• WindyRebel@lemmy.world
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    1 day ago

    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.

    • qjkxbmwvz@startrek.website
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      1 day ago

      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.

      • Ledericas@lemm.ee
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        19 hours ago

        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.