/biz/ - Business & Finance

[Anonymous No.19691787]

Daily reminder that buying a house IS renting. Youre just renting from the bank instead of a landlord.

Youre literally renting money and they can margin call you whenever you decide you dont want to work for 30 years.

[Anonymous No.19691818]

>>19691787

and even if you have it paid off you're just renting it from the government and if you can't pay property tax they take it

[Anonymous No.19691839]

>>19691818

Even if you get land you're still renting.

[Anonymous No.19691851]

Buying a house is for idiots. The government can confiscate it at any time. Much better to invest in crypto and rent

[Anonymous No.19691852]

>>19691787
the best move is to buy the house cash for 10% of your net worth

[Anonymous No.19691863]

Yeah but the debt is fixed and the asset can go down. So you can end up hundreds of thousands of dollars down by mortgage vs rent

[Anonymous No.19691909]

>margin call you whenever you decide you dont want to work for 30 years.

Yeaahh, what do you expect them to do just say sure fine just keep the house, don't pay us? Lol.
If you can't afford to pay for housing the bank will foreclose and kick you out (but you get your equity back). Same scenario as with renting, you're kicked out.

You make payments to the bank, true, but if you're not a bum you're essentially paying yourself every month and in 30 years you have a whole lot of something rather than a whole lot of nothing.

[Anonymous No.19692214]

> they can margin call you whenever you decide you dont want to work for 30 years.
You do plan on paying your house off, right anon?

[Anonymous No.19692241]

>>19692214
anon lives with his mom.

[Anonymous No.19692267]

>>19691787
yep, except when my house is paid off my "rent" is $300/month [utilities included :^) ] opposed to $1,500 (median rent in America)

Also, if I lose my job I can cash-out re-finance and pay my mortgage for years to come whereas you rentcucks will literally be forcefully evicted after 30 days past due LOL

[Anonymous No.19692289]

>>19691787
>after 30 years of renting from the bank, I now rent from the government (tax) for significantly less

>after 30 years of renting from a landlord I am still renting from that landlord for the same rate.

It's a no-brainer.

[Anonymous No.19692394]

>>19692267
Stop posting. Get rested up for work. gotta pay that mortgage.

[Anonymous No.19692414]

>>19692394
I have a normal adult job, you know, the ones with weekends off :^)

[Anonymous No.19692420]

Wow so many seething rentfags. Fuck I’m glad I’m not poor

[Anonymous No.19692446]

>>19691839
either way you're a slave.

[Anonymous No.19692456]

>>19692289
>save down payment
>invest it into something

>have way more than you could ever make being boggled down on a huge house you couldnt afford

[Anonymous No.19692463]

>>19691787
holy jesus people actually think buying a house is a bad idea.

>protects against inflation
>youre not paying someone elses mortgage or lining someone elses pocket which is ((cuck))
>at the end of the mortgage term you have an asset which has appreciated in value
>if you have a real job, you also have investments in roth IRA, crypto/stocks

[Anonymous No.19692491]

>>19692456
tfw my mortgage payment is less than what i was paying to rent a much worse house

idiots. you spend the same amount of money or more renting or paying a mortgage

[Anonymous No.19692532]

>>19691787
THIS IS WHY YOU GET A 15 YEAR LOAN AT 2.75% SO YOU ONLY PAY 40K FOR THE INTEREST ON THE LOAN.

[Anonymous No.19692541]

>>19692456
>buy $200,000 house
>FHA loan, 3.5% down ($7,000)
>rentcuck invests $7,000 @ average 7% annual ROI
>after 30 years has $53,000
>MortgageChad™ has $485,000 in equity (house appreciates @ average rate of 3% a year)

pftthahahahahaha yeah, great job you dumbass rentcuck

also, my monthly mortgage will be ~500/month for EVERYTHING in 30 years whereas in 30 years youll probably be paying close to $3,000/month hahahahhahahahahahaha

[Anonymous No.19692551]

Why don't you just inherit?

[Anonymous No.19692567]

>>19692541
This I own 2 houses, 1 is rented out and pays for it self. Some other fuck is paying the mortgage and taxes.

[Anonymous No.19692576]

>>19691863
This. It's like Boomers never heard of Section 8.

