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I'd rather be poor than have to listen to my neighbor fart, like that dystopian place on the right.
this post was submitted on 15 Oct 2024
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I never hear my neighbors in my apartment. I'm also living close enough to bike or take transit everywhere I want to go, and spending less overall on housing thanks to being part of a very well run apartment cooperative. I also get to skip out on the major hassle of having to maintain everything in the building I own myself.
There's even a gym in the building which costs a rounding error per year to be a part of.
You must aspire to live in space then, huh?
An asset on land you own will always appreciate more than a cell in a building you are beholden to the owners/hoa of.
It's not entirely cut and dry, your money in a stock market index fund tends to keep pace with property appreciation when accounting for maintenance costs and property taxes. But you would be insulated from skyrocketing rents.
Royce du Pont