3 ms·
I'm not sure if this argument makes a lot of sense.. If you're renting, property owners are definitely still acquiring the fruits of your productivity. Moreover
by mNovak 7y ago
I'm not sure if this argument makes a lot of sense.. If you're renting, property owners are definitely still acquiring the fruits of your productivity. Moreover you lose out on all aspects of housing security and can readily be displaced if said 'cheapest apartment' stops being so affordable.
If you're imminently expecting a housing crash, then sure, go for it.
- pmiller2 7y agoMy rent cannot go up by more than the Consumer Price Index, and I cannot be evicted without just cause, except in very limited circumstances (owner move in, condo conversion, etc.). How much housing security have I given up? What I’m really giving up in this situation is the right to make significant improvements to my unit, and such. In exchange, I don’t have to pay for any repairs due to wear and tear. I don’t think it’s a terrible deal, but I would like to own a home, simply so I can have a living space that I alone fully control.