Owning versus buying a house...I think buying a house can be good for a lot of people because it's a "forced saving" and after 40 years they'll have something to show for it, versus renting and blowing the balance on stuff they don't need. Sure, if you're a good saver then a rental model can work. The other benefit of owning is that you're effectively pegging your cost of housing versus a renal that increases with inflation each year ( I live in a high-inflation country). Thought-provoking post..thanks
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Owning versus buying a house...I think buying a house can be good for a lot of people because it's a "forced saving" and after 40 years they'll have something to show for it, versus renting and blowing the balance on stuff they don't need. Sure, if you're a good saver then a rental model can work. The other benefit of owning is that you're effectively pegging your cost of housing versus a renal that increases with inflation each year ( I live in a high-inflation country). Thought-provoking post..thanks