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Thanks for providing the source; this comment clarifies the headline: > “When you assume that those monies are reinvested at a rate of return, renting, on aver
by phnofive 9y ago
Thanks for providing the source; this comment clarifies the headline:
> “When you assume that those monies are reinvested at a rate of return, renting, on average, wins in terms of wealth creation,” Johnson said. “Of course, many renters will not reinvest those monies and will instead use them for consumer goods, which is the least desirable option in terms of building wealth.”
Mythical, prudently invested renters may beat RE appreciation. You can’t sleep in a vanguard account, but I suppose you can’t buy bread with equity either.