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stavros a day ago

As someone who's both renting and has bought (renting my main flat and bought a summer flat), I think I prefer buying. I'm always living in fear of being told I have to leave, and the flexibility is overrated because everyone I've talked to tends to just like where they happened to live. Everyone generally finds the positives of their current area to be the positives they really like, and the negatives manageable.

This means that, generally, no matter where you buy, you won't want to have bought anywhere else after a few years. There are cases where you might hate it, of course, but you could still sell/rent to someone else and buy/rent elsewhere.

dbish a day ago | parent [-]

I can say I'm very much on the other side now after owning (and unfortunately still owning) a townhome that I used to love living in but now can't seem to get rid of in Seattle while I rent across the country. I moved for work and really wish I had been renting since I do not want the hassle of being a landlord, but Seattle townhome sales have slowed to a crawl as the city never really recovered after covid.

If you get unlucky with no reason to still be in a particular city and that city starts a downward swing, there's no gaurantee it ever comes back and you're stuck taking care of something that you might never be able to sell for anything but a loss.

I will likely stay a renter and keep that flexibility in my new city for a long time after this experience.