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I'm starting to feel like there's not much choice
(lemmy.world)
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this post was submitted on 05 Dec 2023
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Ah yes. Fill a landlords pocket or a bank. Does it really matter? At least after you pay your mortgage off, that money just goes to taxes and then you “own” that property. Instead of renting until you die. Get real.
I have done both, home ownership is also expensive and more stressful. Unless you've owned a home for over 10 years maybe don't get so mad at me for telling you that the American dream is a lie
We owned and went back to renting. Home ownership sucks. Taxes, maintenance, the stress of finding contractors who couldn't care less about you, Saturdays at the Home Depot, being trapped under the weight of a mortgage for 10+ years before you even see a mild positive increase in your equity...it's a joke. And if you want to move? Forget it. You're stuck.
I have the exact opposite problem, I'm sick of moving. I have to move just about every 2 years because of some bullshit my landlord pulls... I just want stability, to know I don't have to worry about looking for a new place so damn often...
Prior to buying our house, the longest I had lived in one house/apt for the past decade was no more than 2 years. After being in our house for a year, it legit felt weird to not be packing up our things and getting ready to vacate. It was amazing to not have to go through the stress of finding a decent place at a decent price and then moving. It also felt so much better knowing how much some of my friends pay for their Apts and that my mortgage is cheaper than their tiny ass one bedroom. And that my monthly price isn't going to increase next year like everyone else who's renting and needs to renew their leases. Yeah, we're the ones who take care of our own maintenance and yard work. But everything we've done so far would be things that we would have taken care of ourselves in a rented house.
The responsibility is more yes. The decrease in stress in regards to finding a new place to live constantly, the general stress of moving, and not having a place that you can legitimately call home has made us feel like this has by far been the superior choice.
Exactly! For some reason this makes people angry though. Be careful 😉
I think that people also have this idea that it's easy to maintain a property. Maybe -- temporarily -- if you find the right place. I always had a list of like 10 things I needed to do. Every time I started one of those things, the job suddenly got more expensive and time consuming than anticipated. Also, mowing/weedeating a yard is literally the last way I ever want to spend hours of my weekends.
Im sorry you are such a miserable person. I hope your day gets better.
What a weird response
I hope you find your meds today
Nah he’s right
You people are this butthurt about your mortgages?...
I have done both too, owning is so much better even with the maintenance.
Did changing the water heater element that could only be accessed from outside in the middle of winter suck?
Yep, but I had the option to just call a guy if I wanted.
But I could hang pictures, paint and reshape the landscape however I wanted.
Ok great. I'm writing these messages as a warning to those bystanders who are thinking about buying. It can be a way worse experience than I thought it could be.
But what do I know, I'm just MiSeRaBlE
I'm on your side bruh. We've owned our home since 2013. It's appreciated $100K, but we also spent $60K last year alone in windows/siding/getting the whole house replumbed because there ended up being a massive leak in the foundation.
We had planned for the windows/siding, plumbing was just a nice bonus (it was noticed by our siding contractor actually).
We've also replaced the HVAC, leveled the foundation, replaced the HWH, replaced the roof (that was a lucky insurance thing though due to a massive hail storm), replaced the gutters, and the flooring over the years since buying.
So...if we ever decide/need to sell, we'll break even.
And we didn't buy a shitty house either. It was built in 1995. It was already 18 years old when we got it, and it's nearly 30 now. People don't realize that this shit doesn't last forever.
That being said, while I will be Team Renter when we leave this duty station, I'm also in a privileged position being that I'll have a pension. I completely understand people who don't have that safety net wanting a little more stability/security.
That sounds like such a hassle! Worse than mine stress wise for sure but it sounds like you'll do a little better than I did financially. I bought a somewhat shitty house admittedly (built around 1960 and needed a bit of work but fully livable), and definitely lost money. I thought breaking even was the worst that could've happened...
The point I'm making is that owning is not a panacea, and has a whole host of its own issues. I'm glad someone else gets that!