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Why I, as a Milennial, will NEVER be buying a House

 
BrokenTech

User ID: 74885369
United States
05/18/2017 07:59 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
...


.
... depends on what you are renting ... what you "get" with your rent ... how much your landlord will "give" you free ...
.
... you ARE PAYING PROPERTY TAX in your rent! ... your landlord is NOT paying that! ... unless you have a really interesting landlord! ...
.
... good for you if you find good rental property ... some of our experiences were not that good! ...
.
 Quoting: wisconsin


WHO gave THEM the RIGHT to RENT it to you??

Since it is STOLEN "goods".

And to RENT/"buy" STOLEN GOODS IS ILLEGAL??

[link to en.wikipedia.org (secure)]
 Quoting: NewEArth 5D 74914079


Its called living in a civilized society dip shit. Without taxes, there would be no police, fire department, roads and other basic civil services.

You sound like some dumbass that abhors taxes but want your fucking living wages, welfare and other handouts.

Its quite simple, if you do not like paying taxes directly, then just rent and pay them indirectly. Makes no fucking difference to me. No body said or implied that the system is perfect, you can bitch about it or make the best of the situation.
 Quoting: BrokenTech


Did you read what I wrote about TRULY ADVANCED CIVILIZED EXTRATERRESTRIAL SOCIETIES, DIPSHIT???

FIRST OF ALL, there is NO POLICE in TRULY CIVILIZED SOCIETIES, DIPSHIT.

Second, DO YOU REALLY THINK EXTRATERRESTRIALS WHO VISIT US IN THEIR FREE-ENERGY LIGHTSHIPS CHARGE ANYTHING TO ANYONE WHICH IS NOT THEIRS TO BEGIN WITH???

"SCHOOL" ME SOME MORE, USEFUL IDIOT!!

No "wonder" they HIDE the extraterrestrials sooooooooooooooo fucking MUCH from LOSERS like you.

You PEASANTS play THEIR games with such gusto!

Thread: Why I, as a Milennial, will NEVER be buying a House (Page 5)

Now, go on an preach your IDIOCITY to DUMB TRASH like YOUR KIND.
 Quoting: NewEarth 5D 74914079


So this is where you derail the thread into aliens?

How the fuck do you know how aliens deal with obtaining property and things they want and need?

Last Edited by BrokenTech on 05/18/2017 08:02 PM
NewEArth 5D
User ID: 74914079
Brazil
05/18/2017 07:59 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
Buying a house has NEVER been easy. You had to go without things ... a LOT of things. Every $ was accounted for for MANY years .. just to get a deposit large enough you could get the loan.

Stop being tossers thinking you can stay at School to 26 ( doing crap degrees )and milk off inheritance.
Rents go up over the years ( decades ) your house payments go down. ONLY way to really be capable of paying your own way through life without group share houses.

Get a second job, that's what most of us did. Work 6 days a week full time and a couple of nights. No one did it as they wanted to, they did it as they had to to get what they wanted ... security without thinking someone else owes it to you from their hard work.
 Quoting: Anonymous Coward 74850084


LOOK AT THE TERRESTRIAN LOSER JUSTIFYING RENTING STOLEN GOODS.

I could even buy a house, but I would never EVER defend it like you LOSERS do.
Anonymous Coward
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05/18/2017 08:01 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
lol

ok then you can pay someone like me rent :)

we'll accumulate wealth while you will struggle to keep your head above water...
 Quoting: ^TrInItY^


^^^^THIS^^^^
OP has no concept of financial reality. He doesn't need it living in his mom's house eating her hot pockets.
Anonymous Coward
User ID: 70409058
United States
05/18/2017 08:02 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
I don't think you understand inflation.

Each year your rent payments will increase...and you own nothing.

If you buy, you are building a savings account in your equity.

If you get a fixed rate mortgage then your payments will not increase.

But during 30 years...the dollar will lose at least 60% of its value.

So at the end of 30 years you can sell your home for 60% more than you bought it.

Then you can downsize or rent during your retirement years with a huge nest egg.

