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A comment on Investors bought a quarter of US homes sold last year. Parent comment

Re:Investors bought a quarter of US homes sold last year by nayuki on Wednesday August 24, 2022 @10:27PM (#32588692)
Did you account for the opportunity cost of your down payment? If you chose to continue to rent, you could have invested your $100k or whatever down payment in the stock market for ~7% a year.

On the other hand, you have to count the mortgage interest as a cost but not the mortgage principal repayment.

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Re:Investors bought a quarter of US homes sold last year by vel0city on Thursday August 25, 2022 @04:36PM (#32599627)
The increase in valuation in my house far exceeds 7% annualized. Compared to index funds and other investments over the few years I've owned it's far outperformed any other "investment".

Obviously, this won't hold true for all time-frames, and I'm not even necessarily a fan of thinking of primary residences as investment vehicles, but if you're going to compare it for opportunity cost it's still not necessarily a home run comparison.

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