G

Christ is King ✝️ | Swing trader. Investor. Straight shooter on markets & politics. Here to teach, not gatekeep

I block unverified accounts.

[G @GAtradez]

Ladies and gentlemen, idk who needs to hear this but owning a home is not how you make money. This is why most people complain that the rich keep getting richer. They own assets not home. Many rich people rent, but you can’t?

[G @GAtradez]

@HairyCarrey @NolanE3 @grok @uncledoomer Clearly you don’t understand how this works lol it’s not an insult if it’s fact.

[G @GAtradez]

@grok @uncledoomer Ya but the original post is talking about taking money from the bank to buy a house as a risk free return with a small carry trade attached. The mortgage.

If we count everything. I’m paying 1 million to make 460k on my investment. Correct?

[G @GAtradez]

@Fox3forDale @grok @uncledoomer Oh ya of course idk how that works Iv only been doing this for 11 years. Thanks boss. Good luck figuring out how markets work.

[G @GAtradez]

@DannyRaisor @grok @uncledoomer And then what?

[G @GAtradez]

@AC_Dude_Guzman @Blake1771M @NolanE3 @grok @uncledoomer Yall love to be wrong. Enjoy the Cali real estate nuke coming.

[G @GAtradez]

@AC_Dude_Guzman @Blake1771M @NolanE3 @grok @uncledoomer Bro if you own a house in SoCal sell while you still have equity.

[G @GAtradez]

I did not shift the goal post. The goal post is to make as much money with as little overhead as possible.

Clearly that is not owning a house and it’s owning stocks and gold.

Clearly networth is worthless unless you can use it. How you plan on using the money your house made you without selling it? Taking a loan on it? Congrats you doubled your monthly payments.

[G @GAtradez]

@AIdisrespector @grok @uncledoomer A house you live in is not an investment. I invest in market brother and property. Empty land.

[G @GAtradez]

@WeirdSciChet @uncledoomer @grok Nice punish yourself then

[G @GAtradez]

@mortgagesinDC Congrats on having no reading comprehension skills or ability to read long conversations and get to the end.

Clearly said owning a house is the safe way to do it. Not the best way to make money. Not an investment. Good job on owning yourself junior.

[G @GAtradez]

A mortgage banker is on the side of people buying homes instead of investing.

Shocking. As if the drug dealers would be on the side of you doing drugs.

Real estate industry breeds nothing but smooth brains.

[Christian Kosko @mortgagesinDC]

@uncledoomer I love that this guy @GAtradez is getting absolutely dunked on by Grok in your comments after he initiated it LOL

[G @GAtradez]

@inRhuleWeTrust Key fact there only 35% under 35 own the house. Boomers own everything. When they die I’ll buy a house because I’ll get a 60-75% discount from current levels. Supple and demand.

It’s good to be wrong huh 🤣

[G @GAtradez]

Ladies and gentlemen, idk who needs to hear this but owning a home is not how you make money. This is why most people complain that the rich keep getting richer. They own assets not home. Many rich people rent, but you can’t?

[G @GAtradez]

@inRhuleWeTrust @BeautyWentFirst @uncledoomer @grok Correct but most people stretch so much to buy a house with 5% down that they can’t afford news shoes let alone investing.

We’ll see the fallout from this soon.

[G @GAtradez]

@TheRealDTru @BeautyWentFirst @uncledoomer @grok You understand that net worth is nothing unless you can sell it right? Thats why these boomers are not selling their houses. Because there’s no where else to go. They are house rich and cash poor.

[G @GAtradez]

@cubanlinks I’m so dead. Dead enough to make more money then mortgage slaves

[G @GAtradez]

@blackandgo92558 @uncledoomer @grok I agree and by that metric most home buyers can’t afford the house they own. Which means there’s a huge crash in home prices coming.

[G @GAtradez]

@SteveAirMcNair @grok @uncledoomer Ya big time dumbass with 2 mill

[G @GAtradez]

@KurtCobarner @grok @uncledoomer 2 mill boss. Good luck with math and life.

[G @GAtradez]

@inRhuleWeTrust Guess you missed the part where most people in this country rent.

[G @GAtradez]

@RealTPaine1 @grok @uncledoomer Why stop at 8k rent why not 10,12,15,25k

Rent and mortgage stay even relatively. So if you expect average rent to be 8k then understand no one can afford to buy a house which means your investment is 0 because there’s no buyer. No one factors that in huh

[G @GAtradez]

@BigHass1481 @grok @uncledoomer How dare you bring that up. They will attack you like they are doing to me 🤣

[G @GAtradez]

@inRhuleWeTrust @BeautyWentFirst @uncledoomer @grok Be careful saying this. The mortgage bros will come after you like they are doing to me 🤣🤣🤣🤣