Thread 516077295

I prefer to rent so my capital can remain invested in stocks and options. I much prefer stocks and options in Berkshire Hathaway and Amazon than own a single piece of real estate.

>>516077295 (OP)
You ask a very important question. I think the answer is that the middle class is actually the worst at managing money. Poor and rich people know more about this topic than the middle class retards.
>let me get a mortgage
>i already own this despite not having paid for it yet
>the house i live in is somehow an asset
>let's not worry about maintainance and property taxes

>>516077650
>poor people know how to manage money better than people who have more money than them

>>516077295 (OP)
He isn't wrong though. Money invested when young will revenue the most. In his case it would probl made more billions.

>>516077650
Facts.

The only time I'd get a mortgage is if the rate of return in cost-savings from not having to rent was higher than the interest payments + maintenance fees + property tax.

But so far it's not like that.

>>516077295 (OP)
When was this made. His house is worth over a million now.

>>516077295 (OP)
cause not everyone is so low ambition they want to live in a fucking ratbox body

>>516077295 (OP)
Housing shouldn't be an investment, it's a failure of the state that it is

Black Genocide... now.

....... Iryna Zarutska's Death Video .......

Black Genocide.... now.

....... Iryna Zarutska's Death Video .......

>>516077295 (OP)
Renting is ideal barring you dont have kids and can move whenever you need

how come no one ever shoots billionaires.

>>516077988
The stocks are worth over a billion now.

Your funny money stoonks will soon be worthless when people realize it's just controlled casino for retarded gamblers. A house, much like guns, ammo, food, liquor and tobacco, have real value.

What? That's the position of the left. The right want house prices to increase if anything to generate more money for the wealthy investors that own dozens or hundreds of them.

>>516078226
Poor fags will always be poor fags no matter what they do. I’ve never met people as opposed to learn how to get out of poverty as the ignorant, brainwashed, poor as a rat segment of the population. Pareto is unavoidable. Killing some rich people will only make them even poorer and some rich fag will profit from it all making him even richer. The best thing you can do in this life is stay the fuck away from poor people, I ven if you are poor.

>>516078004
Mentally ill freaks who want to live in a super palace need to be institutionalized.

Also, most houseowners don't personally own stocks, they are the definition of low ambition.

>>516078080
Yes it should, literally everything should be commoditized.

>>516077295 (OP)
Stock trading is a gamble though. If you could just dump cash into the stock market and get rich, everybody would do it. You have to get lucky to make a big return. Real estate, on the other hand, is pretty much guaranteed to increase in value. If you bought a house 10 years ago in almost any Western country, it has at minimum doubled in value by now.

>>516078399
> house, much like guns, ammo, food, liquor and tobacco, have real value.

Those don't have value, they don't generate income, you're retarded.

>>516078583
Learn to write.

>>516078399
>A house, much like guns, ammo, food, liquor and tobacco, have real value.
Not in america, the government will just yoink ownership away from you the second you forget to pay your property taxes! Good luck defending against the army.

>>516078680
>If you could just dump cash into the stock market and get rich, everybody would do it. You have to get lucky to make a big return.

Index funds literally pool 500-1500 stocks to diversify your returns, any major country has only seen their index fund go up because failed companies get dropped by the index.

Meanwhile, real estate on the other hand is a gamble. Houses can crash.

>>516078399
The “people” don’t have equity, commodities nor money. Their opinions are absolutely inconsequential to the price of those things. The price of those things already reflects they not being a part of the markets.

>>516078780
So why are blackrock , blackstone, evergrand etc all buying up as much real estate as they can get?

>>516077295 (OP)
Paying a mortgage is cheaper than paying for rent at this point, at least over here

>>516077295 (OP)
>”No dont buy property that appreciates in value, pay me rent and gamble on fake jew stocks instead goyim!”

>>516077295 (OP)
>it's 2030, I have no privacy, I own nothing, and I've never been happier

>>516079270
>Just rent a bug pod in the 15 minute city for more than the repayments on a 4 bed 2 bath house in the suburbs, goy.

>>516077295 (OP)
I love being a homeowner. If I had to live in an apartment I might kill myself because it would be such a downgrade of my life.

>>516079050
THey buy literally everything, they're global asset managers that manage trillions of dollars.

>>516079061
Over here a mortgage is 3x more than rent.

It used to be cheaper to get a mortgage but not anymore.

