5 years rent: $60,000 down the drain

>5 years rent: $60,000 down the drain

5 years mortgage: $20,000 in equity

-Dab On The Rentcuck- Edition

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That's a man

I'm not planning on buying a house until I find what university I want to teach at. I don't want to be stuck at my current location if I end up wanting to go to Hawaii or Ireland.
SAGE

imagine coming home from a long days work to a fucking BOX. not only that, but doing it for years on end. I'd kms

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>it's this thread again
THE MADMAN DID IT

Mmm i sure hope so

That's just a city living thing. Even if you "own" some $800k condo it's still some cage in a shithole

for once, you are correct
that is reasonable. you shouldn't buy a house unless you know youre going to be living where you are for at least 5 years.

I'm 24, have a steady job and am ok living where I'm at for atleast 5 years. in 5 years, I'll have enough equity to sell and move wherever I want and put down $20,000 on another home.

Lmao I know exactly where that is, that's the #1 train around 130th ST in NYC. I took that train to get to Columbia for college.
Ya the neighborhood is a shithole but it's getting gentrified. I wish I had bought property here even just 5 years ago, real estate in the ghetto did a 3x in that time

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I cant wait to squat in my very own house during the states balkanization