How to make housing more affordable

Re:How to make housing more affordable by fredophile on Saturday September 25, 2021 @08:38PM (#28657384)

Housing prices don't need to beat inflation to be a good investment. If I don't own, I pay rent. Rent will go up with inflation but my mortgage is a fixed cost. By paying a mortgage instead of rent I save money long term.

Since buying a house comes with a large opportunity cost it may not be the best investment even if it is a decent one.

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Re:How to make housing more affordable by jseliger on Saturday September 25, 2021 @09:55PM (#28657727)

https://affordanything.com/is-renting-better-than-buying-sho...

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Re:How to make housing more affordable by sudosysgen on Sunday September 26, 2021 @11:34AM (#28661690)

Oh come on, that's assuming a 30 year mortgage with 5% interests and not taking into account inflation of rent.

Take into account rent inflation and use 2.5% interest rates and then we'll see...

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