Or you can pay rent for 30 years, that increases each year...and at the end of 30 years have nothing to show for it.

Buying is cheaper than renting.
Buying is owning.
Your payments are basically paying into your own savings account.
 Quoting: Anonymous Coward 74876377


I can move if I ever find my rent amounts to be increasing out of my price range.

Even in a fixed mortgage, you are still paying property taxes that increase each year. You aren't "owning" shit if you pay property taxes.

A mortgage is DEBT.

Renting doesn't require me to be in debt to any entity. I cannot afford the houses in my area on my one salary alone.

The Boomers have inflated housing costs to unreasonable amounts.

So rather than go into debt to mortgage lenders and end up paying $300,000 worth of interest and $150,000 worth of principle on a $230,000 house, I'll continue to rent. I save a ton of money from renting, so it's nice to know that money is sitting in my savings account and not in the hands of mortgage lenders.

I dont give a damn about home ownership. I dont need to own a home. And it isnt all that its cracked up to be.

Renting gives me freedom, flexibility, and it will cost be $1000 less per month than to purchase a house in my area.

The housing market is fickle and will be crashing again.
 Quoting: Anonymous Coward 74561869


What's with you Millennials always pointing the finger of blame at someone?

Lower your standards a little. Get rid of your x box, your cable TV, your phone, your expensive clothes,your fancy gas guzzling car that mommy and daddy bought you...learn to cook instead of eating out. If you pick the right area, you can buy land and a house (with low taxes) for cheap!

Your big ideas about 'renting' are not all they are cracked up to be...but you'll find that out through the school of hard knocks.

Sounds like what you really need is for someone to spank your ass. I'll bet you missed that growing up.

angryface
NewEArth 5D
User ID: 74914079
Brazil
05/18/2017 08:03 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
Did you read what I wrote about TRULY ADVANCED CIVILIZED EXTRATERRESTRIAL SOCIETIES, DIPSHIT???

FIRST OF ALL, there is NO POLICE in TRULY CIVILIZED SOCIETIES, DIPSHIT.

Second, DO YOU REALLY THINK EXTRATERRESTRIALS WHO VISIT US IN THEIR FREE-ENERGY LIGHTSHIPS CHARGE ANYTHING TO ANYONE WHICH IS NOT THEIRS TO BEGIN WITH???

"SCHOOL" ME SOME MORE, USEFUL IDIOT!!

No "wonder" they HIDE the extraterrestrials sooooooooooooooo fucking MUCH from LOSERS like you.

You PEASANTS play THEIR games with such gusto!

Thread: Why I, as a Milennial, will NEVER be buying a House (Page 5)

Now, go on an preach your IDIOCITY to DUMB TRASH like YOUR KIND.
 Quoting: NewEarth 5D 74914079


So this is where you derail the thread into aliens?
 Quoting: BrokenTech


FIRST OF ALL, you called me a DIPSHIT.

That is how "CIVILIZED" you "are", RENTING STOLEN GOODS.

SECOND OF ALL, they are not ALIENS.

THEY ARE HIGHLY ADVANCED CIVILIZATIONS WITH FREE-ENERGY LIGHTSHIPS.

And you want to "school" me in WHAT, AGAIN???

HOW TO RENT STOLEN GOODS???

THIRD OF ALL:

NO ONE HAS ANSWERED MY ORIGINAL QUESTION POSTED IN THE THREAD.

GO AHEAD.

ANSWER IT!!!

OR ARE YOU ANOTHER FILTHY MASON???
BrokenTech

User ID: 74885369
United States
05/18/2017 08:04 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
I don't think you understand inflation.

Each year your rent payments will increase...and you own nothing.

If you buy, you are building a savings account in your equity.

If you get a fixed rate mortgage then your payments will not increase.

But during 30 years...the dollar will lose at least 60% of its value.

So at the end of 30 years you can sell your home for 60% more than you bought it.

Then you can downsize or rent during your retirement years with a huge nest egg.

Or you can pay rent for 30 years, that increases each year...and at the end of 30 years have nothing to show for it.

