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If houses don’t appreciate, why buy a house? Just rent

• madboston 5y ago
  because you want to settle down and stop moving? maybe have a family? have a place for your own that you can actually configure to your own liking? not get kicked liked a football because rent was increased for lease renewal because new corporate landlord doesn't give a shit? give next generation a fair/reasonable chance of making it on their own and not because they were not lucky enough to be born with family money? I laugh when I see people have BLM signs on their property because those are the exact people who don't want to care about it.
• hadlock 5y ago
  We bought a house, then had to move cross-country. After owning, where all they did was examine our finances, it was really degrading having to submit an application to rent a house, background check, references etc. Also when something breaks I have to call someone, who will then, within a week or two schedule a handy man to come by and fix it. I have no say over the appliances, external appearance of the house, can't apply for a permit to convert the attic into a third story, fix the inadequate wiring (technically to code, but my space heater will blow out the circuit because it's attached to several other things in the house). I recently reseeded the back yard, at great time expense, and things generally while nice, look a lot more run down than if I owned it and could make improvements knowing I would retain the value, but I'm not going to pour money into this house just to let the landlord receive that value at no charge. Also when he and his wife feel like retiring here, we're going to have to move, at our expense with no recourse. We already tried buying it from them. Renting sucks.