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0 sats \ 4 replies \ @BlokchainB 18h \ on: Stacker Saloon
I can’t believe people out there psyop themselves into thinking renting is better than owning.
The return on rent is always -100%
depends what you are renting / owning.
There's a lot of nuance in this.
You can have a car in leasing (renting) and you don't have to care about insurance, damages, taxes etc. And when you want a new one, you just stop the leasing.
Some cases is the same with a house. If your work is temporary in a place you don't want to live forever, why buying a house when you can rent it ?
Even if I want a land... sometimes is better have a long term contract (lifetime lease agreement with usufruct), for better conditions. And again you do not have to deal with all adjacent trouble of owning it.
Just think why all billionaires do not "own" anything in their direct name? All their properties are in trusts names, that they can handle....
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I agree but often I hear the perpetual paying someone else for something you can outright own and be responsible for seems to be laughed at in certain circles
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What about pure ownership? When you don’t own something you are at the landlord’s mercy. Renters often can’t have pets because the landlord doesn’t want deal with pet issues in the property
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