Thread 60885939

Two things, Kakarot:
1. Your house is not an appreciating asset
2. Your house is not an “investment” unless you plan to sell it

>>60885939 (OP)
>2. Your house is not an “investment” unless you plan to sell it
is this a plea for financial advice or are you just retarded

>>60885952
Prove me wrong.
You can’t.

>>60885959
>>60885952
>>60885939 (OP)
I'm not buying a house till I need one for my family

>>60885959
pay rent for 80 years or a mortgage for 15 then get back to me if you still need some more help

>>60885973
>this retard thinks you’re just paying the mortgage

>>60885939 (OP)
houses do appreciate in value. it's one of the best investments you can make. unless you buy shit.

houses are an investment bbecause even if you don't sell it, you will need to maintain it, and will want to improve it. and so will those that inherit the house from you.

>>60885982
oh you actually are just retarded, have a good afternoon bud

>>60885939 (OP)
>2. Your house is not an “investment” unless you plan to sell it
the bigger your house the bigger the loans you can get
the bigger the loans the more bitcoin you can buy with them
microstrategy

>>60886023
I accept your concession. Thanks for playing champ.

>>60885939 (OP)
house prices literally doubled in many places over last decade. In my city 120k got you a legit home in 2000 and gets you now a cuckshed student apartment.

>>60885959
>your house is not an appreciating asset
I own 2 properties. One is a cabin innawoods for recreation. The appreciation in price for the cabin (I had an offer on it which I refused) is more than my insurance, property tax, utilities and mortgage interest combined. After considering these expenses it has still outpaced bonds (not the S&P 500, mind you) while allowing me and my family to use for recreation.
Please explain how that is not an appreciating asset.

>>60885952
Go on then, tell me what you are going to do after you sell the house you've been living in.
And remember, renting is for suckers right?

That's right Kakarot. Wholesale. I have 200 stakes in Bulma's freezer and a pallet of Gatorade. Maybe I'll let you come along some time and you can have one of their famous hot dogs.

>>60885939 (OP)
>>60885959
Two things, Vegeta:
1. A house is both an appreciating asset and an inflation hedge. It stores value in land, location, and scarcity.
2. It’s not just an “investment” to flip…it’s leverage. You put down 5–20%, the bank gives you 80–95%, and your tenants or future self pay it off while the asset compounds.

You’re either the bull (owner) or you’re the cuck (renter).

>>60886013
*Your* house doesn't appreciate in isolation and the moment you sell *your* house you're out of a place to live and need to buy a new one.

There are exceptions of course but as a general rule, OP is right. Houses can be good investments but *your* house is most likely not.

>>60885939 (OP)
I just want to have a house so I never have to pay rent again, not much else
I don't give a FUCK if I have to bet my salary on love on solana, I just want to avoid talking to my landlord every month and listening to him complain about his gay son

>>60885939 (OP)
aw jeez Vegeta you know chichi handles all that stuff I just want to get stronger

>>60885939 (OP)
My house is an investment in not paying rent.
>>60885982
>this retard thinks his landlord is paying for those same extra costs out of their own pocket instead of reaching into his

>>60885939 (OP)
Gotta live somewhere bro. If the options are between giving money to a ""landlord"" and paying for my own house, I'm paying for my own house. Every penny given to a landlord is a penny lost, every penny thrown in to property is potential.

>>60885939 (OP)
You're right in the sense that it's not liquid at all. Because you can only cash out if you sell (and thus become homeless unless you spend all that money on a new house) it ends up being a very safe investment in the sense that you are storing wealth. It's a piggy bank that you'll never open. Which does make it pretty useless practically speaking as an investment but if you intend on having kids giving them a home is your #1 priority for inheritance once you're dead. If my grandparents hadn't been retarded poor losers my parents would've each had a free fucking house given to them. Instead they're stuck at square 1 grinding away to pay their mortgage off.

As >>60887741 says buying property is an obviously important financial goal as it beats stinky renty life. But yes OP from a purely financial perspective unless you take out loans against the value of the house (lol) then it's financially useless strictly as an investment. 4nhst

>>60885939 (OP)
Many old people sell their homes to fund their retirement.

I could get a mortgage and a decent house rn. But i'm a single guy and I don't really wanna tie myself down in the city i'm currently living in. I just rent a room at my friends house. I'm pretty lucky in that my rent is cheap and my landlords chill. The amount of money it would cost to get the kind of house I actually want, plus mortgage, insurance, upkeep, furniture etc. My moneys better off invested elsewhere. By next cycle I could probably just buy/build a house.

