• bionicjoey@lemmy.ca
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    10 months ago

    So everyone needs to be able to spend the upfront capital to buy a home? What about people who want to rent? There are lots of advantages to not buying.

    • Neato@kbin.social
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      10 months ago

      Loans exist. And reduce the upfront cost in paperwork to buying a house. It shouldn’t cost nearly 5 figures just to get documents signed.

      • bionicjoey@lemmy.ca
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        10 months ago

        So instead of paying rent, you pay loan payments. And the bank can seize your property if you can’t pay. Sounds like six of one and a half-dozen of the other.