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

>Which, in practical terms, means losing money.

Only if you're a robot that sleeps in a closet. Otherwise you have to live somewhere during that time. And every penny spent on rent is literally just vaporized into nothing.



It goes to not dying on the street... Which is variable value, but still quite valued thing.


Additionally, you’re paying for the right to move relatively quickly and cheaply, even in a depressed housing market.

Someone who rents can move to a new opportunity much more easily than someone who owns, and would need to either sell or find and manage tenants.




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

Search: