|
|
|
|
|
|
by throwaway290
974 days ago
|
|
|
Many people are not OK taking any debt, much less massive debt with implication of losing home if not repaid. For me it would be living in perpetual anxiety. If you rent you're in control. lost job, downsize with little hassle. noisy partygoers or Airbnb managers move in next door, just move |
|
|
I call bullshit on both counts. When I was renting I had two separate incidents where neighbors came into the adjacent unit and caused issues. In both cases the landlord finally had to evict them.
"Downsize with little hassle" amounts to the same as "just move" which is by no means a small or easy thing to do. People have kids in school, you can't "just move" but instead have to find another apartment, that you can afford, where you can pay whatever bogus up-front fees the landlord wants. Your landlord could decide at any time to sell your building/unit/house to another landlord. Your rent goes up with no ability to control it.
Owning a home puts me in much greater control of how my life looks than renting ever did. It requires a little more effort and care for renting and there's certainly some risk, but there's a lot of upside too.