>>516079270
>No don't buy stocks that actually go up in value, just gamble your entire future by going into massive debt to buy a house that could crash any moment!!!!

>>516079635
If you buy a house you will own nothing. Interest payments will ensure you own nothing

>>516079897
>ust rent a bug pod in the 15 minute city for more than the repayments on a 4 bed 2 bath house in the suburbs, goy.

The suburb house would be 5x more.

Also yes just live in a super mansion, you're totally going to get into heaven and totally not a disgusting demon.

>>516080038
I would rather die than live in a house. I live in the center of one of the biggest cities on the planet, living in a house outside of it would be such a downgrade to my life.

Living in a city is a human right.

>>516077295 (OP)
Because home owners pay mortgages and thus care about the interest rate quite a lot
As for which is better, I think you'd need to be really good for the renting to be better
Rent money disapppears whilst the mortgage payments at least build up your assets
But tbf you would need to pay a few years of rent upfront

>>516080599
Thing is, thanks to renting, im able to build up equity.

Since im not paying all my money towards a mortgage and can rent for only $2.2k a month, I can save all my extra cash and buy high-quality stocks that go to the moon. I'm talking Berkshire Hathaway.

>>516077295 (OP)
>I much prefer options in BH
No serious person would phrase it like this. You've been on /wsb a few times and now you think you're Jordan Belfort

>>516077874
If he had made the correct stock choices then. He may have lost everything and never had been the Warren Buffet of today and instead doomed to work for 40/50/60 years and maybe still working as a Walmart greeter.

>>516077295 (OP)
debt slaves are easier to control

>>516078347
But he already made billions so it is of no consequence and you assume the stock choices then would have panned out

>>516077295 (OP)
Your mileage may very but this meme post is retarded in the modern era
>buy house
>use equity in house to buys shares
>shares go up
>house value goes up
kek

>>516077790
kike meme pushing kike debt
shocking

>>516077295 (OP)
I don't want to be kicked out of my house because the landlord wants to renovate.

>>516077650
>the house i live in is somehow an asset
It is in Australia. Shits fucked but the kike game is to debt max on property.

>>516077295 (OP)
Oh and don't forget
Never forget
OP IS ALWAYS A FAGGOT
>Buffett’s Omaha home, bought for $31,500 in 1958, is now valued at up to $1.5 million.

>>516080787
You know nothing about the economy, or property, or finance.

You're uneducated white trash.

>>516077295 (OP)
maybe this was good advice 400 years ago when warren bought his house but it costs more to rent than buy now

>>516080866
In U.S banks only loan money to people who are already aristocrats, they rule the world.

>>516077295 (OP)
He bought a house in California for $100,000 and sold it 25 years later for like 9 million fucking dollars.

>>516080947
You're incredibly stupid and don't understand tradeoffs and opportunity cost.

>>516081129
Compare that to his return on Berkshire.

>>516081213
SHUTUP YOU STUPID GOY - OP probably

>>516081181
>maybe this was good advice 400 years ago when warren bought his house but it costs more to rent than buy now

Literally complete opposite.

For boomers, renting was way more expensive than buying.

Post 2012 it has become much more expensive to buy than to rent.

>>516081213
Cool, compare that to bitcoin or NVIDEA

>>516081243
You don't understand anything faggot my house value is up 500% I used my house to buy stonks too using the house as collateral effectively.
Basically you're a dumb cunt am I am loaded to the tits.
OP is a fag. Property is FUCKING KING in my country.

Ive already done the maths on this, if you live in the property, its more cost effective to buy a home with a mortgage than rent and invest the deposit instead. Rent constantly rises.

>>516081272
no clue what housing market you're in. it would cost me $1000 extra a month to rent the house i'm currently in

>>516078706
how is that any better for stocks? the food and house supplies basic needs for people to invest in those stocks. if you would prioritize the representation of a company over the basic needs of humans you cannot be angry when they fight back

>>516081243
Hes mostly right about what hes saying just using the wrong terms for everything
As long as the investments beat the interest on the mortgage theres nothing wrong with doing that

>>516077650
>just live in a rented commie block surrounded by violent russians to build wealth
Build wealth to do what nigger? What's the point of having money if you live the same as a broke alcoholic?

>>516081395
Out of curiosity i spoke to the banker.

My mortgage payments if i bought my current Condo, plus property tax and expenses, would be $5.3k

My rent is only 2.2k.

