Is it the fear of owning something valuable? Or just were unable to save a reasonable amount of money in their entire bum life?
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Thread: Why do people rent?
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03-14-2024, 02:18 PM #1
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03-14-2024, 02:38 PM #2
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03-14-2024, 02:48 PM #3
Because the housing bubble is far overdue for a pop.
BRB spend 800K on house tomorrow
BRB month later market crashes.
BRB house now only worth 300K
BRB are paying half a million extra on something that isn't even worth what you're underwater for.
So renting can make sense for the short termMАGА 2024. I rep pаtriots, and neg anti-american phægots. "You have given out too much Reputation in the last 24 hours, try again later." most of the day, but I give when I can.
Z4 is a frauding phægot.
Jayarbie deeply defends pædophiles, like MinisterofChildGrooming.
suave2000 is a confirmed Tunneler.
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03-14-2024, 02:51 PM #4
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03-14-2024, 02:53 PM #5
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03-14-2024, 02:53 PM #6
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03-14-2024, 02:54 PM #7
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03-14-2024, 02:55 PM #8
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03-14-2024, 02:56 PM #9
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03-14-2024, 03:23 PM #10
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03-14-2024, 04:36 PM #11
- Join Date: Aug 2006
- Location: San Diego, California, United States
- Posts: 34,893
- Rep Power: 238066
The houses basically in the same parking lot as my apartment go for 500-600 k plus.
Just regular 3 bedroom 1960's houses. Nothing at all special.
There is zero incentive to buy one of those."To be a warrior is not a simple matter of wishing to be one. It is rather an endless struggle that will go on to the very last moment of our lives. Nobody is born a warrior, in exactly the same way that nobody is born an average man. We make ourselves into one or the other."-- Carlos Castaneda
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03-14-2024, 04:39 PM #12
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03-14-2024, 04:44 PM #13
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03-14-2024, 04:45 PM #14
Because unlike you
We aren't brainwashed into thinking taxes for the rest of your life is owning
You're getting owned by the bank ,the town ,the insurance company ,the water company
I like my freedom and bank full of money
I've done both
I miss my wood stove
That's it
Oh and I pick up my 24 Toyota next week
Paid cash
Pussy tricks you into marriage ,mortgages and kids
Just lol at being a slave to the evil gash
Freedom boys
You're here once
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03-14-2024, 04:50 PM #15
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03-14-2024, 04:59 PM #16
- Join Date: Apr 2012
- Location: Alberta, Canada
- Age: 39
- Posts: 26,188
- Rep Power: 236269
Even in the 2008 financial crisis, median house prices dropped and then were back above their 2007 peak within 6 years
Source: https://fred.stlouisfed.org/series/MSPUS
People trying to play this game with a primary residence are probably gonna end up bleeding out rent money and not actually gain anything on the price/cost front, it'll just be a big fat net loss.
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03-14-2024, 05:03 PM #17
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03-14-2024, 05:09 PM #18
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