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Rent is theft (lemmy.world)
submitted 9 months ago by to c/aboringdystopia@lemmy.world
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[–] 1 point 9 months ago (5 children)

If it really sucked so much to own a home, the upper class wouldn't be buying as many of the fucking things as they could.

Owning a home is 100% upside 0% downside. You have your name on it and someone else pays for it. You use their money to pay other people to maintain it, skim the rest and fuck off to the beach. If you fail at this you wouldn't last an hour at a real job.

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  • [–] -1 points 9 months ago (4 children)

    Sounds like you've never dealt with home ownership. It's definitely not 100% upsides.

    Renting you don't have to keep $30k on hand in case you need to replace your roof or HVAC. Renting you're not saddled with an asset that you have to unload before you can relocate.

    And the wealthy aren't buying as much residential property as they can because they find home ownership preferable to renting.

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  • [–] 1 point 9 months ago (3 children)

    Renting you don’t have to keep $30k on hand

    Oh woe is me, I could literally fill a swimming pool with other people's money, please feel sorry for me

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  • [–] 1 point 9 months ago (2 children)

    The mistake you're making is assuming everyone who rents out a property is wealthy.

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