• beetus@lemmy.world
    link
    fedilink
    arrow-up
    61
    arrow-down
    1
    ·
    11 months ago

    No. I want the freedom of changing my house to my exact liking and renting doesn’t allow for that. Furthermore if I’m renting, then I’m paying for someone else’s speculative property.

    • phoneymouse@lemmy.world
      link
      fedilink
      arrow-up
      4
      arrow-down
      20
      ·
      11 months ago

      Prices around me are insane. It’s twice the monthly payment to buy than to rent. And, that’s before spending on repairs and upgrades. This means most people are not buying to speculate because there is very little upside and no way to cover the monthly costs by finding a renter.