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Climate Change Should Make You Rethink Homeownership (www.nytimes.com)
submitted 3 days ago by silence7@slrpnk.net to c/climate@slrpnk.net
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[-] Varyk@sh.itjust.works 1 points 2 days ago* (last edited 2 days ago)

yeah, that checks out

if literally everything goes beyond right with your home purchase, you beat the market price by 100k, low property taxes, no emergency costs, you don't have any repairs, vs. you choose to rent near the center of the city and everything goes wrong with renting, then a home purchase can begin to match the convenience and more economical choice of renting.

overall and on equal footing, it's cheaper to rent plus you don't have to pay any of the necessary maintenance costs, utilities depending on the property or any taxes.

and renting is way less time and trouble.

this post was submitted on 29 Oct 2024
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