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On the one hand, a house is one of the only forms of leveraged investments the majority of the population will ever have access to. On the other hand, it's a m
by Gibbon 18y ago
On the one hand, a house is one of the only forms of leveraged investments the majority of the population will ever have access to.
On the other hand, it's a massive liability. Reduced mobility, little to no protection against disasters(fire, flood, tornado), property taxes, maintenance and repairs, unpredictable market forces, and so on.
I rent a house.. it's the best of both worlds.