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Mortgages are a sales tactic You can make a mathematical transformation to compare Renting with Owning. O - R + R vs R + X Own - Rent our your place + Rent s
by EGreg 6y ago
Mortgages are a sales tactic
You can make a mathematical transformation to compare Renting with Owning.
O - R + R vs R + X
Own - Rent our your place + Rent somewhere else vs Renting and investing your principal some other way. So reducing you get:
O - R vs X
So owning and renting out a house vs all other investment opportunities, such as Bitcoin. Literally if you rented your house in the last two months and invested the principal into altcoins, you could then own 5 houses!