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My mortgage is $1900 a month and I am extremely grateful for that, because it's been that for three years. I chose to buy so that I could have more predictabili

My mortgage is $1900 a month and I am extremely grateful for that, because it's been that for three years. I chose to buy so that I could have more predictability in my housing costs, and maybe someday I'll move, but then I'll rent it out. All that to say, if you can buying is infinitely better.

apwell23 1y ago
only because you got lucky to buy at that interest rates. Thats like saying it makes sense to buy tesla stock because i bought it at $10
- saulpw 1y ago
  You can refinance your mortgage when interest rates are lower.
  - apwell23 1y ago
    you can also win a lottery
    - saulpw 1y ago
      At least 10^7 people have refinanced their homes at lower rates, while only 10^5 people have won the lottery. So refinancing is substantially more likely than lottering.
      - apwell23 1y ago
        yea an event that happened just once ( 2.5% rate ) is more likely.