4 ms·
> "Storing any amount of money for the amount spent is better than banking none of that money" It's not just the cash flow which matters, you must consider man
by wreegab 13y ago
> "Storing any amount of money for the amount spent is better than banking none of that money"
It's not just the cash flow which matters, you must consider many other factors. Have you heard of "depreciation", you know the expenses required in order for your house to keep its value? It's a whole lot more than the "10$" gained in the first years when using a mortgage. You keep focusing only on the cash flow of one part (mortgage vs rent) of the whole deal and ignore everything else. That's nonsense.