Post #4382915

2026-08-04 20:36 UTC

@wizardmanperson@poa.st how does renting make this better you're still paying all that shit, just for someone else plus their profit margin, with the bonus that you're not building any equity and will never own the property like landlords are running a charity or something?

Replies (2)

@wizardmanperson@poa.st 2026-08-04 20:46

@deprecated_ii@poa.st that's why I'm cautious when arguing for this. I can see a few scenarios where that might be the case, specially for high earners and some professions that require mobility, but that is not representative of the bigger part of the population. Also, depends entirely on where you are buying it and what is to come economically wise.

Open ##4382914
@MCMLXVIIOTG@nicecrew.digital 2026-08-04 21:37

I've met renters that did the math. They go insane when they realize how much they've paid their landlords. $2000 x 12 months x 30 years = $720,000 Is that enough to pay off a mortgage? Hell no. But at least you have something that's worth considerably more than what the tenant ended up with. And if the property hasn't become part of the 'hood, it's value has gone up. And then there's this...

Open ##4385122