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A comment on Barely Half of 30-Year-Olds in the U.S. Earn More Than Their Parents Did at 30. Parent comment

Re:Barely Half of 30-Year-Olds in the U.S. Earn More Than Th... by Hondor on Friday December 09, 2016 @12:28AM (#13136868)
The rewards roughly do reflect this. Ordinary investing isn't clearly better or worse than investing in property. The problem is that ordinary investing requires many years of self discipline while paying a mortgage has the bank holding a stick over you to keep you from wasting your income on lattes and holidays.
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Re:Barely Half of 30-Year-Olds in the U.S. Earn More Than Th... by branchless on Friday December 09, 2016 @07:54AM (#13138457)
"investing"? What are people who take an existing home to restrict supply, then rent it back out, "investing" in? Extorting more like.

Disipline paying they mortgage! Is that a skill now, taking $1500 from a worker, trousering $300 then handing the rest to a bank.

You are the debt collectors for the banks. Distributed extortion. No skill there yet the rewards for parasites are huge.

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