Also works as obese woman with crayon color hair dye

The same room I pay 1100 for now was 600 a few years ago.

I haven't physically collected a tribute for years. My properties are in different countries, to absolutely optimize the tax I pay on rental income.

One of my properties - I am actually considering knocking down and building a block of 6-8 nice units.


Choices, choices. Of the sort that present themselves to Lords of the Land.


2 DAY WARNING

LOL at your room being more expensive than all my bills combined for my HOUSE. (Ded fkn Srs)

Just leech off your parents. EZ life.

Rentcels and mortgagecels are two sides of the same coin. Either way, you're paying through your ass for something you don't need. You had a home. Your parents paid good money for it. Why bother leaving? Why waste a ton of money on another property? Then, when your parents kick the bucket, you're just gonna sell off their home. Total waste of money. Srs.

I guarantee you half the bankers and landlords you're paying out to sat at home and saved until they were so ridiculously wealthy that they could leave without being cucked. Housing is by far the biggest expense you can possibly have. You gain so much by not wasting money on it.

People in Asia live this way and have done so for centuries. The West is retarded srs. Your entire way of life is manufactured cuckery at the behest of bankers and corporate overlords. If I had kids, and we had the same big ass house, I'd never want them to move out. There is plenty of privacy for their lives. And having family around makes a lot of sense for help with chores etc. It is how humans were meant to live. Why would you not want to be around your family?

It's so bizarre. People move out and then throw their parents in nursing homes and talk to them like once a year, and they take insane amounts of debt to do this. All because some banker told them it's "normal". LMAO cucked.

Lots of homeowners where I am are now paying rent to the bank because of variable mortgages that are only covering the interest, so zero equity coming while their house value has dropped 20%. And their mortgage rent is almost double the cost of renting the same place when you include all the other taxes and insurance. So I guess that was a good investment, right?

fkn lmao

i haven't paid my mortgage since like december 2019

can't imagine doing it now

The fear of rent coming due from rentcels from earlier in the week has suddenly turned to anger. I have heard a couple rentcels this morning complaining in the most vial way about having to pay rent "so close to pay day." Really sad that not only they wake up every day as a rentcel, but they also are apparently live paycheck to paycheck.



Fellow Lord's of the Land, show some compassion to these poor souls. But do not allow the tips on top of your rentcels rent be reduced.

Low test life of a loser. Plus you assume here no landlords have rich parents, which is also...losercel tier assumptions.
Child please. Lords of the Land move from a position of power; and rentcels move from a position of necessity. The latter pays for the former. Lords of the Land have their main home, and rental properties as well. Hence, Lord of the Land.

Your post history is a sea of cope, much like your idiotic posts about China, and the "West", hence your cope username.

Feels *good* to own properties around the world outright. Read posts before replying to threads, child.

Year ARM Market Share (Approx.)1 Average 30-Year Fixed Rate2 Average 5/1 Adjustable-Rate3
2000 30% 8.05% Not Listed
2005 35% 5.87% 5.32%
2010 7% 4.69% 3.82%
2015 5% 3.85% 2.94%
2020 3% 3.11% 3.08%
2022 10% 4.52% 3.45%

so 3% and 10% is lots now?

And every jurisdiction where I own an investment property is seeing rent increases - and breaking historical records month to month.


Back to back Lords of the Land champs - roll call!

But free healthcare right? Imagine being on a wait list to get an MRI and your interest rate doubles and you go vote for Fidel Castro's bastard child that is your Prime Minister.

Exactly.

And,

The assumption that Lords of the Land even have mortgages is absurd - to begin with.

The further assumption that the mortgage cost isn't factored into the rent calculation - another absurdity.

The even further assumption that folks putting up hundreds of thousands in equity / generating that equity using income (inclusive) don't understand investment - yet another complete and utter low IQ absurdity.

We had one rentcel here already brag "live off ur parents" - we really are dealing with bottom-of-the-barrel Low IQ plebs in this context. Yikes.

buttt i invest the difference!!!!

Nothing says "good investment" than perpetually paying for a service which could otherwise constitute an investment.

Nothing.

OP needs to start posting receipts

It's obvious his parents owns the properties he claims to own LMAO

His posts are way too immature

There are Miscers who know who I am IRL - but funnily enough 'rent' doesn't come up when we speak, lol.

Like who?

All my IRL interactions with miscers are about property development

We just rent the houses out temporarily because of the way our tax system works

If that were the case this thread wouldn't exist

So there are miscers here that are actually paying OP rent? Lmao

Lovely time of the month for the lords of land when the rent cucks make our mortgage payment for us ( plus a tidy amount of profit on top)

Might upgrade the car, what are the rest of you landchads doing with your profits?

I mean, I speak with some fellow Miscers IRL about asset management broadly.

But from a position of power. No rentplebs or serfs allowed.

Hey look, it's the same people bragging about owning properties who don't actually own any.

Reality check:

Feel free to provide proof you actually own anything. But you won't.

And my COL is literally half of what it would be for the same house if I owned it. I'm fine with being a rentcel at that price.

Date of Tweet: 2018. Man, you really got me.

Thanks for confirming you are not an actual property owner and just trolling in these threads.

Imagine how poor you need to be - that the thought of rental and investment properties makes you screech "no way". LOL.A more up-to-date guide for rentcels "might" help you, but you're too far gone:

https://www.cnbc.com/2022/08/20/how-...nt-in-nyc.html

Rentcels are mad this morning. On one hand, it's pay day for a lot of them. On the other......their entire check is about to go into their landlords bank account. TFW you know checks are about to come rolling in. Cheers fellow Lord's of the Land.