▲ | sidrag22 a day ago | |
its a unique math problem for the individual, but if you ARE buying, that likely means you have a down payment. so if you rent instead, you can then utilize that down payment for other investment opportunities. this touches on something the author sorta hinted at, mortgage as a forced investment. Some buyers/renters won't view the down payment as an investment opportunity if they go the path of renting, they decide to rent and suddenly theyve got a new car loan and all new furniture or whatever, and that down payment is gone, instead of compounding year over year in an attempt to make renting a financial advantage you can usually napkin math investing the down payment and it makes more financial sense to rent, but from a human perspective its just not gonna happen like that for so many people. they are gonna mess with that money instead. |