Is renting neccessarily inferior to home ownership? (user search)
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  Is renting neccessarily inferior to home ownership? (search mode)
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Author Topic: Is renting neccessarily inferior to home ownership?  (Read 3401 times)
Hollywood
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Posts: 1,732
« on: April 21, 2024, 08:22:44 PM »

It depends when you buy the home, what you want in life, and whether you can earn enough to afford to live like a King.  I mean there's nothing like the personal freedom to renovate your home or backyard as opposed to having limited space and leasing rules.  I've got two miniature golf holes b###ches.  The second one was merely to build a windmill.  My brother and his kids spend hours playing.  I got a jacuzzi, cornhole, soccer nets, and a basketball hoop.  I'm wanting to build a pickleball court to play with the family, but that's going to run me 25k.  Worth it.  My dogs have a little area to s##t so I don't have to walk them every day.  I got a garage to store a golf kart that I use to take my dog to park.  I don't have to worry about neighbors intruding on my life, but I can also hang-out with them, and rely on them to take care of my s##t when I'm away.  I have five avocado trees, and a lake to go fishing.  There's room in the house to store everything, and enough room for a home office and game room, as well as space for my GF.  It's quiet all the time unless I throw a party.  I'm close to the city without having to live around third world communities or homeless encampments.  I have privacy and control.  Options.  I can have sex with a prostitute without anyone knowing. Or I can murder a prostitute and hide her under the concrete of my basement. I like having that option. lol. 

If I were young, I'd have buy a trailer home with two bedrooms to split with my friend.  You can finance one for 120k with 10k down over a 15-year period, and your monthly payments will be around $1,100 split two-ways ($550).  And when you decide to sell it in a few years, you'll at least have enough equity to walk away with 10-15k.  You can work and go to an inexpensive community college, and then get good enough grades to back your way into a four-year school without any debt. Even if one or two of you moves out, the other roommate can assume the payments, or sublease the property $1,500, and now you have passive income that's building equity.   Basically, if you're a smart people to guide you, ownership is F-ing awesome. Most people are educated by public school teachers that funnel you into the expensive college experience, and then you come out of college without credit, savings, or work ethic.  Every single teacher I know constantly b###ch about their finances, because they're stuck renting an apartment with roommate, racking up credit card and auto debt that continues to punish them after their loan is discharged under the 10-year public employment benefit.  That's a college-educated renter's life. 
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