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by GigabyteCoin 4032 days ago
>Renters can build equity by building their investment portfolio.

But you can't live in an investment portfolio.

I get the point that the author is trying to make. The TSX has outperformed the Toronto condo market. But I would still invest in a home before I invested in the stock market for the same reason I invested in GPUs to mine Bitcoin instead of Bitcoin a few years ago.

GPUs (as well as condos) are tangible. If Bitcoin (or the TSX) was worthless tomorrow, my GPUs and condos would still hold value.

If the stock market was wiped out tomorrow, I would still have a place to live if I owned the property.

I would hate to be in the situation of relying on my next monopoly money dividend to pay for the rent on a home which I do not own.