On the other hand, renting an apartment translates to a 100% decline in value (a... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		xenonite on Sept 17, 2020 \| parent \| context \| favorite \| on: The majority of 18- to 29-year-olds in the US are ... On the other hand, renting an apartment translates to a 100% decline in value (and 0% ownership).

klmadfejno on Sept 17, 2020 [–]

Renting is not a leveraged loan worth multiple times your annual income.

Home ownership may generally be better than renting. But home ownership and value decline is much much worse.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact