Renting your residence is beta

whoa 6 different states how thrilling

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mental illness general

This depends entirely on your area.

Rent in the US for states that were heavily afflicted with illegal immigration have rents at $1400 to $2600.

But you could end up buying property then in a few years some CHAZ assholes show up and wreck the place and all that money goes to shit.

not an argument

Yea its pretty cool out there, enjoy your bubble

Renting though is essentially shorting a house on margin. Its more cucked than a mortgage. The only non-cucked way to live is owning in full without a mortgage. Otherwise you are paying for what is an essential you will always need. Once you realize this you understand rent is a debt obligation just like a mortgage, except it goes on forever so its not thought of as a total amount of money like a mortgage. Its less "scary" and easy for simpleton renters to not realize how they are debt slaves.

-said the increasingly nervous man for the 7th year in a row

You also need to take into account homeowners insurance, municipal taxes, maintenance money, and power & water.
Rent is just rent, contents insurance, and utilities.

Rent includes your landlord's mortgage, insurance, taxes (probably more than if you owned), maintenance, baked in. Its just one number though so rentlets think they aren't paying it.

In what world does that make sense? Maybe its time to take your meds & stop caring if strangers on the internet are homeowners or rent. Literally who cares?

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And to put OP to rest forever:
People don't rent what they buy.
Again:
People don't rent what they buy.

Another way:
People buy more than what they would rent.

pffttthahahaha wow, unable to understand an extremely basic concept.
small brain

Another wrong take:

Folks that own the property can only rent at what the market will bear.
Nobody gives a shit that you overpaid for a shitty house. The market is only paying x to rent it.

Then you have to compete against the real pros like Avalon Bay communities, Simon property, etc.

Yeah, renting really only makes sense if its a shithole in a big building, due to economies of scale. But that means you're a poorfag anyway so it doesn't matter.

Anytime you rent an actually non-shithole, non-poorfag residence, you are paying for everything you would have as an owner except with your landlord's profit margin on top. Just because you rent doesn't mean the government stops collecting taxes, your roof magically fixes itself, your landlord doesn't need insurance, etc. Its all baked into rent.

mortgage includes taxes, interest, and fees retard

>Yeah, renting really only makes sense if its a shithole in a big building
Incorrect. Renting definitely makes sense if you live in the top 5 American cities (800k avg home). Rent what you need and invest the rest.

Why do retards try and portray this as a bad thing?
>Paying money for goods and services is bad
Renting is cheaper idiot

So according to you, none of those companies make a profit? No, they do, and its rentlets that pay it.

this retard unironically thinks houses rent for LESS than a mortgage hahahahha

get the fuck out eurocuck

So what you're saying is you still pay them, retard

as do you, jackass

you are a faggot user, I'm paying my rent with my dividends from stocks

You can get a house with barely any downpayment these days and

Avalon Bay definitely makes profit but the margins are very low (e.g.
3000+ multi family housing in NYC). The REITs also successfully suppress individual home owners from renting their homes to cover their mortgage (rent-seeking behavior).

Your best bet as a single biz professional is to
1) Work in a major city to generate the income
2) Rent what you need
3) Invest the rest
4) Optionally practice geographic-arbitrage after clearing 6-750k after tax (invested)

You’re rootless and triggered homeless man.