Renting V Owning

[seafoam1 2,937]

5 minutes ago, nobody said:

Okay.  How big is your apartment?  How big is the lot and house for the property taxes you compared it to.  What were the amenities on the house vs your apartment.  How big is your complex?  Are you in on the first floor or higher?  I'm sure you won't answer, but since you don't want people making inferences from your BS posts, I figured I'd ask.

Sure dumbass. Everything is in the thread if you care enough to look. 

Lie all you like. You have proven to be nothing more than a dumbass. Your arguments are for shlt. Move along. 

You ask now after you used your incorrect inferences to try to win an argument.

Too late slime ball. 

[IGotWorms 4,057]

1 hour ago, seafoam1 said:

Do you think your employer makes money off of your hard work? 

Of course they do, otherwise why would they give you a job?

Same applies to your sh1tty rental. Landlord is making money off you otherwise he’d have no reason to do it. Erego you are paying all the stuff the rest of us have to pay for (carrying cost, utilities. insurance, taxes, upkeep, etc) AND you’re also tossing in a profit margin for somebody else

[nobody 2,654]

14 minutes ago, Horseman said:

Not absolute. (But that wasn't his argument anyway)

Seafoam stated that he moved often for work, I believe.  That alone makes it likely that renting is the better choice financially.  If the landlord made a profit then it's possible both of them made the right financial decision. 

Also, if I'm not mistaken, Seafoam was a consultant?  Consultants often make more than the individual they work for.  

 

The funny part is that wasn't even the genesis of this discussion.  Yes, of course, in some cases it makes sense to rent.  In others, it may not.  What started the whole thing was that seafoam was inferring that people who buy houses don't get it and he cracked the code all the while his comments are dripping with confrontation.  Then when I said he thinks people who buy houses are stupid, he got butt hurt as is his wont claiming he never said buying a house was dumb, but what he doesn't get is his tone and tenor belie his thinking just like a woman who tells you they're "fine" as they huff and puff and slam cabinet doors.

[seafoam1 2,937]

3 minutes ago, IGotWorms said:

Of course they do, otherwise why would they give you a job?

Same applies to your sh1tty rental. Landlord is making money off you otherwise he’d have no reason to do it. Erego you are paying all the stuff the rest of us have to pay for (carrying cost, utilities. insurance, taxes, upkeep, etc) AND you’re also tossing in a profit margin for somebody else

Again, an idiot.  You paid 400k for a shltty house and are stuck with a money pit.

[The Psychic Observer 498]

23 minutes ago, Horseman said:

Not absolute. (But that wasn't his argument anyway)

Seafoam stated that he moved often for work, I believe.  That alone makes it likely that renting is the better choice financially.  If the landlord made a profit then it's possible both of them made the right financial decision. 

Also, if I'm not mistaken, Seafoam was a consultant?  Consultants often make more than the individual they work for.  

 

No a consultant almost never makes more than their employer.  Why would someone pay a contractor $200/hr and then only bill them out for $180/hr?  There is always a mark up unless there is some weird circumstance.

Seafoam1 worked for Accenture so his bill rate was much higher than his salary.  Accenture isn't stupid.

[seafoam1 2,937]

1 minute ago, The Psychic Observer said:

No a consultant almost never makes more than their employer.  Why would someone pay a contractor $200/hr and then only bill them out for $180/hr?  There is always a mark up unless there is some weird circumstance.

Foxking clueless. 

[nobody 2,654]

5 minutes ago, seafoam1 said:

Sure dumbass. Everything is in the thread if you care enough to look. 

Literally none of what I asked is in this thread. 

[The Psychic Observer 498]

1 minute ago, seafoam1 said:

Foxking clueless. 

What was your bill rate and what did Accenture pay you?

[nobody 2,654]

12 minutes ago, seafoam1 said:

I got at least 20 offers since.

I don't need a new job. Hell, I'm set. Do you need a reference or something? 

Yeah, I'm sure everyone is beating down the door of a mid-60's retired consultant.  "At least 20 offers"

Make your lies more believable.

