Your rent payments now, may be quite different in a few months. If you rent an apartment in a desirable location, which is far easier than owning a house in a desirable location, then rent payments are huge.

And comparable or worse than owning a house in farther out.

Your luck with landlords can wary a lot, and your rent payments may increase substantially with little notice. The landlord may also sell the building with either different management or repurpose it for something else and you will have to find a different apartment.

You may also suddenly have unpleasant neighbors. That is true with a house as well, but the distance between you and them is closer in an apartment.

As a dog lover, If you wish to have a big dog your may not be allowed to. If you want a yard to kids to play, you cant. If you want chickens you cant. (I know many in Denver who do) If you wish to install extra cooling /AC/heatpump you probably cant.

None of that negates your arguments fully, but the case is far from as black and white as you make it.

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huhkerrf 5 hours ago | parent [-]

> You may also suddenly have unpleasant neighbors. That is true with a house as well, but the distance between you and them is closer in an apartment.

Not all, but a lot of the debate between renting and owning include something like this, but you can rent a home, and you can buy an apartment.

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anthonypasq 5 hours ago | parent [-]

very weird how so many people are using apartments vs single family homes as a variable in discussing renting vs buying

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brailsafe 2 hours ago | parent | next [-]

I think it's because there's only a tenuous sense of control with things in-between, and to some extent SFHs that have strict HOAs. I mentioned in another comment that although in theory (in the US & Canada anyway) you can buy an apartment or duplex or townhouse, but as far as I'm aware you only gain marginal control over what you can do to modify it if you wanted to, and the advantage to owning largely comes down to owing the bank vs owing a landlord, but otherwise (sometimes even with SFHs without HOAs) you are beholden to the local bureaucracy if you want to make any significant changes condo strata and/or city permits). Seems like buying a non-SFH for any significant amount more than renting the same place is just trading the fear of eviction for the burden of debt, and buying a SFH is just debt+burden but you get a garden or something.

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amw-zero 5 hours ago | parent | prev [-]

It's not weird, since 99% of rentals are apartments, right?

	▲	QuiEgo 3 hours ago \| parent \| next [-]
		Source? In my neighborhood on the outskirts of downtown (about a 10 minute drive out) at least 25% of the houses are rentals, maybe more like 33%. Lots of investment properties people scooped up when mortgages were 2%.
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