Why is Homeownership > Renting and why is everyone who rents

Both fuck you sideways. Pay the kikes interest or pay to rent the building.

>>136243770
Pay the kikes, sure. But you eventually have ownership. Also, should anything major happen I can sell mine and have the difference in cash from the purchase prices v. What I bought it for. Rent cucks forever BTFO

>>136243646

I want to own a home but there are downsides. People don't realize how much it costs to actually maintain a home. Some shit costs thousands to go fix. In the long run, it's definitely a better investment to buy, but there is more freedom to renting. You can easikly just up and move or take a new job wherever you want and you don't owe new bankers hundreds of thousands of dollars.

Inb4 some faggot says he bought a house with straight cash at 21. These threads are full of that kind if garbage.

>>136243646
suburbs are for cucks. true redpill living conditions is subsistence farming in the wilderness

>>136243955
lol you have to pay property tax indefinitely. your basically renting the land from the government like a serf. toil away wagie

>>136244381
>Pay Mr shekelberg 2000 a month for some small ass space
>Have to pay MORE for having a dog
>Can't change anything in your apartment
>No drilling allowed
>Get to hear neighbors fucking all night long

Sounds like fun.

>>136243646
Main benefit is the land is yours and nobody elses. You can work the land however you like, or you can modify your home (Provided you go through permits, which are easily obtained) without someone else telling you what to do.
You could even buy a plot of land (2 acres minimum) and build your own Kampfy Kabin on it and live entirely off the grid. Which is what I'm currently in the process of preparing to do.
Around where I live, 5 acres of land goes for about 10 grand. You can build a cabin for 6 grand, and install a leaching system (For disposal of your shit and piss) and a well (For drinking water) for pretty darned cheap. Toss on some solar panels, a wind turbine or two, and a bio fuel system and you are grid free with lots of energy to use. Crop your acreage right along with some livestock and you are essentially free.

>>136243646
>if you don't make a literal $5m/yr salary, you're a nigger

>>136243770
This. Even if you bought a home, its taxes and utilities would roughly equal the amount you'd pay renting it.

You own nothing in this world.

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BUY NOW YOU GUYS

>>136244281
It's still not as much overall if you factor in equivalent house vs rent. Plus, those additions or upgrades you get to keep.
>>136244381
>Thinking that renting isn't the same
I'll give you a scenario that's related to me
Own a home, pay $1400 ($600 is property tax)
Comparable house for rent is $2100 in the area
$700 difference
When I'm finished paying this off, my monthly cost is $600
Yours is still $2100.

>>136244867
Tax rate for the method I described comes out to less than a thousand dollars for the year.

>>136243646
The biggest difference between rent and ownership is that if you own, the like a take some of your money. If you rent you pay for some other sucker or kike to line his pockets and you're still paying the government and kikes.

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BUY BUY BUY

>>136244676
I make nowhere near that. Will have my house paid off in 5~ years

>>136243646
> Not living at home until you can save up enough money to buy with cash
Stay cucked, mortgage fag.

>>136244867
Depends on where you live.
When I lived in DC, it was a wash. But in the midwest, owning is cheaper and it is not even close.

>>136245160
Oops, forgot 2 0's there, nigger.

>>136245026
I live with my parents. I pay nothing for housing besides doing chores for GB points. I know how to build houses so I can just build my own whenever I need to.

>>136243646
>Why isn't this pushed more in our society?
Because then jews who rent out property lose money.

>>136244867
>This. Even if you bought a home, its taxes and utilities would roughly equal the amount you'd pay renting it.
This depends on location.
My place will be paid for in less than ten years, and utilities and property taxes are cheap as hell.

>>136245161
>Can't afford home due to chinamen buying up all homes to hide their chinkshekels
>Canadian
Checks out

>>136245026
Ok but seriously, what kind of place do you live that has a property tax of 7200?
Mine if 695 for the whole year. I pay once and that's it.

>>136245411
probably cause you live in Alabama or Mississippi you hick

>>136245411
>what kind of place do you live that has a property tax of 7200?
Location, location, location

>>136245411
Live in PA with a really good school district (for the kiddos)
That's cheap. I know people paying 10-15k a year for that alone.

>>136243646
My wife and I have been renting a 3 bedroom house for about 5 years now. Rent went up to $600 last year so it's not bad. But I don't have to pay for any sort of maintenance to the house, landlord just put in a brand new fence in the backyard. Why the fuck would we buy now??

Our plan is to rent until the kids are grown and gone (another 15 years), continue to build our credit, then buy a smaller house upstate. Then when we retire, just straight assfuck our credit. I'm talking loans, credit cards, the whole thing. We're gonna rack up so much fucking debt in our golden years just living it up like degenerates until we die. It's gonna be so cash. Sorry kids.

My gen got fucked by boomers, so I'm passing that on to the next group.

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>>136243646
-home ownership is much cheaper than renting.
I'm paying half of my rent towards my own mortgage
-your rent is gone for good, but buy paying the mortgage, you're buying back equity
-owning a house is also an investment. the house prices will fluctuate... but in general, because of the money printing and infelation.... house prices in a long term will ALWAYS go up!
-niggers can't buy houses, because they can't figure out mortgage and also in general they haven't evolved enough to be a lone animal... they are a pack animal

interesting fact: if you own more than 10 houses that are paid out and you rent them... you'll never need to work again! (it is not hard to buy 10 houses before 40... you need to be clever and have a plan)

What is home ownership?

t. Midwest (Michigan), paying $700 a month rent plus utilities for years. Finally save up a few thousand snd buy a repossessed house for cash.
Taxes average out to a hundred a month, so I save $600. I can now enjoy life with the extra spending money.

>>136245591
It's when you go innawoods and build a mud hut, from what I can gather from this thread.

>>136245473
Ohio thanks. It's based upon the cost of the house actually. I built mine (Contracted out the cement and electrical). But built it out in the country thanks.

>>136245488
Jeeze no thanks... I'd just assume keep living somewhere that's cheaper and less crowded.

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Nomadic life in a travel trailer > eating dog shit >>>>>> homeownership > renting

>>136245630
You mean like this guy?
(Turn closed captioning on)
https://www.youtube.com/watch?v=P73REgj-3UE

Man has millions of subscribers and never says a word.

I recently finished paying off my little condo. Now it's just property taxes & HOA fees which amounts to $500/month, while similar properties are being rented for $1200/month. Trying to decide if I should buy something else and rent this unit out, but I don't really feel like being a landlord.

>>136244867
Most rental places tack on a utility, usually power.

>>136245700
>wake up
>take morning shit
>smell it for three weeks
Tiny houses, van/camper dwelling is a retarded meme that only idiots fall for.

