Federal Reserve raises rates by 0.75%

Re:Federal Reserve raises rates by 0.75% by Valakas_ on Thursday June 16, 2022 @05:13AM (#31763950)

Because after 30 years of paying rent... you own nothing. After 30 years of paying a mortgage... you own land and a building.

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Re:Federal Reserve raises rates by 0.75% by swat535 on Thursday June 16, 2022 @10:38AM (#31766581)

OP said that they don't view housing as an investment thus owning the "land" should absolutely not matter. They might as well rent if its cheaper.

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Re:Federal Reserve raises rates by 0.75% by Valakas_ on Saturday June 18, 2022 @05:06AM (#31788352)

AFAIK an investment is when you put money into something expecting it to increase in value.

Buying a house just so that at the end you own it is not an investment, that's just a purchase with a loan.

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