Or is it better to rent and invest somewhere else, since the stock market tends to have a better ROI than real estate?
Is rent just throwing away money?
Sebastian Peterson
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Michael Foster
Look up Martin's Shkreli (pharma guu that's now sadly in jail) "rent or buy" video
Henry Reed
It depends on where you are in life and your career. Some careers you need to move a lot.
If you are planning on having kids and will likely stay in the same area. Then buying a home is a good way to fix your costs and to build equity over time.
Jack White
Renting is fine for temporary housing. Renting while you're away at school, for example, or renting to be near a good job while you look for permanent residence. The goal should always be owning your own property, investing in it, improving it, and passing it on to your children. Because it's temporary, minimizing your rental cost is essential -- whether by splitting the rent with others, living well below your means, or living at home while you build savings.
Sebastian Phillips
Renting provides far more flexibility and you don't have to pay for repairs. No one ever considers the additional costs associated with owning a home up front. Unless you are buying a very recently built home you are pretty much guaranteed to encounter major repairs.
Alexander Johnson
Yes retard, because landlords don't you know, pay property tax, insurance on the property, fix the shit you break, clean the place up after they kick you out to make the domicile liveable for the next tenant, taking care of landscaping, and in some cases paying for some utilities like water etc
Ethan Sanders
The housing market is about to crash user, its massively overinflated and a shitton of people are going to default on mortgages once the impact of our 20% unemployment rate hits. Over the next year or two you will be able to buy boomer real estate at a fraction of the cost.
Nolan Morris
Homes are for responsible white men with good character.
Oliver James
>not paying for repairs
wrong, fix everything you can or they just put the rent up every time you call out anyway
Henry Hill
fix as much as you can yourself, and you're crazy if you don't think a new hvac/water heater/roof don't add to the value of the house