>buy a cuckshed priced at 500% more than its actually worth cause boomers feel entitled to be above market value cause "they got theirs"
>market implodes cause boomers couldnt save money if their lives depended on it and instead use their house as their savings, inflating the cost of housing dramatically while unbalancing the finance industry as the boomers ability to pay for anything after they retire is essentially borrowed back against the value of their house
>Boomers work thirty years, then retire for another thirty, use their house to maintain a lavish lifestyle AND social security AND Medicare, both of which they take out vastly more than they paid into when adjusted for inflation
>Boomers wonder why millennials don't play the "let's be eternal slaves to the Jew system" game and get all self-righteous when anyone points out how suicidal it is

I will gain immense joy from watching boomers starve and die without their meds when the next crash happens

>>136245666
That's the plan when the kids are grown. We're gonna live in this house until then and move to a built home when they've flown the coop. There's plenty of places here like that, so it's not hard to do.

The benefit of moving here is the ease of sale. I could literally list this house tomorrow and sell the day after. My sister just put her house up and it sold in a day for her asking price. So I have guaranteed equity. Since I've done a lot to this house since moving, that's gonna be a good bit.

>>136245026
Let's think about his for a minute faggot, I rent, split it with my gf halfway my portion is $379.50 total rent is $759. Difference is I have no mortgage/debt/responsibility to fix anything/don't have to take care of my yard/don't have to shovel snow etc

>>136246048
Yeah, but your landlord can kick you out when your lease is due.

>>136243646
>Why is Homeownership > Renting and why is everyone who rents a nigger?

because rent has risen to a point where you can get a home yourself for less, or only slightly more depending on your area

anyone who rents today is a fucking first rate moron

>>136246166
And he can raise rent.
One thing I always notice is Anons always complaining about maintenance on a home? How useless can you be? Can y'all not do basic shit or have a family member who can help?

>>136246166
OK??? And the government can kick you the fuck out whenever they feel like building a new highway

>>136243955
>But you eventually have ownership.
Lol it's adorable that you think that
>What are property taxes
Youre still renting, only now the government is your landlord.

>>136246232
For real. When I got my mortgage, I got a rate of 3.2%.
I know "Boomers" that we're getting double digit percentages in the 70's.
I get some people want to be close to work, and in most cities renting is literally the only way. But I will never return to renting. It was literally living next to shitheads and morons.

>>136246340
The fucking government raises your "rent" all the time when they raise property taxes, bank cucks BTFO

I don`t get it why homeownership is so desired in anglossphere.

My mortgage is $420 a month
Taxes are taken out yearly, roughly $3400 a year.
No water/sewage because well/septic
Electric runs $120 month summer, 80$ winter.
$1200-1400 yearly for heat
To rent a home in my area is around $1500 month, plus city utilities usually.

>>136243646
>why is everyone who rents a nigger?
niggers have shit credit

>>136246440
If I sell my home once it's paid off, who gets the money? I do. That's the point

>Hurr your landlord is the gubnint
Yeah and your landlord is an actual landlord, that charges far more.

>>136245788
desu I plan to do that someday too, society is just way too fucked and shows no sign of ever possibly improving.

But yes, like that. The price of the house is low enough that a non-jew, non-chink can own one, you see.

>>136245863
>Now it's just property taxes & HOA fees which amounts to $500/month

hahaha

>>136246232
You're right. I'm getting a fixer upper in a middle class neighborhood for like $500 a month. When I was younger and dumb I rented for a year. At the time the rent there was $425 for a two bedroom apartment. I have a friend who lives there and it's $550 now. The complex has actually gotten shittier too.

I'm pretty dumb with all this, but what incentive would there be for me to buy when I don't plan on staying where I live for more than a couple of years?

the true red pill is buying an apartment complex and renting out all rooms except for the one you live in.

Where I live the return on rental properties is literally worse than term deposits. The US is a good place to invest atm tho.

>>136246617
No HOA in this neighborhood but if you live in one you should be euthanized.

If you own a home you should have full control of the property. Any faggot coming over to my property telling me I can't build a fence will get shot.

>>136243646
I closed on my house seven years ago. In that time, the value has increased so that I now have 160k in equity. I can now use that for a cashout refi to buy more houses. Feels good.

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>>136246391
And how often does that actually happen? Be honest here.
You are more likely to be kicked out because the landlord decides that they don't like you, has moved back from overseas, has a friend who they'd rather rent it out to, or simply doesn't want the house anymore, than you are likely to be imminent domained out of your home.
Once you start walking down the path of "What could happen" you start dealing with probabilities. Based upon the probability of a new highway being made, you are more likely to keep your house and pass it on to your future generations than loose it to imminent domain.
>Being this fucking stupid to think that the risk of imminent domain is higher than having a frivolous land lord.
Is your head up your ass for the warmth?

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>>136246532
in couple of years... because of inflation, that 420$/month will be almost nothing
but rent will goes up each yea by inflation
it is 100% better to buy a house!!!!!!!!!!!!!!!!!

Home owner who is currently renting our home right now

-home ownership is fucking expensive.
-home ownership requires a lot of credit - not just for the house, but for renovation loans too
-in the end you get to sell your home and get some of that money back, maybe even make a profit.
-you are risking a bad economy later on and subsequent loss of home value

-Renting is technically more expensive than a mortgage
-Renting gives you the freedom to move anywhere and not get tied down
-Renting gets rid of all responsibility for repairs

They both have pros and cons. It juts depends what your situation is.
In general I tend to lean towards owning a home because you get to stash away a small percent of your monthly payments towards equity which you get back later.

>>136246664
>what incentive would there be for me to buy when I don't plan on staying where I live for more than a couple of years?
There's zero incentive for you. I think this is a big reason home ownership is down, because it's not like 40 years ago where people would stay at one job for their whole career.

>>136243646
Age 30, just paid off school loans, live in the city. Ownership costs more monthly with maintenance/utility/tax/mortgage, too poor to afford it

>>136244281
I am 20, and i brought a house 3months ago with cash. No loans taken. Get fukd

>>136246474
Because here in burger land, our houses are still not rapetown 5000 prices like in Europe. I worked with Germans in my last job, and he was talking about building his house. $750,000 for a two bedroom with a "yard" the size of a postage stamp. I showed him my house, told him what I paid for it and his face was immediately one of dread.

