Re: Buying vs renting

Lucas Gonze <[email protected]>
Newsgroups gmane.culture.people.rohit-khare
Message-ID <CACvjfP=rV9MVHm_Hrf4dROdQ_qheCoHp_Rx_-iY+Mr356RdXLQ@mail.gmail.com>
The wise and magnificent Sean Conner wrote:

> It was thus said that the Great Lucas Gonze once stated:
> > Dear FoRKie,
> >
> > If I sell my home (with another 15 years of mortgage left to pay), put
> the
> > money in the market, and pay rent instead, will I earn more?
>
>   In 15 years, you'll own the house outright, saving you a mortgate payment
> every monty.  In 15 years, rent will increase.
>


But - rationally - don't I evaluate that option then rather than now?

Isnt' the only thing that matters my current rate of return?



>
>   -spc (Since when did a house become an investment instead of a place to
>         live in?  Rent free, once you retire?)
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