Re:Why Entrepreneurs Start Companies Rather Than Join Them
by nojvek on Saturday April 14, 2018 @12:37PM
(#16838066)
Errrrr ... you can always sell your house. In the last 5 years prices have almost doubled in many Livable cities.
Suppose you bought a house for $300k, paid down $100k of it and sold for $600k. You’d be walking away with a decent amount of cash. In rental when you get kicked out, you get nothing.
Renting is paying someone else’s mortgage. If you know you’re gonna stay in one place for a long time, and the market is stable or booming, buying always makes sense.
Suppose you bought a house for $300k, paid down $100k of it and sold for $600k. You’d be walking away with a decent amount of cash. In rental when you get kicked out, you get nothing.
Renting is paying someone else’s mortgage. If you know you’re gonna stay in one place for a long time, and the market is stable or booming, buying always makes sense.