this post was submitted on 28 Mar 2024
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[–] [email protected] 1 points 1 year ago (1 children)

That said this part is simply false for people who own just one property - the one they live in. If you own a 1-bedroom condo which went from 400K to 800K between 2016 and 2021 and want to take the difference, you have to sell it. Great, you have 400K extra. Now where would you live?

I don't know, but based on your previous comment where you said you'd save about $1700/mo renting you'd be 15 years of savings ahead of the renter.