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| Topic | What's the point in renting when you can be a property owner? |
| 1337toothbrush 12/04/17 11:01:48 PM #15: | SaltyWet posted... A house appreciates by about 1.5 percent. A good stock reasonably appreciates at 11%. Have fun actually making such gains consistently. Yeah, it's possible, but far more likely you'll make much less or even lose money on the stock market. A safer index fund gives you about a 5% return and beats many professionally-managed funds over a lifetime. You're also not taking into account that after you've paid off the house, you don't have to make expensive monthly payments towards housing. Even if a house were to not appreciate at all, you get the value of a house that you can sell. With rent, you get nothing. It's a black hole. --- ... Copied to Clipboard! |
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