Stocks, Investing, Gambling, Bitcoin .etc
Look, I’m not a fucking broker or a hustler, okay? I don’t care that you keep running around telling me or others to go waste our time and money to put into markets that can be incredibly unpredictable. It is all about luck, chance and risk. Things most wouldn’t want to put themselves on the line over even if they were down next to nothing. They’d rather buy lottery tickets.
Renting forever. Yeah, I’d like to own a house, sure. But on the other hand, I don’t have to remove snow from my place, I don’t have to pay a repair guy to fix stuff when it’s broken, don’t have to mow the lawn, or maintain the swimming pool. If I have problems with my neighbors, I can complain to management and they’ll handle things discreetly without singling me out or involving me.
I suppose it depends on where you live, and what you’re paying, but while it’s not entirely ideal, it’s also not awful.
Seems like you’re describing renting in an apartment complex or similar. Not exactly an apples to apples comparison to owning a single family home.
Not that you’ve raised bad points. Renting does have the benefits you’ve described, though lawn care in my experience is hit and miss. The issue is getting these benefits must cost something. So long as having them doesn’t mean the rent is double the mortgage, then it’s worthwhile.
Otherwise, renting is just another more expensive option for all the people that can’t afford the upfront cost of getting into the housing market.
One would love renting because they’ve managed to find the sweet spot that is an area where things are relatively quiet and peaceful. Management actually cares. Tenants keep to themselves. Things are relatively retained in condition.
But if you’re living in a complex opposite of that, yeah you’ll hate everything about renting. Tenants who make you wonder how they scrounge enough money to pay monthly rents with how they behave. Management who you wonder how they keep their jobs with how they handle things and allow said problematic tenants to come rent from them. You’ll be getting e-mails of management telling you “oh, package room has to be monitored now because package theft is now a problem” or “we’ll be closing the pool down for the rest of the season because children and tenants can’t behave”
And just a bunch of other issues.
Which country? In France and Germany tenants are expected to do all of that by themselves. On top of financing their landlord’s cocaine, of course.
Edit: actually in Germany it’s often the opposite, landlords will tell you about how difficult it is to own a place while sucking your blood off. Shitty country
When stuff breaks, in France you call the owner and it’s his duty to repair.
Swimmingpool I guess it’s like cleaning the toilet or the fridge, it’s your job :-) as for annoying neighbours, either you try to wait it out, you contact them or call the cops.
Something like that, it delends a bit whete you are in France.
Je doute que ton proprio vienne changer un joint de plomberie, et la maintenance de la chaudière est à la charge du locataire, étrangement.
Effectivement, mais quand la chaudière claque, c’est à lui de le changer.
Edit: usure normale bien sûr.
I shovel the driveway when it snows, takes 20 minutes and is good exercise. I don’t pay a repair guy to fix stuff, I do it myself. I mow the lawn once a week and it’s a nice chance to get outside for half an hour. I don’t maintain a swimming pool since I don’t have one. If I have problems with my neighbors I make them brownies and talk to them. And all the money I pay into my mortgage is going into an asset, not some other fuckstick’s pockets.