• dingus@lemmy.world
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    1 year ago

    Renting can sometimes be more advantageous than owning. You don’t have to pay for maintenance and you have the ability to pick up and move a lot easier.

    I own now, and even though I own a very small condo and was able to put enough money down so that I don’t have to pay mortgage insurance…owning has been more expensive per month than renting for me… I get that it’s not always this way, but right now everything is shit for everyone.

    • fear@kbin.social
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      1 year ago

      True. Back when I rented it was a good situation because my rent was dirt cheap and I was able to save money. Seems those days are long gone with rentals sometimes being double or triple what a mortgage payment would be.

      • dingus@lemmy.world
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        1 year ago

        Nah I mean for me it’s the opposite. Buying something made my monthly cost much higher than renting. I was hoping it would do the opposite but that wasn’t the case. :/