Re:How to earn your macroeconomics and finance white belt as...
by jdblair on Thursday March 07, 2019 @10:28PM
(#19334861)
I'm not forgetting. I have to live somewhere. If I pay rent somewhere else I'm paying market rent. That is the gp's point.
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Re:How to earn your macroeconomics and finance white belt as...
by liamcardenas on Friday March 08, 2019 @12:05AM
(#19335245)
Yes, but if you live in your own home, you are still paying market rent by means of opportunity cost.
You are renting to yourself-- at the market rate.
Re:How to earn your macroeconomics and finance white belt as...
by jdblair on Friday March 08, 2019 @01:56PM
(#19340854)
I still don't follow. As market rent goes up you will be renting to yourself below market rate. Suppose market rent is $2000/month and my mortgage is $2000/month. In 10 years market rate rent has gone up, but my mortgage is still $2000/month.