Reply to Renting and investing vs purchasing a single family home

Forum Index » Money and Finances

Reply to "Renting and investing vs purchasing a single family home"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]U want to have some diversification, especially in the future as tax rules change. I’d put a significant amount in a real estate focused investment vehicle like an apartment REIT, and the rest in a standard equity fund, although you’ll never come anywhere close to the return on equity from a down payment on a mortgaged property. [/quote]

Truth is return on downpayment depends on mortgage rate. At current  rates it’s way under 7% of S&P historical return

I was glad I didn’t buy in 2020 even at low interest rate . My market returns afford me now  buy a  house all cash. [/quote]

I bought in 2020. 10% down, 2.7% mortgage rates.

My PITI is half what it would cost to rent my house today. I'm laughing all the way to the bank. And the rest of my investments have done extremely well, FYI. Putting 10% down in 2020 was a very wise thing to do.

As I pointed out on the other thread, people trying to claim renting is better are using apples vs oranges to prove their point. Sure, maybe it's cheaper to rent a cheap 1-bedroom versus owning a SFH, but they're also not the same.

[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics