This is definitely the norm in many, many countries. This is the first generation, at least in a long while, where buying a home is looking completely impossible for many…
Honestly, until you pay off your house then you’re just fucking renting it from the bank as your landlord. We’re all renting, we just like to present it as if we’re not. Yes, equity can be built which is different but at its core it’s still the same.
The bank doesn’t own the house, they just have a significant lien against it. Maybe a potato potato situation (how are you supposed to spell that phrase 🤔), but it is an important distinction.
Landlords can get pissed if you paint the walls/change appliances/remodel/etc., but so long as the property is properly insured (and you make your loan payments on time) the bank probably isn’t going to bother you.
Landlords can — and do — place restrictions on quiet hours, guest policy, who is allowed to live there, etc. Owning is definitely different.
sounds like HOA, they enforce all kinds of BS. our state is so friendly to tenants, they even trashed the place and the homeowners cant do anything about it, or is too scared.
Some people don’t own their home. They rent it. Took me a while until I realised that we were the abnormal ones for owning homes.
Only abnormal in this oligarchy
Back in the 80s, HS dropouts who worked part time at the local gas station could afford a 3br mortgage with a smile and a grin
If you want to finally be normal, just give your home to me.
I wouldn’t say “abnormal”, I would say the “lucky few”
This is definitely the norm in many, many countries. This is the first generation, at least in a long while, where buying a home is looking completely impossible for many…
Honestly, until you pay off your house then you’re just fucking renting it from the bank as your landlord. We’re all renting, we just like to present it as if we’re not. Yes, equity can be built which is different but at its core it’s still the same.
The bank doesn’t own the house, they just have a significant lien against it. Maybe a potato potato situation (how are you supposed to spell that phrase 🤔), but it is an important distinction.
Landlords can get pissed if you paint the walls/change appliances/remodel/etc., but so long as the property is properly insured (and you make your loan payments on time) the bank probably isn’t going to bother you.
Landlords can — and do — place restrictions on quiet hours, guest policy, who is allowed to live there, etc. Owning is definitely different.
sounds like HOA, they enforce all kinds of BS. our state is so friendly to tenants, they even trashed the place and the homeowners cant do anything about it, or is too scared.
And then there’s taxes that have to be paid, and if not you can lose the house you own.
We live in a society
No we don’t. This is just another jungle now, with wild animals. You can’t depend on anyone for anything anymore, society is over.