mortgagoids are gonna go broke and they know it
mortgagoids are gonna go broke and they know it
Falling into your wing while paragliding is called 'gift wrapping' and turns you into a dirt torpedo pic.twitter.com/oQFKsVISkI
— Mental Videos (@MentalVids) March 15, 2023
paid $125k for my modest house on a 15 year loan
Make $70k
I think I’ll be fine
How's west virginia?
You already know the answer to that lmao. These flyover fags are too funny.
I don’t live in West Virginia
I’m happy with my situation, but I suspect you aren’t which is why you lash out like this.
>Whitest, most conservative state in the country
Yeah pretty terrible I guess
>mfw Euribor projections
>i need $95,000 cash to comfortably afford a mortgage on a 350k shitbox
i wish i had their problems tbh
>mortgagoids are gonna go broke and they know it
Why? My mortgage is locked in for the next 30 years. Sure taxes could go up and I need to swing a hammer a few times a year. But now as a mortgagoids I'm rooting on inflation because it makes my monthly payment cheaper. Market crashes, sweet I get to refinance at low interest rates.
I can't lose.
>Market crashes, sweet I get to refinance at low interest rates.
you have no idea how refinancing works, do you
the fixed rate mortgage confuses and enrages the perma rentoid
My house cost me 125k bong pounds five years ago. It's worth 180k now, with 90k on the mortgage. Earn 80k pre-tax.
Think I'll be alright lad.
why would that be? My mortgage is fixed and I bought at 3% interest. The price of other stuff is going up faster than my salary but all that means is i will delay some home improvement projects. My mortgage is cheaper than renting a comparable space since rents went up in the past few years alongside inflation while my mortgage stayed the same.
my mortgage is 3.125% fixed with 71k left
I make 94k pretax
how do you imagine i will go broke?
Sure, if you bought the top of the market like a retard and you live beyond your means, maybe.
>the rentoid says as his rent is literally over 2x the mortgage payment + taxes + insurance + tip
oh no, im shaking in my little capitalist boots!
Cope rentoid.
Don't forget rent is due.
>bagholding an illiquid asset during a recession is a good thing
>who cares if my taxes and insurance are rising
>seethe more rentoid lmao
Why are hoomers like this
>bag holding illiquid asset
get some help son
>who cares if my taxes and insurance are rising
you mean YOUR taxes and insurance. don't get cute with me rentoid, remember your two months deposit is on the line
How am I going to go broke with a 1.9% fixed interest rate while my pay keeps increasing? I just locked in a contract for 22.5% increase over the next 3 years lol.
I make 116k and my mortgage has 152k left at 3.25%. That said, I honestly want to move. I prefer to be a rentoid to owning a home. It's so much nicer not to have to worry about fixing crap. Plus since I'm WFH I could move to a new city every year and try out a bunch of new places, would be cool.
And with fixed interest rates, unless we get a lot of unemployment it won't be as bad. It might be fucked for the yuropoors who have variable interest rates.