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Hmm in that case I think your argument doesn't make sense. "Good investment" regarding purchasing your own home is in comparison to renting. The price of the ho
by cloverich 4y ago
Hmm in that case I think your argument doesn't make sense. "Good investment" regarding purchasing your own home is in comparison to renting. The price of the home doesn't need to go up for it to be a good place to put money, nor does it require any sort of "Ponzi scheme". It only requires the total price of maintenance not exceed the price of forever paying rent.
- BenFranklin100 4y agoThat’s because twice now you’ve not bothered to read what was actually written. I’m not going to explain the argument a third time to someone who isn’t putting in the effort.
- cloverich 4y agoOf course i could be wrong but you seem to contradict yourself in your first reply (You claimed new landlord policies were paramount, then that you were talking about primary residence ownership where landlordship wouldnt apply?). You then said primary home ownership is a ponzi scheme which I gave an example as to why that seems untrue. I might be wrong here but providing a counter argument supporting why renting should be preferential to home ownership financially would be helpful as that seems superficially untrue.