News for hackers. Stuff that matters.
Re:Investors bought a quarter of US homes sold last year by notch656a on Tuesday August 23, 2022 @07:24PM (#32572911)
I agree there are lots of upsides to having a house. I definitely get some used car salesman vibes whenever someone tries to sell up the upsides of negative equity, though. Having no chance to have negative equity is pretty much unequivocally one of the few absolute advantages of renting. The other being (typically) lower transactional costs for short term occupancy.
Re:Investors bought a quarter of US homes sold last year by quantified on Wednesday August 24, 2022 @03:24PM (#32584481)
Negative equity means little. So what if it's worth less when you sell than when you buy? Compare the net on that with the loss you take from renting.

Only a fool treats their dwelling as an appreciating asset anyway. It's subject to market forces.