[Anonymous No.19692601]

>>19692463
>just wageslave for 30 years and then pay thousands of dollars every year after or government thugs will evict you at gunpoint

[Anonymous No.19692608]

>>19692463

>house is an asset
>lives in it but doesn’t rent it

Liability you mean fren

[Anonymous No.19692619]

BANKS RULE THE WORLD
BANKS CONTROL EVERYTHING
WE'RE ALL RENTING FROM BANKS

[Anonymous No.19692623]

>>19691787
That bank will be the ones holding the bag when the market drops.

[Anonymous No.19692647]

>>19692623
>holding the bag

>they already got your 40k downpayment that you traded for a wooden log shaft with gypsum paint

[Anonymous No.19692654]

>>19691787
Rent vs Mortgage.

I have a mortgage and are better off than 90% of my friends and family. The best move is to...

Move in with parents/roomate.

Why?

Because money that would of gone to Jews could go towards stocks/crypto. Which should make you more rich.

Selling my house and moving back in
Still making 20k profit from real estate. Going towards investments.

[Anonymous No.19692742]

>>19692619
(and that's a good thing)

no seriously. banks allowed up to grow at an exponential rate economically

could you imagine having to pay for start-ups upfront in cash? we'd still be living in the fucking stone age. our cities would be 1800s style and run by a single Chad Baron

[Anonymous No.19692767]

>>19692742
no you retard without loans the price of houses and cars and college would go down to where people could afford them

everything would go down because nobody would be able to buy them with no loans and only what people could afford would become the new price

[Anonymous No.19693241]

>>19692767
>>>19692742
>no you retard without loans the price of houses and cars and college would go down to where people could afford them
>everything would go down because nobody would be able to buy them with no loans and only what people could afford would become the new price

>>19692767
But wouldn't wages retreat also?

[Anonymous No.19693257]

>>19692456
How about don’t buy a huge house, but a modest one that suits your needs? Still better to pay your own mortgage than paying someone else’s. That’s pretty cucky tbqhwyf

[Anonymous No.19693439]

>>19692541
>buy $200,000 house

In what dreamworld are you living

[Anonymous No.19693457]

>>19691787
>implying a mortgage needs to be 30Y
>implying equity isn't literally ownership
>>19692394
>stick to the man by living in a cardboard box
>>19692601
15 is a much more popular term, 30 is kinda the maximum
You would rather pay rent? That money just leaves, it's gone, you've got nothing to show for it
>get $200k mortgage at 6%, 15Y fixed.
>$1687.71 a month
>total repayment is $303k
>assume zero appreciation and no other income from owning the house
>down $97k at full equity sale for 15Y of housing
Rentcucks
>Pay $1,000 a month in rent
>15 years later
>down $180,000
"But I can put the $687 remainder into stocks!"
Houses appreciate too
>housechad
>3% annual appreciation, compounding monthly
>15Y later grossing $383k
>minus $303k for the mortgage
>nets $80k
Rentcuck
>makes 8% on $687 compounded monthly
>grossing $238k
>minus $180k spent on rent
>nets $58k
>>>>$22k penile differential
>>19693439
There are many houses near me going for near that figure, they're not shitholes, they're well kept houses on large plots with access to waterfront owned by whites
You need to drive an extra 15 minutes to get to work
Also since 0% down doesn't happen on mortgages your actual loan will be less than the sticker on the house.

[Anonymous No.19693466]

>>19693439
Not in California basedland or Jew York City. Outside there, you can get a nice house in an upper class suburb for $200k.

[Anonymous No.19693487]

>>19691787
Buying a house is not an investment.
It's a lifestyle decision.
done. Easy.

[Anonymous No.19693492]

>>19691851
>Much better to invest in crypto and rent
based. broke a cupboard last week and virgin landlord had to replace them all

[Anonymous No.19693501]

>>19693466
>Upper class suburb
>200K

Only place where I've seen this is in upper class Chicago suburbs where your property tax bill on that 200K home is 8-14K/year.

[Anonymous No.19693511]

>>19693492
>owns an asset, chooses to let it produce income every month
>occasionally has maintenance expenses not exceeding the total revenues from (You)

[Anonymous No.19693651]

>>19693439
The south.

[Anonymous No.19693685]

>>19691787
You build equity up and own an asset that appreciates every year in value. Rent you throw your money down the toilet, you’ll never see that money again.

[Anonymous No.19693701]

>>19691818
Can't you just pay the property tax for years in advance? Effectively owning it completely without worry for that many years. Just pay the property taxes on it for the next 50 years or something.