>>516077650
Ya I noticed this when I was younger. The middle class worships being a wagie and sees paying bills and working for someone else as some kind of moral imperative. It’s a moral system built out of copium.

>>516081272
You are talking complete crap. In most places mortgages are similar to what you pay in rent. And rent is basically money that you burn. If you pay a mortage, it decreases the total debt and if your home appreciates in value (and in the long run it always will) you will build up a lot of home equity. Also don't forget that debt will decrease in value due to inflation, inflating away the debt. And mortgage payments are usually fixed for a long time unlike rent, which will increase every year. You're a fucking moron giving worthless advice

>>516078680
>>516078780
Nah he's right. Stocks are a zero sum game. Every dime Wallstreet profits was taken by some boomer gambling on biotechnology penny stocks or whatever, a pension fund that didn't sell a company before it went bankrupt.

>>516081311
If you bought Bitcoin instead of your house you'd be up way more than 500%.

>>516081296
>bitcoin
Okay you're clearly a moron.

>>516077295 (OP)
good goyim you will own nothing and be happy

>>516081568
That's real estate.

Everytime you buy a house and it goes up, the person who sold it to you loses out on that gain.

>>516081536
If you believe a word you said, you're incredibly dumb.

Paying $5.3k a month instead of the 2.2k i currently pay would be the dumbest shit imaginable.

>>516077295 (OP)
at the end of the day stocks are nothing more than a gamble. straight up. this is like some fucking lottery winner saying it would be more lucrative to buy lottery tickets than work a job and guess what, in his experience that is fucking correct but in the majority that experience IS NOT reality. MANY people invest in stocks and end up broke as fuck. This stupid shit needs to stop being listened to. Have critical thinking, consider the person's lived experience when they try to give you advice because you will learn it is absolutely useless to you. Your life is not their life.

>>516077790
I’d rather make 50k and not have to work or somehow just work for myself (even if it’s illegally) than make 100k and work 50 hours a week for someone else.
If you’re a rich business owner or even a drug dealer or gibs recipient you still own your own time and life.

>>516077987
landlord is gonna double your rent every few years, even when you in a wheelchair he don't care, PAY UP RENTOID. mortgage becomes an irrelevant amount overtime and his 0 after 15-20 years

>>516081484
Ok you're insanely retarded.

Not going homeless for one.

>>516081650
>I’d rather make 50k and not have to work
You wouldn't be poor then, would you? So you're not really defending his point.

>>516080529
Good for you. I don't want your kind in my neighborhood anyway.

>>516081653
>15-20 years

By then my stocks will have mooned to the point where im far richer than the landlord.

>>516081640
You need to learn economics.

Buying a house is a gamble, it's gambling. I've literally suggested making owning houses ILLEGAL for individuals because it is a risk. Your house could CRASH in value.

>>516081534
rent is not tax deductible and does not build equity

>>516081296
Furthermore you're pushing the myth of buffet. That he lives like middle class white trash when he actually owns multiple mansions in multiple states and countries and a yacht and private jets. His daddy was a congressman too, but yea let's pretend he made his money delivering newspapers and investing in stocks when he was 7. Jeff Bezo's grandfather founded DARPA the R&D wing of the U.S. military. Bill Gates started Microsoft with a huge loan from his JUDGE grandfather. Elon Musk's family owns entire mines, as in working mines where negro slaves extract gems and ore. Many such cases. Zuckerkike is another one.

>>516077295 (OP)
>I would habe made far more money had I instead rented?
Do americans write like that? Or is pajeet tier verbal iq

>>516081754
I don't care what you want.

Most of us want you to get cancer anon, we hate you.

>>516081149
saar you must be at least 18 to post on 4ch saar

>>516081769
>That he lives like middle class white trash when he actually owns multiple mansions in multiple states

Literally nobody ever says that ever. His house is almost a million dollars.

>>516081665
>Not going homeless for one.
I paid cash for my house and get a 75% property tax discount for having 4 kids and the tax is unbelievably low to begin with.
>inb4 hurr you shoulda rented or paid a mortgage and put your capital into stonks!!!
You can't imagine how well I sleep in my huge paid off house with my wife and kids not having to worry about American jews and their schemes.

>>516081824
There was nothing wrong with that statement, you're illiterate trash and can't understand good English when you read it.

>>516081923
You don't know how happy i am checking my stocks everyday and seeing the return.

