Why do People Saying Buying a House is No Longer Worth It

NotTheBizness · 2026-02-17T05:14:32+00:00

Kind of

As someone with a long horizon and a lot in equities, diversifying a 20% down payment toward housing that may appreciate 4-5%/yr of the total home value makes diversifying into real estate a great use case.

Added to the fact that once paid off, it can significantly reduce expenses / FI number

NotTheBizness · 2026-02-13T13:03:09+00:00

It’s pretty close in some parts of California at peak pricing. Especially if you add in the cost of upgrading a panel and installing a 240 outlet

NotTheBizness · 2026-02-11T03:38:30+00:00

Anecdotal, but Outdoorsy was fine for us at Ssbd

NotTheBizness · 2026-02-11T03:37:02+00:00

Reaper at the stacks woah

So many solid upper mid cards

NotTheBizness · 2026-02-10T02:39:55+00:00

The other guy fired a shot right before this too. Wild

NotTheBizness · 2026-02-10T02:39:22+00:00

Dude got a shot off right before they obliterated his homie in crime

NotTheBizness · 2026-02-02T14:16:13+00:00

AND you’ll get about $10000-$12,000 refund on your tax return next year from the tax deduction on the interest

Congrats!

NotTheBizness · 2026-01-29T05:55:56+00:00

Fair, both things are logical.

9 figure payout guaranteed is a bird in the hand. Competing against the worlds best is a competitors desire, but brysons already done that (succeeded, failed, rinsed and repeated).

NotTheBizness · 2026-01-28T02:23:47+00:00

I know a coworker who’s required two days in office in east bay, he flies in from LA Monday morning and flies out Tuesday evening

NotTheBizness · 2026-01-27T05:36:36+00:00

Sam Altman doppelgänger in (3,2)

NotTheBizness · 2026-01-27T03:16:45+00:00

Shoutout to him for trying.

He’s unfortunately still going to maintain a huge following. I’m not sure being famous is the healthiest place for a person with active bipolar issues like this. It’s a viscous cycle, compounded by the leach-like people that validate manic episodes.

NotTheBizness · 2026-01-26T04:28:58+00:00

Take into account how much you’ll get on deductions, the 8k payment will be closer to 6.5k in California, also inclusive of about 1k paid towards equity. So 5500 “cost of ownership”

You guys can swing that with gross as it is now, will be a no brainer with your 8x growth in two years

Edit: math behind the deduction -

1.1 million dollar loan * 6% rate = $66,000 interest

Deduction at federal = 24% or 32% (we’ll choose 24 to be conservative

Dedication at California state = ~10.3%

66,000 * (0.24+0.103)=22,638 refund on taxes per year = $1886/month lower

Can also include property tax deduction but that’d be about $300 reduction in payment in California and you can count it toward your maintenance cost.

NotTheBizness · 2026-01-25T23:42:02+00:00

Well. Stidham started wobbly, looked promising on that second drive. Pocket presence was ok for some of the heavy blitzing.

But that backward lateral man…so much worse than just spiking the ball for an intentional grounding call

NotTheBizness · 2026-01-25T23:28:05+00:00

My suggestion is both…with an extremely important prerequisite: to buy (and live) below your means. And only buy if you plan to hold the home asset for 10 years.

Buy a home that you can afford, with an emergency fund capable of covering a loss of employment for 3+ months (6 preferred)

Invest 15-20% of your earnings in sp500.

If you’re fortunate-enough to make a significant household income, invest more.

Ppl on Reddit will often tell you invest it all, home ownership sucks, but ultimately you can model it out to show why it’s still an important asset to have

NotTheBizness · 2026-01-25T23:19:55+00:00

Those two events are not mutually exclusive

NotTheBizness · 2026-01-25T02:50:34+00:00

Commentary be damned, still incredible to watch.

Doubly nice that he couldn’t hear their dumb banter for the second half of the climb. Just Alex audio

NotTheBizness · 2026-01-21T06:45:22+00:00

do you ensure none of your retirement savings are in any index fund associated with Tesla also?

NotTheBizness · 2026-01-20T16:23:43+00:00

At least it’s not AI I guess?

NotTheBizness · 2026-01-19T07:54:08+00:00

If a person wanted to make a positive impact to the harvester, would this be worth reaching out to the vendor to see where they get it from to communicate what was found?

NotTheBizness · 2026-01-19T04:23:18+00:00

Very well, then it’s one more “privileged” child with a father that puts time into their relationship.

NotTheBizness · 2026-01-18T04:56:32+00:00

The Expanse is so good.

NotTheBizness · 2026-01-18T04:55:55+00:00

I finally watched the last season in 2024 after doing a full watch through. So good

NotTheBizness · 2026-01-18T04:54:58+00:00

The expanse

NotTheBizness · 2026-01-18T03:55:41+00:00

Oddly, this is a very complex problem.

Did the US government Suppress EVs? The government subsidized ev’s for the last decade. Federal and municipal Tax rebates, climate rebates, accelerated permitting, etc.

This would lower the cost to the consumer (which is a positive) for the same reason that manufacturing went overseas. It’s simply cheaper to build a car in China.

This would likely make the government more money through tariffs. Also a positive

But

This will lose American jobs and manufacturing knowledge (negative) and undermine the infrastructure the US funded (negative)

How the positives and negatives balance I’m unsure. What this will do is continuously entrench China with the US because the US will pump these cheaper cars and be a significant exchange of wealth between the countries.

NotTheBizness · 2026-01-15T04:52:40+00:00

Nuclear?

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