>>136243646
everyone i know who has had to file for bankruptcy has been involved in flipping houses or in real estate in some capacity
paying interest to jews doesn't get you ahead
i know basic math isn't usually anyone's strong suit, but create a few spreadsheets and outjew the jews

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I own a home. It's pretty great for the most part. Renting is better in some ways, but overall if you care about freedom and privacy, you should buy a home. It also immediately makes you more invested in your community. The older I get, the more I feel like renters shouldn't have any say in local elections. Everybody shits on the old "only landowners can vote" thing, but there is some wisdom to it. If you don't own land and you vote for a bunch of dangerously stupid laws that ruin the city, you can just bounce out of there. You aren't really invested.

I'm also thinking of buying some properties to rent out since I live in a college town and there will always be transients here. Why get mad at the jew when you can become the jew?

>>136243646
>It's a far better investment
only in rural areas does property have any chance of retaining its value.
otherwise it's just a scam to trap to debtslave people

It's a lot of work too. Cutting grass, raking leaves, shoveling snow, painting. More to clean too as houses are usually bigger. You always worry about something major breaking. Renting is less stress overall. Other than the stress that you are throwing money away.

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>>136243955
>Also, should anything major happen I can sell mine and have the difference in cash from the purchase prices v. What I bought it for.

>Anan now that we artificially crashed the housing prices again, the value of your home dropped to 1/5th of what we solf it to your for.
>I mean, its a useless piece of fucking cardboard lmao

>>136246953

How? Is it a fuckin mudhut? did daddy give you the money?

>>136244992
What? No. If they're plunging in Toronto it's a few more months at the very least before the rest of Canada "catches" up. Prices will be at their lowest in the next year and a half.

Sell now is what you're looking for.

>>136247142
The action of caring for your home is less stress than you think it is. You have a routine and you follow it. The likelihood of something breaking in a house is rather low by comparison to what you'd think. Your tv might go out, but your south wall is unlikely to fall apart on you. There are these wonderful things called building codes, and if the house suffers some kind of failure like that, it's on the contractor who built it since the codes lay out things like "Walls must be able to survive X years with no degradation" and so on.
However, this is all assuming you do the smart thing and get a new home rather than an old home. My sister owned a house but took shit care of it. When they bought it, it was worth 69000 dollars. However, she sucks at money management and as a result, let the home go to shit.
They declared bankruptcy and foreclosed on the house. They didn't bother shutting off the water and the pipes subsequently froze and burst.
Now the house is worth 12K and whoever owns it will have to gut the house, install new pipes, replace the floor, and replace a lot of the interior walling.
Also don't you live in a mud hut or something Niger anon?

>>136243770
Interest can be written off on taxes though

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The real killer in the buy/rent decision is agent commissions. Paying 6% eats up many year's worth of lower mortgage payments. Good luck selling your house without an agent if you don't know what you're doing.

Millenial here. I choose to rent so I am not tied down to the liberal shithole I live in for ever. I'll buy a house in eastern europe later.

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>>136243646
KIDS please!!! Pay attention!!
BUY HOUSE!!! it is financially better!!
please learn about:
1- credit score, and how to increase your credit score (watch youtube videos)
2- Mortgage, how to get approved for mortgages
3- difference between detached, semi attached, attached houses... and condominiums... which one is better in your local market
4- how to get passive income from owning houses and renting them (you can become a billionaire in real estate, just like Donald Trump... everybody needs to have or rent a house... it is an evergreen industry! learn about it)

>houses
>investment
Literally everything else devalues with time. But for some reason, boomers and faggots buy up old houses for $100000, give it a new coat of paint, and "flip it" for $200000. Then the next buyer does the same and has it on the market in 5 years for $300000. Then you wonder why nobody wants to buy houses. Nobody wants to pay for the place your wife got fucked in. We just want a place to live.

>>136246617
t. flyover

>>136245026
I own a house and a condo.

It fucking sucks.

It's given me the ability to rent out both over AirBnB for extra income (and I am renting the condo at a profit full-time, but it's only an extra $300/mth), but the amount I have to work for them compared to when I was renting not even three years ago is stupid.

I can't wait for all this housing bullshit to be over. Everyone needs a fucking mansion, but not everyone can afford it, so either remain a slave to your property busting your ass off to keep up with payments, or default and fuck your credit over.

Fuck home ownership in Canada.

>>136247399
Well obviliusly its an already done palaca, i have to do literally everything. I brought the house for 6million forints, math it out. I already did the waste and the drinking pipe system and shit like that. Currently I am welding the fence facing the street. How did i have money? I have no car, motorbike or any shit like that. Since I am 10 I am putting most of my money away. So basicly be a jew, and don't fear hard work. Phone blogpost over

>>136247781
>>>/r/eddit/

>>136247870
Its not a'

>>136247786
And because of the ridiculous pricing, there's no way the global (!) house market isn't going to explode.

>>136243646
Homeownership is one of the biggest bluepills disguised as a red one.

>why isn't this more pushed in our society
lol
Clinton and Bush both pushed this hard. As did Maggie and every PM since here.

The homeownership meme keeps you in the rat race, keeps you consuming, creates more debt etc

>>136245543
Buy back equity? Half of your monthly payments go to interest that you'll never see again.

Up here in Leafistan the average monthly payment on interest is going to be anywhere from $500-800. Or... rent of a small apartment.

>>136243646

>what's the deal with property taxes?

I had a top tier apartmant my grandmother left behind

My father disowned me, sold the it, and went on endless vacations with his new lover. Now he also tells me to move out, because he doesn't want a stranger living on his property for free

Either it's paying rent for me or the street. Everyone would own a house if they could afford it

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Well personally i would rather own a home just so more for privacy and not having to answer to a landlord for payments rather pay through a mortgage.

But anyone else in western Pa in this thread? Cause when i look at these housing prices im like woah woah wtf, some of these housing prices are fucking highway robbery idk what it is if it's the natural gas frackers that come in that drive up the price or what but. Saw a house that's going for 300,000! that in the early 2000s or even mid like 2005 would've gone for no more than 150,000. So idk i've heard there's better housing prices out mid west but outside of moving idk what to do but someone from western pa fill me in correct me if i'm wrong but these prices seem astronomical for western rural Pa.

>>136243646
>"buy house"
>own it in thirty years
>pay more than it's worth due to interest
>lose value when the niggers move in

>>136247962
This is different from renting how?

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>>136247985
The Canadian real estate market is retarded. Most of the US is actually pretty sane and reasonably valued.

Just because it's a bad deal for you doesn't mean it's a bad deal for everyone on earth.

>>136248083
When renting you can always pick somewhere new with no hassle. Renting leaves you spending less time working on the home (or paying someone to do it) and more time enjoying or just working more for more savings.

Honestly, they're both two sides of the same shitty coin, I just prefer renting.

