01-26-2017, 10:13 AM
There are some "house things" you can't do if you rent. And there are some "rental things" you get if you don't own a house.
An example "house thing" can be a lawn you can dig up and garden.
An example "rental thing" can be hundreds of thousands of dollabux not locked into an only-moderately-fungible asset
Everyone's personal value functions will weight "house things" and "rental things" at differing levels. From individual to individual, and from day to day, you can say that "owning is better (for my values)" or "renting is better (for my values)" and be just as correct and true as the other.
In short: it depends on the person. And this is just in preference. For this to result in a non-frustrated individual, it must intersect with opportunity. To wit: if there ain't cheap rentals or affordable house-ownership methods in a market you're stuck in, you will be a sad puppy.
That is where this argument has value, _I think_: in arguing how to encourage these opportunities to allow populations of rent-preferers to rent, and own-preferers to own. Also, to create atmospheres that encourage rental authorities (property managers, associates, etc) to be pleasant to renters and owner authorities (city, region, tax, etc) to be pleasant to owners.
An example "house thing" can be a lawn you can dig up and garden.
An example "rental thing" can be hundreds of thousands of dollabux not locked into an only-moderately-fungible asset
Everyone's personal value functions will weight "house things" and "rental things" at differing levels. From individual to individual, and from day to day, you can say that "owning is better (for my values)" or "renting is better (for my values)" and be just as correct and true as the other.
In short: it depends on the person. And this is just in preference. For this to result in a non-frustrated individual, it must intersect with opportunity. To wit: if there ain't cheap rentals or affordable house-ownership methods in a market you're stuck in, you will be a sad puppy.
That is where this argument has value, _I think_: in arguing how to encourage these opportunities to allow populations of rent-preferers to rent, and own-preferers to own. Also, to create atmospheres that encourage rental authorities (property managers, associates, etc) to be pleasant to renters and owner authorities (city, region, tax, etc) to be pleasant to owners.