The benefit of renting is that when shit breaks, maintenance fixes it so that you don’t have to muddle your way through trying to replace the oven or some shit. Also you don’t have to do yard work. A good landlord is one who understand that his job is to provide housing and maintain the property, and not sit on his ass collecting passive income/hoarding wealth.
You can also up stakes and leave if something goes horribly wrong, and not repeatedly rebuild your house because of natural disasters or be stuck living next to the worst neighbor in history because you still owe $200k on the dirt you’re anchored to.
The benefit of renting is that when shit breaks, maintenance fixes it so that you don’t have to muddle your way through trying to replace the oven or some shit. Also you don’t have to do yard work. A good landlord is one who understand that his job is to provide housing and maintain the property, and not sit on his ass collecting passive income/hoarding wealth.
You can also up stakes and leave if something goes horribly wrong, and not repeatedly rebuild your house because of natural disasters or be stuck living next to the worst neighbor in history because you still owe $200k on the dirt you’re anchored to.