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GiddyGap@lemm.ee to News@lemmy.world · 7 个月前

Owning a home has rarely been this much more expensive than renting

finance.yahoo.com

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Owning a home has rarely been this much more expensive than renting

finance.yahoo.com

GiddyGap@lemm.ee to News@lemmy.world · 7 个月前
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The premium for homeownership has grown in recent years as home insurance, upkeep, and high mortgage rates skew the buying vs. renting math.
  • whithom@discuss.online
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    7 个月前

    Yeah, if you bought recently, you’re a fucking moron lol

    • meliaesc@lemmy.world
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      7 个月前

      Wanting somewhere to live, amirite? 😂😂😂😂

      • whithom@discuss.online
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        7 个月前

        Lots of options besides paying 500k more than the house it worth. Depending on your market of course. Houses in my area doubled in price in the last 6years.

        • blackbirdbiryani@lemmy.world
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          7 个月前

          I mean, duh. There are always cheaper places to live. But nobody wants to make a 3 hour commute to where the jobs are.

          • whithom@discuss.online
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            7 个月前

            Assuming the jobs in that city stay there.

    • jagged_circle@feddit.nl
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      7 个月前

      Missing the market is worse than waiting

      • whithom@discuss.online
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        7 个月前

        If you miss it, you’re not in debt you can’t ever recover from.

        • jagged_circle@feddit.nl
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          7 个月前

          Debt is always a bad idea. I won’t buy a home on debt

          • whithom@discuss.online
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            7 个月前

            Must be nice to have a million in cash

            • jagged_circle@feddit.nl
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              7 个月前

              A condo costs $200,000. And I do recognize the privilege

              • whithom@discuss.online
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                7 个月前

                Wow where do you get a $200k condo?!

                • jagged_circle@feddit.nl
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                  7 个月前

                  Colombia

                  • whithom@discuss.online
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                    7 个月前

                    Haha. No thanks.

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