/lounge/ - sushi social

You are aware that most people here are stinky neets, right?

If you're planning to stay in the same place for a decade+, you'll almost always come out ahead buying. If you find a place you like, make sure to hire a reputable inspector to check if there's any issues before closing. Usually it's better to get an inspector unaffiliated with your real estate agent.

Make sure to budget for upkeep/repairs in addition to mortgage. When you own the house, it's up to you to fix things or hire someone to fix things when they break.

i am thinking about buying a 500,000 house this summer

I own an empty block of land that I can't do anything with until I get another proper "real" job.

sighhh

>>22230
>paying down debit for a decade boils down to the same as paying rent with the difference of owning the place in the end
My parents are telling me the same thing but I'm planning on killing myself in my 30s so I don't know how to explain them that renting is a better option for me.

>>22236
i planned to kill myself when i was 12, then i planned to kill myself when i was 16, then it was 17, then it was 21, then it was 24, then it was 27, then it was 29.5.

now I'm 32.

i hope you have more success in life than me.

>>22249
Same here. I was suicidal or on drugs or both throughout my 20s. It might be something you eventually grow out of, if you put in a little effort to find things worth to press on for.

For a long time I thought life only would get harder, but that is something you have partially control over, hence I decided to create safety nets for myself to not depend on a single rope anymore. Hope for the mediocre, prepare for the worst.

i went to a broker yesterday to borrow money, subject to the seller accepting my offer. it feels really scary, and also just felt insane to have gone from being a hikkineet to now trying to buy a place

I own a house that I am currently renting to a family member who is grateful to be able to rent from soneone they trust rather than a slimy landlord, but buying it was probably a bad idea for me. Getting a loan like that is way worse than I ever expected in a lot of different ways. Up front cost, down the line cost, slowness of actually paying it off, time, bureaucracy, privacy violation, etc.
It's not like animal crossing and now I feel a bit tied down by it now that my plans have changed.
I think its probably still something that will do me well in the far future, but I think I rushed into it and its going to stay a burden for awhile.

In house time a year or two isnt very long, so I suppose my advice is… if you've been in one spot for a couple years and are comfortable with that being permanent and want to focus on improving your future, then maybe it's a good idea to get a place there. If your life is still subject to change within that time scale and you want the flexibility and resources to accomplish things in the short term, maybe seeing how things go first is best.

>>22230
Are you talking a whole apartment building or just a condo? Not sure what country you're in, but maybe re-consider the low appreciation rates for condos if so