this post was submitted on 28 Jan 2024
933 points (98.0% liked)
me_irl
4679 readers
20 users here now
All posts need to have the same title: me_irl it is allowed to use an emoji instead of the underscore _
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It's rarely cheaper to rent when you factor in that you'll never own the asset.
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. In my area, renting is much cheaper than buying. This was actually a signal predictors of the 2008 crash used.