Why is it better to buy a home with a mortgage even if you can buy it off in full?
In: Economics
It’s called opportunity cost. It’s the cost of not making a better investment. You could take the money and make an investment that has a better return on investment than buying a house. That doesn’t necessarily mean that it’s always that way though. There are a number of things that could make it sway one way or another and some it is just dumb luck when it comes to housing.
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