These finance bros (and some Realtors/Loan officers) convinced Millennials/Gen-Z that putting down a large down-payment is bad, knowing they were just going to use their surplus income to buy expensive vehicles, take more vacations, floss on social media, and not invest it where they would get a positive return.
I saved for 2 years to put 20% down to avoid PMI and give myself the lowest mortgage/interest rate possible. 80% of the people who were talking the "renting is better than buying" nonsense back in 2016-2019 out here looking goofy while Gen-X and Boomers sell to the highest bidder (Blackrock or a wealthy Gen-X'er) for it never return to the market.
Bruh don't start this bullshyt. Not only are house prices and rental prices up, the cost of maintaining a home is up too. Let a couple things fail and you don't have a landlord to save your water heater or a pipe that bursts in the winter. Roof? Same deal. And let insurance say "Nah, B" to your damage claim and you going through it. Owning is not a sure-thing in terms of affordability and as someone who now owns property, there were a bunch of reasons renting was easier.
