I sometimes click through the posts on Facebook regarding homeownership versus renting 🏡
I do want to eventually own my own land but I can’t make the math work comparing my small rundown apartment on the bus line – near parks and the library compared to buying a house and having to pay a lot more to heat it, maintain it and have to be reliant on an automobile to get everywhere.
Maybe buying a house makes a lot more sense if you are already renting a full house, or a high end apartment and are reliant on a car to get to work. But if you aren’t looking for the suburbanite experience and are currently happy with your existing living place it doesn’t make sense to tie up so much money in a hard to liquidate, non diversified asset which certainly can loose money.
For now, I’d much rather invest in the market and save for the time when I can buy my own land out in the country, in a freer state where I can have not only livestock but also the guns I want and the ability to have fires and do the self reliant things I want to do with my land.