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>"buy house"
>don't pay your land owner aka the state your property taxes
>lose "your property"

Hmmm

>>136248118
I know, I know. I'm looking at houses down in the US atm but I'm also considering just selling off what I have and moving back to the old country. Housing prices in EE aren't totally fucking retarded.

actually, question:

If you own your house and stop paying property taxes what will the government do? Do the feds arrest you?

>>136245499
Remember to tell them very explicitly not to pay your debt since they have no obligation. Not one penny or they'll be on the hook for all of it

>>136248067
Southwest PA here. My house was around $220k. Not really rural though, did that include rights to drill?

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>>136247985
>yes! in oppose to your rent that all of it will disappear... some of your mortgage will go towards to principal
>rent will rise up with inflation.... mortgage will remain the same for the next 30 years!
>I used to live in a big city ... a one bedroom 600 square feet apartment at least cost me 1800$/month (it is between 1800$/month to 2400$/month)... I have bought a 5 bedroom.. and now I'm paying only 800$/month for mortgage
the rent will keep going higher and higher... but I will pay 800$/month for the next 25 years
> since the time that I've bought the house (3 month ago) the prices has gone up so much that if I want to sell it now... I'll make 50,000$!!!

>>136248402
Depends on country. It can be considered tax fraud and dealt in that simple manner, or they can evict you.

>>136248402
Generally you can get away for a year on payments, but then yea feds come knocking on your door with sheriff or state police. Which is a big argument against the whole property tax bullshit cause why should a person be taxed on their main place of residency for a need to live. But yea anyway. Then i think after that banks takes your house then it goes up for sale.

>>136248083
It's not. But at least you're not taking on a huge liability when you rent a property.

Honestly the majority of rentier housing stock should be social in nature. Rent controls etc don't work, the buildings need to be owned by the local authority.

t. homeowner (0 mortgage) before I get called poorfag

Ladies and laddies, this is a reminder that avatarfagging is in fact a bannable offense.

>>136248402
Or at least in Pa but for other states it might differ.

>>136248402
Usually the Feds will start treating the unpaid tax as a loan, and start charging you interest on your outstanding amount as long as it remains unpaid. If it goes unpaid long enough they might sell the loan to a bank, the bank can then legally foreclose on you if you continue to ignore the loan and foreclosures can be enforced.

>>136243646
UNless you buy the house outright, all youre doing is asking a bank to buy the house for you and rent it to you.

Mortgages aren't functionally different than renting.

>>136243646
It all depends on where you are.

Where I live, my mortgage out the door is about $640/month for scheduled principal payment, interest, taxes, and insurance for a nice 1400 square foot house. And after the mortgage is gone, the cost will be around $300/month. Considering even the shittiest apartments are at least $600/month, and one as nice as my house would be about $1100/month, it's a no brainer. Or, if you want to live in the kind of shithole you'd get renting for $600/month, you can flat out buy a house for around $40k, and even then you have the possibility of making the place nicer...With the apartment, you're stuck with the product of Hussain's $12/hour handyman skills over the last 20 years.

But in other places like Cali, the cost of homeownership is extremely high, and renting is a better deal. If you have to borrow $800k just to buy a really shit house, the numbers that make buying favorable just won't exist. Typically, though, in these types of places you're fucked either way, because even though renting is cheaper, renting is still fucking you up the ass expensive.

A lot of people my age can't afford down payments though. They spend all of their money on way too nice of an apartment, and then aren't able to accumulate enough savings to buy a house. People aren't willing to live cheaply for the first few years in order to build a good financial starting point, and instead jump right into 'living it up' straight out of college. They like to move into a luxury apartment with their girlfriend/boyfriend, buy matching furniture, lease cars, go to expensive wine tastings, set their W4 wrong so they get a huge tax return every year and then spend that tax return on vacations and tattoos, etc. Then the guy in the relationship decides he's a hot shit investor and buys a bunch of planet fitness stock and loses money on it. Then they eventually get married and convince their parents to give them money for a downpayment. Spoiled, whiny fucks...

>>136248079
BUT YOU OWN***** YOUR LAND, MAN

>>136248477
Might got a lot of that going with that i know with some of these properties with mineral rights. But still i just look at this from wanting to own a first home and go jeese pretty high priced for rural. But yea some of these properties do. But even some that only have One acre of land. Some are going for 100k so idk if that's just inflation but still it's like starting out jeese. Wish i was 20 in early 2000s and had a mortgage then seems like it was less stressful.

>>136248402
if you live in Canada... there are so many ways of evading it... you can claim you're poor and so on...
but in Ontario usually the property tax is 1% of the price of the house... and usually the evaluations are very off... so you are going to pay like 0.5% property tax a year... something like 200$-300$/month
Toronto is different though Toronto also has high city tax + high house price
so for a 3 million$ house... you need to pay 60,000$/year just in property tax
FUCK TORONTO... FUCK Vancouver!

>>136248876
>Then the guy in the relationship decides he's a hot shit investor and buys a bunch of planet fitness stock and loses money on it. Then they eventually get married and convince their parents to give them money for a downpayment. Spoiled, whiny fucks...

Well this is oddly specific...

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>>136248402
they'll send you letters and then send people, and then send people with guns to shoot you.

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>>136248402
you can also claim the property tax in your own personal income tax... you can defacto make that property tax to be zero!!!

>>136248876
>Filling out W4 wrong
This. Why are people taught to put zero? Unless you're single, it literally makes no fucking sense.
I had to beat this thought process out of my wife when we had kids and a house. She realized eventually you are giving the government an interest-free loan.

>>136243646
Home ownership is forced savings for undisciplined people. Most are better off renting and putting the difference in an index fund. You get a better return and it's easier to relocate when a better job comes along, or if the neighborhood starts to turn. Seriously, why would you borrow tens or hundreds of thousands of dollars to invest in a single asset, knowing you can lose it all if Quantavious moves in next door?

I have no fucking clue where I'll be living a year from now, let alone 5, 10, 30.

>>136248707
>Then i think after that banks takes your house then it goes up for sale

wtf? I own my house though, I paid the banks off, they have nothing to do with me anymore. Fucking eternal kikes.

>>136249464
>I own my house
Is what you think

>>136248079
And have to pay taxes or it gets sized. You don't own shit.

>>136248818
False, because when you're renting, when your lease is up you don't get to keep the apartment. Additionally, your mortgage payments don't go up when the property value goes up like what happens when you're renting in a non-rent controlled neighborhood. And if you sell when the property value is higher, you walk away with the difference.

That doesn't mean that homeownership is implicitly better. In places with high property values, it usually isn't. But the 'homeownership is just renting from the bank' meme is not strictly accurate.

