Liquidity tends to be low
Is paying mortgage better than paying rent in every situation?
Oliver Carter
Landon Martinez
You can do a Google search for a map where this applies. Basically for any onions coastal city where salaries are huge, it makes more sense to rent.
I'm doing what most smart-but-no-wealth people are doing.
>work for 8-10 years in a high paying city job (make 120k with 1400 rent right now)
>move to flyover with 400-600k
>buy a house and some rental property
>work remote or easy local job
>made it
John Martin
You're having a stroke.
Eli Hill
This is my plan, minus having a good job because I'm FINANCIALLY FUCKING RUINED
Ayden Sanchez
ch-checked
Kayden Gutierrez
When you take out a mortgage you are still paying rent. You are just paying rent on the money you borrowed, instead of rent on a property.
Regardless it's all about what your needs are anyway. If you can afford to sit on a property for a long time while waiting for it to sell, then it's the better way to go.
Brandon Morris
>7%
haha, kiked
Ryan Ross
No. If you have no children, it's not worth the costs to live anywhere with more than 1 bedroom. A $700 bd apartment is equivalent to a $120k home cost-wise and perfect for a single person or couple.
Also, the home you live in is not an investment. You will be lucky if your home's appreciation pays for your tax and maintenance, but you will not be able to overcome the opportunity costs of having so much wealth tied up in the home's equity when it could be making more money in the stock market.
Nolan Sanders
Imagine all the gay buttsex you faggots had with each other. Was it worth it? The AIDS you have?
Accept Jesus in your life before you hurt anyone else
Jayden Robinson
>this incredible projection
Nigga can't even fathom what healthy male friendships are like