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Sure, I've seen all manner of goofy talking points (both pro and con) around the financials of home ownership. Conversely everyone I've heard say lost their ass
by forgetfreeman 4mo ago
Sure, I've seen all manner of goofy talking points (both pro and con) around the financials of home ownership. Conversely everyone I've heard say lost their ass on residential real estate either bought too much house in a market overrun with speculation (Hi Florida) or move frequently.
- WalterBright 4mo agoI sold my previous house in 2000. It was sold last year for 4x what I sold it for. Meanwhile, the S&P 500 has gone up 6.3x. And I didn't add in any of the expenses I listed earlier if I'd kept it.
- forgetfreeman 4mo agoYou can't invest your rent in the S&P...