Comments by "Fumble_ Brewski" (@fumble_brewski5410) on "" video.

  1. While renting may seem more affordable upfront, it does not contribute to a person’s net worth. Renting involves paying for a service, in this case, housing, without any long-term return. Over the years, rent payments add up, and that money is essentially gone forever, with no equity gained in exchange. Homeownership, on the other hand, acts as a forced savings mechanism. Each mortgage payment contributes to building equity, and rising home values can further amplify this wealth. The stark truth is that homeowners’ median net worth is about $400,000, compared to just $10,400 for renters. Is it any wonder that the elites want to reduce everyone to renter status?
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  2.  @mysterioanonymous3206  You don’t keep “trading up” forever. Sane people buy the best home that they can afford at the time in their lives when they need it the most, and they stay there as long as possible. THAT’S the secret to conserving capital and building up one’s net worth. Go ahead and be a renter if you so choose, but you’ll always be at the mercy of some landlord, making that person rich at your expense.
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  3.  @mysterioanonymous3206  So choose to reside where you can afford to live within your means. Simple, no?
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  4.  @fizmath935  Not a valid comparison. “The biggest companies” (corporations) get to write off most, if not all, of these items as business expenses. Besides, office space is a commercial, not a residential matter. Private citizens do not normally live in offices, they live in homes. As for insurance, property tax, etc., renters are paying these items indirectly to landlords as part of the hidden cost of their monthly rent. Sure, I could sell my home and start renting, but in my locale that would mean my housing expense would double or even triple over my current mortgage payment. And if I get too old (or too lazy) to do my own property maintenance, I can still hire others to do it very cheaply and still have plenty of money left at the end of the month. Your argument doesn’t hold true in real life.
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