Reply to If you liked renting would you just keep doing it?

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Reply to "If you liked renting would you just keep doing it?"

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[quote=Anonymous]Renting is perfect for you. My biggest regrets are buying the three homes we bought.
Nothing was wrong with the homes. They even appreciated, but the alternative would have meant we had 3x the money now and decades of experience in the stock market.
I sold all three properties in 2019-2023, put the money into market, and retired soon after.
The regret of 'losing' out on money is so much stronger than the need to own a home.
I plan to talk my kids out of owning or at least, I show them the alternative. I didn't know there was one when I bought the homes.
This pushing home ownership is real. I'm foreign born, so of-course I felt like I needed a home here. It's like the American thing.
You can do the math buying versus renting on homes around you and you probably have. You know it makes no sense to buy.
Pass down the knowledge of investing. I'm in charge of my children's money now. One works and the other received an inheritance. I went on the get a finance degree.
Zero interest in real estate. It was never an asset for us.
We also have several homes in the extended family and abroad. Nobody is going to sell the homes willy-nilly without offering relatives first.
I know it, because we have already been through it.[/quote]

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