3 ms·
This article is classic example of misusing math to make an exact counter point. It ignores the fact that, - rents always keeps increasing for renter staying a
by sytelus 9y ago
This article is classic example of misusing math to make an exact counter point. It ignores the fact that,
- rents always keeps increasing for renter staying at same location
- there are significant tax advantages for high income earners
- people are not usually qualified to make investment decisions that would consistently outperforme real estate
- you build significant credit worthiness
- you get almost 2X or more living space for same or lower expenses
- in hard times, you can sublet extra room typically generating more income than investment dividends
- you get great free public schools, saving tons of money in private schools
- you have a say in how your neighborhood develops and evolves