>>516081762
buying a house is not a gamble. that is fucking retarded! If you own a home you can do with it whatever you like. You can rent out a room, you can start a business there, you can grow produce and well it, etc. ALSO the fucking home and land itself has worth. If I rent somewhere for 30 years and get booted I have NOTHING to show for it. I do not own anything. If I pay a mortgage for 30 years I probably own the home by then or used the equity for further enrich myself or make additions to the property. There is a time and place to rent but for life or extended periods of time renting is fucking retarded. How the fuck is my owning a home not worth it but somehow me renting it worth it to the landlord?! get the fuck out of here with that jewish nonsense!

>>516082234
If you buy a house, you will go your whole life with NOTHING, you will own nothing you will have nothing. You will simply pay interest for 30 years.

Meanwhile, because I was smart enough to rent, I will have a massive portfoli of stocks. I will own Berkshire, Amazon, Google, Microsoft, Goldman Sachs, and they will pay me FAT DIVIDENDS.

Buying a house is stupid.

how much real estate DOES warren buffet own, if he does? if owning is not worth it then why the fuck is he not selling it?

If owning a home is not worth it or a risk then why the fuck are there so many fucking landlords?! why the fuck are places like Black Stone buying up homes?! hmmmm, i fucking wonder?! oh wait, no I don't tthey are kikes exploiting morons that take advise from kikes

>>516082468
>how much real estate DOES warren buffet own, if he does? if owning is not worth it then why the fuck is he not selling it?

He answered this in his book, his wife likes it.

>f owning a home is not worth it or a risk then why the fuck are there so many fucking landlords?!

Because they're boomers who don't understand the stock market

>why the fuck are places like Black Stone buying up homes?!

You realize they buy everything right? THey are an asset manager with 10 trillion that they inevst FOR INVESTORS. They don't actually OWN those houses, they're managing investor money and the investors want homes. Blackrock also buys Bitcoin, Eth, etc, it buys everything.

You're stupid

>>516080719
Fucking nigger, I honestly think you are mentally retarded. Go get checked for brain damage nigger

>>516082156
>checking my stocks everyday
What a sad life. Even rich people aren't this jewish.

>>516082352
You can live in it.
You can rent it out.
Your kids can live in it.
Jews can't just push a few buttons on a keyboard and steal it from you.
Real estate is the only thing worth investing in.

>>516083010
Because you're stupid and uneducated.

>>516083083
You're the one who's in some house with FOUR little shits

You have the most depressing life imaginable.

>>516083137
And yet you have a horrible life.

Real estate is the only thing that is completely worthless.

The government can take it away at any time, it's useless.

>>516077295 (OP)
Stocks are a gamble, if you have to live to work then you need to own your house just in case you get laid off you don't lose everything.
If you are already rich renting makes more sense because you usually have to move lot more and you can always just buy a house where ever you go anyways. It's better to invest your money into higher yield but higher risk assets like stocks at that point.

>>516084194
Problem is buying real estate is a massive gamble. It could crash.

>>516084290
Doesn't matter, you can always live in a house no matter what it's market value is, which is the most important point of owning your home.

>>516078399
>two more weeks

people like houses they own because its the closest we have to having ties to the land
its not that deep
no one wants to live in a house where they can redecorate or tend a garden that isnt theirs and cant replant

>>516077650
>let me get a mortgage
Yes
>>i already own this despite not having paid for it yet
You paid for it with a loan from the bank.
You own it, but it can be taken from you to pay debts.
>>the house i live in is somehow an asset
Yes, property is an asset.
That's what assets are.
>>let's not worry about maintainance and property taxes
Thing that would simple come out of rent if you didn't own.

Renting
>you have many rules about what you can do
>cost is higher
>that higher cost never goes away
>you can never sell, because it isn't yours

But you're a somewhat correct about middle class being the most gullible.

>>516083954
>yet you have a horrible life
Enjoy, uh, renting and being childless.

>>516084624
Rent is much cheaper. Paying $6000 a month for a mortgage vs $2000 a month for rent... not a good deal

>>516077295 (OP)
>I prefer to rent so my capital can remain invested in stocks and options. I much prefer stocks and options in Berkshire Hathaway and Amazon than own a single piece of real estate.
Sure you do Schlomo. I honestly hope to see the day when you fucking parasites are ground into mince and fed to pigs.
Don't pay this kikes mortgage for him for 25 years and end up getting kicked out to house a nigger.

