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/biz/ - Business & Finance

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20577160 No.20577160 [Reply] [Original]

>my mortgage is £500 a month
>people pay £900 a month rent for properties the same as mine

Bros... can you believe how dumb renters are, I've found the key to financial freedom

>> No.20577198

The average house price in Australia is about $700,000.00 even if I had that money I'd rather invest it in equities and rent, so that I'm not shackled to a cumbersome immovable illiquid asset for 30 years.

>> No.20577218

>>20577160
GL retard when prices crash and you're paying 500 quid for a shitty deanobox that's worth fuck all

>> No.20577254
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20577254

>>20577218

>> No.20577442

>>20577160
But how many years is that for?

>> No.20577773

>>20577160
glad you saw the light, fren

>> No.20577806

>>20577160
I pay 200$ a month for my mortgage since I bought a manor in the Vietnamese highlands

>> No.20578033

>>20577160

A couple of my friends said the same, now they've basically signed a contract which comes down to them having to work for the rest of their lives to pay off the mortgage.

Not to even start on the extra pressure it can put on your relationship, what if you're not happy together anymore and want to split up? So much more of a hassle.

As a renter I can freely go wherever I want, relocate, life together, life alone. If there's a crack in the wall of my apartment, or anything else happens to the overall structure of the house - not my fucking problem mate. I won't be here in 5 years.

>> No.20578056

>>20577160
Yeah but can you leave it all behind in 30 seconds may the situation arise?

>> No.20578061

>>20578033
retard you would need to work the rest of your life to pay rent too....

>> No.20578067

>>20578033
COPE

>> No.20578082

>>20578033
>>20577198
you know you can just sell your house if you cant cope with the mortgage, you sound like its terminal

>> No.20578142

>>20578033
Based

>> No.20578144

>investing in concrete
>2020

>> No.20578426

>>20578144
>he doesn't flip real estate
that's my goal eventually.

>> No.20578443

>larping on /biz/ in a desperate attempt to normalize the retarded Boomer market
MOOOOODS somebody wants to go back to /b/

>> No.20578456

>>20577160
What is opportunity cost of the money invested in the house?

>> No.20578475

>>20577160
yeah in the UK property is crispppp, up north is the best, houses are cheap af but people still playing you like a grand a month