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Avocado toast
(lemmy.nz)
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this post was submitted on 27 Oct 2026
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Microblog Memes
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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.
Created as an evolution of White People Twitter and other tweet-capture subreddits.
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- You are encouraged to provide a link back to the source of your screen capture in the body of your post.
- Current politics and news are allowed, but discouraged. There MUST be some kind of human commentary/reaction included (either by the original poster or you). Just news articles or headlines will be deleted.
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Wrong, so very wrong. First you get to keep 30-60% of your payment as principle, as opposed to rent where you keep 0. Second, the mortgage payment stays the same while rent goes up. Even during modest times this makes a noticeable impact but over the last 15 years the effect has been insane. Even just looking at equity your logic is wrong. Assume I buy a house worth $100k (to keep math easy) and pay $0 down. Now assume it doubles in value, the house is worth $200k and the mortgage is worth $100k. You just made $100k or in real growth close to $50k.
If you plan on staying in one spot for 4+ years, buying is essentially always the correct move. Renting gives you the ability to move as you desire but you're paying in unseen ways.