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Re:Housing Can’t Be Both Affordable and a Good Investment (2... by ctime on Thursday May 02, 2019 @12:09AM (#19804628)
Property tax? Do you really own something that someone else can take away?

And why would renting not work in old age? It works fine, its a value exchange and the money that ive saved for my old age in various investment vehicles will typically outperform most real estate investments.

Re:Housing Can’t Be Both Affordable and a Good Investment (2... by sys_64738 on Thursday May 02, 2019 @07:07PM (#19813850)
A lot of things are missed if you just compare hard numbers. A home brings distance from neighbors and size of place means you have privacy and a place to stretch out. Most apts are built on top of one another and price is high per square foot.

I also have an asset I can sell which doesn't exist when renting. Property taxes are generally lower relative to where I could rent and simply don't enter into it.

More important to me, a bought house is my home.

Re:Housing Can’t Be Both Affordable and a Good Investment (2... by fireflash38 on Thursday May 02, 2019 @11:22AM (#19808809)
> Property tax? Do you really own something that someone else can take away?

That applies to literally everything in the world, and therefore is pointless to bring up here.