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A comment on Just Be Rich. Parent comment

Re:Just Be Rich by nly on Tuesday April 13, 2021 @11:50AM (#26794009)
Mortgages are generally cheaper than rents right now in the UK, provided you have capital put down for a mortgage
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Re:Just Be Rich by McScroogy on Tuesday April 13, 2021 @05:00PM (#26799236)
But how much capital? You also have to consider opportunity costs of putting down that capital.

Maybe if I put down one million and borrow another 300k, I can get a low mortgage. But I also lost one million.

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Re:Just Be Rich by nly on Thursday April 15, 2021 @04:16AM (#26817554)
Total return on the housing market has kept pace with the stock market in the UK for 20 years so there hasn't been much opportunity cost over here.
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