>>516084669
Enjoy not even knowing what a bid-ask spread is because you've never bought a stock :)

>>516084708
sure buddy

this is a jewish shill thread designed to create the idea in your head that it is fiscally advantageous to rent instead of purchase a home, it is not, because you're not buffet, and you will never be presented with the market landscape buffet was able to take advantage of

even in hindsight buffet is wrong, because he wouldn't know what to do, that's why he bought

>>516082727
if it didn't make them money they wouldn't invest you dumb kike. They do not invest in homes "because they invest in everything". They fucking know money and they know how to manipulate it and exploit others. How the fuck are you going to tell me with a straight face a company like Black Rock isn't making money on real estate?! You kikes are getting more and more brave with your lies every day. It's no wonder people fucking hate kikes now more than ever.

>>516083954
>The government can take it away at any time, it's useless.
They can do that with anything except gold you buried in the woods or encrypted crypto.

You think your publicly traded stocks can't be seized?

>>516084827
stop giving the jewjeet shill a job to do, sage his threads, hide them, ignore the jewjeets, and repeat
they will starve and die like loser niggerfaggots as they should

>>516084697
that literally doesn't make sense
>>516084827
you're not wrong but a big reason of blackrock buying real estate is also to stabilize markets because if real estate were to dramatically slide then so would everything else, once you're that big its not just about eking out profit anymore but also generating stable conditions that enable you to continue eking out profit, whether there or elsewhere

>>516077295 (OP)
>You should buy (((stocks)))
Thanks, Shlomo Goldburgerstein!

>>516084697
>Paying $6000 a month for a mortgage vs $2000 a month for rent
A terrible hypothetical.
Mortgage payments and rent are nearly the same cost monthly.
Mortgage is usually cheaper even, but it equalizes early on when maintenance and taxes are added.
Only major difference is cash down.

So 30k on a 200k home.
Unless you're getting 15% interest on those stocks, mortgage is more cost effective.

The reasons to rent are
>you don't play in staying around
>it's a dense city and apartments are what's there
>no down payment
If these don't apply, it's a dumb choice.

>>516080529
Living in the middle of a city is loud and dirty. Might aswell live on the outskirts in a nice house.

>>516083936
Nigger hands typed that from shit filled poojeetistan, have fun being an ugly street shitter before you inevitably get killed by a train

>>516077295 (OP)
a 4 bedroom home was 10k in the 1950s. This niggerkike was already rich.

Not to mention this no longer applies, since rent is way more expensive now than it was in 1958. I hate kikes.

>>516084926
According to this, a 30 year mortgage for my Condo with 20% down would be $5k in cash outflow a month.

That's 60k a year vs the $24k i pay now.

>>516085094
Completely wrong, I just posted it here>>516085123

Putting 20% down on an 800k condo with 6.2% interest rate is literally 5k a month in cash outflows.

>>516085117
Back in the 50s, it was more expensive to rent than to buy.

Now, it's way more expensive to buy then to rent.

>>516085096
>Just commute 4 hours a day and get up 2 hours earlier for work every day.

>>516085123
>Renting an 800k home for 2k a month
Your landlord is lying about what it's worth, or you got grandfathered into rent control.

>>516085196
You're just another idiot kike who thinks anyone falls for this stupid shit. Warren Buffet is essentially taunting poor people. This isn't feasible unless you are already rich.

>>516085231
That's literally the current real estate yield, and that's the point of my thread, real estate is TRASH.

>>516085248
You have to be rich to buy in the first place, stupid.

>>516077295 (OP)
260k for a house sounded very little.
This meme is lying its pants off.

>>516085307
>You have to be rich to buy in the first place, stupid.
No shit. So who is Warren Buffet talking to? Not other rich people. You don't need to give financial advice to fucking rich people through a media interview. He's taunting poors.

All this renting stuff is hilarious. Heard Grant Cardone say the same shit too meanwhile his whole portfolio is rental properties.


There is no situation where a landlord is going to rent you a living space and have you wear and tear on it at a loss. Period. They are there to have you pay their mortgage plus profit.

Literally slave propaganda to pump their stock bags and also pay of their house lmao.

Property is the one true asset... THEY CANNOT MAKE MORE OF IT!!! GET LAND ASAP!

>>516086088
>There is no situation where a landlord is going to rent you a living space and have you wear and tear on it at a loss. Period. They are there to have you pay their mortgage plus profit.

Most landlords are cash flow negative right now.

If you own a house, you are a slave. I have even suggested banning home ownership because it's not human rights, it's slavery to own a house.