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/biz/ - Business & Finance

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57503941 No.57503941 [Reply] [Original]

>> No.57503993
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57503993

>38
>About to buy a house for the first time
>Absolutely demoralized by the fact I'll pay $500k minimum for a shit box and I'll be paying until I'm an old grandpa

>> No.57504019
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57504019

>>57503993
This is the price you pay to live in a Capitalist society.

>> No.57504077

>>57503993
> $
imagine being american and complaining about housing. You are literally in the cheapest 5 nations to own a home.

>> No.57504110

>dude just go into debt for the rest of your life to buy a used cardboard box for $1M from a Boomer who paid $50k for it brand new

>> No.57504116

>aquiring long term fixed rate debt in hyperinflation isn’t the best financial move you can make
The IQ of this board is negative

>> No.57504156
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57504156

This is what 100k gets you in Texas
https://youtu.be/edz3jySbDLk

>> No.57504193

>>57504110
Sounds like a fair deal to me, considering the inflation over that many years

>> No.57504199
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57504199

>>57503941
Mines 15 year. 11 left.

>> No.57504223

>polish dude
>32 y/o
>wife, kids, paid off car
>$80k in crypto
>27 years of mortgage left

I’m buying a factory new Porsche 2 years from now and I don’t give a fuck what anybody says

>> No.57504225

>>57504077
>>57503993
this
imagine being fucking dutch right now lmao. 1.8k euro rent and insane house prices
imagine being a german nigga with 42% minimum wage tax rate KEK good luck saving something over there

>> No.57504353

>>57503993

Personally have been considering living in a rural area about an hour commute from work, can plausibly get a USDA loan at 4.5% fixed, 15yr / 200k loan

50k down would leave me with another 30k to invest

would be slight savings from average rent rates

>> No.57504372

>>57503941
stay poor retard

>> No.57504383

>>57504223
wow bro, 32 year old buying a new car. Baller.

>> No.57504400

Mortgage means death pledge in latin. They had fun with it.

>> No.57504501
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57504501

>>57503941
>>57503993
>>57504019
>>57504110

Do you faggots not understand that you can choose to pay it off whenever or better yet sell your home if you can't keep up with payments? I swear /biz/ is filled with the most brain dead retards acting confidently as geniuses.

>> No.57504692

>>57503941
>rentcuck
bros help me

>> No.57504800

>>57504019
>bunkertranny

>> No.57504812

>>57504501
Rentoïsm is not yet a recognized mental illness, but we know it exists.

>> No.57505067
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57505067

>>57503941
>15/yr, 3% mortgage that I'll pay off in 5 years
Feels good

>> No.57505262
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57505262

>>57504501
>just sell your useless illiquid shit investment when you've bankrupted yourself bro

>> No.57505314

>>57504116
Based and correct but unfortunately I can't trust anyone whose ID literally says "usury"

>> No.57505319

>>57505262
rich asshole

>> No.57505347

>>57504225
42% is the max tax bracket not min retard

>> No.57505610
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57505610

>>57503993
>I'll be paying until I'm an old grandpa
that will never happen as it implies that you have procreated