Current Events > Are you a renter or a home buyer? What's your goal?

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LeoRavus 02/12/22 5:42:24 PM #1:	What are your living arrangments? I rent I own I live with my parents I rent but would like to own eventually What are your living arrangments? - Results (111 votes) I rent 18.02% (20 votes) 20 I own 55.86% (62 votes) 62 I live with my parents 15.32% (17 votes) 17 I rent but would like to own eventually 10.81% (12 votes) 12 I couldn't imagine staying in a place on my own that belongs to someone else. It feels scary just thinking about it. The instability of it all. --- This is where cool people write stuff. <cite>LeoRavus posted [p:962595256] in Are you a ... [t:79896364]...</cite> <quote> What are your living arrangments? I rent I own I live with my parents I rent but would like to own eventually Vote View Results What are your living arrangments? - Results (111 votes) I rent 18.02% (20 votes) 20 I own 55.86% (62 votes) 62 I live with my parents 15.32% (17 votes) 17 I rent but would like to own eventually 10.81% (12 votes) 12 Show Voting Form I couldn't imagine staying in a place on my own that belongs to someone else. It feels scary just thinking about it. The instability of it all. </quote> ... Copied to Clipboard!
RedLuigi 02/12/22 5:43:33 PM #2:	Last option tbh --- It's-a-me! Green Mario! _Stuff_ posted "I love u red Luigi girl" <cite>RedLuigi posted [p:962595279] in Are you a ... [t:79896364]...</cite> <quote>Last option tbh </quote> ... Copied to Clipboard!
RISEofCHRISTIAN 02/12/22 5:49:50 PM #3:	Rent. I don't see why owning is better than renting --- Madcap Moss makes my pee-pee feel funny. Not changing this sig until John Cena wins the AEW Championship. Started: 1/29/22 <cite>RISEofCHRISTIAN posted [p:962595424] in Are you a ... [t:79896364]...</cite> <quote>Rent. I don't see why owning is better than renting </quote> ... Copied to Clipboard!
PMarth2002 02/12/22 5:51:21 PM #4:	I live with my mom. I'm paying her rent, although she's said if she pays off the house I can live here rent free. I'll also inherit the house if she still has it when she dies. I'm undecided on what I want to do in the long term. My goal before the pandemic was to move out, but I hadn't decided on where to move to. Part of me still wants to, because I don't care for the area much and I barely know anyone here, but everywhere else is so fucking expensive. --- They have taken untold millions that they never toiled to earn But without our brain and muscle not a single wheel can turn <cite>PMarth2002 posted [p:962595456] in Are you a ... [t:79896364]...</cite> <quote>I live with my mom. I'm paying her rent, although she's said if she pays off the house I can live here rent free. I'll also inherit the house if she still has it when she dies. I'm undecided on what I want to do in the long term. My goal before the pandemic was to move out, but I hadn't decided on where to move to. Part of me still wants to, because I don't care for the area much and I barely know anyone here, but everywhere else is so fucking expensive. </quote> ... Copied to Clipboard!
AltyMcAltface 02/12/22 5:58:36 PM #5:	LeoRavus posted... I couldn't imagine staying in a place on my own that belongs to someone else. It feels scary just thinking about it. The instability of it all. what the fuck? --- "Altenticity is invaluable. Originality is warned/suspended." - Derp Darmusch <cite>AltyMcAltface posted [p:962595630] in Are you a ... [t:79896364]...</cite> <quote>LeoRavus posted... </cite> <quote>I couldn't imagine staying in a place on my own that belongs to someone else. It feels scary just thinking about it. The instability of it all.</quote>what the fuck? </quote> ... Copied to Clipboard!
Mimichan 02/12/22 5:58:53 PM #6:	I both own and live with my parents. <cite>Mimichan posted [p:962595641] in Are you a ... [t:79896364]...</cite> <quote>I both own and live with my parents. </quote> ... Copied to Clipboard!
