Jose M

Take it up with Worms. He started the idiotic comparison then continued on with it a few posts back. Your reading ability doing ok? But since you brought up a completely different topic than the rest of the thread - I don't know why anyone would want to own a condo, especially as a primary residence. Just rent. The exception of course would be someplace exotic, use it as a vacation hub and rent it out 80% of the year. And yeah, if Seafoam is not needing a home with 4 bedrooms - for just himself and his girlfriend who travel a lot, buying a large home would be dumb. The apples-oranges comparison would be the exact opposite of Worm's argument. He's probably saving so much money with no property tax, maintenance etc for the size of property he needs to live, as compared to Worm, his investments would crush his. That's just a more money coming in than going out math problem.

Most people figure the BE closer to 5 years as a rule of thumb and is heavily market dependent. So glad we're back to it's a "depends on your situation" math problem tho. You can shut up now.

Which is it? "Everyone said if you move a lot renting is better" or "Terrible money management" JFC you have Tourette's or something?

I think more rich people are not buying homes because there has been a shift from "settling down" to "seeing the world" and "more life experiences" during retirement. It likely doesn't make sense to be saddled with property if you aren't planning to use that property the vast majority of the time. Same for a lot of early retirees in the FIRE community. One of the guys I bought one of my homes from was going to travel the country in his half a million dollar RV for a few years. I'm the opposite, I want to settle down. Vacationing across the world once or twice a year is plenty for me. Another example of why it's a "depends on your situation" math problem. Anyone saying otherwise is full of it.

If you have to move every couple of years like Seafoam does your closing costs just ate up every bit of the appreciation. And you forgot the $270,000 in property taxes, plus $60,000 in insurance, plus $60,000 in maintenance and $550,000 in interest (7%) you paid over those 30 years. If you say that's all included in your $2000 then you're not comparing apples to apples. Does Seafoam's rent include utilities and landscaping, if so tack on some more. Look, I am a homeowner. I own two homes right now. But this is a very "depends on your situation" math problem. For me it makes sense because I have the luxury of not paying any interest and can move long term to where the property tax is very low. Seafoam probably doesn't have those advantages. I look at my properties as part of my investment portfolio. But I suggest most people like you don't and not just because you don't understand the math, but also because when you cash in your home for 1.2 million - guess what - you need to find a place to live. It's not as simple as saying you're ahead the value of your property.

50 year old still has a mortgage with no plans for retirement.

Silly you? More like retarded.

Where else can the homeless get 2000 calories for $0.99, $1.49, $1.79, $2.49, $5.09?

JFC

It's ADA law. You can't stop someone with a service animal. You're only allowed to ask two questions: 1 - Is this a service animal? 2 - What service does it provide? You're right, there is no official "federal" certification a service animal must have nor can you ask for proof of certification. It's like motorcycle helmets, some states make you wear one, but, if you dig a little further they don't really have to be a safety helmet. There isn't a universally accepted standard. Pretty much anything on your head works. I imagine a confrontation between you and someone with Tourettes would be hilarious though.

LIAR @Strike

He falls for the Fake News Every. Single. Time.

@TimHauck Here is a good summary of what you missed six month ago so you don't have to act like its New Fake News. HTH

That's not from the Grand Jury documents ordered released on Monday dumbasss. Those are from the documents already released months ago. You're about six months behind everyone else in discovering these things Nostradamus, next thing is you'll tell us you just realized David Copperfield shows up in the documents that came out last year.

It goes to Harris.

Rule of 150 is a simpler thing to go by if you cant grasp the economics of renting versus buying. It's not universally better to own. You'll need to deduct all the maintenance, property taxes, hoa and other costs of home ownership from your want to be million. If you're carrying a mortgage a good portion of your payment is just as dead money as rent is.

They can't even if they wanted to. The DEI party cannot jump over Kamala with someone like Newsome. Won't happen. And Joe's warchest can only go to Kamala. Quite the quandary they've put themselves into.

TILT!

Um... HFS

Fake News always fools the simpletons. For anyone that's interested in facts, here is the document that was released. https://www.mypalmbeachclerk.com/home/showpublisheddocument/4194/638554423710170000 The number of times Trump is mentioned = 0 The number of times Clinton is mentioned = 1. One of the girls wanted to become famous for giving him a BJ.

Trump lies 100x more than Biden! Does any of that really matter when the lie they've been telling us is that the tottering, bumbling, brain fog old fool we saw during the debate is running this country this whole time. Now they're going to try and feed you the sour pie that's he's capable of 4 more years. Some of you really need to get a grip on reality.

36% plan to go into debt to do it. 26% by using their credit card. lol

His point, you dullard, is the hypocrisy of those crying about about the ruling. It's not that difficult.

If Joe goes the only person that can use his war-chest is Kamala. Lol.