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[–] • 0 pt

Renting ≠ owning.

[–] • 0 pt (edited )

Ya I also don’t have $100,000 to buy a $500,000 shack near a good area.

Edit: to give you an idea of what I’m taking about

https://www.zillow.com/homedetails/710-W-End-Cir-Franklin-TN-37064/42635279_zpid/

[–] • 0 pt (edited )

Yeah shits way over valued right now. It's only really worth ~$220,000. At that price point $900 a month would be the estimate which is closer to what the other guy is paying.

In any event buying the house now at the overvalued amount is still less than the $2500 a month bill for rent you quoted.

[–] • 0 pt

Sure the payment is lower. But to get into that little $440k house with closing costs and every everything would still mean I had to have a $90,000 in cash to put down. After taxes that’s about $150,000 in earnings.

I lost my business during the commie covid lockdowns and lost about $93,000 of my own money. So I’m starting from scratch and renting is my only option until I rebuild.