"Is it better to own your home than rent it" if it's THE SAME HOME, then yes, it's better to own if you never move
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Replying to @arthur_affect
Doesn't make the house the "best investment", or an investment at all - the money you pay to live somewhere is consumption
1 reply 1 retweet 5 likes -
Replying to @arthur_affect
On net the overall value of housing in America after inflation has stayed flat for 100 years
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Replying to @arthur_affect
He's just touting the same "I think you're an idiot so I think having a mortgage is the only way you'll be forced to save money" theory
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Replying to @arthur_affect
I hate the shaming of renting over owning partly bc it's an implicit upsell - it always comes w pressure to get a bigger place
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Replying to @arthur_affect
Shit guys if you want to buy a house then fine but we're still standing in the rubble from the last bubble
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Replying to @arthur_affect
I hate the psychological bullshit that an ownership mentality makes ppl more responsible
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Replying to @arthur_affect
Most long-term renters have much more of an ownership mentality than the flippers you still see buzzing around
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Replying to @arthur_affect
Germany has a much higher %age of renters than owner occupiers than we do and they seem fine
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Replying to @arthur_affect
but there is significant social pressure to "buy". If you "only rent" you are seen as stupid.
1 reply 1 retweet 2 likes
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