4 ms·
In their example case of someone with a 5 bedroom house, its obvious: sell it and move to a 1 or 2 bedroom condo. Renting isn't going to be optimal if her rent
by ecshafer 1y ago
In their example case of someone with a 5 bedroom house, its obvious: sell it and move to a 1 or 2 bedroom condo. Renting isn't going to be optimal if her rent doubles every 10 years and she lives to 100.
The other option that boomer generation doesn't seem to be using as much is multi-generational homes. Give the house to your kid, you play grandma/grandpa and give them child care. The kid gets a cheap house and cheap childcare. You build multi-generational equity.