• Ben Hur Horse Race
      3•11 months ago

      its kind of not. we own now. its great. everytime we pay our mortgage, which feels exactly the same as when we were paying rent, we are in essence saving that money as we get it back when we sell this place (which is all contigent on how much its worth when we sell etc).

      when we were paying rent, we paid the landperson’s mortgage off month by month, making themmrew wealthy. upkeep is always a part of everything you own.

      • @karakoram
        0•11 months ago

        Spoken like someone who has never had a surprise maintenance issue pop up unexpectedly that costs multiple times your monthly mortgage.

        • Ben Hur Horse Race
          1•11 months ago

          fuck are you talking about? you don’t know anything about me or my house. every house, especially old ones like my late 1800s cottage, needs major repairs. people on the internet making presumptions, so nice to be here.

        • Cosmic Cleric
          -1•11 months ago

          True, you need to be able to afford to home while you’re living in it, but you make all of that up and more when you sell the property.

          Also, your “costs multiple times your monthly mortgage” comment is a rare thing. Usually its just a couple of hundred dollars type of repair, and its a few times in a year.

    • Cosmic Cleric
      1•11 months ago

      It was a Lemmy comment. I don’t think you should expect a college course lecture on the subject.

      Ultimately though, the comment stands. You’re either enabling somebody else to be more wealthy, or you’re enabling yourself to become more wealthy. The choice is yours.

        • Cosmic Cleric
          -2•11 months ago

          You’re either enabling somebody else to be more wealthy, or you’re enabling yourself to become more wealthy. The choice is yours.

          I know you’re just stating an opinion, but that last sentence is downright insulting to me.

          (I’m including above the whole statement and just bolding the part that you included when you did your reply.)

          I meant no disrespect. I personally was a high school dropout from a broken home (and the emotional baggage that goes with that) but was still able to purchase a house, so I know it’s doable.

          Having said that, I wasn’t judging you personally. I wasn’t even addressing you directly. I was just expressing a generic opinion about the pros and cons of purchasing versus renting to a wide audience. If that statement felt like an insult to you personally, then you need to look within.

          I wish you well and happiness.