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why is everyone obsessed with HOME OWNERSHIP?
Poast new message in this thread
Date: April 19th, 2018 11:52 PM Author: gaped theatre i'm renting and doing just fine financially (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35878834) |
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Date: April 20th, 2018 4:16 PM Author: electric carnelian gas station affirmative action http://autoadmit.com/thread.php?thread_id=3955040&mc=1&forum_id=2 (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35883422) |
Date: April 19th, 2018 11:57 PM Author: Offensive azn haunted graveyard Owning a real house is one of the few joys of modern life. Not some shoebox in a high rise, but a real house with a yard. (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35878854) |
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Date: April 20th, 2018 12:11 AM Author: Aphrodisiac beta locale wagecucks (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35878928) |
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Date: April 20th, 2018 12:25 AM Author: Vibrant theater stage (house nigger for Boomerism) (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879002) |
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Date: April 20th, 2018 12:27 AM Author: Offensive azn haunted graveyard Bought in 2013 during the end of the crash. Feeling very good about this decision. Also, 23k tax deduction didn't hurt my feelings. (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879010) |
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Date: April 20th, 2018 12:28 AM Author: Vibrant theater stage so u got lucky. congrats. doesn't mean buying a house NOW is a good idea (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879012) |
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Date: April 20th, 2018 12:32 AM Author: Offensive azn haunted graveyard If I had talked about buying my house on xoxo in 2013, you probably would have said that it was a bad idea.
There's still deals to be had as long as you don't live in California. |
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Date: April 20th, 2018 12:59 AM Author: indigo outnumbered yarmulke Still doesn't mean it's a good idea now (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879219) |
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Date: April 20th, 2018 1:02 AM Author: vivacious bawdyhouse generalized bond no matter when you ask a question and no matter what the question is, xo will give you a negative, risk-averse, pussy-ass response. (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879245) |
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Date: April 20th, 2018 3:51 AM Author: buck-toothed jap (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879963) |
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Date: April 20th, 2018 1:04 AM Author: thriller wine lay immigrant i bought a house in fucking law school because it was cheap as shit and i could use the obama first time homebuyer credit. sold for profit. bought townhouse in major metro. flipped in five years for almost 20% profit. bought single family house in good neighborhood. up 5% already. (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879264) |
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Date: April 20th, 2018 1:06 AM Author: vivacious bawdyhouse generalized bond so how was living in Washington DC? (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879280) |
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Date: April 20th, 2018 1:09 AM Author: thriller wine lay immigrant african (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879307) |
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Date: April 20th, 2018 1:07 AM Author: olive twinkling uncleanness tax deductions for mortgages are such bullshit kudos |
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Date: April 20th, 2018 1:52 AM Author: Twisted puppy (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879548) |
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Date: April 20th, 2018 11:06 AM Author: talented location the new tax bill severely decimated the tax deductions though (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35881211) |
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Date: April 21st, 2018 9:57 AM Author: Offensive azn haunted graveyard We're under the threshold and my property taxes are <2k (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35887583) |
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Date: April 20th, 2018 8:35 AM Author: Galvanic jew (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35880370) |
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Date: April 19th, 2018 11:57 PM Author: Amethyst Public Bath You get a lot of leverage for a large investment at relatively low interest rates. Basically only way most people can build any type of "wealth". It's probably hard for rootless cosmopolitans to understand but some people like having a nice home that's theirs. It's like a decades long hobby. (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35878855) |
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Date: April 20th, 2018 1:11 AM Author: olive twinkling uncleanness astute way to put it (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879323) |
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Date: April 20th, 2018 8:36 AM Author: Galvanic jew (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35880373) |
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Date: April 20th, 2018 10:53 AM Author: emerald heady casino sandwich (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35881111) |
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Date: April 20th, 2018 12:06 AM Author: Lascivious henna set background story It radically cuts your housing costs in old age
You really really don't want to be an old having to pay rent |
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Date: April 20th, 2018 12:09 AM Author: startling hunting ground faggot firefighter yeah my grandma remarried after her first husband died. 2nd husband had the great idea to sell their home in like 1973 and rent an expensive apartment. he croaked, and she lived until 97 in that apartment. the rent soared to like $2,700/mo. it was a financial nightmare. (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35878919) |
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Date: April 20th, 2018 1:00 AM Author: thriller wine lay immigrant you should make a podcast called "my stepgrandpa was a fucktard" (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879227) |
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Date: April 20th, 2018 8:33 AM Author: Self-centered sick menage (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35880366) |
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Date: April 22nd, 2018 7:14 AM Author: Bearded Institution (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35892964) |
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Date: April 20th, 2018 1:01 AM Author: indigo outnumbered yarmulke It's just a forced savings plan. You can definitely rent for cheaper than buying. Arguably the difference in $ you could stick in another investment and have the same outcome. (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879240) |
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Date: April 20th, 2018 1:03 AM Author: vivacious bawdyhouse generalized bond this is untrue 99% of the time.
