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A comment on Mortgage Rates Jump Above 6%, Putting Pressure on Housing Market. Parent comment

Re:Mortgage Rates Jump Above 6%, Putting Pressure on Housing... by mancerayder on Friday September 16, 2022 @01:51PM (#32869642)
Interest is tax deductible, and if you have an investment property you can write off a lot of things.

No tax benefits go to renters. That's one of many considerations here other than raw liabilities.

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Re:Mortgage Rates Jump Above 6%, Putting Pressure on Housing... by ska on Friday September 16, 2022 @06:01PM (#32872551)
This all depends on jurisdiction of course.

Agree a investment property is a whole other can of worms, but not really relevant on the "should I buy or rent, personally" decision. For that one, you need to compare to other investments, which is in many ways more straightforward.

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