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A comment on America just had its lowest number of births in 32 years, report finds. Parent comment

Re:America just had its lowest number of births in 32 years,... by saiya-jin on Wednesday May 15, 2019 @10:26AM (#19919696)
Why would you take a mortgage, probably the biggest investment in your life, if you don't plan to have kids? Even in places where its actually cheaper to pay mortgage compared to renting there are so many negative aspects to committing to strict payment regime for next 20+ years to a single place, that it doesn't make any logical sense.

In no kids scenario is much better to rent, adapt your place of live to your current situation/market/plans, when retiring just move someplace dirt cheap and awesome.

If you have kids, its a huge value that you can pass to them, if done smartly (if not, it will probably destroy offspring's relationships between them for life).

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Re:America just had its lowest number of births in 32 years,... by toomuchtodo on Wednesday May 15, 2019 @11:02AM (#19920063)
If you have a mortgage, your rent payment is locked in. If you rent, you're subject to annual increases in rent (which can be steep, and higher than inflation).

There are many factors that determine if buying or renting is better for your scenario. Below is a calculator the NY Times publishes which lets you adjust variables to provide an answer based on inputs.

http://www.nytimes.com/interactive/2014/upshot/buy-rent-calc... (NY Times: Is It Better to Rent or Buy?)

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Re:America just had its lowest number of births in 32 years,... by hi41 on Wednesday May 15, 2019 @10:48AM (#19919906)
In my forties now. Bought it few years back when things weren’t looking so bad. I have two jobs since then.
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Re:America just had its lowest number of births in 32 years,... by neonIcon on Wednesday May 15, 2019 @10:30AM (#19919739)
That last line can be especially true..
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