But then you own a home with a new roof or Hvac.
Not disputing these are very expensive (and that wages have been left in the dust by inflation for decades), but my parents didn’t get HVAC until 3 years ago.
And when you rent you only get a place to live, no equity.
You do get more than if you rent, and pay someone else’s mortgage.
Except if you rent you don’t have the same financial risk. A new roof or HVAC can easily be over $20k.
But then you own a home with a new roof or Hvac. Not disputing these are very expensive (and that wages have been left in the dust by inflation for decades), but my parents didn’t get HVAC until 3 years ago. And when you rent you only get a place to live, no equity.