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That's a useless blanket statement. There are many places where it makes sense to buy a home even if you can't max out your 401k -- places where your mortgage p
by twblalock 10y ago
That's a useless blanket statement. There are many places where it makes sense to buy a home even if you can't max out your 401k -- places where your mortgage payments are a bit cheaper than your rent would be. You wouldn't be able to max out your 401k either way, so you might as well take the cheaper housing option, which is ownership, and put a little more into your 401k than you could otherwise.
- kspaans 10y agoplaces where your mortgage payments are a bit cheaper than your rent would be And where you have the stability to stay put and maintain those payments. You can't (easily) sell your house every year and move to a new one.