[seafoam1 2,937]

Just now, nobody said:

Literally none of what I asked is in this thread. 

Well, here's the details, you paid for a money pit and are suffering financially.

Only the idiots who are so insecure about their own situation in life are as insecure as you. 

[nobody 2,654]

5 minutes ago, The Psychic Observer said:

No a consultant almost never makes more than their employer.  Why would someone pay a contractor $200/hr and then only bill them out for $180/hr?  There is always a mark up unless there is some weird circumstance.

Seafoam1 worked for Accenture so his bill rate was much higher than his salary.  Accenture isn't stupid.

I think it could happen.  Sometimes, they just bill it the customer.

[Raven Fan 362]

27 minutes ago, Horseman said:

Not absolute. (But that wasn't his argument anyway)

Seafoam stated that he moved often for work, I believe.  That alone makes it likely that renting is the better choice financially.  If the landlord made a profit then it's possible both of them made the right financial decision. 

Also, if I'm not mistaken, Seafoam was a consultant?  Consultants often make more than the individual they work for.  

 

"hey guise, let's hire consultant peafoam and pay him more than we bill out!  We'll make it up in volume!"

[nobody 2,654]

2 minutes ago, seafoam1 said:

Well, here's the details, you paid for a money pit and are suffering financially.

Only the idiots who are so insecure about their own situation in life are as insecure as you. 

English, motherfūcker, can you read it?

1 hour ago, nobody said:

LOL... If you only knew.  You never will since you enjoy having your head up your ass, but if you did.

By the way, I rent, dummy.  

 

[Horseman 2,438]

1 minute ago, The Psychic Observer said:

No a consultant almost never makes more than their employer.  Why would someone pay a contractor $200/hr and then only bill them out for $180/hr?  There is always a mark up unless there is some weird circumstance.

I was talking about the individual who is utilizing the consultant.  Not some company just marking up their salary.  (We more often than not we use individual consultants that work for themselves)

But, lets use your example.  And note you changed the requirement, we are taking about their direct report (boss) not the company that charges the mark-up.  Are you contending that a managing director of a set of highly specialized consultants always has a salary higher than those consultants?   I doubt it.  The only specialty the boss needs is in scheduling and management.

But here is the point of this hijack:  You can't definitively say.  That's especially true with renting vs. owning.  

 

[seafoam1 2,937]

3 minutes ago, The Psychic Observer said:

What was your bill rate and what did Accenture pay you?

What is your interest in this? Where do you work and what is your income? Are you an owner of your company, and what's your setup financially as far as income and paying out people?

[The Psychic Observer 498]

2 minutes ago, nobody said:

I think it could happen.  Sometimes, they just bill it the customer.

They're not gonna pay a consultant more than they bill the customer.  Unless it's some body shop and they're trying to get business.  Accenture doesn't keep you around for 20 years if you're not making them money.

[Horseman 2,438]

6 minutes ago, The Psychic Observer said:

What was your bill rate and what did Accenture pay you?

The question you should be asking is what his boss made vs. him.  

[seafoam1 2,937]

1 minute ago, nobody said:

English, motherfūcker, can you read it?

 

You oaid for a money pit. I'm assuming because you didn't share the details 

Focking idiot. 

[nobody 2,654]

Just now, seafoam1 said:

You oaid for a money pit. I'm assuming because you didn't share the details 

Focking idiot. 

So when I specifically say that I rent, you take that to mean the exact opposite of what I wrote because I didn't provide details?

You really are a dumb ass, dude.

[seafoam1 2,937]

Just now, Horseman said:

The question you should be asking is what his boss made vs. him.  

I made more than some and less than others. But not by a lot.  I was happy with my salary and benefits. And THAT is the key. 

 That's what allowed me to let go. 

[The Psychic Observer 498]

1 minute ago, Horseman said:

I was talking about the individual who is utilizing the consultant.  Not some company just marking up their salary.  (We more often than not we use individual consultants that work for themselves)

But, lets use your example.  And note you changed the requirement, we are taking about their direct report (boss) not the company that charges the mark-up.  Are you contending that a managing director of a set of highly specialized consultants always has a salary higher than those consultants?   I doubt it.  The only specialty the boss needs is in scheduling and management.

