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>so, buying a house just makes sure you don't pay the little profit margin of the landlord Buying is not universally better than renting, period. There is no
by forgetsusername 10y ago
>so, buying a house just makes sure you don't pay the little profit margin of the landlord
Buying is not universally better than renting, period. There is no such thing as a free lunch; any profit received by owning the capital asset is compensation for the risk of holding that asset.
- wiz21c 10y agoYep you're right. I just wanted to explain that there is also a psychological argument at play. That warm comforting feeling...
- aianus 10y agoI would feel like there was a noose around my neck if I couldn't move without paying $30k in realtors fees (and possibly incurring capital loss depending on timing).