We all are. Always have been. That was my point. I don’t own my house, the bank does and as long as I pay each month half of my income they allow me to live in it. I will never own it 100%.
The things you’re pointing at have always been a problem, nothing new. And each year those problems grow. As do the deficiencies of our governments, our states.
Ok, while I understand you can feel like your house is a chain holding you down let me point out it’s honestly a massive jump from long term fixed loans with historically lower payments and an asset tool you can use for other loans again in the future vs the renting system younger people are in with rent higher than mortgage payments, lack of asset and no fixed price point which allows for abuse and rapid price increases further crushing budgets of anyone stuck in that which is a massive and growing percent of younger generations.
Your budget is hurt by rising grocery costs and other things where as renters are hit in rent and monthly living arrangement costs increasing. And will have no assets to call on ever later in life for loans, or retirement. You see a burden and don’t realize people are dreaming of such a lighter stone to be crushing them.
We all are. Always have been. That was my point. I don’t own my house, the bank does and as long as I pay each month half of my income they allow me to live in it. I will never own it 100%.
The things you’re pointing at have always been a problem, nothing new. And each year those problems grow. As do the deficiencies of our governments, our states.
Ok, while I understand you can feel like your house is a chain holding you down let me point out it’s honestly a massive jump from long term fixed loans with historically lower payments and an asset tool you can use for other loans again in the future vs the renting system younger people are in with rent higher than mortgage payments, lack of asset and no fixed price point which allows for abuse and rapid price increases further crushing budgets of anyone stuck in that which is a massive and growing percent of younger generations.
Your budget is hurt by rising grocery costs and other things where as renters are hit in rent and monthly living arrangement costs increasing. And will have no assets to call on ever later in life for loans, or retirement. You see a burden and don’t realize people are dreaming of such a lighter stone to be crushing them.