But here is the point of this hijack:  You can't definitively say.  That's especially true with renting vs. owning.  

 

I made the point that 9 times out of 10, the apartment owner is making some money off his rental.  The nut for the apartment will be fully covered by the tenants rent if they know what they are doing, and then he makes a profit on top.

Same with consultants.  Accenture billed out seafoam1 at a higher rate than they paid him, maybe even 2x.

[seafoam1 2,937]

Just now, nobody said:

So when I specifically say that I rent, you take that to mean the exact opposite of what I wrote because I didn't provide details?

You really are a dumb ass, dude.

You're the idiot who used the word shltty. 

Seriously move on. 

[The Psychic Observer 498]

5 minutes ago, Horseman said:

The question you should be asking is what his boss made vs. him.  

I'm fairly confident his managers at Accenture made more than him.  Depends on tenure but usually managers will make more than analysts, directors make more than managers, and up the chain.  But that wasn't the point as I explained earlier.

[nobody 2,654]

Just now, seafoam1 said:

You're the idiot who used the word shltty. 

Seriously move on. 

I think it's a very good bet that your apartment would be considered shìtty compared to the house in your neighborhood you are using to compare if your rent is less than then the property tax they pay.  And the more you refuse to acknowledge the differences between your apartment and the house you're comparing, the more I think it's true.

Not that I expect you to understand relativism.

[seafoam1 2,937]

2 minutes ago, nobody said:

I think it's a very good bet that your apartment would be considered shìtty compared to the house in your neighborhood you are using to compare if your rent is less than then the property tax they pay.  And the more you refuse to acknowledge the differences between your apartment and the house you're comparing, the more I think it's true.

Not that I expect you to understand relativism.

Assume all you like. That's a you thing. That's how you manage your life I'm sure.

[nobody 2,654]

Imagine hiring Accenture as consultants to help solve some issues you're having and in walks seafoam.  No wonder he had to move so much.

[seafoam1 2,937]

2 minutes ago, nobody said:

Imagine hiring Accenture as consultants to help solve some issues you're having and in walks seafoam.  No wonder he had to move so much.

Yeah, imagine. Good one corky. You can't win a topic, so you end up with childish cutdowns. 

I saw all this coming. 

You've made  a fool of yourself. 

[Raven Fan 362]

11 minutes ago, Horseman said:

The question you should be asking is what his boss made vs. him.  

 

8 minutes ago, The Psychic Observer said:

I made the point that 9 times out of 10, the apartment owner is making some money off his rental.  The nut for the apartment will be fully covered by the tenants rent if they know what they are doing, and then he makes a profit on top.

Same with consultants.  Accenture billed out seafoam1 at a higher rate than they paid him, maybe even 2x.

What relevance in this context could it possibly have what the client he works for makes or his boss makes?  You were clearly making the point the OWNER was making money off of poor, dumb peafoam.

Holy chit Horsesass is legit financially illiterate.  No wonder he has to steal $7 streams and runs from $500 bets. 

 

 

[Raven Fan 362]

3 minutes ago, nobody said:

Imagine hiring Accenture as consultants to help solve some issues you're having and in walks seafoam.  No wonder he had to move so much.

For real.  Dude tries his hardest on this board but comes off sounding like a butt hurt 7th grade chick.

Plus he thinks renting makes more financial long term sense than owning...

Dude's dumb AF.

[IGotWorms 4,057]

26 minutes ago, seafoam1 said:

Again, an idiot.  You paid 400k for a shltty house and are stuck with a money pit.

More and they all have upkeep. Difference is I’m paying to upkeep my own place whereas you’re paying to upkeep someone else’s

[Horseman 2,438]

21 minutes ago, Raven Fan said:

"hey guise, let's hire consultant peafoam and pay him more than we bill out!  We'll make it up in volume!"

Who said that?  Read much?

You should sit this one out.  My watch costs more than your car.  You aren't qualified to do my taxes, let alone give out financial advise.

