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this post was submitted on 29 Apr 2025
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[Migrated, see pinned post] Casual Conversation
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At least they own a home tho...
I was thinking the same thing. Not to belittle OPs comment, because it does sound like a super annoying problem, but I’ve literally been unable to calm down or relax for the last few days, because the lease on my apartment expires tomorrow, and I haven’t been able to reach my landlord to get his approval to go month-to-month. I’m genuinely terrified I’m going to have to spend the next solid month looking for a new place to live (much easier said than done here), but all of that could turn on a dime if my landlord decides to take a second and call me back.
I’m so sick of the constant stress and uncertainty of renting and not knowing if this place I’ve poured all my money into might just not get renewed, I’d love to have the problem of trying to find a handyman or contractor. Oh and I know if my landlord finally does let me stay beyond the initial lease, he’ll raise the rent, because he can.
Renting is genuinely the worst, some rando having complete control over your life simply because one time they happened to have or had been given enough money to cover a downpayment on a home? What a farce.
They can kick you out due to no fault of yours, they can raise your rent to any amount, they are obliged to do very little maintenance, it is literally the same as serfs of the past. You provide value to the land holder in exchange for living on "their" land.
I was lucky enough to transition to homeownership after many years of renting, it is much more expensive now but rent increases year over year forever, the mortgage is a fixed rate for however long it takes to pay off and in a few years the costs of rent vs mortgage will flip, with the mortgage being more economical.
Few people talk about the long term rent cost outlook, take a peek at what rent will be in 15, 30, 50 years and feel your knees tremble. Our system is broken and will likely never be fixed.