44, I don’t own a house but kids are in private and college is paid for…

[Anonymous]

Anonymous wrote:This owning versus buying is very individual. I sold my home end of 2019. When the market crashed in March 2020, I put most of that money into market.
My rental was 30% cheaper and much nicer than my home had been.
I also got 2 months off during covid when no one was looking to move.
The money in the market did 10x+ within 1.5 years.
I went on to sell two more properties, because of my abilities to invest now. Down markets are great.
I was never going to use whatever is on that list of 'benefits' for homeowners. Not even refinancing, because I had 15 year loan and I was 11 years in.
Being able to move when I need or want to and not having maintenance expense, would be an overkill in my case.
I know what it cost my latest landlord to make the place ready for me and there's the A/C that needs fixing. Meanwhile, I get my rent paid by just the fluctuation of the market without losing the number of shares. I may buy one day when it makes sense.

You just got lucky. I have a small home. I bought it cheap. It is in excellent condition, low maintenance. A home is a shelter first and foremost.

[Anonymous]

You don't own a house yet at 44??? Might as well buy a coffin then.

[Anonymous]

It's buyers market again, do 15 years instead of 30 yrs but that's totally personal.

[Anonymous]

I don't know why we waste so much time talking about equity WRT race, gender, national origin, sexual orientation etc.

It all comes down to how much money your family has. Lots of white liberals love woke talk and “intersectionality” and that crap because it keeps the focus away from their money.

Eat the rich.