3 ms·

Not true, you don’t have the same stability as person owning a house does. You always have to be prepared to move, can’t change stuff without landlords approva

Not true, you don’t have the same stability as person owning a house does. You always have to be prepared to move, can’t change stuff without landlords approval, can’t buy nice stuff (good luck moving your 80 inch TV with your nice leather couch).

rentalord 3y ago
None of this is relevant though. “Not true, you don’t have the same flexibility as a person renting does. You always have to be prepared for significant maintenance, etc. etc.” The point is that financially we expect that two approaches to be comparable, perhaps with renters paying a bit for that flexibility and shorter term commitment. (That they aren’t over a particular period is fortunate for those that managed to time the market).
amrocha 3y ago
Yes, if you value these things that's a reason to buy a house, but it doesn't make it a good financial decision
- wiseowise 3y ago
  “Just as well off” implies having equal parts, or I missed something?
  - bagacrap 3y ago
    Just as well off financially, obviously.
  - amrocha 3y ago
    Right, whether it's better than renting financially depends on a lot of factors. There's benefits to renting too, you have to make the right choice for yourself.