Kombucha 02/12/22 5:59:06 PM #7:	I rent with no plans on buying anytime soon. --- http://www.last.fm/user/walkingishonest <cite>Kombucha posted [p:962595646] in Are you a ... [t:79896364]...</cite> <quote>I rent with no plans on buying anytime soon. </quote> ... Copied to Clipboard!
a-c-a-b 02/12/22 5:59:40 PM #8:	I rent and there's no way I'll ever be able to afford to buy where I live. --- Save for your doomed future <cite>a-c-a-b posted [p:962595658] in Are you a ... [t:79896364]...</cite> <quote>I rent and there's no way I'll ever be able to afford to buy where I live.</quote> ... Copied to Clipboard!
Heartomaton 02/12/22 6:01:03 PM #9:	I rent an apartment and I have no goals related to home ownership. --- https://www.youtube.com/user/Heartomaton Heartomaton for President 2028. <cite>Heartomaton posted [p:962595693] in Are you a ... [t:79896364]...</cite> <quote>I rent an apartment and I have no goals related to home ownership. </quote> ... Copied to Clipboard!
Blue_Thunder 02/12/22 6:02:32 PM #10:	Rent; owning is a very long term goal. --- Jenshin Team: https://i.imgur.com/1gCBGNu.png Smash Team: https://i.imgur.com/cwl2RwJ.png <cite>Blue_Thunder posted [p:962595726] in Are you a ... [t:79896364]...</cite> <quote>Rent; owning is a very long term goal.</quote> ... Copied to Clipboard!
RiKuToTheMiGhtY 02/12/22 6:24:23 PM #11:	I love owning a house and having the option of doing whatever I want to it to improve things. Hate renting and I feel bad for people who cant afford to own a home. --- doa-plus.com - We Press Forward. . . By Pressing Back. <cite>RiKuToTheMiGhtY posted [p:962596213] in Are you a ... [t:79896364]...</cite> <quote>I love owning a house and having the option of doing whatever I want to it to improve things. Hate renting and I feel bad for people who cant afford to own a home. </quote> ... Copied to Clipboard!
orangefire25 02/12/22 6:43:38 PM #12:	Own a house and love it infinitely --- "My lord, even 'the bud' slips into alcoholism these days." - AlCalavicci <cite>orangefire25 posted [p:962596648] in Are you a ... [t:79896364]...</cite> <quote>Own a house and love it infinitely </quote> ... Copied to Clipboard!
Derwood 02/12/22 6:45:50 PM #13:	RISEofCHRISTIAN posted... Rent. I don't see why owning is better than renting Equity <cite>Derwood posted [p:962596692] in Are you a ... [t:79896364]...</cite> <quote>RISEofCHRISTIAN posted... </cite> <quote>Rent. I don't see why owning is better than renting</quote> Equity </quote> ... Copied to Clipboard!
theAteam 02/12/22 7:00:14 PM #14:	a-c-a-b posted... I rent and there's no way I'll ever be able to afford to buy where I live. This. Actually planning on leaving specifically to afford a house somewhere else. --- Buffalo Bills <cite>theAteam posted [p:962596990] in Are you a ... [t:79896364]...</cite> <quote>a-c-a-b posted... </cite> <quote>I rent and there's no way I'll ever be able to afford to buy where I live.</quote> This. Actually planning on leaving specifically to afford a house somewhere else. </quote> ... Copied to Clipboard!
PMarth2002 02/12/22 7:42:54 PM #15:	theAteam posted... This. Actually planning on leaving specifically to afford a house somewhere else. Well if nothing else, TN has pretty cheap housing and no state income tax. Property taxes are reasonably low i think. Assuming you don't mind living in TN. --- They have taken untold millions that they never toiled to earn But without our brain and muscle not a single wheel can turn <cite>PMarth2002 posted [p:962597997] in Are you a ... [t:79896364]...</cite> <quote>theAteam posted... </cite> <quote>This. Actually planning on leaving specifically to afford a house somewhere else.</quote> Well if nothing else, TN has pretty cheap housing and no state income tax. Property taxes are reasonably low i think. Assuming you don't mind living in TN. </quote> ... Copied to Clipboard!
