How deeply in debt are you?

[FatherSioux]

Remember, any inequalities present in a system are due to a racist system. Human agency isn’t real and free-will is a far right conspiracy.

[Toehammer]

Originally Posted by imperiouskitten [You must be logged in to view images. Log in or Register.]

whats a CAP rate

also, i'd reconsider mortgage for house if kids were involved btw but breederism is its own discussion

CAP rate is basically the ratio of profit to purchase price (usually discussed in real estate). If you get 12k in rent, spend 2k in operating costs, on a rental property you bought for 100k, it would be (12-2)/100= 10% CAP rate. It is basically the profitability as an investment. It is just another (not so fancy) finance term for rate of return after costs.

The main reason a mortgage is a good investment for the average person is because the average person is terrible and saves almost nothing... the mortgage is like a forced savings plan that reduces in cost over time. However, the opportunity cost of a mortgage compared to simply renting a cheaper place and throwing surplus in a broad market stock index like VTSAX or SP500 is shocking.

Also to those above who suggest leveraging mortgages... tread lightly!

[HalflingSpergand]

If u buy a 600000 dollar house u pay 1 million for a wood box

[Gwaihir]

Originally Posted by FatherSioux [You must be logged in to view images. Log in or Register.]

Remember, any inequalities present in a system are due to a racist system. Human agency isn’t real and free-will is a far right conspiracy.

Sounds legit

After all

2=3
Because inequalities is racist n shiet

[imperiouskitten]

its weird how pre-loss Trumpers were like pretty tight lipped on their racism. I felt like I was the only racist left. now that it's over we're back to "din du" talkies

[Tunabros]

god this sounds all so scary

[Cassawary]

did we decide debt is good yet? i'm bored of this idea

[Jibartik]

2% interest rates, yes it is very good.

[Cassawary]

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

2% interest rates, yes it is very good.

i think you have to beat interest to win at money?

might be inflation not too sure

[Kaveh]

Debt is bad actually, usury being illegal was the right idea