My neighbor said 'you can't fix a house you don't own' and now I'm stuck on buying vs renting.

We were talking about my leaky kitchen faucet last week, and I mentioned I was tired of calling the landlord for every little thing. He just shrugged and said that line. It hit different because I've been saving for a down payment for about 3 years and have around $45k. The pro is building equity and not dealing with a landlord. The con is all the hidden costs and being stuck in one place. Has anyone made this jump recently and regretted it or loved it?

2 comments

2 Comments

wells.reese21d agoMost Upvoted

Ever notice how we use houses to talk about our whole lives? Your neighbor's line is the same energy as "you can't heal in the same place that made you sick." We say stuff like that about jobs, relationships, everything. It's a clean idea for a messy problem. Buying a house is a huge version of that. You trade one set of problems for another, but at least the new problems are yours to solve. I bought last year and the constant small fixes are real, but so is the peace of not asking permission to live in your own home.

alice_wilson7321d ago

Right @wells.reese, that peace is everything.