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Anonymous Mon 18 Apr 2022 16:28:00 No.14995910 View View Reply Original Report

Quoted By: >>14995912 >>14995914 >>14995915 >>14995916 >>14995917 >>14995919 >>14995921 >>14995923 >>14995924 >>14995925 >>14995927

>buy house for $200k
>sell house for $500k
>have to buy a new house for $500k or more if you want to "upgrade"
How much money did you make?

Anonymous

Anonymous Mon 18 Apr 2022 16:30:06 No.14995911 Report

Quoted By:

$3.50

Anonymous

Anonymous Mon 18 Apr 2022 16:31:07 No.14995912 Report

Quoted By: >>14995927

>>14995910
$300k. Opportunity cost.

Anonymous

Anonymous Mon 18 Apr 2022 16:33:20 No.14995913 Report

Quoted By:

>don't buy house at $200k
>don't buy house at $500k
How much money have you made?

Anonymous

Anonymous Mon 18 Apr 2022 16:34:28 No.14995914 Report

Quoted By: >>14995922

>>14995910
I don't know, math is racist.

Anonymous

Anonymous Mon 18 Apr 2022 16:35:09 No.14995915 Report

Quoted By:

>>14995910
It's the biggest musical chairs of modern times and people keep telling themselves that the music will never stop. So you already know what is going down in the future.

Anonymous

Anonymous Mon 18 Apr 2022 16:37:35 No.14995916 Report

Quoted By:

>>14995910
dont forget to pay taxes on that 500k house instead of 200k house anon. you are much worse off.

Anonymous

Anonymous Mon 18 Apr 2022 16:41:53 No.14995917 Report

Quoted By:

>>14995910
You dont buy back in pre crash.
https://www.housepricecrash.co.uk/forum/index.php?/topic/53593-credit-bubble-bursts-first-snows-of-k-winter/

Anonymous

Anonymous Mon 18 Apr 2022 16:42:04 No.14995918 Report

Quoted By:

i bought my house in 2014. i havent sold it yet. Kind of want to. I hate wage slaving so much id like to just sell everything and live in my suv for a few years

Anonymous

Anonymous Mon 18 Apr 2022 16:43:20 No.14995919 Report

Quoted By:

>>14995910
Move to a cheaper area retard

Anonymous

Anonymous Mon 18 Apr 2022 16:46:39 No.14995920 Report

Quoted By:

I feel like im surrounded by children on 4chan when it comes to financial shit. There are fees, taxes, and many miscellaneous costs involved in buying and selling property. You pay realtors in selling & advertising fees, you pay lawyers in conveyancing fees, you pay the state in either sales tax or buyers stamp duty, in ever single transaction you're pillaged.

It really makes those Bitcoin trading fees on centralized exchanges seem not so bad, doesn't it?

Anonymous

Anonymous Mon 18 Apr 2022 16:47:47 No.14995921 Report

Quoted By: >>14995926

>>14995910
money is a promise to pay later, every dollar you spend is debt you accrue, there's no such thing as 'making money'

Anonymous

Anonymous Mon 18 Apr 2022 16:48:30 No.14995922 Report

Quoted By:

>>14995914
This

Anonymous

Anonymous Mon 18 Apr 2022 16:48:39 No.14995923 Report

Quoted By:

>>14995910
The only reason i would sell is if i could pay off the loan in full and still buy a property somewhere rural in pure cash

Anonymous

Anonymous Mon 18 Apr 2022 16:52:23 No.14995924 Report

Quoted By:

>>14995910
usually i hear of people selling to downgrade to a small property since they're old and don't need as much space. the money from the sell is a bonus on their retirement since boomers don't believe in generational wealth.

Anonymous

Anonymous Mon 18 Apr 2022 17:03:08 No.14995925 Report

Quoted By:

>>14995910
Who the fuck sells, you use the two houses to collateral the new mortgage, never sell land you retard.

Anonymous

Anonymous Mon 18 Apr 2022 17:04:33 No.14995926 Report

Quoted By:

>>14995921
Not quite, money is a promise that the economy owes you value. Having a lot of USD means you own a lot of debt of the FED. Wouldn't want to be in that position right now.

Anonymous

View Same Google ImgOps iqdb SauceNAO first-signs-of-hyperinflation.jpg, 55KiB, 618x285

Anonymous Mon 18 Apr 2022 17:20:35 No.14995927 Report

Quoted By:

>>14995910
>>14995912

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