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ChuckcZar
@teksavvy.com

ChuckcZar to hm

Anon

to hm

Re: Voltage Versus Teksavvy, Round 2 Continued

With the present real estate crash this gives owners even more incentive to sell before losing their house/houses and declaring personal bankruptcy. Renting is in and owning is out for probably the better part of the next 25 years. Remember the owner gets the letter not the renter. Renters will be the *new* upper class.

An0nym0us
@acanac.net

An0nym0us

Anon

said by ChuckcZar :

With the present real estate crash this gives owners even more incentive to sell before losing their house/houses and declaring personal bankruptcy. Renting is in and owning is out for probably the better part of the next 25 years. Remember the owner gets the letter not the renter. Renters will be the *new* upper class.

you're kidding right?

CanadianRip
join:2009-07-15
Oakville, ON

CanadianRip to ChuckcZar

Member

to ChuckcZar
said by ChuckcZar :

With the present real estate crash this gives owners even more incentive to sell before losing their house/houses and declaring personal bankruptcy. Renting is in and owning is out for probably the better part of the next 25 years. Remember the owner gets the letter not the renter. Renters will be the *new* upper class.

I'm pretty sure if you mortgage for 25 years, your mortgage payment will be $ 0 at the end and your Rent payment will be chugging along.

I'd love to see your math on how that works out though.

hm
@videotron.ca

hm

Anon

said by CanadianRip:

I'd love to see your math on how that works out though.

I think that would require a couple of hits of acid.
Ree
join:2007-04-29
h0h0h0

Ree to CanadianRip

Member

to CanadianRip
said by CanadianRip:

I'm pretty sure if you mortgage for 25 years, your mortgage payment will be $ 0 at the end and your Rent payment will be chugging along.

I'd love to see your math on how that works out though.

Straying off-topic, but the math isn't as simple as that. Rent may be cheaper, houses have additional costs (property tax, maintenance, possible to rent with heat and hydro included so that could be extra if you own), home values may depreciate, many people like to upgrade so they end up paying a mortgage for far longer than 25 years...the list goes on.

Personally I still prefer owning to renting, but renting isn't as horrible an idea as some people think.

El Quintron
Cancel Culture Ambassador
Premium Member
join:2008-04-28
Tronna

El Quintron to hm

Premium Member

to hm
said by hm :

said by CanadianRip:

I'd love to see your math on how that works out though.

I think that would require a couple of hits of acid.

I'd like a sprinke of blue microdots on that fantasy ice cream cone please.
funny0
join:2010-12-22

funny0 to An0nym0us

Member

to An0nym0us
said by An0nym0us :

said by ChuckcZar :

With the present real estate crash this gives owners even more incentive to sell before losing their house/houses and declaring personal bankruptcy. Renting is in and owning is out for probably the better part of the next 25 years. Remember the owner gets the letter not the renter. Renters will be the *new* upper class.

you're kidding right?

WRONG
you get a net account you get one in your name
thats yours not suddenly a home owners liability cause if that the case as its his house he can then bar you form allowing cable or phone lines into your rooms ....
and paint the walls to prevent wireless signals.

ME thinks that won't be popular...NOR is the law....

you own a car , i rent it and smash it
your saying the owner of the car is liable?
LOL nope i am....

ChuckcZar
@teksavvy.com

ChuckcZar to An0nym0us

Anon

to An0nym0us
Toronto real estate crash in present time.

»guava.ca/

Under over is a 40 percent decline for houses and 65 percent for condominiums.