this post was submitted on 05 Jun 2026
345 points (99.4% liked)

Technology

85212 readers
3794 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots


founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] EndlessNightmare@reddthat.com 2 points 2 days ago* (last edited 2 days ago)

Yeah, buying a home is very much a double-edged sword. It can go well but it can also become an anchor.

One thing people don't seem to properly account for (or at least I don't see it talked about much) on the rent vs buy is costs of commuting and opportunity costs related to one's career. Often the best way to get a raise is to change jobs.

Of course there's also more to decision than just financial. It's as much a lifestyle choice as anything else.

Buying may also be less appealing if you are by yourself or just a couple and don't want or need a whole-ass house. The math on buying a condo often isn't all that appealing compared to renting an apartment.