Context: I am about to take over my parents house.  I have big plans for renovating it.
Speaker 1: Pretty soon I'll be taking over my parents mortgage.  Homeownership is on the horizon.
Speaker 2: That's a big step. I hope it works out for you.
Speaker 1: A huge step. But I'm done with renting and I have a lot of renovating plans in the works.
Speaker 2: I like renovation projects. And yes, renting is a waste of money