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>>136249366
so fucking barrow money and buy a fucking nice house!
if you die... the suckers have lost !
BTW people do not buy house in USA big cities with large niggers population.
USA's big cities have high property and personal income taxes...
Fuck Chicago, Fuck New York!, Fuck LA

>>136248765
DO they only chimp out about income taxes or something? How are they so lenient on property taxes?

In England even if you buy the house turns out you don't own the land and the land lease gets sold by the builder to some Jews who double your ground rent every 5 years. No one will buy the house you got conned into buying so you're literally stuck having to pay out the ass, on an exponential lease that lasts 500 years.

>>136249509
Point is you own more shit than a renter, who literally owns nothing but their new flat screen, Xbox and sound system and wonders why they don't have enough to save for a house.

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>>136248402
The state files a foreclosure action against you in the courts and you get evicted by the sheriff and lose your ownership via a sheriff's deed.

I work in the real estate business and all the faulty loans from '08 that were foreclosed on by the banks are finally being sold back into the public

>>136249589
Probably because of shit democrats did to make it impossible to evict niggers.

Where I live, getting people out of homes they aren't paying for (whether they got a mortgage, or they're renting it, or they have a tax lien) is a stupidly drawn out process.

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>>136243646
When I talk to friends about why they rent they say "hurr durr, the repairs", like the house is going to be constantly falling apart. fucking retarded.

>>136249727
Where do I find a house for $5k?

>>136248402
They sieze your property and sell it at auction. You go to prison.

>>136249727
you have been right man, I should have bought a house.

But do you think it is good to buy now when assets are clearly in a bubble? If I but now and it turns out to be like the peak of 2008, I lose a huge amount of money

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>>136243646
Home ownership is literally the only way to beat "the kikes."
>Renting
Pay monthly, $1,000-1,500 that you will never see or touch again. After 30 days it doesn't matter if you've been there 20 years, you get the boot if you don't pay up
>Owning my house
Get a mortgage
Pay interest on a home loan BUT
Interest payments on mortgages are tax deductible
Builds equity
Holds value 1,000,000x better than renting
Make passive income if you want by renting out rooms to students/young professionals
Your house will literally pay you instead of the other way around if you want it to
Build your credit score over time by making monthly mortgage payments
Buy a vacation home for even more passive income, free vacations, and have some stupid schmuck pay both mortages for you with their rent payments off 1 of your properties
>Rentcucks eternally BTFO

>>136249662
lol
This is not how a lease works. I do know some people paying extortionate ground rents though.
<spoiler>they are idiots</spoiler>

>>136249842
Wow, house repairs cost like what, max 1-2k$ a year on average (assuming you do most the work, and you should)?

Those friends of yours are truly retarded.

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>>136243646
>throwing money in the toilet
>muh home equity meme
All of the home owners I know are constantly tapping out their home equity in order to keep their homes marketable in the face of inflating home values just in case the rest of the Jewry they deal with forces them to sell their house.

>>136249996
You would lose in short term due to depreciation but over time gain it back. My first home was during the 2008 crisis. Had I of sold it than I would of taken a hit, but I sold it several years later for profit.
Literally 90% of the people complaining about the housing crisis are dummies that chose variable interest loans and were already massively overlevereged.

>>136249842
Yeah. Oh no, you have to check your plumbing for leaks every once in a while. Oh no, you have to reroof the house every 10 years. Oh no, you need a new furnace every 20 years. Oh no, you need to scoop leaves out of the gutters once a year.

At least when I'm the one doing the repairs, I get the opportunity to do it properly. When the enamel on the cast iron tub in your bathroom starts to flake off, the apartment complex can literally just repaint the bathtub with latex paint and 'call it good', and there's literally nothing you can do about it. Kitchen cabinets falling apart? Don't worry, Ja'Quan will come buy and super glue them back together. Air conditioner isn't working? Don't worry, Markeius will come hit it with a hammer. Dish washer isn't working? Don't worry, Rico will come buy, open it, say he needs to order a part for it, and then never come back to fix it.

>>136250444
you bought your house in 2008 and sold it a couple years later for a profit? how?

>>136246965
Home ownership demobilizes the workforce, it does not create an efficient society.

>>136250183
Depends on years. What I typically do is figure out the big items down the road. Furnace/AC is about 2-3 years from death so I'm already factoring all that in.
Most homes now come with homeowner warranties for major stuff, so you can have that rent-like experience for less than rent.

Even in a true emergency situation, say shit completely hits the fan and you have to replace something big, you can always go through most of those contractors for either same as cash credit for the repairs. Haven't had to do that as most I've paid outright.

>>136250618
Redid all the electrical, refinished most of the home. Redid all the floors. Even with those costs we gained value.

>>136250252
>All of the home owners I know
>Says the rentcuck
Smart people often don't associate with morons which is probably why the average home owner doesn't talk to you. Speaking for the average property owner, if someone's tapping out their equity to make constant updates they're a fag trying to keep up with the Jones' and it has nothing to do with keeping your home "marketable." Homes are 10-15 year purchases at least and there's no reason to keep it "marketable" for a decade straight when you're not planning on selling it anyway. Your lack of knowledge on the subject just shows you likely still live with your parents. It's funny you'd talk about throwing money in the toilet though when that's literally what you do with renting every single month. Your "investment" of rent literally has a 0% return 100% of the time. Even the shittiest property that you own has a better return regardless of if the market completely tanks. The biggest difference between a renter and home-owner is, owners have actually displayed by and far better credit worthiness than renters through years of responsible financial management. The average renter has not, which is why they're still stuck renting, they just have delusions that they're not on the bottom of the financial ladder while the rest of us are laughing at them.

>>136243646
>It's a far better investment
ahHaHaHAHAHAHAHhaaHah

so your kids will pay more for houses because its the only way your generation can make money selling the house since if you have to use a loan from a bank even if you won the lotery the day after you take out the loan you have to pay a set amount more than the loan like say your loan is $100k and the bank has it in the loan contract you will have to pay $120k

so then their kids have to pay more for a house ect. which is whats was done for a long time. so do you think this is sustainable? no it isnt. nobodies paying a mil for a 3 bed 2 bath less than 10k square foot single story house

so where is the cut off when it stops being a investment? time line wise 10 years ago. in 2007 there was a quarter that was so bad for housing sales you had to look 13 years earlier to see a point that low

>>136250934
>I'm a salty kike worshipping faggot
Wow really made me think.

I bought my first house with cash when I was ten years old with the money I saved up working my ass off since I was two years old. If I can do it, you can do it. Anyone who doesn't is just lazy. Pull your shit up by the boot straps and work.

