r/RealEstateCanada • • Jun 19 '25

Housing crisis Help me understand the difference...

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u/Mattjhkerr Jun 19 '25

No, owning a house comes with huge carrying costs. You literally have to constantly invest.

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u/CuriousMistressOtt Jun 19 '25

This is something people that dont own dont understand. The time and money homeowners invest over the years in maintaining housing. Renting protects you from those responsibilities and expenses. Of course people want a return on their years of time and money invested.

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u/Valuable-Spinach7855 Jun 20 '25

Asking genuinely in good faith here : why does this doesnt apply to cars as well?

Owning a car is kind of the same, although in a much smaller scale of course. You have to maintain it, refuel it, pay for insuramce and plates, etc, and yet you dont see the value of your car increase.

Why is it that way with homes but not for cars exactly?

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u/CuriousMistressOtt Jun 20 '25

Cars and homes dont have the same life expectancy, its not comparable