Post #1890739
2026-03-01 17:39 UTC
> You need shelter. You can pay money and have nothing at the end, or you can put it into equity.
I generally agree, a home should **not** be primarily thought of as an investment.
It's a roof over your head that you have more control over than if you were living in a rental.
And after a period of time, you actually own it and no longer have to keep paying someone else for the privilege of having a place to live.
Replies (1)
-
@farting_gorilla@lemmy.world 2026-03-03 03:46
Minor nitpick, most places (US-specific) have property taxes you have to pay every year, so even if you own your own home, you're paying something to someone every year for the right to have a roof over your head.