this post was submitted on 29 Oct 2024
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I don't agree with this article unless they're solely talking about living in a disaster-prone area like Florida. There's going to be risks with homeownership just like there's going to be risks with owning anything, especially thanks to climate change and increasing natural disasters.
Honestly, this article leans more on the side of the mentality of landlords, since it essentially is saying 'the world is risky, let landlords shoulder this burden' and doesn't even acknowledge that you gain no future equity from renting. You can walk away from a rental with nothing but at least you can sell a house and regain some, if not all, of its value.
Leasing businesses and local landlords have bought up so many houses that people would've normally been able to afford and now want you to rent them instead of buy them. We don't need more reasons for renting to be the only option some have.