Buying is cheaper than renting.
Buying is owning.
Your payments are basically paying into your own savings account.
 Quoting: Anonymous Coward 74876377


I can move if I ever find my rent amounts to be increasing out of my price range.

Even in a fixed mortgage, you are still paying property taxes that increase each year. You aren't "owning" shit if you pay property taxes.

A mortgage is DEBT.

Renting doesn't require me to be in debt to any entity. I cannot afford the houses in my area on my one salary alone.

The Boomers have inflated housing costs to unreasonable amounts.

So rather than go into debt to mortgage lenders and end up paying $300,000 worth of interest and $150,000 worth of principle on a $230,000 house, I'll continue to rent. I save a ton of money from renting, so it's nice to know that money is sitting in my savings account and not in the hands of mortgage lenders.

I dont give a damn about home ownership. I dont need to own a home. And it isnt all that its cracked up to be.

Renting gives me freedom, flexibility, and it will cost be $1000 less per month than to purchase a house in my area.

The housing market is fickle and will be crashing again.
 Quoting: Anonymous Coward 74561869


What's with you Millennials always pointing the finger of blame at someone?

Lower your standards a little. Get rid of your x box, your cable TV, your phone, your expensive clothes,your fancy gas guzzling car that mommy and daddy bought you...learn to cook instead of eating out. If you pick the right area, you can buy land and a house (with low taxes) for cheap!

Your big ideas about 'renting' are not all they are cracked up to be...but you'll find that out through the school of hard knocks.

Sounds like what you really need is for someone to spank your ass. I'll bet you missed that growing up.

angryface
 Quoting: Anonymous Coward 70409058


They did, because the PC police said it would hurt their feelings.
NewEarth 5D
User ID: 74914079
Brazil
05/18/2017 08:05 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
lol

ok then you can pay someone like me rent :)

we'll accumulate wealth while you will struggle to keep your head above water...
 Quoting: ^TrInItY^


^^^^THIS^^^^
OP has no concept of financial reality. He doesn't need it living in his mom's house eating her hot pockets.
 Quoting: Anonymous Coward 74732331


Terrestrian masonic SLAVE.

AT LEAST YOU COULD DENOUNCE THEIR ILLEGAL AND IMMORAL SCHEEMES.
BrokenTech

User ID: 74885369
United States
05/18/2017 08:05 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
Did you read what I wrote about TRULY ADVANCED CIVILIZED EXTRATERRESTRIAL SOCIETIES, DIPSHIT???

FIRST OF ALL, there is NO POLICE in TRULY CIVILIZED SOCIETIES, DIPSHIT.

Second, DO YOU REALLY THINK EXTRATERRESTRIALS WHO VISIT US IN THEIR FREE-ENERGY LIGHTSHIPS CHARGE ANYTHING TO ANYONE WHICH IS NOT THEIRS TO BEGIN WITH???

"SCHOOL" ME SOME MORE, USEFUL IDIOT!!

No "wonder" they HIDE the extraterrestrials sooooooooooooooo fucking MUCH from LOSERS like you.

You PEASANTS play THEIR games with such gusto!

Thread: Why I, as a Milennial, will NEVER be buying a House (Page 5)

Now, go on an preach your IDIOCITY to DUMB TRASH like YOUR KIND.
 Quoting: NewEarth 5D 74914079


So this is where you derail the thread into aliens?
 Quoting: BrokenTech




SECOND OF ALL, they are not ALIENS.

THEY ARE HIGHLY ADVANCED CIVILIZATIONS WITH FREE-ENERGY LIGHTSHIPS.


 Quoting: NewEArth 5D 74914079


Semantics.

How the fuck did they get the materials to build those free lightships?
They either bought it by some means, or they conquered people and stole it themselves.

Last Edited by BrokenTech on 05/18/2017 08:07 PM
Anonymous Coward
User ID: 74308797
United States
05/18/2017 08:09 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
You either stand WITH THE TRUTH.

Or you stand WITH THE LIES.
 Quoting: NewEarth 5D 74914079


Soooooo......what exactly are you suggesting?

