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by dennis_jeeves2
21 days ago
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> If you take the money you'd use for a down payment and mortgage and invest it instead (after paying rent) you end up in about the same place. You won't - you got to account for real inflation which is about 7% in US and taxes. Note that in both cases investing (simple investing like S&P500) vs owning a house you loose. It's just that overall loses will generally be lesser if you purchase and then sell a house. I will need you to to show me figures on yearly basis if you want to tell me otherwise. |
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