This piece is part of my 2016–2026 archive migration. Some original formatting, content, and external links may be missing, changed, or not be optimized.
“You Should Buy A House Because It’s Harder To Get Evicted”
Cringeworthy advice I often hear & 5 Arguments
Argument 1 – It’s The Same Process
You get evicted from both homes you buy and homes you rent. It might take a little longer for a home, but you still got to get the h*ll out of there if you stay behind on your mortgage payments long enough.
Argument 2 – “Borrow To Buy”
Buying a home is the equivalent of borrowing money to buy. The home will not be yours for an average time frame of 15–30+ years-no need to make it sound better than it is or like it’s actually yours.
Argument 3 – The Emergency Fund Saves You
What’s most important, whether you rent or buy (which is actually renting until you own – I love the way Elecktra put it in the show Pose, “Borrow to buy.”) is that you have an emergency fund in place. If you have savings, it doesn’t matter if you experience a loss of income; you’re Gucci.
Fake purchasing a home won’t ease your financial woes if something terrible happens to your finances.
Argument 4 – A Home Will Not Save You From Financial Tragedy
If things go south with the world (some say that’s the case now) or your finances, let me be the one to tell you that your home will not save you. My family lost their home years ago. It happened slower than someone who rents, but it was all the same process. No need to get them confused.
What will save you from financial tragedy is Argument 3: establish an emergency fund + living below your means. And for some people, this means renting a home because it’s more affordable in the long term for their financial situation.
Argument 5 – Challenge Traditional Advice
My mother reminded me the other week of a reading from The Daily Stoic: Trust but verify. Never adopt a piece of advice without questioning it, thinking it through, and learning how it could positively apply to your life.
Many people believe because they have done something, others should, too. This is incorrect thinking. Many people who own homes are on the verge of getting evicted, living paycheck to paycheck, are behind on their retirement savings, and don’t diversify their investments. These types of people are the worst people to take advice from.
So, when you get bullsh*t advice, thank whoever gives it to you, and do what will work best for you because 50% of the advice people give is often trash or inapplicable to your unique situation.
Trust, but verify.
Whether you rent or “borrow to buy” is up to you. Either way, you’ll need cash flow to afford either option.
This content is for informational purposes only — not professional advice. Consult a qualified professional before making any major decisions.