renting is the biggest waste of money imaginable
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Date: May 5th, 2025 4:50 PM Author: buck-toothed burgundy university shitlib
Ya but sometimes you gotta do it if you want to live in different places.
Life isnt about accumulating assets.
(http://www.autoadmit.com/thread.php?thread_id=5720770&forum_id=2#48906176) |
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Date: May 5th, 2025 5:43 PM Author: Heady giraffe
it really is
when you can put the difference in an s&p500 index fund and get 8% per year
people who "buy" homes are fucking IDIOTS
(http://www.autoadmit.com/thread.php?thread_id=5720770&forum_id=2#48906355) |
Date: May 5th, 2025 5:49 PM Author: Amber hateful office
not really, that would be buying a boat.
renting vs buying housing, it's local and situation-dependent, but a lot of times renting + putting downpayment money in s&p 500 index has outperformed real estate, once you factor in closing costs, maintenance, mortgage, etc etc. of course there are some counterexamples where people see crazy returns on housing, which is a leveraged purchase, and get a lot of the cap gains excluded
(http://www.autoadmit.com/thread.php?thread_id=5720770&forum_id=2#48906372) |
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