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by chiefalchemist 811 days ago
Property taxes, time for maintenance, filling the house with shit you don't need simply cause you have the space, working a job you hate cause it pays well and pays the motgage (as opposed to waiting for your lease to end and moving to a new town).

Don't get me wrong, overall owning is better, maybe. However, the 25 yr and 30 yr mortgage (as opposed to say 15 yr) will someday be viewed as the start of the downfall of the middle-class. It's when housing prices shot up (as did total cost of paying off the mortgage) and life became the march for more $ (over peace of mind).