foreverzero212 02/12/22 7:54:11 PM #16:	Any property I buy will be part of the ocean by the time I pay it off. So why bother. --- lions and panthers oh my <cite>foreverzero212 posted [p:962598281] in Are you a ... [t:79896364]...</cite> <quote>Any property I buy will be part of the ocean by the time I pay it off. So why bother. </quote> ... Copied to Clipboard!
g980 02/12/22 8:42:05 PM #17:	Own Finish paying the mortgage asap (maybe another year or two) --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:962599375] in Are you a ... [t:79896364]...</cite> <quote>Own Finish paying the mortgage asap (maybe another year or two)</quote> ... Copied to Clipboard!
IllegalAlien 02/12/22 8:43:02 PM #18:	I'm in the process of closing on a house, getting the keys on the 4th next month --- "Never argue with an idiot, they drag you down to their level, then beat you with experience." <cite>IllegalAlien posted [p:962599392] in Are you a ... [t:79896364]...</cite> <quote>I'm in the process of closing on a house, getting the keys on the 4th next month </quote> ... Copied to Clipboard!
Derwood 02/12/22 8:44:21 PM #19:	I've been a home owner for almost 20 years <cite>Derwood posted [p:962599425] in Are you a ... [t:79896364]...</cite> <quote>I've been a home owner for almost 20 years </quote> ... Copied to Clipboard!
theAteam 02/12/22 8:44:38 PM #20:	PMarth2002 posted... Well if nothing else, TN has pretty cheap housing and no state income tax. Property taxes are reasonably low i think. Assuming you don't mind living in TN. At this point I don't care much where I'd live --- Buffalo Bills <cite>theAteam posted [p:962599430] in Are you a ... [t:79896364]...</cite> <quote>PMarth2002 posted... </cite> <quote>Well if nothing else, TN has pretty cheap housing and no state income tax. Property taxes are reasonably low i think. Assuming you don't mind living in TN.</quote> At this point I don't care much where I'd live </quote> ... Copied to Clipboard!
LeoRavus 02/13/22 12:24:37 AM #21:	g980 posted... Own Finish paying the mortgage asap (maybe another year or two) I saved up and paid off my mortgage early. Even when I had a house payment it was like half what people are paying for rent around here currently. Rent will continue to rise and a mortgage payment stays the same then disappears. --- This is where cool people write stuff. <cite>LeoRavus posted [p:962604025] in Are you a ... [t:79896364]...</cite> <quote>g980 posted... </cite> <quote>Own Finish paying the mortgage asap (maybe another year or two)</quote> I saved up and paid off my mortgage early. Even when I had a house payment it was like half what people are paying for rent around here currently. Rent will continue to rise and a mortgage payment stays the same then disappears. </quote> ... Copied to Clipboard!
IllegalAlien 02/13/22 12:27:08 AM #22:	I'm not sure if it makes sense to pay off you mortgage early (saving 2.5-4% interest per year) or to just yeet that cash into index funds... probably better to just invest --- "Never argue with an idiot, they drag you down to their level, then beat you with experience." <cite>IllegalAlien posted [p:962604067] in Are you a ... [t:79896364]...</cite> <quote>I'm not sure if it makes sense to pay off you mortgage early (saving 2.5-4% interest per year) or to just yeet that cash into index funds... probably better to just invest </quote> ... Copied to Clipboard!