stick to threads about dates with big-titted women please. |
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Date: April 20th, 2018 1:08 AM Author: indigo outnumbered yarmulke Wrong. (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879304) |
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Date: April 20th, 2018 2:03 AM Author: insecure feces You can rent for cheaper than buying today. After tens years of inflation doing its thing that dynamic looks very different because your mortgage payment ain't ever going up but your rent sure will. (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879595) |
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Date: April 22nd, 2018 7:15 AM Author: Bearded Institution taxes could go up though (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35892966) |
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Date: April 22nd, 2018 8:52 AM Author: insecure feces In all but a few crazy suburbs where you shouldn't be living anyway property taxes are a joke that should come in at under $500 a month. (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35893087) |
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Date: April 20th, 2018 1:04 AM Author: vivacious bawdyhouse generalized bond Even middle age.
Say you get a 30 year mortgage and pay for 10 years. You could refinance when rates go down on the smaller amount.
Or, you could make extra principal payments to save on interest, then after 10 years re-amoritize for a small fee and reduce payments while maintaining the same 30 year timeline. |
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Date: April 20th, 2018 12:08 AM Author: thriller wine lay immigrant you can make a jew or an african rich or you can be a grownup man and be a part of society, your choice (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35878913) |
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Date: April 20th, 2018 12:24 AM Author: Embarrassed To The Bone Fragrant Marketing Idea african? (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35878990) |
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Date: April 20th, 2018 12:25 AM Author: thriller wine lay immigrant lot of west african landlords in DC at least (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35878995) |
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Date: April 20th, 2018 12:26 AM Author: Vibrant theater stage ...but they work for jews, right? (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879004) |
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Date: April 20th, 2018 1:00 AM Author: thriller wine lay immigrant spoiler alert: we all do friendo (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879230) |
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Date: April 20th, 2018 12:11 AM Author: Pink sickened field round eye you have a yard that's your land, you and your neighbors can't see or hear each other, can play loud music, let your dog run around and shit under a tree you planted, read xo as you watch your sprinklers water your lawn, pull into a driveway and don't have to worry about niggers (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35878931) |
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Date: April 20th, 2018 12:27 AM Author: Vibrant theater stage that last part is the only thing i really care about (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879007) |
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Date: April 20th, 2018 4:02 AM Author: buck-toothed jap (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879970) |
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Date: April 20th, 2018 12:28 AM Author: mischievous sooty tanning salon prole Its overrated but necessary if you want a house. Otherwise you have to furnish a rented house which is too expensive if you're a transitory renter (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879011) |
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Date: April 20th, 2018 12:35 AM Author: Rusted Glittery Private Investor Skinny Woman I'm paying all cash and going to cut my monthly expenses by 40-60% (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879049) |
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Date: April 20th, 2018 12:58 AM Author: lime supple crotch native my first house has appreciated like 60% in five or six years
renting fucking sucks, always gotta pussy foot around some other loser's rules, good sir! good sir! will you allow me to get a puppydood? no? what if I guzzle your cum like a good boy? then can I get a puppydood for my apartment?
