Earlier quoted context omitted.
You could hire your landlord to do all the chores and upkeep for your house. I'm sure he would do it for cheaper than your rent. How many times has he been around this year to fix things for you?
My landlord is excellent IMO. They always fix any issues I have usually by the next day. I can't say I have had a ton of issues though. But I mean stuff like mowing the lawn, shoveling the snow, cleaning out the gutters, and various other repairs and such that happen over time. That is what I mean by I value my time, and those things can take a considerable amount of time. Also my rent is only ~$1000 per month for a…
Your $1000 per month rent can only be compared with the interest part of a mortgage you'd get for the exact same housing you are paying rent for. If the rent is less than the interest would be, then yes, you are better off renting. You also have to be able to invest any money that would have gone to a mortgage to make more than the price of your rent in profit every month, because that is your loss each month on rent. It is achievable if you're shrewd and can stay cold headed. Compounding effects help you, but you're also vulnerable to rent hikes. If you stay for more than a few years with the same landlord, they will catch on to that you have a stable situation and are saving/investing, and they won't be able to sleep at night thinking about all that juicy income that you're saving and investing, that could belong to them.
I've shoveled snow and cleaned gutters, even put on a new coat of paint a few times. It is not worth paying somebody $1000 per month for that. That's a salary for somebody working 50% of full time just taking care of maintenance on the unit you're renting. You're also comparing renting a smaller place vs buying a bigger house. That's also part of the problem. Landlords have hogged all of the apartments and smaller housing in order to extract the lifeblood of young workers, when such units would also be available for sale and not rent in a healthy environment.