[Anonymous No.19693710]

>>19692647
Housing Market is in a massive bubble fluffed up by dirt cheap interest rates, what sort of house could you afford with say a 10% rate?When your 400k house is now worth 230k that you've payed 50k into the banks will be left holding the bankruptcy bags.

[Anonymous No.19693724]

>>19693501
>retarded rentcucks making up bullshit to support their cuckholdry
im shocked

[Anonymous No.19693730]

Banks can call you on the full balance of the debt at any time, this happened in during 2008 mortgage crisis and can very likely happen again if corona chan comes back. Lets not also forget that one bad decision with a thot, she can take your house you toiled so hard to pay off, and she can keep it and move in with her new fuckboi's, welcome to feminism in western society.

[Anonymous No.19693737]

taking into account property taxes, mortgage interest and hoa fees add up to just over half of what the rent would be for an equivalent property near almost every major city
renting is for literal cucks

[Anonymous No.19693745]

>>19691818
Fpbp
Abolish property tax

[Anonymous No.19693760]

>>19691787
Have fun earning your landlords equity rent cucks.

[Anonymous No.19693782]

>>19693730
anyone stupid enough to think they can win a game rigged against them deserves to lose everything desu

[Anonymous No.19693797]

>>19693724
woah epic one single line is the cost of owning a home in chicago

zoomer larp cope exposed

[Anonymous No.19693802]

>>19691787
>Daily reminder that buying a house IS renting.
You obviously mean getting a mortgage and not BUYING a house.

[Anonymous No.19693835]

>>19693701
idiot - why would they let you pay at a lower value when land only appreciates

[Anonymous No.19693837]

>>19693466
the only places you can get a nice house for $200,000 w reasonable taxes are located in backwards redneck shitholes in the middle of nowhere USA because no one wants to live there

[Anonymous No.19693895]

>>19693724
this is wrong. ghetto south chicago has low property taxes, and nice white north chicago has high property taxes
https://www.chicagobusiness.com/greg-hinz-politics/if-you-live-these-areas-your-property-taxes-are-about-soar

[Anonymous No.19693931]

>>19691787
Unless you're not poor like you and pay it off in cash.

If you want to stop being poor, FUND solves this. Buy Unification.

[Anonymous No.19693989]

>>19693837
Houses are cheap in Illinois, but that because taxes are crazy, a 400k house here would be a million in Cali.

[Anonymous No.19694092]

>>19693724
Look up Winnetka, Illinois and then report back. Run down houses have been sold for <$300K. 8K+ property taxes on those houses (assessed higher if greater square footage).

Presumably you can get a run down upper middle class single family home for 200K in a >90% White suburb with $250K+ median household income but you will pay 8-14K in property taxes per year.

[Anonymous No.19694118]

>>19693802
No, brainlet OP and his merry band of retards actually mean that buying a house and paying property tax is the same as renting.

[Anonymous No.19694124]

>>19692267
>t. unsuspecting tax victim

[Anonymous No.19694130]

>>19691787
unless you know actually buy it

[Anonymous No.19694138]

>>19692491
>>19692541
what happens if you need to move? let's say you lost your job tomorrow. there's one in the next state over. now what?

[Anonymous No.19694160]

>>19693457
>Houses appreciate too
Until they don't. The idea of shelter-as-investment is very very new and clearly terrible for the economy.

[Anonymous No.19694203]

>>19694160
This. It makes literally zero sense. Land appreciating in value eternally is understandable but not houses. It's so obviously an unsustainable bubble but mortgage cucks and their 'muh equity' FOMO bullshit can't see it.

[Anonymous No.19694279]

>>19691787
Daily reminder: Rentcucks pay my mortgage and property taxes while I live off the profits.

[Anonymous No.19694425]

>>19692742
>>19692767
>>19693241

Banks lending for speculation is literally ponzi lending. If we all lend money to pump asset prices, with the assets themselves being the collateral, it's just an unsustainable self inflating bubble. Just think about it, what value is being created? Are prices going up due to value creation and economic growth, or is it inflation?

Of course people won't complain either because they just see their assets going up in price and they think they're getting rich, when in fact it's all inflation. Due to the nature of inflation, those who hold the money initially before the effects of inflation kick in are able to spend the money with relatively low downside. However, in the end, society as a whole loses as the country's monetary system starts coughing up blood.

Ban speculative lending. Loans should largely only be for things that increase productivity, value, and GDP. Fuck central banks.

[Anonymous No.19694448]

One has an end in sight, the other doesn't.

