• village604@adultswim.fan
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    23 hours ago

    People who don’t own homes don’t understand just how expensive and time consuming it can be. And most of that money and work doesn’t go towards building equity.

    • CileTheSane@lemmy.ca
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      17 hours ago

      The maintenance and taxes on my home are far cheaper then rent in my area. I could not afford to rent the home I own.

      People don’t understand that a landlord is going to charge enough rent to cover all those costs and still make a profit. Otherwise they would just sell the home.

      • village604@adultswim.fan
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        16 hours ago

        Yes, the landlord is going to make a profit, but that’s going to be true of literally any service that’s being provided by a private entity, especially when they’re carrying a large amount of risk.

        But it’s disingenuous to claim that there’s no benefit to tenants in a rental situation. They don’t have to worry about having to unexpectedly drop $30k on a new roof or HVAC system, or finding and dealing with contractors to do maintenance (or finding the time and energy to do it themselves).

        • CileTheSane@lemmy.ca
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          12 hours ago

          In the house I own yet could not afford to rent I have no issue with those unexpected costs because I am able to save the money that is not going to a landlord in order to pay them.

          The renter is paying for the cost of a new roofer or HVAC system anyway, whether the home ends up needing one or not, and they have zero say in how or when it happens.

          • village604@adultswim.fan
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            1 hour ago

            What you’re not getting is that’s a plus to some people. They don’t have to worry about budgeting and all of that.

            Just because you don’t get anything from a rental situation doesn’t mean no one can. I absolutely know people who have sold their houses and went back to renting because they were tired of the hassle of home ownership.