The scary part about that is even if your old shit works better than all the new shit eventually if something does go wrong your insurance company pulls out all these clauses saying that since you didn't upgrade or do maintenance you aren't covered and suddenly you have a 75k plumbing and electric bill over night that isn't covered. The housing jew always finds a way to get you.
>t. Knows many housing and insurance jews

>>54369362
That's right, I support Jeff Bezos who makes his workers do the wagie shuffle. It's how we get the American workforce right in the mood? Oh I see you had to pee as well? Better not take a minute more than five from your last item scan. Now get up and dance you 50 year old boomers and 20 year olds. We got croc buttons of Kylo Ren, Darth Vader, and Mickey Mouser to deliver to society.

>>54367315
Wait until you get married and have your wife pay half.

>>54367277
can buy studio condo

>>54370105
>Not pictured: 30 year average house appreciation after 2 massive housing bubbles is a measly 5.4% before this current bubble pop.
Oh shit 5.4% per year (net 2.4% after inflation) and all I have to do is devote 20% of the purchase price, a mortgage that eats 3/5 of that annualized appreciation (before inflation lol), be forced to stay in the same place, repair/upgrade the property constantly and potentially lose it all because my insurance company beats me on a technicality after a disaster.

Or I can use that downpayment to not be a fucking retard, invest in stocks (if im too lazy/stupid to start a business that has exponentially higher return profiles) and gain 10% (7% net of inflation) and take all that extra money I paid to maintain my property (roughly 40% of the rental value, so approximately 1.2-1.4% of current market value per year) into more stocks or opportunities.

Lets run the numbers: 300k house, 60k down, mortgage (today) $2,000/month. Maintenance, $300/month growing at minimum 3% inflation per year.
Total mortgage payment: $780,000
Total maintenance payments: $135k using simple annuity formula (P/r-g(1-(1+g/1+r)^n) which averages $4500/year over 30 years.
Total capital contribution: $915k
Estimated value before fees (y30): $1.5m
Net gain (before fees): $585,000

Lets now check that same capital contribution in stocks:
$60k (down payment) @ 9.9% : $1.018m
$3600/year (only maintenance investment) @9.9% $1.1m
Total paid: $171k
Total value: $2.1m
Net gain: $1.8m
>retards actually believe housing is a good investment. Must be why jews, banks and the average American goy cattle all love it so much…

>>54367277
Do you not own stuff or want room for hobbies?

>>54371878
>but anon, what about rent inflation
Glad you asked, fuckwitt. Rent inflation is quickly countered by the benefits of:
1) ability to move to cheaper areas, especially thanks to wfh and nomad life
2) the ability to move in a whim makes you more likely to be able to change jobs to increase your income faster than a landcuck who needs to pay for a new fridge or air handler after it was stolen by niggers who moved in next door (who were also “smart” enough to buy a house but with government subsidies!) and also instantly cratered his local property values. Oops!

In practically all scenarios (except outliers), house owners were economically and socially worse off for buying.

>>54367314
you could build an icf house with stainless steel plumbing...etc...

>>54369679
>You mean the government?
Landlords are literally the people lobbying for the government to adopt shit like green policy and land permit restrictions. 80% of politicians are themselves some form of landlord, big or small, or come from rent-seeking slumlord families.

Use your brain and think from a raw min/max perspective. What the fuck would you do if you were some corporate land kike? Your best interests would be to flood your host nation with a retarded amount of people (increase demand), and choke the life out of any new real estate development and resource extraction (kill supply). Kind of weird how the biggest winners in this clowned housing market are landlords, as the middle class gets giga fucked and private ownership dwindles away. Also weird how this happens in the middle of a "supply chain crisis". Whoa! Would you look at that! "Climate emergency" shilling has also never been higher! Look at all these coincidences which are immensely in the interests of landlords to the detriment of the lemmings!

>>54367277
Don't need one if you don't plan on having kids either. Dual income no children is the only easy way to get by now days.

>>54371878
wtf are you spending $300 a month on for maintainance
bought house for $160k two years ago, worth $360k now and I can live in it forever with my roommate paying the entirely of my mortgage ($750 a month)
rentcucks could never

>>54372144
Insurance, taxes, repairs, lawn care, improvements, general upkeep costs, etc.
You are a landtard so you most likely have no clue wtf you are paying, should be paying or will be paying because your mutt iq is too low. GL

>>54369362
... w-why Thatcher?

>>54372857
She did nothing wrong
T. Paddy>>54372857

You're right. I don't need one. I want one.

>>54367277
not having a house is why he's still single
almost like its human nature for a woman to desire a man who has resources and an environment for raising children. but naw, thats crazy, i'm just an incel that needs to touch grass

>>54368168
>women see a man that own a house as attractive
I own my own house, car and business and I'm still a 30 year old virgin.
I don't think they're that attracted to it.

>>54368014
Whats up with you niggers and mowing the lawn. Just lay bricks in your garden if you are so lazy to "mow".

Im starting to feel glowies here want you to own nothing and be happy

Shut the fuck up, boomer. I hope you can protect all of your rental properties; I'm coming with my cooking grease for your kitchen sinks!

>>54371711
You will never get married if you really think this would happen

>>54367446
>and win battles
What kind of battles anon, you got the scoop on the next beyblades tournament? Which parking lot this time?

You are a serf if you do not own the land you reside on. Stake your claim and make a stand. The quality of pussy jumps up to top notch once you earn security. Don’t be a serf all of your life. Get a mortgage with a 50% deposit, pay off the rest over the next few years. It’s yours. That is yours. It’s not only a home it’s also a greatly appreciating asset that you can use in the future should you want to upscale.

Rent-cycle is modern serfdom. Get the fuck out and be a man. Can’t afford it in your city?
Well fucking surprise surprise. Move into the countryside. Wise up you bunch of yank cunts. You’re supposed to be descendants of pioneers.

>>54369327
Except you can’t because zoning and permits are a thing you fucking gooblegobber.

Renting is monumentally less risky than buying property in this market. Break a lease, no big deal. Bankrupt out of a mortgage that you ended up upside down in? You’re fucked.

Eitherway, if you’re under 35 you should be living on a boat, a van, hotels, and off the charity of women.

With Starlink and a business phone plan you can be 100% mobile.

>>54367314
If you're a man in Ukraine you don't own your body either ;)

>>54371711
When you tell women you still live at home with mommy and daddy, your chances with them plummet.

>>54367277
Really? Because my home has accrued in value over 60% of purchase value and my interest rate is a joke

>>54367277
A man single past 30 is not a man

>>54372284
Insurance is pennies, that $750 figure includes taxes and insurance (escrow). I do all lawn care on 1/2 an acre lot and all appliance repairs myself, piss easy unless you’re an obese retard. 24 and have a net worth of $240,000

I've owned 2 homes before the age of 28, currently building a third. My BEST advice is to rent, save, stay mobile, and not buy into the meme of purchasing a home if you're not married w/kids. My logic:

- The money you invest as a down payment is going to be tied up. Markets are unstable, and you will lose months trying to sell your house if you need to cash out. Don't do HELOCs.
- Your woman needs to be "ride or die" and follow you through renting, living in a trailer, whatever before she lives in a nice ass house with you. That's a great way for her to prove her loyalty.
- You need to be financially liquid. Take risks. Do a startup. Quit the job and live on your savings while you learn a new skill. Etc.
- Buying/selling/maintaining a house is a big job, and takes time away from the above, which is more important while you're young.

Please, please, please heed my advice anons.

I just made $140k profit off the sale of the duplex that I househacked and lived in for ~4 years. During that time period I paid almost nothing in monthly payment as my tenants were paying it. Try again retard.

