Why are people so hung up on the home ownership meme?

Because renting is peak cuck. Paying some guys mortgage every month to live in a room.

i think about this too.
There are many reasons why im hestitant to allocate that much money in home ownership. my only realistical prospect right now isbuying an apartment and i'm not really sure that's such a good idea for these reasons, all points below assume i take zero loans and can pay for the apartment in full (dont know if this is a good idea or not?):
1. there is still a fee to be paid for the actual property owner. this fee goes mostly to the loans the propery owner has to the banks, and some other things like water, electricity etc.
2. considering (1) i dont really see the value in being an "owner" since the monthly fee is still comparable to an average rent.
3. the risk involved in ownership and the opportunity cost having locked in my money in an apartment. As user above said. propery taxes could also fuck you in ass any moment and there is no way to defend against that once your money is locked in, apart from selling, good luck.

i dunno really could someone explain why or why not it's a good idea. to me i dont really see the hype behind it. the only upside is that you are not paying a jew landlord rent but even that gets nullified if you have to pay some bullshit living fee to the propery owner.

As someone who bought a townhouse (bad move) to get out of renting, the interest rates are so low right now it's actually less money than renting was.
Will I get my investment back? No clue. But at least the mortgage doesn't go up, the landlord doesn't let themselves in whenever they want, and I don't have to worry about moving if the prick doesn't renew lease.
New construction too so most house problems won't happen till I'm long gone.
But it's all 100% depending on your situation. In NJ the property tax alone is so stupid outrageous you're always paying rent.

Paying in full is dumb now bc of interest rates.

Pay 5% or like 20k down on a conventional lone for a property that's 350k. You're interest is like 2.8 a year.

You can use that 300k you didn't spend to earn like 8% a year

because renting for life means putting yourself at the mercy of kikes. no matter how hard you cope with being a rent cuck, at the end of the day a mortgage represents a fixed and definitive cost of ownership. you have maintenance/upkeep and property taxes but you're paying these indirect as a renter as well, in addition to perpetual rent ownership, in addition to your landlord's profit margin. renting is for cuckholds, land ownership is for people who have brains. this has been true since the dawn of time and it will continue to be true for the rest of time.

Not your keys not your house.

thats pretty sad desu

>As someone who bought a townhouse (bad move)
Elaborate on this. Townhouses look comfy

my house has appreciated 40% in 2 years and i pay

Townhouses are comfy for single people who have no intentions having a family. 3 bedrooms typically, so you get the master, an office, and a guestroom. For families they're designed to be just big enough to attract them then rapidly get too small for them. Like, I could list the reason why townhomes are almost like some kind of carefully constructed psychological starting family roach motel. Ah fuck it I will.
>Master Bedroom large to get newlywed or expecting couple to love it, other bedrooms too small for anything but small children. They won't realize this till they have to swap out a crib for a twin bed and it's uncomfortable.
>Second floor is usually open floorplan, so kitchen has no defined area, dining section is too small for a table larger than one of those square breakfast ones that, again, you won't notice till your kids get older
>Living room is usually directly adjacent to deck, so tons of light coming into entertainment area. No other logical place to put tv so another tiny annoyance you'll miss when you get sold on the place but get gradually more annoyed by
>First floor is a 2 car garage but typically only two sedans max. The minivan or truck can't fit so it stays outside. Have fun loading children in the rain which defeats the point of having a garage. The attached room goes directly to the stairs so it's not useful and the backyard is usually a fenced in grass patch
>Stairs stairs stairs. Not a big deal for an adult. A massive pain in the ass when you have to lug children around.
>Bathrooms critically too small
>Laundry room usually in weird spot
>Construction is boring and lazy, wife will wanna change half the shit in there and guess what? Wouldn't a NEW more EXPENSIVE house be a better idea? Sides, this is a starter home we're not STAYING here!
>Usually connected on one or both sides. So might as well be in an apartment.
>HOA usually gets infested by first time home owners and old people.

>down payment
>maintenance and household appliances/furniture
>property tax
>muh unrealized appreciation based on the figment of my imagination
You could have bought an index fund and achieved the same thing with less hassle

car looks pretty 50s

You can either pay and end up owning nothing or pay and end up owning something. It takes a special type of overthinking midwit to fuck this one up.

Drive there and take the pic user :)

>LOLOLOL! ONLY KIKEKEKS BUY HOUSES AND PAY PROPERTY TAXES!
SMART PEOPLE RENT AND PAY SOME OTHER GUY'S PROPERTY TAX FOR HIM!

Just poor people bitching as per usual and blaming successful people for not being losers like them. Blame your parents for being financially irresponsible and not getting a house to pass down. Sucks to be you, houseless jabronies.

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>Can't keep a consistent temperature. The upstairs is too warm, the downstairs is freezing. The only fix to this is zoned heat/cool with another HVAC for the 3rd floor but....oh man that's expensive why not just MOVE like a good goy?
Etc etc. I like my house, I'm very comfy, but It's just me. I can't imagine raising children. The only privacy would in theory be the bedrooms. Everything else is open.

since when did they change C U C K S to KEKS?

it takes 18 years of paying a mortgage before it becomes marginally better than renting

money. renting is throwing your money in the fire, in most places. buying, renting from the state, is much cheaper. you also have control over what you do with the house. e.g. you could paint murals on the walls or turn the entire thing into a rat farm.

>down payment
Security deposit
>maintenance and household appliances/furniture
Rent only covers what the lease covers. Furniture is on you no matter where you live.
>property tax
You're paying it, just not directly.
>muh unrealized appreciation based on the figment of my imagination
Except the fact it's a fucking house.
>You could have bought an index fund and achieved the same thing with less hassle
You could also have a shit landlord who decides he wants you out and doesn't renew your lease. Now you're moving. Again.

Only if you're poorguy with a 30 year mortgage. 15 years pays the principle much faster.

nigger you can buy a house for less than 100k. if you can't buy that in less than 5 years, you are a nigger. i will buy a house with cash in the next 2 years thanks to crypto.

Where in fucking Idaho? lmao

Yeah yeah, we get it, you're smart. Good job.

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anti-house talk is cope. renting is serfdom.

>Security deposit
yeah that equals a down payment retard
>You're paying it, just not directly.
lol
>Except the fact it's a fucking house.
lol
>You could also have a shit landlord who decides he wants you out and doesn't renew your lease. Now you're moving. Again.
landlords shockingly hold onto good tenants. it's crazy I know but they don't usually kick you out for no reason

you'd be surprised

I live in Australia and I can buy a semi-luxury apartment in the CBD for 100K and my city is the fastest growing in the world. If I go 10 miles out, I can buy a house and land for the same price. That isn't the average but then again neither is being intelligent.

It's simply a better experience to own your home. Equity is just a bonus

I've never been kicked out before but newsflash, landlords sell, companies change hands, and so does that property you're living in.
A good tenant doesn't mean shit if the landlord is a fucker.

a down payment isn't foregone money you dumb nigger ape, it is money upfront to put skin in the game (collateralization) and it also reduces the amount of the mortgage.

bullshit

Exactly, plus landlord means you require a constant income to pay the rent. If you're an owner, you can just go NEET-mode and live off noodles if you wish.

>falling for the mortgage meme
>not saving up for a few years living with parents then buying a house outright
uhhhhh well see you in 12 or 27 years i guess

COPE