3 ms·
As a 30 yo male who doesn’t intend to have kids, I’m wondering if it is a bad idea to buy a 1 bedroom in sf even though the math doesn’t seem to work out right
by dawhizkid 8y ago
As a 30 yo male who doesn’t intend to have kids, I’m wondering if it is a bad idea to buy a 1 bedroom in sf even though the math doesn’t seem to work out right now and 1 bedrooms historically do not appreciate as fast as multi bedroom homes.
- adamredwoods 8y agoI think this depends on your math. If you are willing to continually move to cheaper rents and invest your money to get better than X% year-over-year, then renting is a great option. The hidden value is in stability in having a home, which is very subjective.
- segmondy 8y agobuy a multi unit, you can have 1 or 2 rooms and rent out the rest.
- afarrell 8y agoThat sounds like a job
- lumost 8y agoOwning also helps close your natural short on housing. Your real cost of living gets eaten by inflation over time.
- sjg007 8y agoIt's probably fine. Does the implied rent cover the mortgage?