LeoRavus 02/13/22 12:30:47 AM #23:	IllegalAlien posted... I'm not sure if it makes sense to pay off you mortgage early (saving 2.5-4% interest per year) or to just yeet that cash into index funds... probably better to just invest It would depend on how much you owe and what the interest rate is. I bought before the rates were low and was paying 8%. Always made more than the minimum payment and decided to get rid of it when I only owed $35k. That's the price of a new car so no big deal to drop that amount. Plus it's saving me like $250 a month in interest to the bank. May as well have been burning that money. --- This is where cool people write stuff. <cite>LeoRavus posted [p:962604125] in Are you a ... [t:79896364]...</cite> <quote>IllegalAlien posted... </cite> <quote>I'm not sure if it makes sense to pay off you mortgage early (saving 2.5-4% interest per year) or to just yeet that cash into index funds... probably better to just invest</quote> It would depend on how much you owe and what the interest rate is. I bought before the rates were low and was paying 8%. Always made more than the minimum payment and decided to get rid of it when I only owed $35k. That's the price of a new car so no big deal to drop that amount. Plus it's saving me like $250 a month in interest to the bank. May as well have been burning that money. </quote> ... Copied to Clipboard!
Tenlaar 02/13/22 12:32:02 AM #24:	I live in changing communal housing situations for my job and have no permanent residence. <cite>Tenlaar posted [p:962604151] in Are you a ... [t:79896364]...</cite> <quote>I live in changing communal housing situations for my job and have no permanent residence. </quote> ... Copied to Clipboard!
IllegalAlien 02/13/22 12:32:34 AM #25:	LeoRavus posted... It would depend on how much you owe and what the interest rate is. I bought before the rates were low and was paying 8%. Always made more than the minimum payment and decided to get rid of it when I only owed $35k. That's the price of a new car so no big deal to drop that amount. Plus it's saving me like $250 a month in interest to the bank. May as well have been burning that money. oh damn yeah 8% definitely changes the calculus on investing vs paying off --- "Never argue with an idiot, they drag you down to their level, then beat you with experience." <cite>IllegalAlien posted [p:962604167] in Are you a ... [t:79896364]...</cite> <quote>LeoRavus posted... </cite> <quote>It would depend on how much you owe and what the interest rate is. I bought before the rates were low and was paying 8%. Always made more than the minimum payment and decided to get rid of it when I only owed $35k. That's the price of a new car so no big deal to drop that amount. Plus it's saving me like $250 a month in interest to the bank. May as well have been burning that money.</quote>oh damn yeah 8% definitely changes the calculus on investing vs paying off </quote> ... Copied to Clipboard!
g980 02/13/22 9:20:01 AM #26:	LeoRavus posted... I saved up and paid off my mortgage early. Even when I had a house payment it was like half what people are paying for rent around here currently. Rent will continue to rise and a mortgage payment stays the same then disappears. Yep exactly IllegalAlien posted... I'm not sure if it makes sense to pay off you mortgage early (saving 2.5-4% interest per year) or to just yeet that cash into index funds... probably better to just invest Eh there is an angle of risk tolerance there Yes, i could make more money in the long run by paying minimum to my mortgage and investing all my extra money but what happens if i need a chunk of change while the market is down? Easier to pull from a HELOC than eat big losses Also, once my mortgage is paid off (or if i refi after paying off a chunk of it) i am in a much much better place from a cash flow perspective. I could take a much lower paying job and pay my insurance/taxes without having to touch my investments This is all to say, what i actually did was split my extra net income 50/50 between investments and mortgage. Mortgage will have been paid of in probably 6-7 years from when i bought the house --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:962610123] in Are you a ... [t:79896364]...</cite> <quote>LeoRavus posted...</cite> <quote> I saved up and paid off my mortgage early. Even when I had a house payment it was like half what people are paying for rent around here currently. Rent will continue to rise and a mortgage payment stays the same then disappears. </quote> Yep exactly IllegalAlien posted...</cite> <quote>I'm not sure if it makes sense to pay off you mortgage early (saving 2.5-4% interest per year) or to just yeet that cash into index funds... probably better to just invest </quote> Eh there is an angle of risk tolerance there Yes, i could make more money in the long run by paying minimum to my mortgage and investing all my extra money but what happens if i need a chunk of change while the market is down? Easier to pull from a HELOC than eat big losses Also, once my mortgage is paid off (or if i refi after paying off a chunk of it) i am in a much much better place from a cash flow perspective. I could take a much lower paying job and pay my insurance/taxes without having to touch my investments This is all to say, what i actually did was split my extra net income 50/50 between investments and mortgage. Mortgage will have been paid of in probably 6-7 years from when i bought the house</quote> ... Copied to Clipboard!
