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FpUser a day ago

I am a home owner since 1998 I think that none of you arguments against owning make sense to me. To me your writing reads like following: due to the world gone crazy I can no longer afford to buy house so let's concoct some soul soothing reason and pretend that all is fine.

foobarian a day ago | parent [-]

Yes and how about also people in older generations who are done paying off mortgages and now live paying just the real estate tax.

ghaff a day ago | parent | next [-]

I assure you I pay a lot more than just the real estate tax (and insurance). There's a ton of maintenance in general. Even with insurance, I was just out a good $50K with a middle of the night kitchen fire.

Simulacra a day ago | parent | prev [-]

Because they purchased. And they stayed there. I think people forget that boomers bought their houses 20 30, 40 years ago, and they stayed there. It's not like they bought it 10 years ago and all of a sudden it went up dramatically. I don't think a lot of people consider that longer timeline, it's just easier to blame "boomers."

prasadjoglekar a day ago | parent [-]

And maintained it. The house didn't just get better over 30 years. A lot of weekends were spent painting and mending things.