>>54374377

>>54367277
>Paying rent

>>54367292
Anyone that doesn't want to be cuckwaged for 30 years for a bubbled asset that will be less valuable due inverted demographical pyrammid and inmigration
>inb4 the place i bought at is magically shielded against this

>>54374333
Or if you are a russian cucked by putin forced to be get shot for commies.

>>54367314
You have to wipe your own ass EVERY DAY, too. It's just not fair.

>>54367277
He'll stay single as well, until he buys one.

>>54367292
You should choose a house to buy like a couple of birds choose their nest. Your wife input should be very important and you should only buy once you have decided to have children.
This is basic adulting.

>>54369187
Pretty jpeg. You are vermin.

t. Actual coastal home owner.

>>54367631
>hobbies
Hobbies are the most bugman activity there is. Look at yourself: a killing machine, but fat and making small wooden objects on your garage. Pathetic.

You don't need a 5000 sqft cucklot, land is kino as fuck tho
>t 20 acres

>>54367314
>OH GAWD I HAVE TO PAY TO MAINTAIN MY PROPERTY IF I DON'T WANT TO DO IT MYSELF
You have a point about property taxes, but thinking you're renting just because of maintenance is retarded

>>54368198
>I'm very glad my shelter-cost denominated income has crashed through the floor

>>54369187
Stop squatting in public land, you bum

>>54376728
Correct

>>54367277
If you have enough money to buy a house/apartment, it's actually the worst investment you can make, especially right now, extremely low ROI, high risk (have you noticed your country is turning into a third world shithole at breakneck speed ?), high maintenance, extremely unliquid.

You could have brought dividend stocks for example which make at least 5times the real ROI of real estate, effortlessly, have low taxes, need no maintenance, and are highly liquid, while still paying your rent to a landfaglord baggie.

>>54376728
extremely rare high quality post.
>t. 32 year old home owner with massive regrets

Guys, lets say I can buy a small house without any mortgage. Why should I not do this? The only thing that is stopping me is the government taxing my property. You still have to pay a few grand each year just because you own it? Seems like a better deal than paying 1200 euro a month for a decent home in the city where i currentlt live

>>54377948
if you can purchase a house without having a mortgage then yes, you will be better off than the large majority of homeowners. and also yes, if your monthly property tax payments are only a few thousand euro a year versus 24000 euro in rent then yes, you would be better off owning. the only potential issue you could think about is if anything would happen to drastically reduce the value of the house, or if the house needs a large amount of capital to be put into it for repairs and improvements etc. otherwise yeah man go for it.

>>54377865
if you have enough money invested (millions) to actually generate a livible income with dividend stocks, you will surely be raped when the market crashes
at least I can live in my house for a while, you will be both pennieless and homeless
then again, nobody with millions in dividend stocks is retarded enough to not own some property

>>54369823
you arent considering the inherent leverage built into a mortgage. A 5% FHA loan back in 2019/2020, refinanced in 2021 would have netted you a 5-10x return on capital cost (down payment, closing fees etc) in practically any location. So 10k became worth 50k-100k of equity. During the same period you are up less than 50% on S&P. And no you cant consider mortgage payments as an ongoing opportunity cost, you would be paying rent otherwise. If anything its just another benefit as a locked in low financing cost guarantees monthly payments well below market rent over time. And if you want to move you just turn it into a rental. Anyone who bought before 2021 can literally not lose unless they do some retarded shit like a cashout refi at current interest rates

>>54367446
>Tell me you’re a virgin without telling me you’re a virgin.

>>54377997
Thanks fren, I appreciate your insights. I'm not sure as to what to do. Since like many said, you will be bound to the location. However it seems a smarter idea than putting it in the Standard and Poors 500 (kek) for example. I can always use some of the money I'm saving on not paying rent to DCA in stocks I guess.

God bless you fren

>>54367520
Don’t workshop in a basement Anon. You don’t want that crap air in your house period. Garage or large shed is fine.

>>54367809
>sucks at cleaning
>sucks at cooking

Why the fuck is she your gf Anon? Married anon here, and my wife excels at both those things. She has to because it was required of her to become a wife.

