• usualsuspect191@lemmy.ca
    link
    fedilink
    arrow-up
    1
    ·
    6 months ago

    It’s still a better deal to rent on shorter timescales.

    I’d have to run the math again but because of things like realtor/legal fees (speaking of leeches, realtors are the absolute worst) last I checked it was in the 2-3 years range where renting made more sense than buying. That depends on the market too of course. Any significant repair costs or depreciation in that time makes the break-even point a bit longer, shorter if the value goes up enough.

    • Viking_Hippie@lemmy.world
      link
      fedilink
      arrow-up
      4
      arrow-down
      2
      ·
      6 months ago

      Yeah, the whole moving every 3 years or less? That’s ALSO something that most people can’t afford.

      You’re sounding like you’re very much arguing from a place of privilege that you aren’t conscious of. And no, realtors aren’t the worst leeches, that’s still landlords.