Housing. It's an expense.

yea but blue eyed, that was in like 1910 :wink:
I think inflation is key there

^well in all fairness they did add indoor plumbing and what not.

I have a client that paid 18,000 for a house in 1968, they just sold it for 600k… not bad…

location location location… long term real estate typically appreciates.

50% may be true in West Valley, 3 Mile Island, Love Canel, etc…

No no no, I am with you.

First thing I was gunna say was so Donald Trump isn’t making anything on his investments?

I’m just saying for someone living in their home their entire life is doing it for reasons other than because it’s the best economic investment. Income real estate is completely different than purchasing a house for yourself.

I guess I am just familiar with Buffalo where booms don’t exist. Timing is huge in that case because booms bust. When you learn American history you read about boom, bust, boom, bust. So money can absolutely be made. But do you want to raise a family moving every seven years? The home you live in should be a different story. I also like the job stability of Buffalo that accompanies our economic pattern.

People that are saying it is an expense, and not an investment have bought their first house in the last 10 years and are miffed that the current economy is putting a hard-on in the ass of their “expense”.

And or do not even have enough money to consider buying a house so their view is justifying their being poor. Same as the anti new and newish car people. LOL

MAH HOUSE IS GUNNA MAKE ME MILLIONS!!! :fu:

It’s more of a pride thing for me. Plus I like to make shit my own.

Wondering if some people on here use life insurance as an investment as well

Definitely can be… do you want to argue that?

No i was just wondering lol, we were going over it in class today
iT Just seems like there are better things to invest in rather than life insurance, although it seems to be a “cheaper” way to get a return

Well maybe not cheaper as far as payments… but cheaper as far as not paying an investor, less risk etc.

Obv. depending on how much you invest in the market

oh and…

There is no price you can put on having a garage with your own tools, welders, car, your own backyard with your stupid dog running around and fucking your girls brains out without having to worry about anyone around you.

:lol: Your dog is fucking your girl’s brains out? Gross dude.

lol at fry.

also deebo, research estate tax issues… and see how life insurance can prove to be invaluable, something that NO other investment can do…

I Will when i get to that point in my life, i only have about an hour worth of knowledge on life insurance lol, i only know how it’s calculated for premiums/payouts etc

it sucks spending time on worthless things for class, but topics that you need in everyday life you don’t get to study, unless you’re doing some sort of independent research

You’re right, I should have added “or don’t own a house and are Monday morning quarterbacking to rationalize their poor life decisions.”

I have a triple.

the 2 floors I dont live on pay the mortgage/taxes
my roommate pays > the utility bill

theres some money left over but that goes to “the house account” for misc spending

when i move out, i will be making $1k profit a month, but split with my bro, = $500 month to put into my new mansion

See it is a good investment. I have heard there is a huge market for that kind of video. So because you bought your house you can has profit. lol

And another thing, no one is saying a house is a garranteed good investment. It is just like ANY OTHER investment as far as risk/reward goes.