Quote from: milewilda on April 20, 2023, 10:14:23 PM

Quote from: erep on April 20, 2023, 09:57:34 PM

Quote from: wmaurik on April 19, 2023, 07:06:43 PM

Renting something if not to open a certain business will obviously be very detrimental. Because if it's only for a place to live, in the neighborhood where I live now there is a credit system for those who can't afford to buy a house in cash for a certain period of time. And I think this is a very wise choice because they can pay off their credit every month until everything is paid off, because some people who have taken home loans for their residence are also not that difficult to pay off their credit every month.

Now many houses available for any size can be purchased at a more affordable price than paying rent for a house every year but you never own the house, if you don't pay the next year's rent then you have to return the house keys to the owner, so it's better to buy a house for the future credit over 5 years to get low repayment costs, but if you have income then you can apply for a home loan purchase under 5 years to have a home ownership certificate.

Here in our country on which those housing developers do offer their houses even on the cheapest one isnt something that could be get by an average worker plus it does really still require lots of paperworks and something in related which its understandable since its a non cheap business where occupants and buyers should really be that something eligible on getting some unit and not really just that good for few months
until they couldnt be able to pay up their mortgage. No matter how small it would be, the interest and long term payment is something that would really be hindering you on finishing it out in the end of the line.
This is why most people doesnt have no choice but to pay up and look for some rented house.

Same here on which in our country which there is really some cheap housing offers on which the monthly amortization is really that cheap and something that could really be able to afford
but in exchange it would really be a very long time kind of contract which it would really be playing around 20-30 years which is something that absurd. If you are really that good in math
or calculations then you would really be able to say that their interest is really that high and this is where developers do really make tons of money which it isnt really that shocking
anymore.

This is why to those people who do opt out on renting are to those who doesnt really like to have such kind of deal or something to those people who had been declined on acquiring
these cheap housings (not cheap at all) if you do make out calculations. Its a waste of money actually but is there any choice that we could make on?
If we dont really have no choice then we do really ends up on something like this.