A Boring Dystopia

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Poignant post on the state of things (lemmy.world)

submitted 9 months ago by STRIKINGdebate2@lemmy.world to c/aboringdystopia@lemmy.world

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[–] scoobford@lemmy.zip 6 points 9 months ago* (last edited 9 months ago)

Because retiring when you don't own a home is difficult. Not only is rent a lot more than property taxes, but it tends to go up unpredictably.

So for most people, buying a home of some kind is a given. Doing so sooner means saving more money, both because rent is generally more than property tax and because loan payments build equity, which is still fundamentally yours.