MGTOW living situation, rent or own?

[VectorParticipant 178]

I’ve been contemplating renting an apartment vs. buying a condo.  I don’t quite have enough money for a down payment for a condo yet, and I would rather own one.  As 1 man, I certainly don’t need a house the size for a family.  Should I live at home for another year or so and save enough for a condo, or bail now and get an apartment?  If I stay another year or two I can probably swing something decent, however my sanity of being 34 still at home is f~~~ing killing me.  I make a decent salary and have a few dollars saved and I’m confused if I should just bail now or wait until I can save enough to invest it in an asset.

I know plenty of you MGTOW’s rent, and some of you own your own homes.  As 1 man, I don’t need a house.  All I need is a 1 bedroom dwelling for my needs.  In all honesty, if I rent an apt, I will have my instant freedom, peace and quiet, sanity, and still have a few bucks in savings.  If I decide the condo route, I will be shelling out practically all my savings, and still would have a mortgage contract of 30 years, plus home insurance and all utility bills, ultimately putting me in more f~~~ing debt.

I’ve done the living with roommates/girlfriends thing in the past renting, and all I want is my own f~~~ing space to not have to deal with anybody!  The thing about apartments is, is it smarter to rent in a community building or some landlords 1st floor, or basement house?  A part of me feels that if I choose to rent from a landlord, I’ll just be making them richer and will have nothing to show for it.  For that matter I might as well just stay at home to save enough money, but living at home in your 30’s is pretty disgraceful when you’re a MGTOW looking at the world as your oyster.  You can’t bring girls home to f~~~, and you can’t tell them you live with your parents either.  Your sanity and fulfillment of being independent is handcuffed.   I’m looking to just date and f~~~…no relationships or marriage/kids.

[Puffin StuffParticipant 25021]

I don’t know much about investments and real estate but your living at home with your parents at age 33? Dude.

#icethemout; Remember Thomas Ball. He died for your children.

[DoinMyOwnThing40Participant 1000]

Very tough situation. If you bail now you will immensely increase the amount of pussy you get. But an apartment is a waste of money if you want to save for a condo. I don’t have the solution, I hate to say it.

Women are parasites. Each and every last one of them.

[GrumpyParticipant]

Just an idea, talk to your parents see if an arrangement can be made to “take over” the house whether buying or renting it, or another solution. Maybe they want to travel, or have ideas on what they would like to do. Perhaps a compromise of some sort regarding the “home” can be made that will allow everyone involved some freedom and flexibility with life, and still allow you the opportunity to live, and save for your own place. The options are only limited by your imagination, willingness, and financial reality.

There was a time in my life when I gave a fuck. Now you have to pay ME for it

[Tom YoungParticipant 48]

Vector wrote:

In all honesty, if I rent an apt, I will have my instant freedom, peace and quiet, sanity, and still have a few bucks in savings. If I decide the condo route, I will be shelling out practically all my savings, and still would have a mortgage contract of 30 years, plus home insurance and all utility bills, ultimately putting me in more f~~~ing debt.

You sound like you have a idea of what you want with that sentence there. Look, talkin from a ledge as a current renter. Renting isnt something you do for permanence, you do it as a way of transitioning. Im currently renting with my best friend and its a pretty chill house. Come the end of the year he will probably be moving to Texas or elsewhere to continue his welding career while i will be just finishing my welding school up. I plan to continue renting for another year or 2, and save enough money to build my own house as my first official residence. I don’t know much about condo’s, but my “house” being lumped in the immediate vicinity of a lump of people, no thanks. If you have plans to transition to a full home, rent.

[MadmanParticipant 772]

I dont think theres anything wrong with living with the folks. If my folks lived close enough to my job I would never have moved out. Do you know how much money you can save if you dont have to pay rent? Invest all that rent money instead and be sitting pretty.

[ExsliventxsParticipant 1067]

I’m 32 and living with my folks.

I left my crazy ass fiance in 2012 after I realized I was getting thoroughly f~~~ing shafted.

I had lived and worked on my own from 18-30.