>>60885939 (OP)
Houses are an appreciating asset if you are planning on renting it out and generating revenue from it, not just living in it. Same goes with residential buildings that do not generate any revenue.

Thats why gold stocks are considered an investment and gold bars are considered an asset. As long as the monetary supply keeps inflating, even magic the gathering cards can be considered an appreciating asset.

>>60887741
classic fucking retard tier meme
you can always tell who doesn't know what they're talking about by this
the actual comparison is with renting and parking your assets and putative homeowner costs in the market
guess what. in many/most markets it pays to be a renter. real estate tards cannot fucking comprehend that home ownership is an opportunity cost versus an equities index
> CAN'T LOSE WITH HOUSE. ALWAYS BET ON HOUSE durr durr

>>60887923
seething rentfag.
paying off someone else's property like a good goy

>>60887923
That's not the actual comparison. Any expense beyond principal will be paid by the renter, that includes interest, insurance, maintenance, tax, depreciation, etc, even if its not line-item billed like that. As well, basically every landlord is leveraged up to the neck, so you are also having to pay their monthly principal.

The actual comparison is
owning: principal (equity) + property appreciation - costs
vs
rental: capital gains - rent (principal + costs)

because both have "- costs", we can simplify to (principal + property appreciation) vs (captial gains - principal)

You have to compare the rate at which you pay principal vs the increase of the market **not the rate at which you can invest into the market**, because you still have to pay the base costs no matter what. The only way to have extra left over for investment into the market is to judge a rental for a smaller property against a larger one, or getting a sweetheart deal from a family member with a paid off property, which is just dishonest.

>>60887958
> you're paying someone else's mortgage
there's the other one
if we keep going maybe we can draw out the third. they all read the same 2 investing books (real estate of course) and think they've unlocked the sacred financial secrets
genuinely hope you aren't levered for when case schiller reverts

>>60887999
> Any expense beyond principal will be paid by the renter, that includes interest, insurance, maintenance, tax, depreciation, etc,
my sides
> As well, basically every landlord is leveraged up to the neck, so you are also having to pay their monthly principal.
more classic RE genius
> incorrect algebra
the renter doesn't pay all that shit. the renter pays rent dumbass. what do you think happens when the market value of rent floats below costs? do costs magically decrease? as "exciting" as this is the tards are out now and I'm not putting on a remedial arithmetic clinic

didnt ask mortal

>>60888111
>the renter doesn't pay all that shit
Just because you don't get a bill for them doesn't mean you aren't paying them. The landlord is not paying them out of pocket out of the kindness of their heart. You are still paying them one way or another.
>what do you think happens when the market value of rent floats below costs?
Rent is, by definition, the cost of the mortgage and property plus profit. A landlord that cannot make their mortgage payments because they cannot collect enough in rents goes into default, their properties are bought by another landlord, also leveraged, to continue the cycle.

>>60888169
> Rent is, by definition, the cost of the mortgage and property plus profit.
no it fucking isn't you impossibly stupid fuck. rent is an arbitrary quote that only clears the market when someone capable elects to pay it. you would LIKE for it to be equivalent to that formula because that means the landlord is in the black
> ... their properties are bought by another landlord, also leveraged, to continue the cycle.
this is second order, begs the question
i should've realized the only people parroting this shit are the people too stupid to understand it

>>60885939 (OP)
tell that to blackrock

>>60888287
>rent is an arbitrary quote that only clears the market when someone capable elects to pay it
Close, its clears when someone elects to pay it, **and when someone elects to sell for it**, same as any other good or service. While landlords can compete, they can't go below their actual costs without defaulting, and in almost every place, that baseline is the cost of financing. While there may be temporary fluctuations, over the long run, and rate increases and other factors lag because of long-term leases, rent regresses to the cost of owning and financing the property, plus profit.

But since you seem to think you can outwit basic economics, where do you think the money comes from if rent were to somehow fall below costs? This isn't silicon valley VC bullshittery where they can just keep going back to investors for another billion, at some point, the bank is going to demand repayment or foreclose.

>>60885939 (OP)
https://www.101soundboards.com/sounds/42077742-two-things-kakarot-1-your-house-is-not-an-appreciating-asset-2-your-house-is-not-an

>>60886216
https://www.101soundboards.com/sounds/42077942-vegeta-youre-either-the-bull-owner-or-youre-the-cuck-renter

>>60886216
Two Things, Kakarrotto:
1) Your house is not your house, the government owns it
2) You do not know the price, it's not liquid
3) It's tied to a jurisdiction
4) It's tied to it's surroundings which can change the price before you realize it did (there's no ticker)

>>60888339
>>60888359
the bad quality of the generated voices makes it even better kek