Every drop of water, crack, ant, royally freaks me out at this point. I can’t afford to rent. I own a shitty house that is a fixer upper. So frustrating.

  • @evasive_chimpanzee
    1•1 day ago

    The way people should think about it is not whether or not they break even compared to having not purchased the house. The real comparison is if they end up better off than if they paid rent that whole time instead.

    If you bought a house for $300k, paid $420k for it over 30 years, and sold for $320k, you could think of it as a $100k loss, but you’d still end up $420k ahead of someone who had the same monthly payment going to a landlord.