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.
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.