Re:Lisbon’s startup scene rises as Portugal gears up
by EGreg on Friday February 26, 2021 @12:06AM
(#26271536)
Mortgages are a sales tactic
You can make a mathematical transformation to compare Renting with Owning.
O - R + R vs R + X
Own - Rent our your place + Rent somewhere else vs Renting and investing your principal some other way. So reducing you get:
O - R vs X
So owning and renting out a house vs all other investment opportunities, such as Bitcoin. Literally if you rented your house in the last two months and invested the principal into altcoins, you could then own 5 houses!
You can make a mathematical transformation to compare Renting with Owning.
O - R + R vs R + X
Own - Rent our your place + Rent somewhere else vs Renting and investing your principal some other way. So reducing you get:
O - R vs X
So owning and renting out a house vs all other investment opportunities, such as Bitcoin. Literally if you rented your house in the last two months and invested the principal into altcoins, you could then own 5 houses!