The Absolute Insanity of Not Buying a Home When You're Young
www.riskology.co
If you’re young—under 40 or so—and have been heeding the personal finance advice spewing forth from some of the most popular columnists and bloggers over the last few years about how owning a home doesn’t make financial sense anymore, I’m afraid you’ve been duped. Buying a house—especially when you’re younger—is still an incredibly smart financial […]

While buying a house is not a luxury everyone can afford, buying one instead of renting provides several key benefits that pay off in the long term.

What does everyone else think about buying when compared to renting?

  • jonne@infosec.pub
    10·
    10 months ago

    Yeah, the issue is saving up for a deposit. I finally managed to buy recently, and despite rate rises the mortgage is already pretty much the same as what rent would cost for a similar house (and long term will only be trending down in real terms with inflation). People would buy if they could, it’s not like people love having to deal with landlords.