• PhlubbaDubba@lemm.ee
    211·
    9 months ago

    How exactly? A mortgage is in practice rent to the bank, complete with them getting to evict you if you turn out to not be able to pay, not to mention that the landlord at least hypothetically is responsible for providing repairs and appliance replacements.

    • SaltySalamander@kbin.social
      2·
      9 months ago

      How? Because in about 1.5years, I will own outright the house that I’m “renting” by paying off my mortgage. When’s the last time you can say that about some spot you were renting?

      Also, my “rent” is about 5x less than any renter in the area is paying for a similar house.