#27	Post #27 was unavailable or deleted.
Suolevram 02/13/22 9:30:46 AM #28:	Homeowner bay bay --- fay ce que vouldras <cite>Suolevram posted [p:962610294] in Are you a ... [t:79896364]...</cite> <quote>Homeowner bay bay </quote> ... Copied to Clipboard!
MrResetti 02/13/22 9:30:47 AM #29:	I'm closing on a house the 28th. --- http://i.imgur.com/GRZEGPm.gif http://imgur.com/OeMgQZT.gif <cite>MrResetti posted [p:962610295] in Are you a ... [t:79896364]...</cite> <quote>I'm closing on a house the 28th. </quote> ... Copied to Clipboard!
IllegalAlien 02/13/22 6:36:57 PM #30:	g980 posted... Yep exactly Eh there is an angle of risk tolerance there Yes, i could make more money in the long run by paying minimum to my mortgage and investing all my extra money but what happens if i need a chunk of change while the market is down? Easier to pull from a HELOC than eat big losses Also, once my mortgage is paid off (or if i refi after paying off a chunk of it) i am in a much much better place from a cash flow perspective. I could take a much lower paying job and pay my insurance/taxes without having to touch my investments This is all to say, what i actually did was split my extra net income 50/50 between investments and mortgage. Mortgage will have been paid of in probably 6-7 years from when i bought the house personally, I'm spending the next 2 yrs building liquid back up to 80-100k, that's a pretty safe liquid number IMO --- "Never argue with an idiot, they drag you down to their level, then beat you with experience." <cite>IllegalAlien posted [p:962622322] in Are you a ... [t:79896364]...</cite> <quote>g980 posted... </cite> <quote>Yep exactly Eh there is an angle of risk tolerance there Yes, i could make more money in the long run by paying minimum to my mortgage and investing all my extra money but what happens if i need a chunk of change while the market is down? Easier to pull from a HELOC than eat big losses Also, once my mortgage is paid off (or if i refi after paying off a chunk of it) i am in a much much better place from a cash flow perspective. I could take a much lower paying job and pay my insurance/taxes without having to touch my investments This is all to say, what i actually did was split my extra net income 50/50 between investments and mortgage. Mortgage will have been paid of in probably 6-7 years from when i bought the house</quote>personally, I'm spending the next 2 yrs building liquid back up to 80-100k, that's a pretty safe liquid number IMO </quote> ... Copied to Clipboard!
Jiek_Fafn 02/13/22 6:50:04 PM #31:	IllegalAlien posted... personally, I'm spending the next 2 yrs building liquid back up to 80-100k, that's a pretty safe liquid number IMO A lot of people would say that's excessive, but it definitely gives you a lot of stability. You pretty much never need to worry about any sudden financial issues with that. You're essentially paying for peace of mind. If you just have $100k laying around, do you really need to invest more aggressively though? It's not really a one size fits all question. Either way, you're probably fine. --- I don't believe in belts. There should be no ranking system for toughness. <cite>Jiek_Fafn posted [p:962622710] in Are you a ... [t:79896364]...</cite> <quote>IllegalAlien posted... </cite> <quote>personally, I'm spending the next 2 yrs building liquid back up to 80-100k, that's a pretty safe liquid number IMO</quote>A lot of people would say that's excessive, but it definitely gives you a lot of stability. You pretty much never need to worry about any sudden financial issues with that. You're essentially paying for peace of mind. If you just have $100k laying around, do you really need to invest more aggressively though? It's not really a one size fits all question. Either way, you're probably fine. </quote> ... Copied to Clipboard!
Cleo_II 02/13/22 7:07:10 PM #32:	I own two homes. Live in one, rent the other out. <cite>Cleo_II posted [p:962623225] in Are you a ... [t:79896364]...</cite> <quote>I own two homes. Live in one, rent the other out. </quote> ... Copied to Clipboard!
CableZL 02/13/22 7:07:37 PM #33:	I bought my first home last year. --- https://i.imgtc.com/d9Fc4Qq.gif https://i.imgtc.com/BKHTxYq.gif https://i.imgtc.com/vYYIuDx.jpg <cite>CableZL posted [p:962623241] in Are you a ... [t:79896364]...</cite> <quote>I bought my first home last year. </quote> ... Copied to Clipboard!
IllegalAlien 02/13/22 7:10:00 PM #34:	Jiek_Fafn posted... A lot of people would say that's excessive, but it definitely gives you a lot of stability. You pretty much never need to worry about any sudden financial issues with that. You're essentially paying for peace of mind. If you just have $100k laying around, do you really need to invest more aggressively though? It's not really a one size fits all question. Either way, you're probably fine. I want to FIRE so investing with a 30 year horizon will ensure that I have the same level of wealth when I'm older (despite inflation and not working) --- "Never argue with an idiot, they drag you down to their level, then beat you with experience." <cite>IllegalAlien posted [p:962623340] in Are you a ... [t:79896364]...</cite> <quote>Jiek_Fafn posted... </cite> <quote>A lot of people would say that's excessive, but it definitely gives you a lot of stability. You pretty much never need to worry about any sudden financial issues with that. You're essentially paying for peace of mind. If you just have $100k laying around, do you really need to invest more aggressively though? It's not really a one size fits all question. Either way, you're probably fine.</quote>I want to FIRE so investing with a 30 year horizon will ensure that I have the same level of wealth when I'm older (despite inflation and not working) </quote> ... Copied to Clipboard!
IllegalAlien 02/13/22 7:10:36 PM #35:	+ as you say that's a lot of liquid. I think savings banks only insure 200k, so I need to start putting that shit into other places --- "Never argue with an idiot, they drag you down to their level, then beat you with experience." <cite>IllegalAlien posted [p:962623352] in Are you a ... [t:79896364]...</cite> <quote>+ as you say that's a lot of liquid. I think savings banks only insure 200k, so I need to start putting that shit into other places </quote> ... Copied to Clipboard!
Smackems 02/13/22 7:11:21 PM #36:	Already own my house --- Common sense said you can common my sense, ifyaknowwhatimeanwinkwink -smackems- some dudette named JimCarrysToe <cite>Smackems posted [p:962623374] in Are you a ... [t:79896364]...</cite> <quote>Already own my house </quote> ... Copied to Clipboard!
Tenlaar 02/13/22 7:59:15 PM #37:	Cleo_II posted... I own two homes. Live in one, rent the other out. ITS A LANDLORD! GET HER!!!1!! <cite>Tenlaar posted [p:962624847] in Are you a ... [t:79896364]...</cite> <quote>Cleo_II posted... </cite> <quote>I own two homes. Live in one, rent the other out.</quote>ITS A LANDLORD! GET HER!!!1!! </quote> ... Copied to Clipboard!
Sackgurl 02/13/22 8:12:41 PM #38:	LeoRavus posted... I bought before the rates were low and was paying 8%. Always made more than the minimum payment and decided to get rid of it when I only owed $35k. seems like you could have refinanced instead --- LittleBigPlanet is like merging dress-up with a real game. <cite>Sackgurl posted [p:962625200] in Are you a ... [t:79896364]...</cite> <quote>LeoRavus posted... </cite> <quote>I bought before the rates were low and was paying 8%. Always made more than the minimum payment and decided to get rid of it when I only owed $35k.</quote> seems like you could have refinanced instead </quote> ... Copied to Clipboard!
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Current Events > Are you a renter or a home buyer? What's your goal? (+) Yeah! (+)

Current Events > Are you a renter or a home buyer? What's your goal?