>>136250886
Well good on you man I will take another look thanks for the thread/propaganda

>>136251241
>propaganda
That's all this is
>OY VEY GOYIM THIS SITUATION ISN'T UNSUSTAINABLE. DON'T WAIT UNTIL THE BUBBLE POPS AND LEAVES ME WITHOUT ALL MY SHEKELS I'M WORRIED THE GOVERNMENT WON'T BAIL ME OUT THIS TIME. IT WOULD BE A LITERAL SHOAH.

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>>136243646
>enthrall yourself in servitudinal debt for something that you'll probably never own, less have time between wage slavery to enjoy, goyim
>it's what all Yahweh's cûcks do
>failing to do so is shoah v2.0
>banks and compound interest are your friends!

>>136250100
Here in burgervania, our house is assessed at point of sale. Every few years (3-5) it's reassessed. So if you add on stuff or just it appreciates they change the rate and tax more. It's not usually a big change. It also only goes against SqFt and room/bathroom counts, so if you refinish your bathroom or kitchen it won't go up.

I'm just gonna live in a van. No rent, no mortgage.

>>136245241
LOL HAHA you fucking NEET! Go back fucking your sex doll, degenerate

>>136243646
There is little to no difference between paying a rent and paying back a Jewish loan

/pol has a lot of autistics

>>136251241
Trick is usually to try and do as much as you can. I'm lucky in that I grew up with an electrician for a father, a carpenter/contractor for an uncle and another uncle that was good with plumbing and automotive work. I picked up a lot from them.

When your options are buy or rent, there's no way to argue that renting is a better way to spend your money. Unfortunately, a lot of the posters ITT have taken up the third option which is leeching off their parents in the basement and not doing a thing for themselves so their knowledge of financial savvy and how the real world works is underwhelming to say the least.

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>>136250005
>renting
Pay someone else for a roof and four walls and not have to give a fuck what happens to the place and be free to move as the modern increasingly dictate.

>(((owning))) home
- Pay x2.5+ the asking price (IF interests rates remain stagnant -- not fucking likely)
- spend a quarter century or more slaving under the kikes' usury whip
- can't move, can't holiday, can't LIVE
- IF you eventually pay it off, you've got... errr... the same four walls and a shitter the renting sucker has -- only, they haven't pissed their lives away for the dubious privilege that's supposed to be fucking human right, in so-called First World nations
- hit the bottle
- hit the wife
- fill a paupers grave
- ...not before wasting what remains of your inutile goyim existence trying to justify your protracted sepukku by shilling for the kikes in order snare them other unsuspecting saps

I know which I'd choose

>KYS

>"buy house" on edge of town
>avoid traffic and the city
>city expands around you
>apartments pop up down the road five years in
>neighborhood destroyed ten years in
>roads aren't maintained as well anymore and schools suck 15 years in
>bubble pops 20 years in
>city and state float bonds to cover costs of bubble
>taxes go up
>roads and schools still suck, streetlights don't work 25 years in
>shoot some nigger breaking into your car 27 years in
>only three more years to go then i own this baby

>>136252150
Literally none of this is true.
Just because your country is unaffordable, filled with deadly creatures and a stain on the world doesn't mean everywhere else is.
Come home, aussiefag

Why on earth do other countries have property taxes?

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>>136244992
>CHINKED.com

You also have to factor in the cost of a car payment with the house since you need one for that long commute to the city.

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>>136252528

>>136244585
kek

My life plan with finances. Status is married with two kids and a third on the way.

2013 - Graduate
>70k debt loan 1, 30k loan 2
>Unsuccessful in finding work
>Move to different state to take care of family

2014
>Find better job
>No real change in debt
>caretaking relative, no rent
>twin kids born

2015
>buy car
>debt slightly reduced

2016
>buy second larger car cause twins
>much better job

2017
>large debt reductions
>wife pregnant again

2018
>will be debt free by end of year except for loan 1
>begin saving downpayment

2019
>loan one dead
>buy house I am in for 100k (worth 250 but discount for taking care of family member)
>buy 70-140 acres depending if I can find adjacent lots

Overall doing pretty well for how kek on our generation was.

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>>136252395
>muh fake news
>stain on the world
https://www.youtube.com/watch?v=uZ8KDvOrcYo

https://www.youtube.com/watch?v=_rHG9UKmgbk

The pogroms are beginning... Pack you bags.

>>136253005
>direct link to The Young Turks
Hooktube that shit, it's like archive.is for youtube. Just switch the domain in the url.

https://hooktube.com/watch?v=_rHG9UKmgbk

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Let me disprove the "care free" rent life in a picture.
There's an apartment building next to my house
They've had a plastic tarp on their roof for the past year because it's owned by a shit landlord. It's a shame too cause all around it is nice homes and really great neighborhood. And of course, the occupants are shit tier people who are loud and poor.

>>136252244
This is exactly what happened to my parents. By the time they wanted to move, they couldn't sell the house for what they paid for it as the prices had dropped because of the shit neighborhood. So they stayed because if they had sold it, they would have lost over half of what they paid into it at the start.

After I moved out, they eventually caved and sold it for something crazy like 1/3rd of what they initially paid for it because the neighborhood had gotten so bad. That and the City kept jacking up the property taxes every year. Or rather I should say all the non-home owning ghetto niggers that lived in the city kept voting to raise school levies, which raised property taxes. This was all on top of the repairs, replacement of the AC/Furnace, replacing the roof every so often, mortgage, homeowners insurance, and all the back breaking yard work they had to do after I left.

I will never fall for the home owning meme. If you add all the costs, maintenance, taxes, mortgage, and all the other unforeseen bullshit together year after year, renting and "owning" end up costing about the same anyway. I'd rather just let some landlord have to deal with that shit. If he kicks me out or raises the price too high, I just find another place to live. its not like there aren't easily affordable places to rent in my area.

>>136252974
Your wife will get bored of you and divorce you before 2019. She'll take all your shit because the mother has to have the kids in the judges eyes, which means she'll also get the house while you're still stuck paying the mortgage.

Then what?

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>>136253027
You learn something every day...

>>136252150
>Pay someone else for a roof and four walls and not have to give a fuck what happens to the place
Spoken like a true nigger, didn't even have to read the rest. You should take pride in where you live regardless of renting or owning, it's where you lay your head at night. Unless you have literally no visitors then you're welcome to bury yourself in piss bottles and piles of vomit or piss on the walls I guess.

>>136245026
high taxes because you live in a faggot infested progressive shithole? no thanks.

this, and maintenance is the true redpill on why home ownership is a hassle. if you're going to own, buy a few hundred acres of rural land and build a cabin.

>>136253225
Whatever, ill just kill myself and be free of this gay earth. Not really concerned about it because not failing at life and killing myself are equally appealing.

