Re:How housing became the world’s biggest asset class
by SketchySeaBeast on Wednesday January 22, 2020 @03:56PM
(#22121927)
If you want to get technical you'd also have to give credit for how much you're saving a month by not renting. That'll be a grand or two a month you're not having to spend while you live in your investment.
[ Parent
| on HN ]
Re:How housing became the world’s biggest asset class
by refurb on Wednesday January 22, 2020 @03:59PM
(#22121968)
Absolutely. The baseline would be renting and doing something else with the down payment. In a lot of cases, principle, interest, insurance and taxes are a wash with rent (obviously there are exceptions).