>>54367308
How can you own a room when someone else owns the building?

>>54377916
Ty anon. I try to give back what I can here. Another important mental exercise:

- When buying a home, if you are worried about the value of your home collapsing, losing your job and missing mortgage, etc. do NOT buy it. You are not making enough, and you are not considering it your "forever home" mentally. This doesn't apply if you're an investor and your entire job is taking risks like this.

It's a weird mindset, but the position you need to be in is "if I lose my job, the market tanks, people are starving, [insert doomer scenario], I will be able to outlast the banks". What I mean is, you buy your house, when shit hits the fan, everyone else is underwater before you, and the banks shit the bed due to this before you do.

>>54378400
good advice. i guess my regrets aren't really as massive as they could be, but the career mobility and relocation freedom is starting to weigh heavily on my mind. i'm a FAANGfag and know quite a few people at Meta who are actively preparing to lose their jobs in May. i like my chances to weather the storm due to my technical skillset and experience, but even engineers and technical PMs are getting pink slips. having recently purchased a place and realizing that if i am among the departed or if a better opportunity comes up in a different city i'll be pretty stuck.

>>54376031
>my time has no value since im a retarded mutt and do I value those expenses and all equipments used as $0

Dumb cucks never learn

>>54367277
Do people really move out from their parents before they are married?

>>54378501
that's what happened to me in 2020 lmao. 2-3 weeks after closing on a property, got shitcanned due to covid panic -> govt shutdown absolutely crushing the business I was working for. Prob 75% of the workforce got liquidated in the span of 3 weeks. A few days later I was back to living with my mother 200 miles away and working a different job.

Luckily I went into closing with a worst case scenario response already planned out, so it didn't destroy me financially. The original plan was always to turn it into a rental property so I bought it with that in mind. Created a calculator using conservative estimates to value it as if it were a rental, and all the numbers checked out. It turned into a rental property the moment the mortgage passed the 1yr mark and has been cashflow positive + building equity ever since. But I ate shit that first year as it sat vacant.

>>54378636
sorry to hear it man, but glad things turned out ok. i've made it through worse situations than this, but yea just a lingering thought of what i could have done differently. oh well.

>>54369823
>Upfront Investment for House
>20% down
No one is paying 20% down for a house. The entire post is shit. The Rentoid isn't going to have $125k saved up

>>54378539
Explain to me what extremely valuable activities you spend your time on and how calling people niggers on 4chan is one of them

>>54367277
>38 KB JPG
>A single man does not need
To exist if you really want to take your logic to it's final conclusion

>>54367292
dumb retard.
99% of people who "own a home" dont actually own it. they are renting it from the bank and paying in total over 30yrs far more for the house than its actually worth as interest applies.
so a 30yr home loan on a house that costs $200k will end up costing the person about $325k to pay off the loan. sometimes way more depending on how predatory the loan officer felt that day.

so no. home "owner cucks" are literally bank renters.
they are STILL RENTING u fucking idiot.
only they are renting from a bank and heres where it gets even worse. if they miss too many payments, the bank defaults the loan and repossesses the house. so everything that they have paid up until that point becomes null and void AND they still owe the bank the full amount of the loan.

people who "finance houses" are the biggest fucking idiots there is.
renting carries no risk at all whereas mortgage loans carry a ton of risk.

dyor but if u believe u need to "finance a house" you are buying into an age old boomer finance lie designed to do one thing: enrich the banks and royally fuck u over financially.

if u wanna buy a house, pay for it entirely and dont finance it. THEN and ONLY THEN can u say "I OWN A HOUSE"

/thread

>>54379863
rentoids simply do not have the mental capacity to understand real estate appreciation or inflation on 30 yr loans

>25 year old yuro codemonkey incel loner
>2.7k $ net pay
>300$ rent
>can either gamble on crypto or save money on a huge down payment to get myself into six figure debt for a house I don't need at all and will be a huge liability

