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

/biz/ - Business & Finance

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56846390 No.56846390 [Reply] [Original]

Why take out a loan with high interest rates to buy an inflated shitbox on a piece of land that needs maintenance and forces you to pay taxes every year when you can just HODL Bitcoin?

>> No.56846394

>>56846390
Because people are stupid

>> No.56846397

>>56846390
I DONT KNOW I THINK NORMIES JUST CANT GET A LOAN FOR BTC BUT THEY CAN LEVER UP FOR THE SHIT BOX

>> No.56846401

>>56846397
BUT WHEN THEY DEFAULT ILL TRADE IN MY BTC FOR THE SHIT BOX AT A DISCOUNT. SORRY FOR CAPS KEYBOARD BROKEN

>> No.56846419

>>56846401
Nigger you can’t even afford a keyboard. Houses will never go down. Jews own all the mortgages and they will continue inflating prices to prop up their assets. Buy a fucking house and let the Jews inflate your equity.

>> No.56846454

>>56846419
HOUSES WILL NEVER GO DOWN. WELL THATS REALEASY THEN HA HA

>> No.56846472

>>56846454
Stay poor then. Pay somone else's mortgage, taxes and upkeep. Idgaf.

>> No.56846481

>>56846472
HA HA HA THEY NEVER BEEN THROUGH A DOWN TURN. I REMEMBER THIS. I SEEN THIS EPISODE BEFORE HA HA HA

>> No.56846521

>>56846481
And where is pricing now?

>> No.56846564

>>56846521
NO IDEA PROBABLY STILL PRETTY HIGH UNEMPLOYMENT IS LOW

>> No.56846878

>>56846390
Let's see, because the alternatives are
>pay someone else's mortgage, taxes, maintenance, with a profit on top
>Have no say in modifying your living space unless your landgod signs off on it
>Can't start a business, almost every lease I've read forbids it, I've seen langods go after their rentoids this way
>If renting an apartment, have to live in a bug hive with neighbors screaming and old lady's dogs pissing everywhere, not to mention the very high crime rate
And then there's OP
>free stay mooching in mommy's basement, while having a total portfolio of $12k in USD, and only if he diligently saves birthday money and his wages from the part time Taco Bell job his mom forced him to get
Not to mention
>high interest
Sucks to be a faggot who didn't lock in a sub 2% interest rate and is too poor to put at least half down, not my problem.

>> No.56848461
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56848461

>>56846481
>2nd housing cycle yet still doesnt have a house
well you know what they say third times the charm

>> No.56848546

So you don't have to pay rent, and be at the mercy of your landlord starting to demand you pay him bitcoin when bitcoinization happens. Get rid of debt so you can hold. Rent is a type of debt, you are borrowing a place to live.

>> No.56849205

>>56846878
what benefit do you have by telling strangers on the internet to buy a house? what do you get out of it?

>> No.56850231

>>56849205
Trying to help you retards out and/or undo the damage that these glowniggers are causing by telling you not to buy a home. There’s a reason all the Jews want land. Renting to nohousers is a constant revenue stream.

>> No.56851656

>>56846390
i DID IT SO I WOULDN;T HAVE TO LIVE NEXT TO NIGGERS

>> No.56852201
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56852201

based
im taking out a loan to buy collateral on kinetix to buy bitcoin instead of an inflated shitbox on a piece of land that needs maintenance and forces me to pay taxes every year... and i prefer it that way