Future of American Dream 🏡 - eviltoast
      • lud@lemm.ee
        link
        fedilink
        arrow-up
        5
        ·
        9 months ago

        You can buy apartments too. Specifically I think you buy the right to live there indefinitely and not the actual building.

        • Swedneck@discuss.tchncs.de
          link
          fedilink
          arrow-up
          4
          ·
          9 months ago

          dunno how it works in the US, but in sweden there are like 3-4 ways it can be done, and fwiw renting here generally comes with the right to continue renting however long you like thanks to very strict renters’ rights laws.

          I know two of the ways to own an apartment is either straight up owning the actual apartment itself (with some asterisks obviously because it’s part of a building), and the most common form is to own the right to live there (and pay maintenance costs, which is why i find it pointless to own) and sell it on.

      • Swedneck@discuss.tchncs.de
        link
        fedilink
        arrow-up
        1
        arrow-down
        1
        ·
        9 months ago

        i mean you do realize that owning housing comes with maintenance costs, right? why would i spend money i probably don’t actually have to buy a house when an apartment would have about the same rent as the maintenance costs (and the ability to just move if the apartment is flooded or whatever)?

        • InternetCitizen2@lemmy.world
          link
          fedilink
          arrow-up
          2
          arrow-down
          1
          ·
          9 months ago

          Home maintenance sucks, but its not that expensive. Certainty basics are on YT. If it were a real challenge then apartments wouldn’t exist either. How often does your building need a new roof?