/biz/ - Business & Finance

Why is /pol/ obsessed with home ownership?

Low interest rates have made it so mortgages have blown the fuck out to huge amounts that you now must borrow to buy a house. You’re essentially signing up to be a slave for life. There are also a ton of maintenance costs to owning a house.

You’re better renting and investing the rest of your money. In the long run the amount of money you save renting, that you invest, works out much more. Your house won’t pay you an income at an point in life, it will only cost you money, but the money you could have spent on investments will pay off bigly


This isn’t the 1990s or before where home ownership was actually a good thing and was better than renting. The mortgages you must take on now are fucking insane, and you have to either be a brainwashed by your dumb ass boomer parents, or you’re just flat out ignorant of how the world works now.

So again, why is /pol/ so obsessed with home ownership? Do they not realise how times have changed?