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A comment on Nearly half of Bay Area residents say they want to leave. Parent comment

Re:Nearly half of Bay Area residents say they want to leave by usaar333 on Sunday June 03, 2018 @09:07PM (#17223660)
> Relatively low interest rates (locked in for 30 years), tax deductible mortgage interest (some) and prop13 make ownership still economically beneficial even if you don't assume massive appreciation.

That's not true in many parts of the Bay Area. See linked post above: https://medium.com/@usaar33/why-you-shouldnt-buy-a-home-in-t...

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Re:Nearly half of Bay Area residents say they want to leave by s0rce on Sunday June 03, 2018 @09:58PM (#17223922)
Good point, it certainly depends on how you do your model. Accurately predicting the housing market appreciation and your investment rate of return is challenging. Also, renting vs. buying have different risks (monetary and otherwise).
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