3 ms·
Thanks for posting - this is really helpful (reminds me of this similar NYT tool: https://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html https
by cmpolis 5y ago
Thanks for posting - this is really helpful (reminds me of this similar NYT tool: https://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html https://www.nytimes.com/interactive/2014/upshot/buy-rent-cal...)
A few notes:
- "Final Cumulative Profit" is a bit confusing since this is not necessarily profit - this is how much less of a cost a house is over an apartment?
- Is there a way to factor in opportunity cost of down payment being in the market instead of tied up in the house?
- alach11 5y agoWould it make more sense to invert it and plot cumulative cost? Rate of return in the results is basically the opportunity cost of your increased spend on the house. That can be compared to other possible investments.