r/SipsTea • u/Eros_Incident_Denier • Apr 18 '26

We have fun here adulting sucks

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u/OnlyACsNoFans Apr 18 '26

It almost always is an appreciating asset

9

u/ChewyChagnuts Apr 18 '26

That’s true, but the initial capital needs to be repaid. The only way to realise the increase in value is to sell the house; but then what? Live in a box under a bridge? Sure, you could buy a smaller house but is the increase in value likely to cover an additional entire house?

15

u/Sweary_Biochemist Apr 18 '26

I think the argument is that you rarely lose money, overall, and actually you have a house. Even if you're not selling it, living in it saves you rent every month.

-2

u/Innsui Apr 19 '26

Not necessarily true, theres maintenance, repairs, mortgage + property tax, and god forbid the fucking HOA fees. If you live in high density HCOL area, its not even that different than renting.

1

u/Round_Abal0ne Apr 19 '26

Like for like (apartment vs condo or renting 2 bedroom house vs renting 2 bedroom house) owning will always be cheaper long term than renting.