I apply for graduate school in 3 months. Best damn choice I ever made, as for the pussy I’m not getting, who really gives a flying f~~~? Not me. If I wanted hot pussy I’d have stayed with the crazy bitch it was attached too.

[sidecarParticipant 35874]

Vector wrote:

all I want is my own f~~~ing space to not have to deal with anybody!

Well that’s not what you’re going to get with a condo.  Condos are for women who can’t be bothered to mow their own lawns and want a bulk rate on landscaping.  They are not for men.

Condominiums combine all the disadvantages of renting with all the disadvantages of owning.  Instead of dealing with a landlord who has his own enlightened self interest at heart, you’ll be dealing with a condo association full of busy bodies and idiots who are in it to stroke their own egos or run their own scams.  Worse yet, you are butting your own saved equity into the hands of those same idiots.

Single bedroom houses do exist if you’re willing to look for them.  Usually they’re in older areas and need some repairs, but that just makes them more affordable.  Some are great opportunities for flipping if you have any skills as a handyman.

Also there’s always the possibility of buying land and putting an airstream on it.  This is much more economical than buying a house in the city in many markets.  One of the advantages of being MGTOW are all the options available if you are only willing to explore them.

[Cipher HighwindParticipant 1144]

Advertisers on the propaganda media make more money if everyone leaves their parents’ home at an early age and buys an extra set of everything. Therefore, they shame those who do not.

If the situation at the parents’ house is tenable, stay there and disregard pussy. Spank the monkey, make the bald man cry, crank the yank…whatever you call it, do it and pussy will not even be on the radar.

The fuller one’s nutsack, the more full of s~~~.

[ExsliventxsParticipant 1067]

sidecar wrote:

Condominiums combine all the disadvantages of renting with all the disadvantages of owning.  Instead of dealing with a landlord who has his own enlightened self interest at heart, you’ll be dealing with a condo association full of busy bodies and idiots who are in it to stroke their own egos or run their own scams.  Worse yet, you are butting your own saved equity into the hands of those same idiots.

This couldn’t be truer, as a grandson to a woman who spent all her man’s money on condos and had NOTHING to show for it at the end. I can testify to this being an INCONCEIVABLE money sink.

[BONEParticipant 448]

Trust me if I wanted some pussy me “staying at home with my parents” (which is a shaming tactic) defiantly isn’t stopping it, pussy is as easy to get as weed these days.

[mgtow_85Participant 752]

I haven’t lived with my parents since I was 18. I am now almost 30, and live in my own apartment.

I actually prefer to RENT instead of OWNING a place. I don’t want to be tied down in a 30-year mortgage living in one place for the entire time. My current location SUCKS. Living in Utah feels like having your soul sucked dry. I plan to move out-of-state in a couple of years, and the best thing about renting is that you can always find another place that suits you instead of living in one location and dealing with the same problems.

Living at home with parents may not be preferable, but it’s a good way to save some money for your own life, and plus, MANY are doing so because they were tricked into thinking that a college education will automatically give them a spot in a high-paying job within a day after graduation. Instead, they’re $100,000 in student loan debt and can only secure a Retail job because high-paying jobs, if they have any openings, insist on EXPERIENCE with the position and no fancy college degree is going to change that. So many people end up having to live with their parents as an only option until they can get on their own two feet.

[Smacktalk73Participant 296]

Vector, listen carefully:

If you “buy” a condo but don’t pay for it, you are still RENTING.   You are just renting the huge pile of money you used to “buy” the condo.   The “rent” is the interest you pay on the mortgage.  And the big pile of money is NOT YOURS. You have to give it back.  But you don’t have it anymore — you exchanged it for the condo.   Also, the condo might not sell for enough so that you can get the whole pile of money back.  In which case you will be “upside down.”

The insane thing is, just 6 years ago, the housing market crashed and a huge number of Americans were wiped out.  But like little kids we DIDN’T LEARN OUR LESSON.  We are still hugely over leveraged in home “buying.”

Rent honestly.  Don’t pretend to be a home owner until you can actually OWN.  When the market crashes again, you will thank me.

