Finance

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submitted 1 year ago* (last edited 1 year ago) by Recant@beehaw.org to c/finance@beehaw.org

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While buying a house is not a luxury everyone can afford, buying one instead of renting provides several key benefits that pay off in the long term.

What does everyone else think about buying when compared to renting?

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[–] deegeese@sopuli.xyz 21 points 1 year ago

This must have been written before interest rates hit a 20-year high.

Most of what he says is true, but it’s pretty tone deaf to write in this market.

Where’s that post-peak finance blog post telling people interest rates don’t matter because surely they’ll be able to refi.