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Thank you, this is one point people miss. The other is the value of the real estate and it's increase. Sure, you might not get that 36,000 a year but that is co
by NowThenGoodBad 7y ago
Thank you, this is one point people miss. The other is the value of the real estate and it's increase. Sure, you might not get that 36,000 a year but that is completely dwarfed by a 23% increase in the median home price, bringing it to $1.4 million[1]. You could rent for 10 years or just buy and sell it off a year or 2 later.
So, while it is true that not renting would mean not getting that $3000 a month, it really comes out to chump change when you consider how the price of the property has rapidly risen.