[bottlepalm]

Taxes goes up, insurance goes up, repair costs goes up, and with a 30 year mortgage you lose like 50% the value of the home in interest payments.

[antisthenes]

> with a 30 year mortgage you lose like 50% the value of the home in interest payments.

You don't lose anything. The interest is the price you pay for the time value of the loan given to you.

You also get a tax break on at least 200k in "profit" (really more like inflation) when you sell the home.

[bottlepalm]

Money spent that isn’t transformed into equity is considered lost.

[vips7L]

Those are all rolled into rent too.