You are now entering your spicy years. ๐ถ๏ธ
this post was submitted on 14 May 2024
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Finally sane people! Holy shit you're like a unicorn.
There are DEFINITELY cases where many people are CHOOSING to rent because they simply DON'T want to own. That's perfectly okay. Both options have pros and cons.
Shitty landlords do exist... But homeownership has a boatload of issues that come with it too that you simply cannot shop around for.
I've owned my own house for the past 5 years. I'm in a position where it makes sense. Before that? Well over a decade of renting. And it wouldn't have made sense any other way.
The lack of nuance in opinion otherwise is maddening.
agreed.
vast majority of folks in the USA see renting as this repulsive awful stupid thing that nobody would ever do if they weren't poor.
it's nuts. renting makes a lot more sense for a lot of situations. and vast majority don't buy until they are married and having families anyway.
this really annoys me too
judging by the comments there's a lot of people thinking "my mortgage is $ X renting this would be $ Y. $Y > $X, therefore owning is better."
Add all those costs above, then one can think of comparing both. Also, the property I'd buy is not the same I'd rent at all - these two have very different requirements IMO. One is for a few years and the other is meant for a few decades. I can get a much better location around where I live because I'm renting and it's still very affordable.