own a home, buy a dog, don't have to eat anyone's ass to do it |
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Date: April 20th, 2018 1:00 AM Author: swashbuckling stead sound barrier Lost it at the good sir lines (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879229) |
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Date: April 20th, 2018 1:05 AM Author: vivacious bawdyhouse generalized bond was all that foul language really necessary to get your point across? (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879276) |
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Date: April 20th, 2018 1:44 AM Author: lime supple crotch native fuckin a (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879507) |
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Date: April 20th, 2018 9:20 AM Author: domesticated base (Guy with lucky timing) (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35880522) |
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Date: April 21st, 2018 10:05 AM Author: domesticated base Not hard to time housing (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35887620) |
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Date: April 20th, 2018 10:46 AM Author: self-absorbed frozen stage literally LOL (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35881063) |
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Date: April 22nd, 2018 8:25 AM Author: lavender adventurous area black woman (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35893042) |
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Date: April 20th, 2018 1:13 AM Author: Pale international law enforcement agency ratface I write off the interest. Will pay the same payment 30 years from now than I did in 2014.
Good luck with your rent payments at market in 30 years.
Taxes, write-offs. I write off internet and "home office" as expenses.
I get my own color scheme.
I'm beating market on the value of my home, rent considerations included.
My home is worth $130K more than I paid for it on day 1 in 4 years and I've put about $6K in upkeep.
Beat that. |
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Date: April 20th, 2018 1:17 AM Author: magenta bonkers new version Will you still be able to deduct all of that under the new Tax Plan? (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879348) |
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Date: April 20th, 2018 1:47 AM Author: Pale international law enforcement agency ratface Don't know. Will shift as appropriate. (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35879525) |
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Date: April 20th, 2018 8:35 AM Author: Rusted Glittery Private Investor Skinny Woman rents will have (in real terms) decreased in 30 years outside of ny/west coast (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35880372) |
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Date: April 20th, 2018 8:56 AM Author: Cerebral mauve crackhouse jewess (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35880436) |
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Date: April 20th, 2018 8:47 AM Author: Amethyst Public Bath This reminds me: I lol when people say they buy a house for the "tax write off".
All the tax deduction effectively is is a lower interest rate. It's no reason to buy but it's just a benefit that makes borrowing the money less costly. |
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Date: April 20th, 2018 11:39 AM Author: sienna meetinghouse messiness After the tax write off, my rate is effectively the rate of inflation. A free 30 year loan is pretty sweet. (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35881448) |
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Date: April 22nd, 2018 1:09 AM Author: sable rehab queen of the night That seems optimistic given that you don't get to count the amount of interest equal to the standard deduction. (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35892229) |
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Date: April 20th, 2018 9:02 AM Author: Awkward orchestra pit Boomer brainwashing, of course.
It symbolizes “status” to them.
Who cares if times are radically different?
My Mom can brag to her diabetes-laden friends that she birthed a son who was able to acquire a mortgage that will ensure he has no freedom to move! |
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Date: April 20th, 2018 9:14 AM Author: adulterous autistic state How else am I going to have a golf simulator? (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35880494) |
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Date: April 20th, 2018 9:17 AM Author: laughsome hyperactive home nibblets Living in an apartment is shit. (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35880505) |
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Date: April 20th, 2018 9:19 AM Author: Marvelous chartreuse heaven (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35880517) |
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Date: April 20th, 2018 9:19 AM Author: unholy orchid doctorate http://www.xoxohth.com/thread.php?thread_id=3949886&mc=73&forum_id=2 (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35880520) |
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Date: April 20th, 2018 11:00 AM Author: emerald heady casino sandwich It's often very difficult to find a rental home comparable to the house you would want to buy. even if you can, the rent usually will be way more than a comparable mortgage. (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35881164) |
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Date: April 20th, 2018 4:15 PM Author: Appetizing vengeful garrison boistinker I've owned a few houses and rented a ton of apartments. Renting apartments, absent rent control/stabilization, means you have to be prepared to get your rent jacked every single year and either eat the cost or go through the incredible hassle of moving. Renting something legit nice is always a waste of money. If you buy it can be nice and it is just "an investment". Once you start looking at kids and shit, the concept of renting and needing to worry about moving every year becomes ridiculous. (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35883414) |
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Date: April 20th, 2018 8:36 PM Author: Naked motley theater there are pros and cons to both.
