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?) _______________________________________________ FoRK mailing list http://xent.com/mailman/listinfo/fork