this post was submitted on 22 Apr 2024
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A Boring Dystopia

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[โ€“] [email protected] 11 points 7 months ago (1 children)

I fully understand your point of view - but in my opinion paying mortgage and putting effort into your house/apartment is a kind of an investment and it's still way better than renting. Assuming worst case scenario, you can always sell your property, get (at least part of) your money back and pay off the mortgage.

In terms of renting - you're just trading your money for a right to have a roof over your head.

[โ€“] [email protected] 1 points 7 months ago

And to not have to worry about costs if shit goes wrong, and not have to worry about the overhead if you find a job and need to move, or meet someone and want to move in with them, or if you have kids and need to upgrade size, or if you are moving somewhere only temporarily.

Owning a home is great and a sound financial investment if you've settled down. Other than that, there are plenty of good reasons to rent.