Demotivational

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No need to be so motivated, we're all going to die on this rock floated in space.

founded 1 year ago

Housing Only For The Rich (lemmy.my.id)

submitted 1 year ago by garam@lemmy.my.id to c/demotivational@lemmy.my.id

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[–] JaffaBoy@lemmy.world 1 points 1 year ago (1 children)

The difference is (assuming you can get a mortgage, which in this day and age is ridiculous) at least you'll partly own the house as you pay it off unlike renting where you own nothing...ever.

Also I'm still paying a mortgage like 35 years so far, because you'll want to move up the ladder which means remortgaging again and again, so don't get kidded by the older people finishing their mortgage after 25 years.

[–] Followupquestion@lemmy.world 1 points 1 year ago

Doesn’t this assume lifestyle creep, though? The housing market is a complete disaster, no argument there, but my partner and I will have our mortgage paid off in 17 years, and we’re not planning to move again. You don’t have to keep refinancing and moving to a new place, unless circumstances in your life have drastically changed.