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Here we go again (hexbear.net)
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[-] edge@hexbear.net 31 points 8 months ago

Aside from her probably having rich parents, that's just horrible advice for any average person. If you can get a mortgage and afford the maybe slightly higher payments at first, renting is just a horrible idea.

Renting: monthly payments only go up, deal with a shitty landlord, and in 30 years you'll still be paying rent.

Mortgaging: monthly payments can only go down (by refinancing when rates are lower, and never get a variable rate mortgage), no landlord, and in 30 years you'll own a home and have no more payments.

[-] VILenin@hexbear.net 18 points 8 months ago

I’m just waiting for the news that she has a vested interest in rental properties at this point.

this post was submitted on 05 Feb 2024
73 points (100.0% liked)

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