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2024-06-05 06:00:32

Poly Pagan on Nostr: Thoughts? 🤔 ...

Thoughts? 🤔
I have friends/acquitances that bought in the last 2 years because “renting is throwing away money.”

They bought with the intention of refinancing within a few years. lol.

They’re now starting to have to make fixes to the house (hvac, plumbing, etc).

They didn’t account for a 30% inflation rise is those costs too.

Renting is not throwing away money. Housing is a consumption item.
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