A lot of people don't seem to understand that not all housing is a good investment, and that paying rent and making your landlord pay for repairs and maintainin

A lot of people don't seem to understand that not all housing is a good investment, and that paying rent and making your landlord pay for repairs and maintaining the house while you invest your money elsewhere is often the smarter move. How many years do you have to pay mortgage on that house before you break even? What state will the city be in in 15 years? What will your actual ROI be? How long will it take to sell the house? So you can buy a house in St. Louis, one of the worst cities in the US for crime. That doesn't make that house a good investment. It makes it a mediocre investment that will probably barely keep up with inflation and be a pain to sell when you decide to move. Relevant article: https://www.wsj.com/articles/my-10-year-odyssey-through-americas-housing-crisis-1516981725 https://www.wsj.com/articles/my-10-year-odyssey-through-amer... > I get it, I get it -- "but then I'd have to live in St. Louis!" That's funny, I guess, but who is the joke really on? How much is that ocean worth to you? Ironic sentiment from someone living in New York. I don't see you moving to St. Louis to buy a cheap house.