this post was submitted on 05 Dec 2023
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I have done both, home ownership is also expensive and more stressful. Unless you've owned a home for over 10 years maybe don't get so mad at me for telling you that the American dream is a lie
We owned and went back to renting. Home ownership sucks. Taxes, maintenance, the stress of finding contractors who couldn't care less about you, Saturdays at the Home Depot, being trapped under the weight of a mortgage for 10+ years before you even see a mild positive increase in your equity...it's a joke. And if you want to move? Forget it. You're stuck.
I have the exact opposite problem, I'm sick of moving. I have to move just about every 2 years because of some bullshit my landlord pulls... I just want stability, to know I don't have to worry about looking for a new place so damn often...
Prior to buying our house, the longest I had lived in one house/apt for the past decade was no more than 2 years. After being in our house for a year, it legit felt weird to not be packing up our things and getting ready to vacate. It was amazing to not have to go through the stress of finding a decent place at a decent price and then moving. It also felt so much better knowing how much some of my friends pay for their Apts and that my mortgage is cheaper than their tiny ass one bedroom. And that my monthly price isn't going to increase next year like everyone else who's renting and needs to renew their leases. Yeah, we're the ones who take care of our own maintenance and yard work. But everything we've done so far would be things that we would have taken care of ourselves in a rented house.
The responsibility is more yes. The decrease in stress in regards to finding a new place to live constantly, the general stress of moving, and not having a place that you can legitimately call home has made us feel like this has by far been the superior choice.