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I can afford to buy a house but it makes more sense economically to buy assets instead. A house is not an asset in my view unless you buy it to rent out. And b
by deterministic 3y ago
I can afford to buy a house but it makes more sense economically to buy assets instead. A house is not an asset in my view unless you buy it to rent out.
And buying a house to rent out might not be the best way to invest long term.
I highly recommend actually sitting down and doing a detailed value/cost comparison of what makes most sense over the long term. The result might surprise you. It certainly surprised me when I did it.