(((Bloomberg))) - you don't really need to own your home, goy. Trust the "rent-buy calculus" - Upgoat

(((Bloomberg))) - you don't really need to own your home, goy. Trust the "rent-buy calculus"
submitted by PoundOfFlesh to whatever 3 monthsMar 15, 2025 17:13:21 ago (+0/-0) (archive.ph)
https://archive.ph/1Ympv

https://www.bloomberg.com/news/features/2025-03-14/should-you-rent-or-buy-a-home-how-the-21st-century-math-has-changed

Renting might make sense for hipster city dwellers, but owning your home (even if the local gov can kick you out for not paying taxes) will always trump being a renter at the mercy of other people and factors.

[ - ] Portmanure 1 point 3 monthsMar 15, 2025 17:38:29 ago (+1/-0)

When you rent you are a visitor, it can never be your home.

[ - ] PoundOfFlesh [op] 0 points 3 monthsMar 15, 2025 18:09:12 ago (+0/-0)

Exactly. Renters are basically caretakers for the landlord, who has no qualms about replacing them for any reason.

[ - ] IdentifyShills 0 points 3 monthsMar 15, 2025 19:54:43 ago (+0/-0)

Property taxes makes everyone a renter.

[ - ] boekanier 0 points 3 monthsMar 16, 2025 02:57:53 ago (+0/-0)

those taxes act like a sword of Damocles, a looming danger or threat.