me_irl

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me🏠irl (lemmy.world)

submitted 7 months ago by [email protected] to c/[email protected]

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[–] [email protected] 0 points 7 months ago (1 children)

No. I want the freedom of changing my house to my exact liking and renting doesn't allow for that. Furthermore if I'm renting, then I'm paying for someone else's speculative property.

[–] [email protected] 1 points 7 months ago

Prices around me are insane. It’s twice the monthly payment to buy than to rent. And, that’s before spending on repairs and upgrades. This means most people are not buying to speculate because there is very little upside and no way to cover the monthly costs by finding a renter.