• @ocassionallyaduck
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    1 year ago

    I mean, being a perpetual renter and building 0 equity is suboptimal.

    But more importantly, finding affordable housing in most cities is aspiration itself.

    • @[email protected]
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      21 year ago

      renting your whole life is fine, the idea of housing as an investment is insane and precisely the reason why it’s as unaffordable as it is.

      finding affordable housing in cities here is reasonably easy, mostly just a matter of waiting enough to get priority, because we have renter’s rights and municipal housing companies whose operational goal is specifically to provide housing to the people. We need more of that and less investment housing.

      • @ocassionallyaduck
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        11 year ago

        Not in most cities I have been to. If rent wasn’t constantly trying to squeeze renters to the point of maximum pain I would agree, but payments on a fixed rate mortgage are massively lower than rent.

        Renting is just super stressful.

        • @[email protected]
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          21 year ago

          again, renters’ rights. what you’re complaining about isn’t renting, it’s the lack of renters’ rights.

          it’s illegal in sweden to do that shit, there are strict rules on how much you can increase rent and especially if you live in municipal housing they don’t pressure you at all, my dad has postponed his payments like twice and they were absolutely fine with it.