this post was submitted on 20 May 2025
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Condos are stupid. The worst of both worlds between apartment renting and home mortgage.
As a former homeowner and former renter, now living in a condo, its also the best of those. We are building equity rather than losing rent money monthly, and when things break somebody else fixes it.
This meme has to die, there's so much knowledge out there on how to properly do the math on this
It's fun when people allude to having knowledge they don't display or share. Makes them look like they're feeling smugly superior while also contributing absolutely nothing to anyone.
It's the daddy's money of social media.
There’s a certain threshold at which I won’t bother. Saying that renting is loosing money instead of equity building is the real estate equivalent of being a flat earther.
That threshold is apparently "reality and facts"