Articles like that still miss a bit of the nuance. Imagine having your house paid for, and you grow old and you have no rent to pay. Yes, you could have invested but likely you would have spent some of that money on something else, or your investments might have not worked out so well, or any other reason. Human reasons, to be specific. Owning property is like a lock.

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orangecat 42 minutes ago | parent | next [-]

Imagine having your house paid for, and you grow old and you have no rent to pay.

My home is "paid for". Except for the HOA and property taxes that are not that far off from what I was previously paying in rent, the ongoing maintenance costs with random large spikes, and the opportunity cost of having a large chunk of money in the house and not in the market. It was still probably the right decision, but it's not at all a free lunch.

	▲	sgt 5 minutes ago \| parent [-]
		Surely though, the HOA and all that would likely be baked into a renter's price. And you didn't need to go live in a HOA. I don't, and it's much cheaper.

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ericpauley an hour ago | parent | prev [-]

You and Matt Levine would get along: https://news.bloomberglaw.com/banking-law/matt-levines-money...