I managed to buy a small house during the weird financial stuff going on during covid. As much as this gif is accurate, I like it better than renting.
Rent. Probably could buy if I got my shit together, but I’m skeptical that my employer won’t go down the toilet in the next few years with the “pricing pressures” and the fact that they just laid off like 60% of their non-preservative R&D staff.
Own. I miss renting. It was expensive and a little crowded but that’s an artifact of the US housing market being fucked. I don’t want to be responsibility for a building as a little hobby. It’s a waste of my time
I rent and I want to be dead on a daily basis. The exploitative nature of nearly every part of human civilization wears on me to the point i find life not worth the effort in any way shape or form.
My parents cursed me for a hit of dopamine. Hopefully next life they just shoot up meth or something instead of creating a new wage slave.
I rent and I don’t love it, but my dream living situation (houseboat) will require years of career development to get financially stable enough to afford it so I’d rather not tie myself down to a property before then anyway
Own. Bought a modest house (1,300sqft) after the 2007 crash. I have a lot of apartment buildings for customers and wouldn’t want to live in any of the ones I could afford. I’m waiting for Trump to wreck the economy so I can pounce again and buy a larger house so my elderly father can move in with me
Rent. I move cities every 3-5 years chasing my dream job though so… yeah, rent it is. I’m looking to possibly also lose the current job as well, so it’s also rent as far into the future as I can see.
On the bright side, I don’t have to pay for any appliances 🤷♂️.
I own and 100% it’s what I want. This is pretty much my dream house and I would burn it to the ground before I let someone else live here.
Own.
100% what we want, our mortgage is about 60% what the rent would be for a similar home.
We got fortunate as first time home buyers, there’s a grant that allows all the way down to a 3% down payment, which was still unaffordable… until my partner got in a car wreck, and got quite a lot from the settlement. (Shes all right, played it up slightly) She covered almost the entire down payment, so our split of the mortgage is more of a 2/1 ratio, but I make more so it works out.
We’ve calculated the number of payments it will take for us to equal her initial down payment with my contributions, then at that point we’ll shift to a 1/1 for the mortgage.
Unless we get married first, then our finances get more mingled and tricky lol. We’ll see!
Husband owns this house.
Because his parents died.
Only way he’d ever own a home. We both rather they were alive.
This is the unfortunate truth for a lot of us, because I am also in a situation where the only way I will be able to afford a home is when my parents pass.
Own. I saved for years because I didn’t ever want to rent again.
I managed to buy a small house during the weird financial stuff going on during covid
Same, except I got lucky and managed to buy right before covid. Was able to take advantage of the weird financial stuff and re-finance less than a year into my mortgage, though. Worked out pretty well. Went from a 20-year fixed at 4% to a 15-year fixed at 2.8%.
Rent. I always end up fixing shit around the flat though, because it literally won’t ever get done if I leave it to my landlord.
My downstairs neighbor’s windows were practically falling out, and couldn’t be closed (in Scandinavia), but getting them changed still took 2 years.
I really want to own my own house.
Own.
Yes.
Because money and the future.
I know that real estate and investing in a home shouldn’t be a thing and actively corrupts the economy. But, unfortunately, the herd does what the herd does, AND the real estate class is charging rent like never before. So, you survive. Plus owning land is always nice.
We own, but only because my husband put the effort in before we met. If I was on my own I’d probably live on a boat. Bought a place he could afford by himself but lived super frugally and had roommates so he could pay it down faster. We flipped that into a house that needed work, did a bunch ourselves and got it looking pretty nice. We wanted to get out of the city though so eventually moved up island and got acreage. And a house that needed a ton of work. We moved before prices got crazy, would never be able to afford it now. Been here 14 years and we just keep puttering away at it. I love my home and all its quirks, I feel safe and loved here. I’m not so enamoured with the community as much as I was when we moved here, but people come and go. There’s some gems though. We’re kinda stuck here though as we’ll never be able to get better than we have unless we moved really far north.
The idea is to build a cottage for my daughter since she’ll never be able to afford her own place. Then later if she needs more space for her own family we’ll move into it. Told her she’s gonna have to help build and design it though. And get a job at the local hardware store/lumber yard for the discount lol.
I own but I bought at the wrong time and now $100k in the red. Fun times.
I’ll see your submarine mortgage and raise you $4/sqft/mo rent. RENT.
Having said that, black-mold-contaminated 1918 homes are going for 2mil, so rent in this concrete building with AC will do.
Own. I managed not to blow my entire inheritance and bought a house (that’s too small and built by some truly incompetent people) just before the prices started to get stupid. It’s “worth” 2.5x.
It’s mostly too small because my kids will never be able to afford a house of their own.
