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by stale2002 2563 days ago
No? It give me freedom to rent.

At any point that I feel like it, I can pick up and move. Whether it is to a place across the street or on the other side of the country.

I wouldn't have nearly that much freedom if I had the misfortune of owning my own place.

2 comments

As someone put it: freedom is just another word for "having nothing left to lose". Homeless people are generaly most free of all, they do not have any obligations, bills to pay, work to show up, but I wouldn't consider that something we should aspire to.
Do you see this as a temporary or permanent situation in your life? What is your "end game" so to speak?
> What is your "end game" so to speak?

One very reasonable 'end game' for those who do not want to own is to invest enough cash in the stock market so that your rate of return supersedes your rent, thus guaranteeing that, if rent increases are within reason, you are able to finance renting interminably. Stock markets typically have a higher rate of return than real estate, so...

Nothing is permanent. The end game is death.
Permanent.

Buying a home is a bad investment, because I could have all that money getting 7% returns in the stock market.