Re:Building a vision of life without work (2015)
by xur17 on Tuesday July 13, 2021 @02:11PM
(#27824198)
I'm going to go ahead and disagree with you. A house is a form of forced savings, which is why it works so well for people, but you absolutely can build up wealth while renting.
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Re:Building a vision of life without work (2015)
by UnpossibleJim on Tuesday July 13, 2021 @02:26PM
(#27824363)
It is for sure possible, no argument, but the actuality of it is relatively small, while the renters are putting in equity into someone else's pocket =/ Your "rent", as it were, goes towards something (even if a large portion of it is interest.. and extra payment a year towards the principal goes a long way).