3 ms·
"digital nomad" is my dream lifestyle. But one of the major drawbacks longterm is rent vs mortgage. Most societies are structured in a way that wants you to set
by IIAOPSW 10y ago
"digital nomad" is my dream lifestyle. But one of the major drawbacks longterm is rent vs mortgage. Most societies are structured in a way that wants you to settle down. While monthly rent v. monthly mortgage payments might be similar in cost, and both fix the "where do I sleep" problem, after 30 years one leaves you with equity and the other does not. I wish there was something similar to a co-op where owning part of a company entitled me to a room just not any particular room. E.g owning type A stock lets me use a type A room in any city I happen to be in.