[nobody 2,654]

2 minutes ago, Raven Fan said:

For real.  Dude tries his hardest on this board but comes off sounding like a butt hurt 7th grade chick.

Plus he thinks renting makes more financial long term sense than owning...

Dude's dumb AF.

Well, in his case it 100% makes more sense to rent. 

It's not going to take long for people to figure out he's an idiot.  The typical manager is going to try to ship you off and make you someone else's problem, so he needs to stay nimble.  

By year 3, he's certainly going to have worn out his welcome, so he can't own a house and limit his job search options.  

[Raven Fan 362]

1 minute ago, Horseman said:

Who said that?  Read much?

You should sit this one out.  My watch costs more than your car.  You aren't qualified to do my taxes, let alone give out financial advise.

Your ugly, hand me down, dirty watch....

You steal $7 streams and run from $500 bets.

Not to mention you don't understand leverage and think renting is the same as owning.

[Horseman 2,438]

17 minutes ago, The Psychic Observer said:

I made the point that 9 times out of 10, the apartment owner is making some money off his rental.  The nut for the apartment will be fully covered by the tenants rent if they know what they are doing, and then he makes a profit on top.

Same with consultants.  Accenture billed out seafoam1 at a higher rate than they paid him, maybe even 2x.

Ok.  Don't say things that you don't mean then.  Because you clearly said boss, and were referring to individuals, not the company.  

1 hour ago, The Psychic Observer said:

Of course they do.  I know this, and that's another good example.  I would never argue it's more financially sound to be in my position than to be in my boss's position, or the CEO's position.

Same way you can't argue that it's more financially sound for you as the renter than the owner you makes money off you.

 

[Horseman 2,438]

10 minutes ago, Raven Fan said:

 

What relevance in this context could it possibly have what the client he works for makes or his boss makes?  You were clearly making the point the OWNER was making money off of poor, dumb peafoam.

Holy chit Horsesass is legit financially illiterate.  No wonder he has to steal $7 streams and runs from $500 bets. 

 

 

I've heard breathing into a paper bag helps.

[Raven Fan 362]

Just now, Horseman said:

Ok.  Don't say things that you don't mean then.  Because you clearly said boss, and were referring to individuals, not the company.  

 

Moron the first quote specifically said OWNER of the crappy apartment peafoam rents.  He then said ACCENTURE, you know the company, that supposedly pays peafoam?

No wonder you have to steal $7 streams and run from $500 bets.

[Raven Fan 362]

3 minutes ago, Horseman said:

I've heard breathing into a paper bag helps.

You can't afford $7 streams or $500 bets boyo.

I've heard not being a complete and utter moron may help with that...

[seafoam1 2,937]

17 minutes ago, IGotWorms said:

More and they all have upkeep. Difference is I’m paying to upkeep my own place whereas you’re paying to upkeep someone else’s

It's still less than property tax and upkeep expenses in my area. 

I'm just using you as an example of what others are assuming about my situation. 

You included. I dont know anything about your situation and I'm not attacking it. Never did.

But these dopes are getting stupid about my life and you know it's stupid. The assumptions are off the charts. 

[Horseman 2,438]

2 minutes ago, Raven Fan said:

Your ugly, hand me down, dirty watch....

You steal $7 streams and run from $500 bets.

Not to mention you don't understand leverage and think renting is the same as owning.

18K Gold cleans pretty easily.  You wouldn't have any reason to know that though.

Hand me down?  Oh, that's right, you're still mad at the mother-in-law for not leaving you anything.  

[Raven Fan 362]

2 minutes ago, seafoam1 said:

It's still less than property tax and upkeep expenses in my area. 

I'm just using you as an example of what others are assuming about my situation. 

You included. I dont know anything about your situation and I'm not attacking it. Never did.

But these dopes are getting stupid about my life and you know it's stupid. The assumptions are off the charts. 

Claiming that your rent is less than the taxes and upkeep of an equivalent sized house with zero land is an absolute lie.

You're dumb.  We get it.  Stop trying to keep making that point.