[sidecarParticipant 35874]

Smacktalk73 wrote:

The insane thing is, just 6 years ago, the housing market crashed and a huge number of Americans were wiped out. But like little kids we DIDN’T LEARN OUR LESSON. We are still hugely over leveraged in home “buying.”

Well what do you expect when we have a government willing to put the taxpayers trillions of dollars in debt to “protect housing values” and “save the housing industry”?  What they really mean when they say that is they want to protect inflated prices to maximize mortgage profits for banks and especially maximize property taxes.

[Wandering MGHOWParticipant 551]

My biggest issue is my pitbull. He is my everything, and I consider him a son. He is my only true friend in life and the only other living creature I trust (other MGTOW men are 2nd on the list, but my dog is #1).

 

Problem is, most apartments won’t allow him. The other issue is that even if they did, he would have no land to run on and that’s not fair to him. I’m kinda stuck and am having trouble deciding. One thing I know for sure is that I need to move the f~~~ out and be on my own again for the sake of my own sanity. But buying a house with a backyard is expensive. Any advice?

[Cipher HighwindParticipant 1144]

To rent is to p~~~ money away, usually to some unscrupulous spinster who tries to trick tenants in to paying a month’s rent twice.

Effective 1 June, I will be living out of this thing:
.

[Beware the LamiaeSpectator 89]

So what if he’s upside down in 10 years if the condo loses value? You can still sell it, keep the equity. If you rent for ten years, you’re lucky to get a measely security deposit. I’d rather walk with several thousand dollars than with my dick in my hand.

Im in condo, 15 year mortgage, got a great deal because I bought it from the company I work for. I culd care less if the value decreases because I own. The cash I pay goes in a circle back to me, not in some rich guys pocket. Even if I sell in 15 years for a 90% loss, Im still out on top compared to a f~~~ing renter! Why would I sell though? Either live there or rent it to someone.

Im 29 and in poverty. Make less than 30K a year. I got the chance of a lifetime from a friend. That was the chance to own where I live instead of being a chumpass lesser.

Dont listen to these guys. Bite your lip, save up, own your space. You have to pay wherever you live, may as well have something to show for it in the end!

F~~~ trying to pussy beg! This is my house, no f~~~ing women are allowed here! I value my independence and you should too. Having your own space doesnt bring you more ass. If thats your intention then youve already lost.

Save and own. Graduate to mgtow stage 3. Live free. Once you own, you pay the proerty tax, utilities and HOA dues only. Thats like $500 a month here in Dallas! Your idiot renter neighbor who makes 100K a year will still be paying his $1000 a month rent.

 

[нσтησσвParticipant 830]

Owning is always better than renting.

Say you have a $200k place \w 20% down and a mortage rate of 3%, your looking at around a $650/mo mortage payment.
Of that payment, starting off $350/mo will go to interest, and the rest goes towards paying off the place ( AKA, ASSETS, AKA Your Pocket )
Add on the taxes, condo and utilities and that’ll be your actual “rent”

So, you can either rent a place for $1500/mo and get nothing back…
Or, buy and “rent” it to yourself for $1000/mo and get $300/mo back. Get a roommate, and turn it into $800/mo in returns, tax free – inwhich case you would profit $150/mo \w free rent for yourself.

So, $700 of  “rent” per month, vs $1500/mo.

This is not including the fact that overall on average ( 10+ years ) the value of your proprty will increase anywhere between 3-10% per year.
Then of course, minus inflation of 1.5-3%.

Owning is ALWAYS more profitable.

The difference between owning in renting is getting that down payment of 5-20% ( i recommend 20% for max security vs banks, but 10% is also acceptable, \w 5% down don’t be surprised if your bank takes away your home during a economic crash )

As a home owner, you can always choose to rent out your place to someone else and use that money to rent out another place; however you’ll then have to pay taxes on your income from that property.

Oh, and just to add in the MGTOW aspect; if you happen to get married and you get f~~~ed via divorce; atleast you’ll have half of something, instead of half of nothing 😛

My Goal: To Leave Society.

