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Poignant post on the state of things
(lemmy.world)
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this post was submitted on 04 Feb 2024
1453 points (96.7% liked)
A Boring Dystopia
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Because retiring when you don't own a home is difficult. Not only is rent a lot more than property taxes, but it tends to go up unpredictably.
So for most people, buying a home of some kind is a given. Doing so sooner means saving more money, both because rent is generally more than property tax and because loan payments build equity, which is still fundamentally yours.