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re: WSJ: There’s Never Been a Worse Time to Buy Instead of Rent (Housing Market board)

Posted on 10/23/23 at 5:00 pm to
Posted by Hester Carries
Member since Sep 2012
22495 posts
Posted on 10/23/23 at 5:00 pm to
quote:

For most people under the age of 30 (and single people that are older than that) it is smart to rent. You are paying for a place to live. This idea that you are somehow burning money by renting instead of paying into a mortgage is insane IMO


As a single 30s guy that bought i house, this is 100% true.

Just take the amount of money you would have been paying toward your principle and put it in a housing index fund and you can ride the prices the same as everyone else.
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