3 ms·
How are we on buy vs rent for like the third time this month? There are a million calculators out there and I've linked 4 in a previous post (https://news.ycom
by lesuorac 1y ago
How are we on buy vs rent for like the third time this month?
There are a million calculators out there and I've linked 4 in a previous post (https://news.ycombinator.com/item?id=44794529 https://news.ycombinator.com/item?id=44794529). The math just works out in favor of renting because real estate doesn't appreciate as fast as other stuff.
There are of course no-monetary reasons to own a house.
As well as if you plug in an interest rate of say 2% it starts to look like owning is better than renting. But we're not in that environment for the next year or so.