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

/biz/ - Business & Finance

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56451588 No.56451588 [Reply] [Original]

You are already underwater.

>> No.56451612

86% of loans are sub 5%. Keep waiting for something that will never happen

>> No.56451651

>>56451612
This nigger doesn't know about property taxes

>> No.56452214

i already sold and made a hefty profit

>> No.56453501

>>56452214
Smart man, they best move would have been to sell 6 months ago and cashed in the money into a savings account at 5% risk free.

>> No.56453524

>>56453501
the best move would have been to buy LINK or Kaspa with it objectively

>> No.56453610

>>56451588

anyone that bought in the last 2 years probably is or will be soon.

>> No.56453621

>>56453501
with my local market right now is just as good as 6 months ago, sold for over 2x what I got it for a few years ago
money is either going into a savings account or btc

>> No.56453631
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56453631

>>56453621
Both are excellent choices, you're doing great lad.

>> No.56454849

if rates stay high for another 3 years, then you will see some REAL shit

but most likely cuts will be made JUST before peak pain sometime around 2026, and only the very worst, most unqualified and leveraged real estate investors will become bankrupted

>> No.56457567

>>56453501
>savings account
>risk free
that's right there's no risk giving your money to the j's

>> No.56458607

>If I were to buy a house at 400k with a mortgage i would be paying for two and a half houses
>the lie im told is that the banks have the right to throw in interest to protect the risk involved in their loan
>but you faggot jew nigger fucks also get the house if I default and that house is apparently worth 400k you faggot fucking kikes
>you apparently are making such a risky decision to loan me 400k, that you get the 400k back, and you get another 400k for loaning be the 400k and then another half of that


I'm sick of these people that open fire on malls
I fucking sick of these people that go to churches and shoot at people

Find a fucking bank you worthless scum. shoot a fucking faggot jew in the head IM SO FUCKING SICK OF THIS BULLSHIT NO MORE FAGGOT KEK MANEFESTOS WHERE YOU GO AND SHOOT PEOPLE YOU'VE NEVER MET IN A GROCERY STORE.

GO
FIND A BANKER
AND KILL THEM FUCK YOU WORTHLESS NOBODY PIECE OF SHIT

>> No.56459205

>>56454849
>>56453610

>ITT poors don’t understand how inflation really effect house prices

So if a house that cost 300k to build ten years ago which sold two years ago for 750k now costs 1.2 million to build cause the price of everything it takes to build it has gone up tremendously in that time then how much is that house worth right now?

In another five years when the cost to build a comparable house is 2 million how much will that fifteen year old house be worth with zero updates?

>> No.56459356
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56459356

>>56454849
>only the very worst, most unqualified and leveraged real estate investors will become bankrupted

>> No.56459385

>>56458607
yo, retard, you understand that interest is the price you pay to pull forward future purchasing power to today? that a lender could take what they'd give you and earn a return on that capital so by lending it to you they deserve to be compensated for that foregone return?

>> No.56459724

>>56459385
If it's such a shitty deal for everyone, then we should abolish mortgages

>> No.56459739

>>56459724
sounds like commie shit to me

>> No.56459982

>>56459739
Nah dude, no one man, nor few men, should control what would be unimaginable sums of money for most people, provided that they aren't doing anything with it other than perpetuating the cycle for its own sake. In reality, it just needlessly complicates things. In any collection of people where supposedly we're supposed to grow with and protect each other, how does it make sense that you have to come up with ways to wasel resources from each other cause somebody decided to be an ass and scoop up all the fish in the pond?

>> No.56460031

>>56459739
Adam Smith and all the founding capitalists were opposed to usury. You're just a kike asslicker

>> No.56460062
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56460062

>>56451588
nope