[Gen.OivanParticipant 88]

I would stay at home, save for some property and buy it, then build your own home, you get the best of all worlds, a house you built with your own hands and no mortgage payments. The house would be designed to your liking with 1 f~~~ room, 1 pool room, 1 arcade room, and living room with a attached kitchen complete with a stocked bar and futon to sleep on. If you plan everything properly you can even go off-grid, or semi off-grid.

however if that route is not viable, then I would have to analyze further, I personally don’t look at buying a house as an asset or adding any value to my portfolio, for some reason we think backwards with homes, everything else we buy and use is a depreciating asset, why is a house no different; they have wear and tear, the fall apart, get infested with pests, require lots of maintenance, furnaces/Air conditioning units break and cost hundreds to have someone fix if you don’t know how, floors get scratched and need refinishing.  Don’t get me wrong some homes can be beautiful, but they are like classic cars, they cost a ton of money, are high maintenance and there are very few of them.

I personally like the renting option, yeah it’s not mine so I can’t knock a wall down if I’m p~~~ed, but I have much more free time to pursue my hobbies and leisure activities, I don’t worry about the “lining another person’s pocket” because no matter what we do in life that is all that happens anyways, our jobs just line some else’s pocket, whether it is government, business owner, CEO or shareholders.

[нσтησσвParticipant 830]

Gen.Oivan wrote:

however if that route is not viable, then I would have to analyze further, I personally don’t look at buying a house as an asset or adding any value to my portfolio, for some reason we think backwards with homes, everything else we buy and use is a depreciating asset, why is a house no different; they have wear and tear, the fall apart, get infested with pests, require lots of maintenance, furnaces/Air conditioning units break and cost hundreds to have someone fix if you don’t know how, floors get scratched and need refinishing. Don’t get me wrong some homes can be beautiful, but they are like classic cars, they cost a ton of money, are high maintenance and there are very few of them.

The price of which you rent, includes the costs of maintenance; else it would never be rented out in the first place; basic economics.
Owning and renting will always be more profitable than just renting. You’d have to be a complete failure at life to lose money when compared to renting; which is explained in my previous post.

Nextly, you can greatly decrease your maintenance costs by doing things yourself.
Tell me, would you rather take 5 seconds unclogging your toilet with a $10 plunger or spend $300 to get a plumber to unclog it?
Albeit a bit extreme, but you won’t believe how many women can’t unclog a toilet lol.

Anywho, much like a car, everything thing when maintaining a home is actually, EXTREMELY EASY!

When you do an oil change on your car, what exactly is involved?
You undo a bolt, wait a few minutes, and fill it back up… and every other time replace the oil filter ( you unscrew it, and screw another one back on, no tools required )

So, say you have to replace your floor or so, a contractor would charge something stupid like $5000-10000 to have new wood laminate put on.
What exactly is involved?
#1, remove the old flooring
So… yeah… you grab a hold of the carpet and LIFT – most carpet is held in by little nails / tacs… not much keeps it down.
Or, say you have laminate, take off the floor boards, and literally pick up the laminate as if you were picking up a piece of wood off the ground… if the laminate is glued, same thing but with a bit more effort.
Or! you have hardwood; well… either you build on top of it, or you sand it off and re-finish it ( aka paint / stain it )

#2, replace the old flooring
Pull out a saw, start cutting. The thing about laminate is that you need to leave a few cm of space between the walls, so you have to fail pretty hard with a saw to screw it up lol.

So, DIY, cost yeah $1500-2000 and an afternoon vs a contractor, $5000 – $10000, and wasting several days for the contractor to quote, come back, f~~~ up a couple times, and then finish it.

—

You do also have to remember, that when you buy a house / place / whatever, you are also paying for the land. It doesn’t matter if your home depreciates to 0 after 50 years; the land will have gone up more than enough to cover that – on average.

Remember, Over population, increased standard of living, and greed. What does that spell? Land prices will always go up… on average.

My Goal: To Leave Society.

[Author]

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