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?

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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

15 Answers

Anonymous 0 Comments

Other benefits of owning are you get deductions on your taxes for the interest and taxes paid. If you’re renting, you pay the landlord who gets the benefits.

One negative of owning is that you have to deal with all the maintenance issues.

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