136
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 02 Nov 2023
136 points (94.2% liked)
Personal Finance
3819 readers
1 users here now
Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!
Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)
founded 1 year ago
MODERATORS
Repeat after me: it's okay to rent. Equity is not everything.
The downvotes are really depressing. My point is that we've been conditioned in America to focus solely on homeownership. The banks, title companies, realtors, and home contractors tout it as the American dream. No matter the personal cost--the down payment, the interest, the insurance, the maintenance--and no matter what negative externalities--sprawl, inefficient heating and cooling, increased infrastructure, car pollution, divorce and obesity from commuting--you must buy a house.
I get it. If your overriding concern in life is to maximize investment, then by all means pour your cash into a house.
You get down votes on Reddit or Lemmy when you go against the hive mind. Heaven forbid you try to have a rational discussion with a different opinion.
Yep! Although I'll be over here trying to maintain other points of view.
And posting cute rabbit photos.