Priced out of home ownership – 'It makes me want to throw up'

Re:Priced out of home ownership – 'It makes me want to throw... by Izkata on Monday May 27, 2024 @07:00PM (#40495592)

I think the warped view is that renting is always cheaper than owning. You jumped straight there yourself, only arguing about cost of renting and not even touching ownership.

For example in Chicago in the US, at least in the early 2010s, it was also flipped like in GP's area: My monthly mortgage payment was around a third of the rent I had been paying, for a far far better place.

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Re:Priced out of home ownership – 'It makes me want to throw... by dukeyukey on Monday May 27, 2024 @07:24PM (#40495763)

> I think the warped view is that renting is always cheaper than owning.

I'm not sure that view really exists. Like, on a day-to-day basis early in your mortgage, _maybe_, but that's about it.

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