• papertowels@lemmy.one
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    10 months ago

    Threw down over 20k in fixes so far in our first year of homeownership, and due to interest rates and closing costs, we don’t really have the opportunity to move anywhere else without taking a significant financial hit.

    You bet it’s not for everyone.

    • Rodeo@lemmy.ca
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      10 months ago

      Yeah but you know what, you always have a home. It is very unlikely the bank will ever foreclose on you, they rarely do that, even in 2008 almost nobody lost their homes.

      But me, I lose my home on my landlords whim. At any given time I may have just 30 days to pack my life up and fuck off, and there’s nothing I can do about it.

      You have stable permanent shelter. Don’t undervalue that just because you have to maintain it.