You think the market is a sure thing? Lol.

If you fomo in now, you may not see a return on your investment for at least 20 years...

>>60498731 (OP)
I just bought a house, honestly I just got tired of being a rentcuck and you niggaz have been saying “two more weeks until a crash” for like 5 years now.

>>60498812
>he bought
someone hasn't been watching the home price data
enjoy your 7% fomo rate

>>60498815
If rates go up, I ended up better off. If rates go down, I refinance. Either way I win.

>>60498812
Dude housing is literally crashing right now. Like if you waited 2 more years you could have gotten 30% off from price you bought at

>>60498822
i really don't get why people still buy homes these days when there are infinitely better assets available in multiple different forms today with far less liabilities and far better liquidity

>>60498830
A mortgage is essentially free 5x leverage. You can't get that anywhere else, really.

>>60498836
You can do that with bitcoin synthetically using derivatives

>>60498846
>why do people buy a house??
>they should just go 5x long on btc with their entire life savings
Being this retarded is an accomplishment. Well done.

>>60498857
>strawman
>ad hom
You can profit off the vol regardless of price action you retard, notice how your literal words were "You can't get that anywhere else, really." and I directly refuted that, so you strawman me and use an ad hom instead then have the audacity to call me a retard lmao dunning krueger in full effect

>>60498871
You can’t get liquidated or margin called on a house you goddamn ape retard dumbass fuckwit

>>60498830
Bro just live in your bitcoins!

>>60498984
high interest on loan

>>60498731 (OP)
you missed the memo. we dont crash anymore...we print money so we get hyperinflation instead of a crash

>>60498731 (OP)
cancel the noise and buying the dip of A.

>>60498830
You need a place to live. If you buy a house you pay for maintenance, property tax, mortgage, and insurance. At the end, you get a house. If you rent you pay for maintenance, property tax, mortgage, and insurance. At the end you get nothing.

>>60499633
the problem is getting a house that wasnt designed and engineered to fail the day the warranty expires and subsequently built by mexicans to an even lower standard. you basically have to build it yourself to not be getting jewed.

>>60498731 (OP)
>We're due for a crash
no such thing
good luck timing the top though, your loss will be my gain

>>60499649
If you buy anything that was built before 2001 you have a fair shake. You have to keep in mind though that all houses require maintenance and remodeling. Unless you live in a medieval castle (which even then probably needs updating because I assume you want electricity and modern plumbing). But again, as a renter, YOU STILL PAY FOR THAT. You're paying the landlord's remodeling bill.

Mind you also that the cost of the materials and construction labor that goes into your house is fractional part of its value. The land underneath it and the location of said land is the true value of the home. Even someone who bought a house that falls apart is going to lose less than a renter did over the same 30 year time span. Even if you only break even, you still lost less than a renter. Even if you were $100k in the red when you sold, over a 30 year timespan the renter is going to be miles under water compared to you.

>>60498731 (OP)
Honestly that makes the chart look much more reasonable

>>60498836
>free 5x leverage
>free
does mortgage rate and property tax not count

I just wanted to buy a house ok? It was 400k for a 3k sq foot house in a gated community. Doubt it drops more then 10% from here but if it does I'm going to buy one next door for the inlaws

>>60500031
You have to live somewhere. Unless you’re leeching off of your family, you are already paying your landlord’s rent + tax + mortgage + repairs + profit + tip.

>>60499649
hate to break it to you but it's a crapshoot either way- companies trying to penny pinch their way around building code has been a thing for decades. Anyone that tells you otherwise doesn't exactly have the breadth of experience and knowledge to be advising anyone on purchasing and maintaining a home

>>60499633
>In the end you and your children get the privilege of renting that house from the government, probably at ever increasing property tax rates, and maintaining it so a brown hordesman can live in it after your grandchildren move out
FTFY

>>60500331
This property tax argument is retarded. Renters pay property tax. You pay YOUR LANDLORD'S property tax. It's part of your rent. If you have a problem with it, then write your congressman.

>>60500101
where in the bumfuck countryside did you find that?

>>60499966
>30 year timespan the renter is going to be miles under water compared to you.

nah, false comparison. you're assuming you would rent in an area you want to buy and thus have equivalent payments

renting in the cheapest bearable place + investing in high growth assets like crypto then securing a house once its a trivial part of your portfolio massively outperforms a mortgage that takes the bulk your liquidity

>>60498731 (OP)
This.
I bougjt byd call options for 0.06 a piece now theyre at 0.001
Fuck me

>>60500438
crypto never goes down
the markets only go up
leverage trading your entire net worth is safe and effective

>>60498731 (OP)
https://youtu.be/oIiBOauHjpI

>>60500438
>renting in the cheapest bearable place
Likely a location with high crime, low job opportunities, few services, and it's a dump to boot. Where are you going to get income to invest? What happens if you get sick or have some kind of medical emergency? How many high value individuals do you expect to be networking with living in such an area? Any in person training classes nearby? You plan on having a girlfriend in this classy abode? Or even just a hobby?

The biggest costs in life are opportunity costs. You aren't going to become rich by living in the fucking ghetto, hence why it's the ghetto. You aren't going to become rich living in bumfuck nowhere, hence why it's bumfuck nowhere.

>>60500542
You don’t understand. If I just rent out the loft of a barn in rural iowa for $500 a month, eat only lentils and fast food ketchup packets, and never spend money, I will be rich when I’m 60!

>>60498836
Um, try 30x. 30 year mortgage. Not sure where you are getting the number 5 from.

>>60500757