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0 pointstriceratops8d ago0 comments

I said they were inventing fantasy scenarios.

The actual numbers might be more like rent $1400 vs mortgage $1000. After property taxes, insurance, and maintenance there might be $50 left. A handsome 3.5% profit, rising to maybe 6-7% if you include principal paydown. This is hardly a money-printing machine. It's a steady return for taking on some risk.

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TimorousBestie8d ago

Ah, I see, you wanted to split hairs on the numbers. Fair enough.

triceratopsOP8d ago

It isn't splitting hairs. The numbers actually matter.

TimorousBestie8d ago

It’s at risk of becoming a fractal of splitting hairs. Substituting your numbers in for theirs doesn’t change much. It’s still more expensive to rent.

Kind of an unhelpful tangent to the discussion, really.

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albedoa8d ago

?? How in the world is it splitting hairs to point out that those numbers don't make sense. It is directly relevant to the question of how many Americans want to rent. You don't need to be like this :(

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0 pointstriceratops8d ago0 comments

I said they were inventing fantasy scenarios.

0 comments

TimorousBestie8d ago

Ah, I see, you wanted to split hairs on the numbers. Fair enough.

triceratopsOP8d ago

It isn't splitting hairs. The numbers actually matter.

TimorousBestie8d ago

It’s at risk of becoming a fractal of splitting hairs. Substituting your numbers in for theirs doesn’t change much. It’s still more expensive to rent.

Kind of an unhelpful tangent to the discussion, really.

2 more replies

albedoa8d ago

j / k navigate · click thread line to collapse