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Would you care to explain? I’m a renter and I find it be a great arrangement. I have no interest in owning the property that I reside in. I can move anytime I w
by clay_the_ripper 7y ago
Would you care to explain? I’m a renter and I find it be a great arrangement. I have no interest in owning the property that I reside in. I can move anytime I want, I don’t have to fix anything and I can park my money in things that return far more than a house.
- ahelwer 7y agoRenting works well for highly-paid professionals who aren't committed to living in the area for the long haul and have plenty of money left over after paying their landlord. That's a very niche subset of people who rent. The more common scenario is people spend 1/2 to 2/3 of their take-home pay on rent to avoid a hellish commute, living with roommates in a poorly-managed building where the owners drag their feet fixing anything. These people don't have money to "park" in things that return far more than a house.
- uwuhn 7y ago>an aspiring class That's you and me. It doesn't necessarily mean aspiring to own one day. It just means that we're capable of accumulating wealth while renting.