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>You're not actually providing any value. That's because I'm not a landlord. Finding reliable professionals is difficult. They're also expensive. Homeowners
by parineum 4y ago
>You're not actually providing any value.
That's because I'm not a landlord.
Finding reliable professionals is difficult. They're also expensive.
Homeowners insurance is great. I've used it on a few occasions. Unfortunately, it doesn't cover expensive things that break at full cost. So if something breaks and it was older, you're on the hook.
You don't have to convince me renting is a bad financial move, that's why I don't rent, but you can't pretend like there is no benefit to renting.
After the things I've already mentioned, renting gives you much more freedom to move. That's a big deal if you're looking for work, for example.
Some people like to move around and experience different places before settling down. Renting provides value to those people.
Renting is definitely more expensive. You're paying for more. Free maintenance, no concern for depreciation, mobility and whatever other other things I don't consider.
Home ownership has been stressful. I think it's a better move, that's why I do it but I also know people who prefer not to.