In the long run renters vs homeowners is the great divide in this country
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Date: October 4th, 2025 12:37 PM Author: internet phenotype
This is a really bizarre fantasy shared by people with no significant assets other than their home and Poor Redditors
Renting is actually more cost effective than owning right now unless you were already locked in to an ultra low rate mortgage. If you rent you just put your money in assets that appreciate faster than home values (which you can't even realize until you sell, and then you have to buy another home anyway)
The real reason to own a home is if you have a family and you need a space to raise a family in. Not as a financial asset
(http://www.autoadmit.com/thread.php?thread_id=5782864&forum_id=2/#49324606) |
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Date: October 4th, 2025 12:51 PM Author: Israel's Next Top Shabbos Goy
Most people don't have a family because financially they can't afford it.
Most people who own a home are way ahead financially of the people who don't.
Most people who rent don't have enough income to set aside to accumulate stocks of any kind.
Most people can't afford a family, a home, or to invest substantially in assets. Most people are fucked and have No Future. People who own homes at least have a home, and possibly a family. They might have up to two things most people don't have.
(http://www.autoadmit.com/thread.php?thread_id=5782864&forum_id=2/#49324637) |
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