I’m missing all advantages of owning (or renting), that was not the intent.
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blackstampede@sh.itjust.works 1 month agoYou’re missing a few advantages to owning-
- If you have to move, you can often get the money that you spent on the mortgage back, or even make a profit.
- A mortgage is generally cheaper than rent.
- While some may not be interested in renovating, it’s a relatively low-effort activity that pays for itself if you sell the property.
- Can have a garden
eager_eagle@lemmy.world 1 month ago
TubularTittyFrog@lemmy.world 1 month ago
you can rent and have a garden and rent is cheaper than a mortgage in a comparable area.
when people buy they often have to move further out to a cheaper area to get a mortgage
blackstampede@sh.itjust.works 1 month ago
Ah yeah, not the case in my area. Rent for an apartment is about twice as much as a mortgage.