>>136253344
You can "not give a fuck what happens to the place" and still take care of it you dumbfuck. Its just that if the neighborhood around you turns into a crack infested nog den of piss and booze, you can leave and not look back.

>>136243955
i just reported you for selling crack
the police will come and civil asset forfeit your house
have a nice day

>"buy house"
>lose it to wife in divorce
>still have to make the payments on it

>>136253482
Fair enough. Thats actually the better outcome if she does leave. Don't support her if all she wants to do is sit on her ass, take your money, and tell you that you can't see your kids. Let her live with the consequences of her poor decision.

>>136253225

This. Marriage and kids is the biggest gamble you can ever make with your life. With 70% divorce rates I would not play those odds.

>>136243646
What do you do if you live in the Jew York metro area? Rent in the city is rediculous if you don't want a complete tiny shithole surrounded by niggers and houses in a good neighborhood are at least $400,000+. Seems like a lose-lose to me.

>>136245863
wtf? fucking HOA fucking cuck dumbass
>I own my house
>I pay HOA so they can tell me how to manage my house

>>136253637
>getting married

>>136253673
why are there people like you actively lying about the stats?

>>136253701

You either have a rent stabilized apartment or you're mega rich. Otherwise you don't live there.

>>136243646
I wanted to own the home I'm currently renting. The seller absolutely wanted me to take a (((mortgage))) at the advice of his personal banker instead of a rent to own deal in which he'd get 1 grand per month for 30 months. Who tf wants to pay 50 grand for a house that barely hits 30 grand?

>>136253707
yeah the HOA shit pisses me off, It wipes out about a third of the rent savings in some places

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>>136252528
GREAT DEAL. YOU BUY BUY BUY

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>>136243646
I bought a house in Los Angeles seven years ago and it has tripled in value because of gentrification.

>>136253670
As preparation for a possible future kek'n I never bought life insurance on myself.

>>136253673
For a couple that were both virgins at marraige the success rate is 95%.

Not really worried about it.

>>136253804
Because its not a lie. The average is around 60% nation wide, but it varies by state. New Jersey has something insane like 90%. Women initiate approximately 70-80% of these divorces.

>>136253518
"Not giving a fuck what happens to the place" and "taking care of it" are literally the exact opposites of one another. Are you fucking retarded or do you not know how the English language works paco? Maybe you should learn how to type out a coherent thought instead of expecting everyone else to be some Rasputin-level psychic wizard mind reader, you absolute sperglord.

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>>136253707
HOA actually protects your home's value. If you weren't half a retard who's too poor to own property you'd know that.

>>136253707
>Thinking a condo is a house

t. Europoor

>>136253804
not lying, exaggerating

>>136254036
I'm pretty sure that all life insurance policies have a clause that if the death is ruled suicide, they don't pay out.

>>136254306

fine, but you gotta include the $300-$400 per month when you calculate how much a house costs

why I laugh at Americans who buy homes
disclaimer ex burger who paid for his university degree doing construction

>US homes are tier shit quality
>the builders cut corners like crazy so the tier shit quality is even more insane
>most places have a fucking HOA seriously you can't be more of a fucking cuck
>fucking civil asset forfeiture just went federal
>if you're a man and dumb enough to get married, kiss you assets goodbye as soon as you accumulate enough to pls the wifey

>>136254189
Nah. I don't give two fucks about the place I'm renting right now. Its just a place with 4 walls and a roof. I still vacuum, clean, and do all the things necessary to keep it tidy and not get kicked out. But all said and done, the moment the neighborhood goes to shit, I bounce. I literally do not give a fuck about this place I am renting.

>>136254370
Women be crazy, dont want them even thinking they might get sheks if they can fabricate a story in their head about getting away with murder.

>>136246758
It happened 4 times in my home town to people I know.

Once was to build a canal through Florida that never happened, they demolished her home then never even finished the project.


Theres still quarter built bridges decaying in the national forests.

Fuck right off

>>136254306
if you are paying the HOA 300 bucks for 30 yrs what value does you fucking house have after wasting 108000 on a fucking HOA telling how to live?

>>136253990
Gentrification is a bad thing? So does that mean diversity is a bad thing?

>>136246974
I think it goes both ways

"If we don't do that they will just leave"

Rented in the same county for 10 years now. I've moved around but stayed in the county.

>>136254339
we don't have condos here dumbass
and no we don't think an apartment is a house
and home ownership here is higher than in the US for 35 yrs and younger

>"buy house"
>have to buy insurance that doesn't cover acts of God
>pay taxes for schools to teach there is no god

>>136253053

>Call someone who deals with building codes.
>Landjew has to fix the damn roof now.
>If not building is condemned landjew is fucked and would also likely be legally required to help fund some of their new place to stay or hotels until they find something.

>>136254829
There's some truth to this, though. Our municpality spends less per student per year than the inner city school and have far better results.
It's because people have much higher rates of ownership here, generally give a shit about their kids and are heavily invested in the school systems and PTA. Inner city they just throw more and more money at the problem and keeping getting shit results. Mainly because the parents and students are shitheads.

>>136254551
Thats why you never tell them about it.

>>136255397
Women are fucking nuts but I found a nice one that's religious and enjoys being a wife with kids. I hit the fucking lottery on that. Most woman nowadays are shit throwing baboons.

>>136255681
For now. It doesn't take much for a women to get bored with you and thanks to no fault divorce, it doesn't matter. You are at the complete mercy of your wife, and because you have kids, she will double fuck you when it comes time.

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>>136254451
>>136254655
Paying HOA fees, and having HOA to begin with, ensures you can't have some drug addicts or stupid niggers move into your neighborhood and decide to paint their house neon orange or park a rusted cadillac in the front yard and drive the value of all the surrounding property into the ground. It's a community effort to preserve the value of all your property collectively. If you don't know the purpose of an HOA and why it exists in the first place, you're likely still living with your parents and are too stupid/naive for this conversation to begin with.
>What value does your house have after 30 years
More than if you didn't have HOA and your property's value was driven down to near-nothing because mexicans and meth heads move in, don't upkeep their own property, and as a result no one wants to buy your house because of your neighbors. It's not a difficult concept to grasp. Most of the time HOA also includes garbage pickup and often lawn care, so it's not just wasted money it's things that you'd have to do on your own anyway and buy equipment/spend your own time doing.

>>136243646
I know what you mean. I'm 31 and just paid off my house. Unfortunately over the past 8 years, niggers have moved in around me. Now I'm looking for another.

>>136244281
It's so expensive owning a house. So much needs to go into it. It always helps having someone else around with another steady cash flow though. Minor repairs become easier as you figure out how to do them yourself, there are several jewtube videos out there.

