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If I stay in a Hilton or a Marriott, I'm their guest. But unless I'm redeeming frequent-traveler points, most assuredly I'm still paying for the room.
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I'm with Jimi - just like it doesn't matter that real estate people like to market "homes" when what they are selling is houses, it doesn't matter that hotels want to call you a "guest" when you are really simply a customer.
Shopping-around in my current locale, I find that just the property tax alone, on a viable house, would cost me about as much, as would my apartment rent. In other words, if a free house were to magically fall out of the sky, requiring no maintenance and no insurance, then the taxes alone, would amount to my current-costs, as a renter.
My area is the opposite. I pay less in mortgage, insurance, and taxes than it would cost to rent an equivalent property. Even apartments cost more than my all in house payment.
I'm with Jimi - just like it doesn't matter that real estate people like to market "homes" when what they are selling is houses, it doesn't matter that hotels want to call you a "guest" when you are really simply a customer.
Of course the fake-familiar, smarmy terminology of "guest" is disingenuous. But at least it confers a token of respect. The landlord-tenant relationship bespeaks a Medieval gradation of rank and dependency.
Perhaps you've hit upon it... what about "customer"? As a renter of an apartment, I am a "real estate customer".
Of course the fake-familiar, smarmy terminology of "guest" is disingenuous. But at least it confers a token of respect. The landlord-tenant relationship bespeaks a Medieval gradation of rank and dependency.
Perhaps you've hit upon it... what about "customer"? As a renter of an apartment, I am a "real estate customer".
Maybe the totally accurate and descriptive lessor/lessee would be best.
My area is the opposite. I pay less in mortgage, insurance, and taxes than it would cost to rent an equivalent property. Even apartments cost more than my all in house payment.
Only people who haven't experienced a market implosion would consider another one a stroke of luck.
A recurrence of 2008--2012 is nothing to hope for.
To me, they're usually jealous haters or are hoping to get in cheap. It's like the people that root for stocks to fail. Just because you missed the boat doesn't mean everyone else should suffer.
To me, they're usually jealous haters or are hoping to get in cheap. It's like the people that root for stocks to fail. Just because you missed the boat doesn't mean everyone else should suffer.
Exactly
The permanent bears , non investors and doomsayers here can’t wait to say see I am right …..
They missed the run up and now wish for everything to collapse so they don’t feel like they were foolish
We're currently in a ridiculous real estate bubble. With luck, it will burst soon.
Where?
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