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

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Mortgage payments can be less than rent payments, and after paying mortgage payments for twenty or thirty years you own property you can sell, whereas paying rent payments for twenty or thirty years you don’t.

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