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RE: LeoThread 2023-11-16 14:57

in LeoFinancelast year

home ownership can be overrated depending on circumstance

Lots of extra costs, maintenance, headaches and money down. + interest rates currently are absurd

It’s different for everyone, but I’d say the average person should b a renter

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It's definitely not for everyone. But as someone who rented and then was a nomad for years, I am very glad to be back on some private property. Yes, it's a TON of work, but in my case, well worth it. From nomad to #homestead #farmer!

Love to hear that! Yes under the right circumstances it can make a lot of sense

It also can be highly restrictive especially in the instance of work opportunities/transfers.

That is when it becomes an asset. Rent it out. 😁

yep definitely another factor

Government regulation and hunger for even more taxes doesn't help either. This being said, Going outside urban centers can yield really good opportunities, both in USA and EU, and I guess elsewhere too.

I'm trying to convince my gf of this

My husband and I have done both. And each situation has it's pros and cons