• Coreidan@lemmy.world
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    8 months ago

    Because there is more to life than just owning a home? How about having some buffer in the event you lose your job, or get sick, or a million other reasons. You’re way too fixated on the idea of owning a house.

    • spongebue@lemmy.world
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      8 months ago

      There’s more to it than the idea of owning a home. A 30-year fixed mortgage means your “rent” will be the same* for 30 years. Then you just… Don’t have to pay it any more. Need to move? That’s cool, you can just take that equity you’ve got and put it towards your next house.

      * yes, I know property tax and insurance is a thing. The bulk of the payment is for principal and interest

      • Coreidan@lemmy.world
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        8 months ago

        Totally. But just because you can’t afford to buy a home doesn’t mean you should blow your savings.