Re:Renting vs. Owning a Home, by State
by jjav on Monday September 04, 2023 @01:28AM
(#37377397)
> But if you live in the house, then just considering appreciation and expenses leaves out a huge benefit
Indeed. If you bought a house stricly as a speculative asset and neither live in it nor rent it, it's a terrible investement.
But since you can live in it, the equation changes completely. You can't live in a stock certificate and you have to live somewhere. If you could live for free somewhere (e.g. with parents) then sure, invest in the market and don't buy a house.
Indeed. If you bought a house stricly as a speculative asset and neither live in it nor rent it, it's a terrible investement.
But since you can live in it, the equation changes completely. You can't live in a stock certificate and you have to live somewhere. If you could live for free somewhere (e.g. with parents) then sure, invest in the market and don't buy a house.