5 years rent: $54,000 down the drain

5 years rent: $54,000 down the drain

5 years mortgage: $20,000 in equity

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Are you living in a mud house user?

Don't you get tired of the same arguments every single day? There's pros and cons to both sides and it comes down to your own personal priorities.

Lose your job by a democrat and lose your house and financially ruined.

For short term housing, like studying somewhere, abroad, temporary workplace, rents are better.

For bigger plans, like marriage, family, settling down, a mortgage worths it better.

House prices going down 50%
lose -$150000
Congratulations your now in negative equity
Your life is over

I don't even understand how mortgage works you amerimutts always complicate everything

he just wants people to send him pics of their house cuz hes a lonely faggot

>House prices going down 50%
>lose -$150000

hahahahaha we got our first room temp. rentcuck

1) any home that will generate $20,000 in equity over 5 years from just paying on the loan is a home that costs ~$150,000 so you're a fucking retard for thinking that a $300,000 house would generate the same equity

2)50% of 150,000 is not 0

either way you spin it, you're a fucking retard. congrats

what city do you live in (you won't answer, they never do)

imagine being so stupid that you unironically care what anonymous people think about you on fucking Zig Forums

>Lose your job by a democrat

t.

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Chicago

options
(1) google
(2) complain on Zig Forums

congratulations on being retarded

my condolences

who the fuck is paying $54k for fucking rent in 5 years? I am literally renting for free while living in a abandoned house.

I own property, modern ( sea front ) with 2 acres - DEBT FREE (not a LARP)
Your the cuck if you think property isn’t massively overvalued
project your poverty elsewhere faggot
definitely NGMI

OP lives with mommy and daddy

except if your house value drops in half and your bank demands their loan payed back immediately, you will lose the house and suddenly owe the bank half of your loan

This man rented around 05 during last bubble when he easily could have bought
That is the make it mentality

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Better post it every fuckin day

Sage

Based, don't let the rentcucks try and tell you otherwise.

ok so youre retarded for 1 of 2 reasons, let me explain.

$54,000 in rent over 5 years is based off of $900/month.

1) if you think $54,000 over 5 years is a lot, you're totally retarded and cant do math

2) if you think $900/month is not a lot, you're living in Commiefornia or the city like a retard and I guaran-fucking-tee buying a condo in the city would still be cheaper than renting

either way, you're dumb. please leave

imagine worrying about $900/month
pathetic

enjoy being tied to one place

not him but Pasadena, CA here. help me find a cheap place to live

please find me one single $75,000 house that once sold for $150,000 that isn't a total piece of shit

one
single
house

(you won't)

retards like yourself come into these threads and make the exact same arguments but provide NOTHING to back them up. you're just another sad lil rentcuck trying to justify being a retard

5 years mortgage living in the house: +20k equity
5 years mortgage renting it out and living in a car: +20k cash + 20k equity

whoa cool, totally irrelevant to you being retarded. all you did was throw a lil temper tantrum just now. basically "I'm not stupid! I have this thing!". lulz, how sad. such a small brain....

>roi of real estate ~5-8%
>roi of bitcoin 5000%

poorfag mentality.

im worried about every dollar that comes out of my pocket

imagine paying for this out of your pocket

> who the fuck is paying $900 per month for fucking rent for 5 years?
> I am literally larping for free while living in my parents house.
...fair enough

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>has no stability
you're probably a drug addict

up your meds schizoid

the point is not to sell the house, the point is the bank will take your house and there is nothing you can do about it, i know because it happened to my parents in the 80s, there was a house crash and the bank demanded the loan paid back and there was no buyers for the house anywhere near the loan price so the bank said they will take the house, luckily my dads friend was rich and helped with the money so the bank didnt get to steal the house

faggot