Why do idiots say that renting is better than buying a house? Or better several houses. Live in one, rent out the others, feel superior to wageslaves who prefer rent.
>>1082260
Renting is just like hitting the snooze button on being homeless.
Because Ameripoors have worthless houses that need to be rebuild as soon as it's a bit windy.
>>1082270
What about Eurofats?
ITT: I don't understand opportunity cost or liquidity concerns
>>1082290
Where I live renting is a lot more expensive than taking a mortgage. And housing prices are stable or increasing. So it's a good investment.
>>1082293
>opportunity cost
which is becoming a meme with returns going lower and lower.
>>1082260
Because apparently making an extra 0.0054% over the next 35 years by investing mortgage money elsewhere, is more useful than having a roof over your head.
>>1082306
Also,
>needing a mortgage
>being successful
Pick one.
>>1082306
>is more useful than having a roof over your head
Why? What if 2008 strikes again?
>>1082260
Opportunity cost of money spent on Houses is insane. If you can't make money with the hundreds of Ks then sure go for housing. I ain't sayin don't buy a house, but it's more complicated than that . It's case by case dependent. Yo if you is a business man, you should know when to buy, where to buy, can u sell it if u need cash, do property prices fluctuate. Paying rent isn't wage slave or putting of homelessness in all cases, some may not want live in the same place in a couple years. Buying, selling, and renting ain't no regular game Playas, it's a sport where it is 10% luck, 20% skill, 15% concentrated power of will, 5% pleasure, 50% pain and 100% reason to remember the name.
