Rent on an apartment that you'd be very happy to rent is often cheaper than a mo... | Hacker News

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tom_ on June 11, 2019 | parent | context | favorite | on: Owning nothing is now a luxury, thanks to a number...

Rent on an apartment that you'd be very happy to rent is often cheaper than a mortgage on a house you'd want to buy!

It's not unusual for people to accept different compromises when they're not necessarily going to have to live somewhere indefinitely.

tonyedgecombe on June 11, 2019 [–]

There is also a tendency to "invest" in your house in a way you wouldn't bother with if you didn't own it. We just bought a new oven, if a landlord was paying for it I'm sure they would have spent half of what we did.

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