One allows you to sell and withdraw whatever money is left, the other you're still a broke poorfag.

Simple as.

[Anonymous No.19694459]

>>19694279
What will you do when your property value drops in half and you are leasing at a loss.

[Anonymous No.19694460]

>>19691787
Don't forget you rent your home from the state through taxes. You also rent your life from the state through taxes.

[Anonymous No.19694483]

>>19691787
At least the banks cant force you to take a loan. The state forces you to pay taxes always. Banks are literally better "masters" than the state.

[Anonymous No.19694601]

Pls respond.

[Anonymous No.19694618]

>>19694203
>>19694279
>>19694425
Please read this
http://prawd.sweb.cz/filo/housing-price-2X.htm

[Anonymous No.19694642]

>>19693701

No you can't pay in advance. The taxes also go up every 4 or 5 years.

[Anonymous No.19694648]

>>19694425
>Loans should largely only be for things that increase productivity, value, and GDP. Fuck central banks.
You have the correct mindset, anon. And before anyone tells you that an economy based on actually-existing resources and labor is bad somehow, know that Marx, Lenin, and Hitler all agreed on this.
Money is tool, a token of labor. Debt is a claim on future labor. When banks print money, they are (in a very real sense) stealing from your future to get rich now.
Money isn't scarce. Resource and labor are.

[Anonymous No.19694656]

With all these cops getting defunded soon you can just rent for free forever for the low price of the lowest price gun you can buy.

[Anonymous No.19694660]

>>19691787
But what else am I suppose to do I need somewhere to live

[Anonymous No.19694673]

>>19691818
Property tax is the tax you pay for the protection of you private land that you are renting from the US.

>>19693745
Abolish all tax except property tax

[Anonymous No.19694678]

>>19694648
Mostly agree, but I think money is a tool of exchanging value. Labor is not the only valuable thing that exists. Value is subjective. Different people value different things at different amounts.

Debt is a tool just like money, but tools can be used badly. Avoid consumer debt anons.

[Anonymous No.19694772]

>>19694673
I think if you can prove a long standing history of ownership on a certain plot of land you can actually gain sole ownership of that land and can be exempt from even property taxes.

[Anonymous No.19694779]

>>19694660
Buy an apartment or build a tiny house so you can get around property tax laws.

[Anonymous No.19695845]

>Buy a house
>Get kicked out if you don't pay tax and mortgage
>If boiler breaks or you get damp, flooding, electrical fires, rodents, literally anything YOU have to pay for it
>Planning permission laws, busybody neighbours, surveyors, councils etc mean you really don't have that much freedom with what you can do
>'BUT I CAN PAINT THE WALLS ANY COLOUR I LIKE'
>Yeah, so can I, not everyone has some psychopathic boomer landlord
>'BUT IN 50 YEARS I'LL OWN IT AND SELL IT FOR TONS'
>In 50 years my parents will be dead and I'll inherit their houses so who gives a fuck, I'd rather be comfy and rent until then
Is there anything more based than being a middle-class renter?

[Anonymous No.19695898]

>>19695845
Im a trust fund babby with a rent free apartment while my wagie flatmate gives me free money for the other room. Is that based?

[Anonymous No.19695953]

>>19695898
yes

[Anonymous No.19696796]

>>19692541
>>MortgageChad™ has $485,000 in equity (house appreciates @ average rate of 3% a year)
you forgot 3.5 interest on the loan over that time + taxes + expenses YOU ABSOLUTE FUCKING NIGGER YOURE NOT FOOLING ANYONE YOU STUPID LITTLE SHIT FUCKING END YOUR LIFE

[Anonymous No.19696858]

>>19691787
> 30 years
Retard. You do realize you can prepay mortgage? Typical 30 year loan only lasts 7 to 8 years fool due to prepayment.

[Anonymous No.19697214]

>be rich
>buy house

get fucked rent cucks

[Anonymous No.19697299]

You have to pay Taxes, Maintenance usually 2-3% of the value of the house every year (there will be contractors that perform bad work), decoration costs, maybe a lawn service or at-least a lawn mower, plus you waste a ton of time cleaning and doing bullshit keeping the house up. Buying a house is a liability for the most part. You do get more privacy and the luxury of being able to do what you want. There will never be a landlord snooping inside your house. Houses are mostly a big expensive box that is constantly having issues. If you buy a house made before the 1970’s there were probably dangerous building materials used in the construction or no good insulation.

