What’s the reason for not just renting housing till the end of time and dumping my excess savings into REITs? Is there a big difference in outcomes vs buying a home?
In: Economics
If the mortgage price is the same as your rent, why not do both? The main thing with a mortgage is that you’re leveraging someone else’s money. If the market exceeds your interest rate, you will be doing very well, and historically that has been the case.
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