Re:Ask HN: Any good investments for those saving a substanti...
by elefont2 on Monday March 31, 2014 @08:31AM
(#7500960)
Past performance does not guarantee future results - That is true for all investment types, including home ownership.
Home ownership does have very advantageous tax consequences in the US compared to other instruments - e.g.: deductible interest, tax breaks on capital gains.
But it also depends on your stage of life. If there is a good chance you'll just randomly move to a different city or country in the next few years, then i would not recommend buying a home.
Home ownership does have very advantageous tax consequences in the US compared to other instruments - e.g.: deductible interest, tax breaks on capital gains.
But it also depends on your stage of life. If there is a good chance you'll just randomly move to a different city or country in the next few years, then i would not recommend buying a home.