[Anonymous No.19697709]

>>19692532
>only 40k
That can buy you a suicide stack of link, worth millions in the near future.

[Anonymous No.19697802]

>>19697299
>If you buy a house made before the 1970’s there were probably dangerous building materials used in the construction or no good insulation.

I thought it was modern cardboard houses built by Mexicans that have shitty insulation

[Anonymous No.19697878]

>>19695845
>paying for something you own is dumb
>paying for something you don't own is smart
>doesn't understand how appreciation on a low interest leveraged asset works.
>spending half your income on nothing

If your entire argument, as a poorfag, for not wanting to own a home is "I don't want to fix stuff that breaks" you're ngmi

[Anonymous No.19697981]

>>19692541
You also need to factor in property taxes which will increase quite a lot in 30 years, maintenance costs which over 30 years will be substantial (2 new roofs? New hvac? Plumbing, electric, gas, flooring, paint, garden, septic???), the neighborhood can transform quite a lot, and you're giving up a lot of potential if you succumb to living in the same place for 30 years. Rent cucks are not COMPLETELY retarded. They pay $0 if the house crumbles to the ground. Landlords fix it, plus they get a tax break for doing so, it's a comfy relationship

[Anonymous No.19698015]

>>19697981
>They pay $0 if the house crumbles to the ground. Landlords fix it, plus they get a tax break for doing so, it's a comfy relationship

can confirm
house burned down landlord gets fucked
I also got really fucked but at least it was not my fugging house lmao
all landlords are scum
have fun fighting it out with my insurance lmaooo

[Anonymous No.19698048]

>>19693457
>nets $80k
Minus 15 years x property taxes and maintenance that renters don't bother with. Your assumptions show homeowners are about $60k better off, but 15 years of property taxes is about $20k+ depending on state (Illinois it would be lol $50k+) and maintenance at 1% home value per year is another $30k so really y'all need to calm your farm

[Anonymous No.19698079]

>>19697981
You can also expect rent to go up as it has been doing so at unprecedented rates.
>you can just move
Ok, and you can pay first, last, security, and a brokers fee. Have fun coughing up 10k just to go live in some faggy apartment.
Theres times it makes sense to rent and there's times it makes sense to own.

>house crumbles to the ground
Houses don't just crumble to the ground.

>succumb to living in the same place for 30 years
You can move and rent your house out.

>neighborhood can transform a lot
Yeah, so buy in a place that is economically diverse and not dependent on one industry. You can also use that logic to your advantage.
>hey this neighborhood is kinda shitty but it's in a really good location and people are expanding outwards.
Not for nothing but thats how a lot of spics have been making their money. They buy some dump in the hood or the outskirts of the hood, fix it up, and sell it to Whites for an insane markup.

[Anonymous No.19698093]

>>19698015
>all landlords are scum
Strongly disagree. I'm a landlord and I'm awesome.

[Anonymous No.19698107]

>>19698079
>Have fun coughing up 10k just to go live in some faggy apartment.
For fucks sake there needs to be age verification on this site.

[Anonymous No.19698125]

>>19698107
Im 32, nigger

[Anonymous No.19698129]

>>19691787
Burgers are just cucked, yearly property tax is the biggest scam.

[Anonymous No.19698139]

>>19693745
land does not belong to anyone asshole, no one worked to make it but God, not you not even the government. You should be happy the government facilitates us to keep a slice of land to ourselves for a while.
We need a progressive property tax, the more land you "own" the more you pay.

Anyone who doesn't understand Georgism (or thinks it is communism) is abysmally low IQ.

[Anonymous No.19698147]

>>19691909
>In 30 years you can make someone else a bagholder

do you even listen to yourself

[Anonymous No.19698197]

>>19698139
K I'll be sure to tell the benevolent goverment to raise the taxes on middle class homesteaders

Berkshire Hathaway owning those 200,000,000+ acres for absolutely free is cool though, daddy powell said it was okay

[Anonymous No.19698237]

>>19693457
I get 0% down because im a doctor. imagine being a literal normie and having to pay 20% down or else you get PMI slapped on top of your gigantic debt XD

[Anonymous No.19698248]

>>19693837

Have you ever been to texas anon? they actually have pretty dank suburbs with nice food and solid homes for about that price range. Really any of your medium sized cities like pheonix, minneapolis, madison, etc will have affordable houses for decent areas

[Anonymous No.19698362]

>>19692463
There are so many factors at play that unless you are talking in very specific parameters it's impossible to make a broad "houses are always better" argument. Closing costs, maintenance, how frequently you move, the growth/decline of the area you're buying in, your personal financial situation, the physical details of the home itself, lifestyle, etc, etc.

