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Owning a House is Stupid
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If you've been on reedit for more than five seconds you're bound to see Millennials and Gen Z complaining that houses are too expensive to own these days.

First thing, they aren't. They maybe are for you but if they were truly unreachable, the price would come down after hordes of homes sat unsold. That is not what is happening.

The more important question though is. Why on Earth would you WANT to own a house? People like to talk about the freedom of owning property but what about the slavery of it. I have been married 15 years and always rented. When something goes wrong, we call the landlord and they fix it. If they don't fix it, we move. If we want to change the way something looks we don't spend 20 grand remodeling, we move into something that suites our new tastes.

I agree, owning a house is so much harder, but to me that means the juice is no longer worth the squeeze and renting is where it's at. My wife and I have only moved three times in twelve years, and in each instance it would have cost a fortune to stay had we owned the place.

EDIT: From the messages I have read, lots of people have either "doubled their money" since they bought a house, or are frustrated private companies are buying up properties (probably from those who doubled their money). You can't say buying a house is a good investment then complain about inflation. Maybe buying one was a good idea in 1955 when there was less than 3 billion people in the world, but they aren't making any more land.

Edit 2: Those who need to resort to name calling obviously didn't invest enough into their emotional equity.

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Paying all that rent is just helping someone else build up an investment instead of one of your own.

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2 weeks ago