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this post was submitted on 03 Feb 2024
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The problem is that renting is just pissing money away to the wind, and you are at the mercy of your landlord as far as how acceptable and affordable your situation is over time.
Renting is fine if you are looking to stabilize and (hopefully) accrue some savings, but renting anywhere halfway decent is often more expensive than a mortgage is in the same area.
Renting is literally paying for someone else to own a house or apartment or whatever. It guarantees that the landlord will always be able to make a killing by commoditizing a need for shelter. It's sinister, and no matter how you paint it it remains sinister.
Renting isn't sinister. You're paying for a roof over your head without any large up front investment or maintenance costs. But it should be affordable, and owning should also be affordable. Neither are at the moment.
I've had landlords get pussy about portable AC unit exhaust hoses sticking out of the window. That needs to be banned, and AC needs to be mandatory in new rentals (new builds and new leases on existing housing units.)
Aren't portable AC units very inefficent?
Yes, espically one hose models, bit sometimes that's all you can use
Renting isn't bad. Being a landlord is bad.
It's completely insane that rent is more than a mortgage.
If you live with someone and pay towards their mortgage, you can rightfully claim a share in the equity of their house. Yet, if you rent somewhere and pay your landlord's entire mortgage, and then some, you get nothing.
Renting should be far less than mortgage rates. You get something out of a mortgage - ownership of a property.