There are entirely separate arguments for residential real estate or for any properties where the goal is less a place to live and more a place to generate cash flow. The major difference for this is the insane amounts of leverage you can build.
Ex:
> 200k house
> 40k down, 160k in residential mortgage
> put additional 20k into improving the home
> rent it out at 5% CAP
> refinance home at 260k, netting 40k liquidity
> With the 40k in liquidity, use as downpayment on a second home
> rinse and repeat
If you want to get into the landlording business, the vast majority of your properties will be financed by debt but the cashflow from rent will keep you above water. I'm not convinced that merely flipping houses is enough, there are many areas with houses that are STILL underwater from 2008.

[Anonymous No.19698401]

>House prices can only go up

pffffffffffHAHAHAHAHAHA

Then: NORN IRN
Now: YOO ESS AYY

[Anonymous No.19698432]

>>19694203
houses are built on land.

>>19694138
Rent your house out or sell / 1031X it. Potentially do a cash out refinance and use the equity for a downpayment in another home in that state. Maybe something smaller like a condo.

>>19698401
It's called have an understanding of why home prices are valued the way they are. People aren't buying houses right now because morons with bad credit and $32k in income are getting $500k 0% down loans

[Anonymous No.19698453]

>>19694092
This
Lol at comparing Winnetka or Vernon hills for example to chicongo. Jfl. Not the same place. Close but no.

[Anonymous No.19698492]

>>19693492
based
LANDIESSSSSS COME FIX MY SHIIIIIT

[Anonymous No.19698541]

>>19693730
This is only potentially true for rental properties. Primary residence is protected. The mortgage can’t be called unless the mortgagee is in default.

[Anonymous No.19699193]

>>19694618
>>19694648
>>19694678


Based discussion

[Anonymous No.19699360]

>>19691787
>mfw 1,2% fixed 30y mortgage

[Anonymous No.19700357]

>>19691787
But isn't having a house equity?
I mean you're litterly just shifting some numbers on a sheet.
You can always sell the house again (hopefully at breakeven/profit).
Renting, the money evaporates. its gone forever.

I wouldnt want to own a house with a mortgage though.

[Anonymous No.19700447]

Tfw inherited at the age of 19 LMAO
Also btc 6k next week

[Anonymous No.19700456]

>>19698541
If you miss a single payment they can demand the full balance this clause is in all bills including cell phones.

[Anonymous No.19700476]

>>19700357
>wouldn't want to own a house with a mortgage

That's literally the best part. You are getting extreme leverage over a giant length term with minimal interest rates.

[Anonymous No.19700701]

Living With Parents Gang rise up

[Anonymous No.19700790]

>Property tax
>Mortgage
>Debts

I've never heard of any of these

What kind of third world country doesn't let you own land?

[Anonymous No.19700807]

>>19691787
>when you’re done renting from your landlord you own the house outright
Uh huh.

[Anonymous No.19700899]

>>19694673
so if my property gets robbed/vandalized i can just sue the state for the damage?

[Anonymous No.19701027]

>>19691787
Daily reminder that owning anything IS borrowing.

When you die you lose "possession". Eventually everyone dies and it returns back to the earth.
Eventually the sun begins to die and run out of fuel. As the gravitational forces weaken, it begins to expand, eventually engulfing our planet in a red star.

When spent, the sun collapses in on itself before exploding.

Literally every atom and element you see around you is made of such star cycles.

Native americans understood this.
Mother nature eventually reclaims everything.

[Anonymous No.19701342]

Home ownership as an investment appeals to flyover maga brainlets because their fundamental motivation is grounded in a massive inferiority complex, this perpetual insecurity that manifests as an anti-intellectual black and white outlook
the relative return of other assets, all of the undisclosed costs, the time/effort sunk, etc. doesn't matter, because they equate paying any rent at all as getting taken advantage of
in a myopic world view where every single person is either doing the cucking or getting cucked it's easy to see why they think they're somehow ~gaming the system~

[Anonymous No.19701429]

>>19701027
Autism the post

[Anonymous No.19702391]

>>19698048
>Illinois it would be lol $50k+
yes it would

[Anonymous No.19703018]

Should I buy this property when I make it
https://www.youtube.com/watch?v=E655A6txxtE