Live miserably or make the best of a bad situation?
 Quoting: BrokenTech


Making the best of a bad situation only ensures that it will stay bad or get worse.
I'm guilty of it myself.
 Quoting: Anonymous Coward 74308797


As opposed to putting food on the landlords table? As bad as it may be I would much rather pay myself than someone else.
 Quoting: BrokenTech


We should really be willing to force change in our favor, but we won't. We're comfortable and that's that.

I've owned rental property and I will never do it again.
I've owned homes and am looking to buy another one.

I have rented and won't do that again either even though it has it's perks.
I don't like how rent can be raised on a whim when it's still the same old place just like I believe the prices of houses are ridiculous especially for older same old properties that most likely need improvements and new homes that won't last a lifetime.
The prices and rent will stay outrageous for as long as someone is willing to pay that much.
When a majority or generation decides they won't, it'll be game over for sellers and landlords.
I keep hearing that the millenials aren't interested in owning homes or cars so maybe in the next couple of decades we'll see some change.
Lofty Elim

User ID: 73781480
United States
05/18/2017 08:09 PM

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Re: Why I, as a Milennial, will NEVER be buying a House
I have been renting a house for 8 years x $750.00= $72,000.00
Before that rented a house for 5 years x $1000.00= $60,000.00
If I have been buying all along I would have spent $132,000.00 on possibly a $100,000.00 house and have it paid off by now. Then if I wanted I could sale the house for $100,000.00 to put in my pocket. I'd rather do that.
 Psalm33:3                              Sing unto 'Him' a 'New Song'. Play 'SKILLFULLY' with a 'LOUD NOISE'.  
BrokenTech

User ID: 74885369
United States
05/18/2017 08:13 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
...


Soooooo......what exactly are you suggesting?

Live miserably or make the best of a bad situation?
 Quoting: BrokenTech


Making the best of a bad situation only ensures that it will stay bad or get worse.
I'm guilty of it myself.
 Quoting: Anonymous Coward 74308797


As opposed to putting food on the landlords table? As bad as it may be I would much rather pay myself than someone else.
 Quoting: BrokenTech


We should really be willing to force change in our favor, but we won't. We're comfortable and that's that.

I've owned rental property and I will never do it again.
I've owned homes and am looking to buy another one.

I have rented and won't do that again either even though it has it's perks.
I don't like how rent can be raised on a whim when it's still the same old place just like I believe the prices of houses are ridiculous especially for older same old properties that most likely need improvements and new homes that won't last a lifetime.
The prices and rent will stay outrageous for as long as someone is willing to pay that much.
When a majority or generation decides they won't, it'll be game over for sellers and landlords.
I keep hearing that the millenials aren't interested in owning homes or cars so maybe in the next couple of decades we'll see some change.
 Quoting: Anonymous Coward 74308797


After this thread I am going to really consider buying some rental property.
The millennial generation will be ultimately be considered a generation that was lost.
Anonymous Coward
User ID: 74909784
United Kingdom
05/18/2017 08:15 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
It's pretty simple, really.

A mortgage is DEBT.

A mortgage is payment servitude to the banks for 15 or 30 years.

And since the housing market has been inflated, it's nearly impossible to purchase a nice home on just one salary.

By renting, I dont have to pay property taxes.

By renting, I dont have to pay HOA fees.

By renting, I dont owe shit to the banks. Renting doesn't require you to be in debt to mortgage lenders.

Buying a house is not worth it. You will pay off double in interest what you will the principle. Over the course of a 30 year fixed mortgage you could spent $500,000 for a $200,000 house.

So I will be renting, forever, and NEVER buying property. Boomers have fucked the housing market to no end. They are putting these houses that haven't been renovated in 40 years on the market for half a million dollars.

Im not playing this game.

Fuck the whole "you want to buy a house so you can own something " bullshit. I could care less about home ownership when renting is cheaper and doesnt require me to take out a mortgage loan to be enslaved to the bank.
 Quoting: Anonymous Coward 74561869


Fucking idiot.

