Re:Google doesn’t want employees working remotely anymore
by amrocha on Thursday June 08, 2023 @12:53AM
(#36237363)
Yes, if you value these things that's a reason to buy a house, but it doesn't make it a good financial decision
Re:Google doesn’t want employees working remotely anymore
by wiseowise on Thursday June 08, 2023 @12:55AM
(#36237381)
“Just as well off” implies having equal parts, or I missed something?
Re:Google doesn’t want employees working remotely anymore
by amrocha on Thursday June 08, 2023 @01:20AM
(#36237560)
Right, whether it's better than renting financially depends on a lot of factors.
There's benefits to renting too, you have to make the right choice for yourself.
Re:Google doesn’t want employees working remotely anymore
by bagacrap on Thursday June 08, 2023 @11:18AM
(#36243334)
Just as well off financially, obviously.
Re:Google doesn’t want employees working remotely anymore
by rentalord on Thursday June 08, 2023 @08:32AM
(#36240799)
None of this is relevant though. “Not true, you don’t have the same flexibility as a person renting does. You always have to be prepared for significant maintenance, etc. etc.”
The point is that financially we expect that two approaches to be comparable, perhaps with renters paying a bit for that flexibility and shorter term commitment. (That they aren’t over a particular period is fortunate for those that managed to time the market).
You always have to be prepared to move, can’t change stuff without landlords approval, can’t buy nice stuff (good luck moving your 80 inch TV with your nice leather couch).