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Those $132.000 could into another investment like the SP500 and you could get 2.6x times the investment over a 10 years period (average return of 10% with divid
by base 8y ago
Those $132.000 could into another investment like the SP500 and you could get 2.6x times the investment over a 10 years period (average return of 10% with dividends). This would pay the rent + provide you a return.
I don't agree with all the points of the author as there are many factors to have into account when making the best financial decision. But rent can't be just seen as a negative investment, it's a cost that makes a person free to move their money into investments that provide a better return.