Once other people have paid of their house it is pure profit. Each year that profit gets bigger and bigger. Meanwhile you stupid arse is still paying rent until the day you die.
Lily o' the Valley
Lily so sweet and fair

User ID: 74904788
United States
05/18/2017 08:16 PM

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Re: Why I, as a Milennial, will NEVER be buying a House
It's pretty simple, really.

A mortgage is DEBT.

A mortgage is payment servitude to the banks for 15 or 30 years.

And since the housing market has been inflated, it's nearly impossible to purchase a nice home on just one salary.

By renting, I dont have to pay property taxes.

By renting, I dont have to pay HOA fees.

By renting, I dont owe shit to the banks. Renting doesn't require you to be in debt to mortgage lenders.

Buying a house is not worth it. You will pay off double in interest what you will the principle. Over the course of a 30 year fixed mortgage you could spent $500,000 for a $200,000 house.

So I will be renting, forever, and NEVER buying property. Boomers have fucked the housing market to no end. They are putting these houses that haven't been renovated in 40 years on the market for half a million dollars.

Im not playing this game.

Fuck the whole "you want to buy a house so you can own something " bullshit. I could care less about home ownership when renting is cheaper and doesnt require me to take out a mortgage loan to be enslaved to the bank.
 Quoting: Anonymous Coward 74561869


A lot of young people are moving to tiny houses because of the cost of housing. They save up enough to pay for the tiny house and land and end up owning without the mortgage.

Housing costs are nuts. Well over 1/2 million for the median cost of a house in Seattle.

But I remember when there was a big billboard that said "Will the last person out of Seattle turn out the lights?"

The economy tanked and people were finally just packing up and walking away from their homes. This happened more than once. I am assuming Seattle was not the only place this happened.

You can't blame the boomer homeowner, they were not the ones to drive up the prices.
Be honest and kindhearted, patient and uncomplaining, thus will you be more unmoved by the drama of events.
*** Good deeds bring rewards, bad actions bring troubles. That is a law of the universe. ***
Anonymous Coward
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United States
05/18/2017 08:18 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
...


Making the best of a bad situation only ensures that it will stay bad or get worse.
I'm guilty of it myself.
 Quoting: Anonymous Coward 74308797


As opposed to putting food on the landlords table? As bad as it may be I would much rather pay myself than someone else.
 Quoting: BrokenTech


We should really be willing to force change in our favor, but we won't. We're comfortable and that's that.

I've owned rental property and I will never do it again.
I've owned homes and am looking to buy another one.

I have rented and won't do that again either even though it has it's perks.
I don't like how rent can be raised on a whim when it's still the same old place just like I believe the prices of houses are ridiculous especially for older same old properties that most likely need improvements and new homes that won't last a lifetime.
The prices and rent will stay outrageous for as long as someone is willing to pay that much.
When a majority or generation decides they won't, it'll be game over for sellers and landlords.
I keep hearing that the millenials aren't interested in owning homes or cars so maybe in the next couple of decades we'll see some change.
 Quoting: Anonymous Coward 74308797


After this thread I am going to really consider buying some rental property.
The millennial generation will be ultimately be considered a generation that was lost.
 Quoting: BrokenTech


It would probably pay off. I just can't do it again. So many headaches involved with collecting rent, repairs, evictions, etc., but maybe you're cut out for it. I wasn't. hf
Lily o' the Valley
Lily so sweet and fair

User ID: 74904788
United States
05/18/2017 08:21 PM

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Re: Why I, as a Milennial, will NEVER be buying a House
By renting, I dont have to pay property taxes.
 Quoting: Anonymous Coward 74561869


lolzz
 Quoting: R. Wordsworth


The taxes on the property are included in your rent. You are just paying them second hand.
Be honest and kindhearted, patient and uncomplaining, thus will you be more unmoved by the drama of events.
*** Good deeds bring rewards, bad actions bring troubles. That is a law of the universe. ***
Anonymous Coward
User ID: 72062402
United States
05/18/2017 08:21 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
It's pretty simple, really.

A mortgage is DEBT.

A mortgage is payment servitude to the banks for 15 or 30 years.

And since the housing market has been inflated, it's nearly impossible to purchase a nice home on just one salary.