One of the pros is building equity and having your housing costs locked in. Also, you have more control. you can paint the walls however you want, install whatever, etc.
Renting has its 180 moments too. I didn't even pay for a fucking light bulb at my last apartment. |
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Date: April 21st, 2018 10:14 AM Author: claret razzle-dazzle box office degenerate I just had my basement flood and it's going to cost me like $15k just to fix the root cause and remediate any possible mold.
STILL better than being an apartment cuck in a little glass cuckbox in the sky. I woke up and got to watch baby squirrels and rabbits playing in the yard, pet my puppyd00d, and walk down the driveway in my bathrobe to get the paper. |
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Date: April 22nd, 2018 12:55 AM Author: Appetizing vengeful garrison boistinker Who gets a newspaper anymore? (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35892159) |
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Date: April 22nd, 2018 6:10 AM Author: buck-toothed jap Kill yourself nigger (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35892896) |
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Date: April 22nd, 2018 6:14 AM Author: claret razzle-dazzle box office degenerate Woah not cool dude (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35892899) |
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Date: April 22nd, 2018 7:36 AM Author: Marvelous chartreuse heaven Your basement will smell damp forever, until you leave the house. It’s basically impossible to get rid of that. (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35892991) |
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Date: April 22nd, 2018 8:43 AM Author: claret razzle-dazzle box office degenerate Nah it's fine when I run a dehumidifier in the summer, plus it's just my woodshop, home gym, and laundry. Nothing I need to be particularly nice (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35893070) |
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Date: April 22nd, 2018 7:38 AM Author: Bearded Institution This does not sound good at all. None of what you wrote is appealing. (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35892993) |
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Date: April 22nd, 2018 1:00 AM Author: sable rehab queen of the night Renting makes you a bitch. That's the biggest problem. (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35892192) |
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Date: April 22nd, 2018 8:10 AM Author: lavender adventurous area black woman Stability is really important for kids. Having to potentially move each year at the whim of your landlord is shitty for kids. It's also pretty beta if their dad isn't allowed to renovate or upgrade anything in the house without permission and if some landlord can just pop in to their house to check on it any time.
Also, like someone said, it's a hobby and provides an intangible joy. I feel a sense of pride when I finish a project or improve something. I feel a sense of pride knowing I own this little piece of land (yes, I know libertarians will flap their arms and scream about taxes).
The fact that it's a forced savings is nice, too. My total mortgage + taxes + insurance is a little cheaper than what it would cost me to rent a similar house but every month a big chunk goes into equity and most of the rest is tax deductible. If I were renting it would all just be wasted.
The fact that my property value has improved by like 25% is icing on the cake. |
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Date: April 22nd, 2018 8:57 AM Author: floppy filthpig brunch It only makes sense if you have career stability, which to my knowledge barely exists anymore. Unless the idea of spending your free time worrying about renovations and upkeep and selling so you can relocate to your new GC plantation sounds appealing to you, it isn’t advisable. (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35893091) |
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Date: April 22nd, 2018 5:51 PM Author: Vibrant theater stage cr (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35895544) |
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Date: April 23rd, 2018 3:41 AM Author: sable rehab queen of the night Lack of career stability means you're double fucked. Congratulations! (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35898598) |
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Date: April 23rd, 2018 3:44 AM Author: buck-toothed jap (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35898601) |
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Date: April 23rd, 2018 10:19 AM Author: Appetizing vengeful garrison boistinker Yes, better to not own anything but to rent an expensive glammed up shoebox in a building with human trash (because the city made the developers let them in and give them 20% of the units) while paying as much as the guy who owns pays. (http://www.autoadmit.com/thread.php?thread_id=3954394&forum_id=2#35899365) |