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A comment on On the Experience of Being Poor-Ish, for People Who Aren't. Parent comment

Re:On the Experience of Being Poor-Ish, for People Who Aren't by JKCalhoun on Monday March 01, 2021 @12:21PM (#26305271)
Yes, I was afraid of a mortgage as well. But seeing the cost of homes rise to outpace my ability to save was what opened my eyes.

After buying (mortgaging) a home though, I was surprised that it was not the liability I expected it to be — even with the interest on the mortgage, it was my biggest asset and always has been.

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Re:On the Experience of Being Poor-Ish, for People Who Aren't by adkadskhj on Monday March 01, 2021 @12:26PM (#26305351)
Yea, that's why i ended up with a house, too. Rent was so variable. It went up and up and up, and while i didn't have to deal with repair/etc, it felt like i had no control.

At least with a house i can budget to pay it off and budget to repair it. Both seem reasonably stable to plan for, assuming you make enough money.

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