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by cmpolis
1798 days ago
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Thanks for posting - this is really helpful (reminds me of this similar NYT tool: https://www.nytimes.com/interactive/2014/upshot/buy-rent-cal...) A few notes: - "Final Cumulative Profit" is a bit confusing since this is not necessarily profit - this is how much less of a cost a house is over an apartment? - Is there a way to factor in opportunity cost of down payment being in the market instead of tied up in the house? |
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Rate of return in the results is basically the opportunity cost of your increased spend on the house. That can be compared to other possible investments.