• AFK BRB Chocolate@lemmy.world
    link
    fedilink
    arrow-up
    6
    ·
    11 months ago

    Yeah, there are honestly a lot of reasons to rent instead of buy. One of the main ones is uncertainty about the market. Lots of times people think that the prices in an area are inflated and likely to come down. If you buy, you risk taking a big loss. The landlord, in that case, is the one with the risk. Similarly, if you don’t plan to stay in an area for several years, it can be more trouble (and even cost) than it’s worth. I’ve also known people who simply don’t want to be bothered with the upkeep, even if they can afford to buy. There’s a real freedom in being able to just pick up the phone when anything isn’t working, there’s a leak, or whatever.