By renting, I dont have to pay property taxes.

By renting, I dont have to pay HOA fees.

By renting, I dont owe shit to the banks. Renting doesn't require you to be in debt to mortgage lenders.

Buying a house is not worth it. You will pay off double in interest what you will the principle. Over the course of a 30 year fixed mortgage you could spent $500,000 for a $200,000 house.

So I will be renting, forever, and NEVER buying property. Boomers have fucked the housing market to no end. They are putting these houses that haven't been renovated in 40 years on the market for half a million dollars.

Im not playing this game.

Fuck the whole "you want to buy a house so you can own something " bullshit. I could care less about home ownership when renting is cheaper and doesnt require me to take out a mortgage loan to be enslaved to the bank.
 Quoting: Anonymous Coward 74561869


Have fun working until the day you die.

I will be retired, with my house paid off, living off my pension and social security.
Anonymous Coward
User ID: 74732331
United States
05/18/2017 08:27 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
lol

ok then you can pay someone like me rent :)

we'll accumulate wealth while you will struggle to keep your head above water...
 Quoting: ^TrInItY^


^^^^THIS^^^^
OP has no concept of financial reality. He doesn't need it living in his mom's house eating her hot pockets.
 Quoting: Anonymous Coward 74732331


Terrestrian masonic SLAVE.

AT LEAST YOU COULD DENOUNCE THEIR ILLEGAL AND IMMORAL SCHEEMES.
 Quoting: NewEarth 5D 74914079

crazyjak
You will always fail. It's in your head.
Anonymous Coward
User ID: 34398756
United States
05/18/2017 08:31 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
lol

ok then you can pay someone like me rent :)

we'll accumulate wealth while you will struggle to keep your head above water...
 Quoting: ^TrInItY^


If I become a paying member, do I get a direct line to Trinity lol?

I need some of your knowledge because I don't want to do this the hard way.

For example, would it be better to buy a $50K house (still possible in my location) outright cash? Or better to buy a $100K house w/loan that already has some updates and perhaps better design/layout?

What I'm getting at is this; would me (willing to do weird shit and take some chances to get ahead, plus no prob doing sweat equity) actually put myself at an advantage by already owning my house at 25?

I don't really care about owning the biggest-dick house on the street, as far as I'm concerned that house comes later in life if you want it, or badass cabin with property. Should I start out with a cheapie, fix the thing up as cheap as possible, then flip/rent and upgrade?

Wish Brief would chime in on how to make some solid and consistent financial flow from buying 4-plexes, flipping for 6-plex, then beyond.

Trinity, how the fuck do I make some money in this simulation? You were a genius for having the foresight to buy this website when you did for example. Where did you find the insight to take those risks? Now you a website worth 2.5mil+ ffs...
ILYS-dude
BrokenTech

User ID: 74885369
United States
05/18/2017 08:33 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
...


As opposed to putting food on the landlords table? As bad as it may be I would much rather pay myself than someone else.
 Quoting: BrokenTech


We should really be willing to force change in our favor, but we won't. We're comfortable and that's that.

I've owned rental property and I will never do it again.
I've owned homes and am looking to buy another one.

I have rented and won't do that again either even though it has it's perks.
I don't like how rent can be raised on a whim when it's still the same old place just like I believe the prices of houses are ridiculous especially for older same old properties that most likely need improvements and new homes that won't last a lifetime.
The prices and rent will stay outrageous for as long as someone is willing to pay that much.
When a majority or generation decides they won't, it'll be game over for sellers and landlords.
I keep hearing that the millenials aren't interested in owning homes or cars so maybe in the next couple of decades we'll see some change.
 Quoting: Anonymous Coward 74308797


After this thread I am going to really consider buying some rental property.
The millennial generation will be ultimately be considered a generation that was lost.
 Quoting: BrokenTech


It would probably pay off. I just can't do it again. So many headaches involved with collecting rent, repairs, evictions, etc., but maybe you're cut out for it. I wasn't. hf
 Quoting: Anonymous Coward 74308797


I grew up in the residential construction market. I have been on many construction sites from ground breaking to closing. I am pretty handy doing home repairs.

