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I have recently given up the notion of ever owning a house: it’s far too expensive. Even with rent increases, I can live in 500 sqft apartments and basically r

I have recently given up the notion of ever owning a house: it’s far too expensive. Even with rent increases, I can live in 500 sqft apartments and basically retire in my 30s/40s. If I buy a house I’ll work until I’m 70. And I’ll be house poor that whole time. The price of single-family detached homes is so out of line that it is absurd.

jjav 4y ago
> If I buy a house I’ll work until I’m 70. And I’ll be house poor that whole time. How will you pay for the ever-increasing rent on apartments when you're 70 and beyond? Owning a house is short-term pain but allows you to lock in a "rent" (mortgage) which will never increase and will at one point go to zero, hopefully before you retire.