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meš irl
(lemmy.world)
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this post was submitted on 28 Jan 2024
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me_irl
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No. I want the freedom of changing my house to my exact liking and renting doesn't allow for that. Furthermore if I'm renting, then I'm paying for someone else's speculative property.
Prices around me are insane. Itās twice the monthly payment to buy than to rent. And, thatās before spending on repairs and upgrades. This means most people are not buying to speculate because there is very little upside and no way to cover the monthly costs by finding a renter.
Where are you?
California