this post was submitted on 14 Nov 2024
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[–] lemmyman 37 points 2 months ago (3 children)

I think it might be time to stop blaming the boomers. We own this mess now.

[–] [email protected] 68 points 2 months ago (1 children)

No, boomers do still own most things.

[–] Agent641 81 points 2 months ago (1 children)
[–] Brunbrun6766 19 points 2 months ago (1 children)

We lease this mess now, for $0 down payment and 5.6% APR*

*For 3 years, then APR subject to change on the whims of the owner

[–] [email protected] 7 points 2 months ago (3 children)

Real talk, I honestly don't get the point in leasing, or even how it's different from renting. Sounds more like renting with a different name.

[–] [email protected] 6 points 2 months ago

Lease has a specific term, generally long. Rent implies short term or indefinite length.

[–] Brunbrun6766 5 points 2 months ago

Typically, leasing is long term and renting is short term (contract length I mean)

[–] [email protected] 2 points 2 months ago

You're correct. They are the same. Loan may also apply.

However, depending on where you are, there are regional differences in where the terms get used. Locally, you rent an apartment but lease a warehouse (why?). Also, if you rent an apartment and turn over your lease agreement to another person, you are sub-letting the apartment. And "let" also means lease in this context. Err rent. Fuck, I've gone cross-eyed

[–] [email protected] 2 points 2 months ago

mandkind knew they could not change society, so instead of reflecting on themselves, they blamed the boomers

[–] [email protected] -1 points 2 months ago

Yeah, but it easier to blame others than accept reality.