>>136243646

It seems like housing has to be heavily regulated for the prices to remain reasonable. State controlled prices?

>>136255964
Funny, you could say the same thing about places that rent, but refuse to take section 8. Only I don't have to deal with HOA bullshit.

>>136254857
Can you elaborate?
I actually have an oppurtunity to live and work in France.
How is the home owning thing there? As in taxes, fees to stupid authorities, etc...

>>136257096
Why would you, a jew, willingly want to step foot into the cesspit of Europe that is rapidly becoming an Islamic Caliphate? Muslims hate jews more than anyone else right now.

>>136256564
Funny, because they're not even remotely the same thing and the fact that you think they are just shows how uneducated you are. One (section 8) is a decision by a single property owner for federal subsidies while the other is an agreed upon effort for the physical property itself and the upkeep of surrounding areas when you first buy property to adhere to standards.

Also you still don't own anything and are literally burning money in a garbage can every month.

>>136257416
What the fuck do you think section 8 specifically means, you dumb shit? What do you think happens when property owners accept section 8 and allow niggers and spics to move in?

>>136246974
There are some downsides to this that we are currently experiencing. Local governance favoring incumbent property holders is how we get zero growth cities like San Francisco where, despite huge demand for residences, no new units are being added because
>historic preservation
>maintaining neighborhood character
>environmental impact
>zoning/land use
>lot size minimums
>building permitting
>fees/levees/taxes
I understand the desire to keep property values up so as to exclude minorities in a way no one will call you racist over, but limiting housing supply to the replacement of existing citizens with even richer ones is a major problem when combined with the other thing major metros are famous for i.e. concentrating jobs and wealth extracted from the entire country aka Silicon Valley, Wall Street, etc.
American urbanism is extremely sick and is a key driver of economic inequality but no one is willing to criticize how cities take opportunities from the rest of the nation while serving only a select few.

>>136247277
1/5? Try 1/3... You lose the down payment, and then some......

>>136255022
>pay higher taxes to 'throw more money at schools'
>indoctrination of Marxist philosophy increases, and test scores continue to decrease

>>136257203
And Israel's becoming an ultra orthodox mud slum with all the secular people transferring money through social security to the Torah boys...
Not a lot better. Plus, add the occasional war here and here every few years.

>>136243646
My mortgage is less than what people pay for a one bedroom apartment. I have no car loans, a no credit card debt. Enjoy being irresponsible faggots.

If your wife tries to divorce you just commit a white collar crime that will land you in prison. She won't do it if there's no gravy train and you can basically be a NEET while she lives in poverty struggling to work. If you are going to be a prisoner anyways do it of your own accord.

>>136244381
THIS
Even if I did pay off my house I still owe over two grand a year to live on "my" property, you never stop owing someone for a place to live so why not rent.
The game is pay rent for a few months and squat rent free for as long as you can, get kicked out, rinse, repeat

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>>136243646
>Why isn't this pushed more in our society? It's a far better investment. Is it a dependence thing millenials struggle with or just they like throwing money in the toilet?

I think young people just finished university etc should only rent--that way they are mobile and can move all over where the work , work experience and money is.

Once getting the valuable, challenging work experience and they get the long term dream job, then consider buying a home.

I would not rush it.

The baby boom generation is retiring and will be dumping their homes.

Instead of real estate, buy gold and silver

Production will be plummeting over the next decade due to lack of discoveries. Same goes for other materials like silver, zinc, copper..We know this because it typically takes 10-20 years to discover and open a mine.

>>136253891
Of course he does, you fucknugget. If you engage in a land contract with him, it's his responsibility to get you to make the payments. If you borrow from a bank, he gets the lump-sum sale price right now and the bank is responsible for getting you to pay the money.

I also call bullshit on the idea that he offered you a rent to own plan for the same cost as the house that doesn't contain at least as high of an interest rate as what the bank would charge. Even if you used CD rates as the discount rate the discounted cash flow would show that as a losing proposition, and that's before you factor in credit default risk.

If he's renting the place to you on a land contract, he's either charging you a solid 8% interest, he's inflated the sale price to compensate for time value of money and default risk, or he's astronomically retarded and you should probably try to negotiate paying him in pet rocks instead of money.

>>136260052
Thats a fair point. When everyone is jews, everyone is jewing everyone.

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>>136243646
You know what the number one fear Millenials have in the current year??? Commitment.

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>>136243646
because I travel to new cities for work every 3-5 years, making absolutely no sense to buy.

I would hate the idea of living in the same place and being in a contract for 35 years of my life.

>>136253225
desperate lonely projection: the post

>>136262743
>feminist tape worm looking for a host body to attach herself too and leech off of.

>>136245863
What are "property taxes" also, was the Revolutionary War a waste of everyone's time?

>>136253418
>buy a few hundred acres of rural land and build a cabin.

Thats called living the dream right now trying to save money so i can do that in northern Maine

>>136248341

>"buy house"
>don't pay your land owner aka the state your property taxes
>lose "your property"

Reposting for truth.

>rent
>not responsible for repairs
>don't need to deal with much of anything
>even utilities can all be paid for you, fewer accounts in your name, fewer responsibilities
>can move wherever, no commitment exept a year lease, which you can usually get out of without charge by subletting
>complete freedom, no worries, no financial risk

>buy house
>if anything happens you are fucked
>hope you paid your taxes, insurance, repairs
>hope you mowed your lawn or enjoy the ticket
>tied down there whether you like it or not, can take years to sell it
>putting all your eggs in one basket type risk

Other than a hunting cabin innawoods I would never buy a house. Fuck that shit.

>>136254489

This. The houses fall apart in 50 years, if you're lucky they last that long at all.

>>136243646
Millennials are much more transient than their parents. The days of going to college, finding your wife, getting a good job at a company that actually cares about keeping you on and then buying your dream home are over(if that ever even existed).

You're much more likely to hop from place to place. If you actually intend to live in an area for more than 5 years then by all means go ahead and buy.

I bought a house on long Island for under 200K. I've already put in 30K. Value is now 250K and going up.

My mortgage is cheaper than my last rent by 300 a month.

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>>136243646
go to realtor.ca
and check it for yourselves... even in this environment... buying a condo in Toronto is 3 times cheaper than renting!!

if you pay 2200$/month... it will be 26,400$ and if you keep living in that condo foe 4 years... the rent will also increases 5% each year... but let's say it doesn't
4X26,400$=105,600$
it is over 100 grand that is gone!!! you will never see that 100 grand again!

>>136264790
>a company that actually cares about keeping you on
Why do such companies simply not exist anymore anyway? What the fuck. How fucked is that.

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>>136246452
>Literally