That black bitch complaining that her salary isn't enough to cover her $8k a month rent is the epitome of entitlement. Nevermind living above your means, why the hell is she renting when, as a professional athlete, she only has a decade at best of peak earning potential? One bad pivot and she can tear her ACL, which women are more vulnerable to than men, and her career is over.
Renting often makes sense for professional athletes. They can be traded any time. Their career can end any time. They spend much of their time in other cities. Many don’t spend more than a year at a time in one place.
Living above your means, or burning that much money in rent, period, is moronic.
Renting also can make sense for people who are not going to stay in place for long.
I've seen different analyses, and it of courses hinges on whether property values are going up, down, or staying the same, but the usual numbers I've seen are that ownership makes sense if you will be there for 3+ years.
I know cuz I did it for years. You pay 20k in fees at least every time you buy or sell if you do it the standard way
You don't have to. But then you're getting into "work as your own professional" territory, and you can slow build your own house at that rate.
Nah you can pay a landlord not to maintain their property. Who doesn't is not who you'd think it'd be. It's the highly sophisticated ones who know that properties are a pit. Rentals: you just trash until it's time to sell to someone who will gut it. Nice rentals only make sense as a temporary arrangement, and I have done that too : acting as a resident property manager / housesitter for discounted rent. Typically renting from someone who lives out of town.
That black bitch complaining that her salary isn't enough to cover her $8k a month rent is the epitome of entitlement. Nevermind living above your means, why the hell is she renting when, as a professional athlete, she only has a decade at best of peak earning potential? One bad pivot and she can tear her ACL, which women are more vulnerable to than men, and her career is over.
Renting often makes sense for professional athletes. They can be traded any time. Their career can end any time. They spend much of their time in other cities. Many don’t spend more than a year at a time in one place.
Living above your means, or burning that much money in rent, period, is moronic.
Renting makes sense for people that can't afford to own.
Renting also can make sense for people who are not going to stay in place for long.
I've seen different analyses, and it of courses hinges on whether property values are going up, down, or staying the same, but the usual numbers I've seen are that ownership makes sense if you will be there for 3+ years.
Its true if you move around a lot. The issue is establishing anything if you move that much.
I know cuz I did it for years. You pay 20k in fees at least every time you buy or sell if you do it the standard way You don't have to. But then you're getting into "work as your own professional" territory, and you can slow build your own house at that rate.
Also makes sense for people who are incapable of taking care of necessary maintenance of a property on their own.
You can pay for that just like how you pay for it through renting.
Nah you can pay a landlord not to maintain their property. Who doesn't is not who you'd think it'd be. It's the highly sophisticated ones who know that properties are a pit. Rentals: you just trash until it's time to sell to someone who will gut it. Nice rentals only make sense as a temporary arrangement, and I have done that too : acting as a resident property manager / housesitter for discounted rent. Typically renting from someone who lives out of town.
It's a black hood rat from Baltimore.
That's the most damaging person to pay. Imagine being the neighbor of this 8k in rent place.