However, my dad also refuses to do rental property. Been there done that and did not like it. So he sticks with building new ones and flipping used ones when he finds good deals.
Anonymous Coward
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United States
05/18/2017 08:34 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
lol

ok then you can pay someone like me rent :)

we'll accumulate wealth while you will struggle to keep your head above water...
 Quoting: ^TrInItY^


If I become a paying member, do I get a direct line to Trinity lol?

I need some of your knowledge because I don't want to do this the hard way.

For example, would it be better to buy a $50K house (still possible in my location) outright cash? Or better to buy a $100K house w/loan that already has some updates and perhaps better design/layout?

What I'm getting at is this; would me (willing to do weird shit and take some chances to get ahead, plus no prob doing sweat equity) actually put myself at an advantage by already owning my house at 25?

I don't really care about owning the biggest-dick house on the street, as far as I'm concerned that house comes later in life if you want it, or badass cabin with property. Should I start out with a cheapie, fix the thing up as cheap as possible, then flip/rent and upgrade?

Wish Brief would chime in on how to make some solid and consistent financial flow from buying 4-plexes, flipping for 6-plex, then beyond.

Trinity, how the fuck do I make some money in this simulation? You were a genius for having the foresight to buy this website when you did for example. Where did you find the insight to take those risks? Now you own a website worth 2.5mil+ ffs...
ILYS-dude
 Quoting: Anonymous Coward 34398756


*own.
Anonymous Coward
User ID: 74839109
United States
05/18/2017 08:34 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
These threads sure bring out the worst in people.
ac
User ID: 71920217
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05/18/2017 08:35 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
You gave all the reasons why you don't want to buy a house and then you blame the boomers.
why would you blame a whole group of people for something you say you don't want?
Do you see why millenniasl are mocked by society?
If you want a house work, if you don't then don't. It is your decision.
Anonymous Coward
User ID: 70079334
United States
05/18/2017 08:37 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
the reason rents are high is because there is a shortage of rental properties. this shortage exists because folks who invest in real estate would rather flip a home outright for a quick profit than have to deal with whiny, entitled millennials who think they should call the landlord every time a light bulb needs to be changed.
Anonymous Coward
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05/18/2017 08:58 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
the reason rents are high is because there is a shortage of rental properties. this shortage exists because folks who invest in real estate would rather flip a home outright for a quick profit than have to deal with whiny, entitled millennials who think they should call the landlord every time a light bulb needs to be changed.
 Quoting: Anonymous Coward 70079334


hesright
Anonymous Coward
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05/18/2017 09:17 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
It's pretty simple, really.

A mortgage is DEBT.

A mortgage is payment servitude to the banks for 15 or 30 years.

And since the housing market has been inflated, it's nearly impossible to purchase a nice home on just one salary.

By renting, I dont have to pay property taxes.

By renting, I dont have to pay HOA fees.

By renting, I dont owe shit to the banks. Renting doesn't require you to be in debt to mortgage lenders.

Buying a house is not worth it. You will pay off double in interest what you will the principle. Over the course of a 30 year fixed mortgage you could spent $500,000 for a $200,000 house.

So I will be renting, forever, and NEVER buying property. Boomers have fucked the housing market to no end. They are putting these houses that haven't been renovated in 40 years on the market for half a million dollars.

Im not playing this game.

Fuck the whole "you want to buy a house so you can own something " bullshit. I could care less about home ownership when renting is cheaper and doesnt require me to take out a mortgage loan to be enslaved to the bank.
 Quoting: Anonymous Coward 74561869


Housing is another bubble. Sorry, young grasshopper you were priced out of the market when the government got involved. Ignore the idiots above, when stagflation hits, housing will crash again, buy then.
 Quoting: Anonymous Coward 71632887


True
NewEArth 5D
User ID: 74914079
Brazil
05/18/2017 09:19 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
Did you read what I wrote about TRULY ADVANCED CIVILIZED EXTRATERRESTRIAL SOCIETIES, DIPSHIT???

FIRST OF ALL, there is NO POLICE in TRULY CIVILIZED SOCIETIES, DIPSHIT.

