RE: Apartment or house? 06-18-2021, 05:05 AM
#90
(06-18-2021, 04:42 AM)mothered Wrote:(06-18-2021, 04:33 AM)Feat Wrote: I've been telling my girlfriend that when we finally get a place, I want to put a deposit down into a house and just pay off the mortgage.It's the best decision you can make.
You're set for life when you own your home and If times get tough with living expenses, you can live off bread and butter (so to speak). Moreover, Its value will Inevitably keep Increasing.
We had to have a whole conversation about that one night because she wanted to rent an apartment when we finally move in together, but I told her lets just save money for a large deposit and then pay the same amount of money we would for rent. And then in 10+ years, we legally own the house and it's an ever growing asset.