Renting is not throwing money away, and I say that as somebody who spent eight years feeling ashamed about it. You are buying the ability to leave.
2 responses in agree
Nobody says a hotel is throwing money away. A home you do not own is a service you are buying, and the shame attached to that is cultural rather than financial.
The freedom is real and it is worth something. I took a job in another city on three weeks notice, which I could not have done owning.
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what all this does to your head, and what to do about it.