Second, DO YOU REALLY THINK EXTRATERRESTRIALS WHO VISIT US IN THEIR FREE-ENERGY LIGHTSHIPS CHARGE ANYTHING TO ANYONE WHICH IS NOT THEIRS TO BEGIN WITH???

"SCHOOL" ME SOME MORE, USEFUL IDIOT!!

No "wonder" they HIDE the extraterrestrials sooooooooooooooo fucking MUCH from LOSERS like you.

You PEASANTS play THEIR games with such gusto!

Thread: Why I, as a Milennial, will NEVER be buying a House (Page 5)

Now, go on an preach your IDIOCITY to DUMB TRASH like YOUR KIND.
 Quoting: NewEarth 5D 74914079


So this is where you derail the thread into aliens?
 Quoting: BrokenTech




SECOND OF ALL, they are not ALIENS.

THEY ARE HIGHLY ADVANCED CIVILIZATIONS WITH FREE-ENERGY LIGHTSHIPS.


 Quoting: NewEArth 5D 74914079


Semantics.

How the fuck did they get the materials to build those free lightships?
They either bought it by some means, or they conquered people and stole it themselves.
 Quoting: BrokenTech


MANIFESTATON THROUGH THOUGHT!

www.the5draver.info

Secondly, there are TONS of EMPTY planets out there.

THAT IS NOT STEALING.
NewEarth 5D
User ID: 74914079
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05/18/2017 09:21 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
lol

ok then you can pay someone like me rent :)

we'll accumulate wealth while you will struggle to keep your head above water...
 Quoting: ^TrInItY^


^^^^THIS^^^^
OP has no concept of financial reality. He doesn't need it living in his mom's house eating her hot pockets.
 Quoting: Anonymous Coward 74732331


Terrestrian masonic SLAVE.

AT LEAST YOU COULD DENOUNCE THEIR ILLEGAL AND IMMORAL SCHEEMES.
 Quoting: NewEarth 5D 74914079

crazyjak
You will always fail. It's in your head.
 Quoting: Anonymous Coward 74732331


WHY am I failing??

ARE YOU GUYS GONNA ANSWER THE QUESTION OR NOT???

OR ARE YOU TOO BUSY SLAVING AWAY FOR FAKE "MONEY" TO RENT STOLEN "GOODS"??
NewEarth 5D
User ID: 74914079
Brazil
05/18/2017 09:23 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
You gave all the reasons why you don't want to buy a house and then you blame the boomers.
why would you blame a whole group of people for something you say you don't want?
Do you see why millenniasl are mocked by society?
If you want a house work, if you don't then don't. It is your decision.
 Quoting: ac 71920217


We have an "Einstein" in the house!!!

(Or should I say Tesla?? Since Einstein STOLE most of other people's ideas??)
BrokenTech

User ID: 74885369
United States
05/18/2017 09:27 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
...


^^^^THIS^^^^
OP has no concept of financial reality. He doesn't need it living in his mom's house eating her hot pockets.
 Quoting: Anonymous Coward 74732331


Terrestrian masonic SLAVE.

AT LEAST YOU COULD DENOUNCE THEIR ILLEGAL AND IMMORAL SCHEEMES.
 Quoting: NewEarth 5D 74914079

crazyjak
You will always fail. It's in your head.
 Quoting: Anonymous Coward 74732331


WHY am I failing??

ARE YOU GUYS GONNA ANSWER THE QUESTION OR NOT???

OR ARE YOU TOO BUSY SLAVING AWAY FOR FAKE "MONEY" TO RENT STOLEN "GOODS"??
 Quoting: NewEarth 5D 74914079


We did answer your question but you are too fucking stupid to comprehend or you are not hearing what you want to hear.
Anonymous Coward
User ID: 74503010
United States
05/18/2017 09:30 PM
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Re: Why I, as a Milennial, will NEVER be buying a House
lol

ok then you can pay someone like me rent :)

we'll accumulate wealth while you will struggle to keep your head above water...
 Quoting: ^TrInItY^


100% correct!


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