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Property tax? Do you really own something that someone else can take away? And why would renting not work in old age? It works fine, its a value exchange and t
by ctime 7y ago
Property tax? Do you really own something that someone else can take away?
And why would renting not work in old age? It works fine, its a value exchange and the money that ive saved for my old age in various investment vehicles will typically outperform most real estate investments.
- fireflash38 7y ago> Property tax? Do you really own something that someone else can take away? That applies to literally everything in the world, and therefore is pointless to bring up here.
- sys_64738 7y agoA lot of things are missed if you just compare hard numbers. A home brings distance from neighbors and size of place means you have privacy and a place to stretch out. Most apts are built on top of one another and price is high per square foot. I also have an asset I can sell which doesn't exist when renting. Property taxes are generally lower relative to where I could rent and simply don't enter into it. More important to me, a bought house is my home.