You are now entering your spicy years. 🌶️

  • blackstampede
    22·
    6 months ago

    You’re missing a few advantages to owning-

    • If you have to move, you can often get the money that you spent on the mortgage back, or even make a profit.
    • A mortgage is generally cheaper than rent.
    • While some may not be interested in renovating, it’s a relatively low-effort activity that pays for itself if you sell the property.
    • Can have a garden
    • TubularTittyFrog@lemmy.world
      21·
      6 months ago

      you can rent and have a garden and rent is cheaper than a mortgage in a comparable area.

      when people buy they often have to move further out to a cheaper area to get a mortgage

      my mortgage is more than my rent and isn’t as nearly in as nice of a place and convent of a location. on top of that and having to do home reapir (not renovation) i have less disposible income than I did a few years ago.

      it’s trade offs. i miss being in a more social area and having more disposible income, and somtimes i regret buying.

      • blackstampede
        1·
        6 months ago

        Ah yeah, not the case in my area. Rent for an apartment is about twice as much as a mortgage.