Reply to What age should a adult child move out?

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[quote=Anonymous][quote=Anonymous]Hats how you never move for a job or career or person ever.

And btw, you can earn way more equity in the stock, crypto or direct lending market than buying a depreciating asset with flat mined value and 10% buy/sell fees round trip.

Build equity Bs. Maybe if you don’t move for 30 years and timed it OK. That’s just your money locked up that you put in it doing nothing but at the whims of whatever you sell it at later. [/quote]

No, I would never move for a person ever.  My job was in a major metropolitan area with a high concentration of places where I could potentially be employed, so, no, I wasn't planning on moving too far.

Your gains in stock market are taxed at 20% or so when you cash out.  Your mortgage payments for the first few years are almost 100% tax deductible, plus you have to live somewhere anyway, so if you are paying for your housing, why not pay yourself and then cash out with gains tax free when you are ready to move up the real estate ladder.

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