Also if you fail to pay your mortgage you’re fucked, the bank keeps the house and in some fucked up cases (like during the spain financial crisis iirc) you also keep the debt.
That is another reason to live in a rented house. It’s exchanging “property” against freedom and better control over your money and less obligations.
Also you cal lose a leased home if you don’t pay, but you leve without debt, or at least only the month which you debt.
Also if you fail to pay your mortgage you’re fucked, the bank keeps the house and in some fucked up cases (like during the spain financial crisis iirc) you also keep the debt.
That is another reason to live in a rented house. It’s exchanging “property” against freedom and better control over your money and less obligations. Also you cal lose a leased home if you don’t pay, but you leve without debt, or at least only the month which you debt.