💬 OT Officially new Official Bored Thread

[FirstWorldProblems]

woe is me

 

[Yaj Yak]

Yes its not all the same but kinda. For fuck sakes you all know how a mortage works on a property.

Take mortgage for house aka property. Said property appreciates. Gains equity over time.

Credit debt doesnt.

Comparing the 2 is entirely pointless but here we are on TCG.

Id rather have a 300k mortgage than even 20k credit card debt.

You all do you.

Pretty hard to lose money on property.

it's funny that you're assuming the property appreciates. i didnt even read past that.

 

[Yaj Yak]

what's worse, i longer haz any "debt assets". only "debt debt".

debt assets ftmfw

 

[FirstWorldProblems]

*searches creditkarma for my debt asset to debt debt ratio*

 

[Yaj Yak]

*searches creditkarma for my debt asset to debt debt ratio*

i tried googling "debt asset" with quotes to just see the hilarity that came back and i broke google.

 

[Rent Free]

it's funny that you're assuming the property appreciates. i didnt even read past that.

LOL what property depreciates?

 

[Yaj Yak]

LOL what property depreciates?

oh wow you actually don't get this

 

[Jimy Bilmo]

*searches creditkarma for my debt asset to debt debt ratio*

They have it right next to DEEZUZ feet pics.

 

[Rent Free]

Man N20GT is really gonna be fucked when that brand new house depreciates.

 

[Rent Free]

oh wow you actually don't get this

Ive never lost a cent on the 3 houses Ive had.

If people are losing money on property thats something special.

 

[Yaj Yak]

Ive never lost a cent on the 3 houses Ive had.

If people are losing money on property thats something special.

yeah no one has every lost money on property ever. good call.

 

[Rent Free]

yeah no one has every lost money on property ever. good call.

View attachment 128093

Just like stocks......

You only lose when you buy high sell low.......

 

[Yaj Yak]

that dip?

didn't actually happen. fuck allyall

 

[Rent Free]

that dip?

didn't actually happen. fuck allyall

View attachment 128094

Seems to have rebounded nicely since 2009....

 

[Yaj Yak]

gulp.

 

[DEEZUZ]

Man N20GT is really gonna be fucked when that brand new house depreciates.

1.4 to 1.35 mil.

Maybe..


Maybe

 

[Rent Free]

Guess everyones really gonna get raped in this recession when the housing market crashes too.



I dont think housing crashes anytime soon.

 

[Rent Free]

gulp.

View attachment 128095

Is this not inflation? Price of materials everythings up.

 

[boostedguy05]

CC debt you can just say fuck you and in 7 years it disappears and you still keep all the shit.

try doing that with a house.

Nope. Depending on the company and the amount owed. They garnish your wages and make you pay it back.

 

[Lord Tin Foilhat]

Nope. Depending on the company and the amount owed. They garnish your wages and make you pay it back.

what wages

 

[boostedguy05]

what wages

 

[Lord Tin Foilhat]

does LINK and EBT count? cause that would be fucking hilarious

 

[smug]

What’s with fucking boomers having the ringer on the cell phone full fucking blast in a restaurant.

 

[DEEZUZ]

What’s with fucking boomers having the ringer on the cell phone full fucking blast in a restaurant.

What's worse is when they pick the phone up, with it blasting the ringer, looking at it trying to see who it is. Then they don't answer and it just rings and rings.

 

[DEEZUZ]

This with brown paper towels is what my boomer ass Co worker was cleaning the chrome on his car with.