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by Tiktaalik 749 days ago
Even aside from the many places where there has been a clear financial advantage to home ownership, a core value that drives desire of home ownership is stability of tenure. The control over ones destiny and the nigh impossibility that one could be forced to move has strong value.
1 comments

That "control" is mostly a fantasy. I own an appartment and when I found mold damage I wasn't able to just fix it, I had to take the housing association to court and fought with them for 2 years. It's now fixed and I'm trying to sell the appartment and nobody wants to buy it. Then I read articles like this and it just makes me laugh at the absurdity of it.
In the U.S., only about 30% of homeowners are subject to housing associations.

I get how that seems odd if you live in a big city, a multifamily building, etc. -- associations and their problems are ubiquitous there. But it's not the experience of most American homeowners.

> nobody wants to buy it.

Of course there are tons of people who want to buy it, but not for the price you are demanding. You are unrealistic about price.

Great! Why don't you tell me what I should price it at, then?
Go lower on price until somebody wants to buy it. That's how buying and selling works.
No, that's not how it works. The housing market is not like the stock market. Houses are not fungible assets. I could list my house for $1 today and by tomorrow no one would have even made a single phone call to enquire about it. A house is not sold until a motivated buyer is found, no matter how low you drop the price.
You have made up your mind. I gave you the answer, but you are not obliged to accept it.
Independent house is the way