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A comment on A Growing Problem in Real Estate: Too Many Too Big Houses. Parent comment

Re:A Growing Problem in Real Estate: Too Many Too Big Houses by stale2002 on Thursday June 20, 2019 @01:10PM (#20234938)
No? It give me freedom to rent.

At any point that I feel like it, I can pick up and move. Whether it is to a place across the street or on the other side of the country.

I wouldn't have nearly that much freedom if I had the misfortune of owning my own place.

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Re:A Growing Problem in Real Estate: Too Many Too Big Houses by mamon on Thursday June 20, 2019 @07:33PM (#20238520)
As someone put it: freedom is just another word for "having nothing left to lose". Homeless people are generaly most free of all, they do not have any obligations, bills to pay, work to show up, but I wouldn't consider that something we should aspire to.
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Re:A Growing Problem in Real Estate: Too Many Too Big Houses by newsoul2019 on Thursday June 20, 2019 @01:49PM (#20235342)
Do you see this as a temporary or permanent situation in your life? What is your "end game" so to speak?
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Re:A Growing Problem in Real Estate: Too Many Too Big Houses by tathougies on Thursday June 20, 2019 @04:58PM (#20237303)
> What is your "end game" so to speak?

One very reasonable 'end game' for those who do not want to own is to invest enough cash in the stock market so that your rate of return supersedes your rent, thus guaranteeing that, if rent increases are within reason, you are able to finance renting interminably. Stock markets typically have a higher rate of return than real estate, so...

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Re:A Growing Problem in Real Estate: Too Many Too Big Houses by zaccus on Thursday June 20, 2019 @02:48PM (#20235977)
Nothing is permanent. The end game is death.
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Re:A Growing Problem in Real Estate: Too Many Too Big Houses by stale2002 on Thursday June 20, 2019 @03:38PM (#20236542)
Permanent.

Buying a home is a bad investment, because I could have all that money getting 7% returns in the stock market.

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