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Goodnight renters. You will be a renter forever
invite response
2014 Feb 20, 9:38am 15,278 views 54 comments
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RentingForHalfTheCost
2014 Feb 21, 6:45am
I don't get this argument, what is your ultimate end game?
Retire with enough income so you don't need to be a slave. If renting is cheaper than owning then rent. Which is what people should be doing in the SFBA at this point. In the last 10 years I have saved enough so the dividend payments from stocks are enough to cover my rent. To me that is pretty much the same as owning a home. In 10 years you can be rent free if you play the game correct. Not the traditional 30 that banks want you to believe.
Most people on here are fine with adding the unnecessary extra 20 years or so of payments, because they all subscribed to the greater fools theory. Unfortunately, that theory has a very bad ending for many that play it too long. SFBA housing is really a giant ponzi scheme at this point and many good people will get seriously hurt again. Sad, so sad.
rooemoore
2014 Feb 21, 6:51am
SFBA housing is really a giant ponzi scheme at this point and many good people will get seriously hurt again. Sad, so sad.
Your not fooling anyone here. You would dance and laugh if "good people" got "hurt again".
RentingForHalfTheCost
2014 Feb 21, 8:20pm
SFBA housing is really a giant ponzi scheme at this point and many good people will get seriously hurt again. Sad, so sad.
Your not fooling anyone here. You would dance and laugh if "good people" got "hurt again".
Couldn't be more from the truth. I spend my life fighting for the good people. Mean and greedy people can go to hell.
John Bailo
2014 Feb 22, 3:22am
When I was in high school, I thought I would end up an intellectual, living in a $200 a month rent controlled apartment on Manhattan's Upper West Side.
That didn't happen.
Smallblock57
2014 Feb 22, 3:48am
@JH
I doubt he really is a landlord. Someone who legitimately owns and operates a property business would not talk this way.
Your right...............he sounds like someone recently bought in the biggest speculative bubble market there is and has recently realized that he is SCREWED...............all the housing bulls are starting to realize this and are running out of justification for this fake market. Even the most manipulated housing and economic data is looking grim ....so don't go away mad like Roberto, just go away : )
You sound like someone who will be a renter forever :)
Now run off and play little boy
John Bailo
2014 Feb 22, 4:16am
A 2012 report by the Iowa Finance Authority found that young adults between the ages of 25 and 34 formed more new households in Iowa than any other age group in the decade. But they aren’t buying new houses – the majority of them are renting.
“This is a generation that’s moving into apartments,†Culkin said. “This is a phenomenon that is going to continue to increase.â€
Buying a home is obsolete.
roberto realized that there is no valuable information from this forum and he left. this was my first and last thread and it was titled for the majority of the idiots on here. A bunch of broke left winged democrats that will rent forever. Peace out little ones and OBUMMMMMMMMMMMMMMER lovers
« First « Previous Comments 45 - 54 of 54 Search these comments
Prices are skyrocketing again this year. Inventory is incredibly low just like last year. If you rent here, you are probably better off moving because prices are going to the moon this year. Good night renter.