Political Memes

8159 readers

2145 users here now

Welcome to politcal memes!

These are our rules:

Be civil

Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.

No misinformation

Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.

Posts should be memes

Random pictures do not qualify as memes. Relevance to politics is required.

No bots, spam or self-promotion

Follow instance rules, ask for your bot to be allowed on this community.

No AI generated content.

Content posted must not be created by AI with the intent to mimic the style of existing images

founded 2 years ago

MODERATORS

[email protected]

1481

Hard work (lemmy.world)

submitted 2 years ago by [email protected] to c/[email protected]

59 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[+] [email protected] 3 points 2 years ago (2 children)

[removed by mod]

[–] [email protected] 4 points 2 years ago (1 children)

I'm guessing it's mostly about building equity. The average net worth of a home owner is $225k, while the average net worth of a renter is $6k. You can usually get a lot of the money you pay for your mortgage back if you really need to (and likely much more long-term, if the housing market isn't down). And you can do whatever you want with a house you own (change flooring, remodel, make garden beds, install solar panels, build a workshop, etc).

Renting makes sense if you plan on moving again within the next 5 years, or if you are very high income, can build significant equity while also paying rent, and just want everything taken care for you.