I'll rather have magic beans in my computer than a property to maintain that will be mine in only a few decades

>>54378223
>A 5% FHA loan back in 2019/2020, refinanced in 2021 would have netted you a 5-10x return on capital cost (down payment, closing fees etc) in practically any location.
this is an exception to the rule. RE is still currently inflated due to heavy QE, and you're deluding yourself if you think current prices are sustainable. I could just as easily say "if you 5x leveraged the S&P you'd have way more money".
>And no you cant consider mortgage payments as an ongoing opportunity cost, you would be paying rent otherwise
yes, you can. rent is cheaper short term, and mortgaging is much more expensive. you're either sacrificing the opportunity to invest in the S&P by a down payment or larger monthly payments. you have to factor in the TVM.
>If anything its just another benefit as a locked in low financing
you cannot take exceptional mortgage rates and use that as an argument for home buying vs renting. you're only referring to a specific period in time where it was particularly beneficial to buy a home with the advantage of hindsight. if you're going to do that i could just argue that it was much better to purchase apple in 2010 than to buy a home. you can't do that when we talk about averages.
>And if you want to move you just turn it into a rental
this is the only possible way that "home" buying beats the market.
>>54378855
>No one is paying 20% down for a house
higher monthly mortgage = less S&P investment. good try though.

>bring girl back to my 1 bedroom apartment

I feel so ashamed when I do this

>>54374165
>needing to pay off half a mortgage to finally get pussy
when the hoeflation hits

>>54374337
The idea is you rent either a studio or live with friends in a house first.

>>54368168
>Living healthier and longer
No, they're not kek. Boomers are not outliving their parents.

>>54367277
>retard mad he didn’t get an incredible leveraged position at 2% rates

>>54378223
>cherrypick, the post
My numbers are accounting for the investment and additional costs over time already.

>>54367308
You forgot that there's people in apartments you moron. Nobody in their right mind thinks that is an acceptable way to live.

>>54379831
Considering I used my time snd money to effectively retire vs a buytard? Idk, go to the beach, meet women, tan, work out, travel…
What have you done other than work like a wagecuck to pay bills, and like a fucking spic to avoid others, paco? Have you even walked in the sun during a week day without needing to do anything?
>rhetorical question, we know the answer!

>>54367446
>pay to maintain house = rentcuck
>pay to maintain van = ???

what if he already has a couple from his parents and his rich unmarried aunt?

uh sisters my zestimate is up $10k this month for no reason...

>>54379863
>people who "finance houses" are the biggest fucking idiots there is.
>mortgage is 3%
>bank pays 4%
>make 1% for existing
uuuum what am I missing here sweatie

>>54367277
>A single man does not need to buy a house.
Having a house in your twenties in some good place like the seaside or some city with a university and night life can be a huge advantage.
And I am not talking about like hosting parties or such things.

>>54367277
A single man doesn't need unlimited data plans for his internet access, and yet here you are.

It is true that a single man does not necessarily need to buy a house, but it ultimately depends on his individual circumstances and priorities. If the single man values flexibility and mobility over stability and long-term investment, renting may be a better option. Renting can offer the freedom to move frequently and explore different neighborhoods or cities without the financial responsibilities and commitment that come with owning a home. On the other hand, if the single man is looking for a long-term investment and a sense of ownership, buying a house may be a wise choice. Homeownership can provide stability, financial benefits, and a sense of pride and accomplishment. Ultimately, the decision to buy or rent should be based on individual circumstances, priorities, and financial situation.

>>54378315
>Why the fuck is she your gf Anon?
Because I want a vagina to coom in 2 or 3 times a week

>>54367277
How about multiple men?

>>54367277
i did and 6 acres. just need to 1099 harder so I don't have to wage slave again.

>>54377454
i feel like the best thing to happen to me was getting a house. i can't imagine going back to paying rent. the people telling you to rent and give you money away to jews are a real problem here.

>>54378337
He meant condo probably

>>54386935
>t.