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Metropolitan DC Local Politics
Reply to "all these affordable housing do gooders are doing the billionaires' work"
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[quote=Anonymous][quote=Anonymous]Owning a home is definitely NOT the only way to build wealth. Renting is much cheaper than owning these days and if you rent a cheap place, you can pocket the difference and invest it in SP500. that’s the best way to build wealth for a young couple these days. Especially with having to move around for jobs in this modern economy [/quote] That’s your opinion. I prefer to pay 2014 dollars and 2020 interest rates for my housing and invest the difference between 2014 housing prices and 2026 housing prices in a variety of ways (including rental housing). I am easily ahead of where I’d be had I kept renting in the same building. [/quote]
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