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Ana Sayfaya Dön

This is such a simple thing that people don’t understand. I’ve been renting for years. Saving money. Mortgages are liabilities. It sucks you into the system I know a CEO of a company that’s rented his house for years Give this a listen. Freedom is so undervalued

QE Infinity

118,471 subscribers

305,449 görüntüleme • 3 yıl önce •via X (Twitter)

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10 Yorum

QE Infinity profil fotoğrafı

QE Infinity3 yıl önce

This is Anton Kreil who is a former trader from Goldman Sachs so he’s no schlep.

JD profil fotoğrafı

JD3 yıl önce

That is horrible advice. There’s so many advantages to owning. Principally the equity that you’re building up overtime. Renting is giving your money to someone else and walking away with nothing. Foolish.

QE Infinity profil fotoğrafı

QE Infinity3 yıl önce

I knew this would piss off the housing bros. You’re only building equity if the house goes up in value. Right now you own nothing but 30 years of risk.

Fred Wick profil fotoğrafı

Fred Wick3 yıl önce

Disagree. You’ll be paying to live somewhere every single month no matter whether it’s towards a mortgage or rent. Same monthly payment can go towards something you’ll own rather than to your landlord. Rent 20 years or payoff mtg in 20 yrs? 20 years rent flushed down toilet.

QE Infinity profil fotoğrafı

QE Infinity3 yıl önce

No 20 years of rent gives you the ability to pay cash. This eliminates the liability and allows you to keep your freedom.

Nirnay Patil profil fotoğrafı

Nirnay Patil3 yıl önce

I owned houses before. Current market does not make sense to own at all. You don’t want to bust your ass just to own a house which you can’t afford and enjoy at all (For most). The difference in MA between owning and renting is close to 100% (double) granted you get more space.

QE Infinity profil fotoğrafı

QE Infinity3 yıl önce

Yup and people wanna keep up with the Jones. Feel like losers if they don’t have their own house.

Stonk Pirate profil fotoğrafı

Stonk Pirate3 yıl önce

I own over 2 mil in property… tell me it isn’t an asset. Technically it falls in both asset and liability, but after ten years of renting what do you have? Nothing. I could move any time I want and rent my house out in a heartbeat.

QE Infinity profil fotoğrafı

QE Infinity3 yıl önce

@howtomacro You have more savings.

Grant profil fotoğrafı

Grant3 yıl önce

Renting costs way more than a mortgage in the UK. Your maths don’t work here.

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