milesbarr | 6 months ago | on: My thoughts on renting versus buying
That's fair. I was mainly trying to push back against the idea that owning a home is always a good investment. There are definitely other major advantages to owning a home.
milesbarr's comments
milesbarr | 6 months ago | on: My thoughts on renting versus buying
Exactly. The tax advantages are tangential to the behavioral factors I mentioned.
milesbarr | 6 months ago | on: My thoughts on renting versus buying
Real estate can make sense as an investment but most people aren't in a position to treat their primary residence like one.
milesbarr | 6 months ago | on: My thoughts on renting versus buying
Fully agree on this. If you have kids, stability is important so that can be a good reason to buy, regardless of whether it's an optimal financial decision.
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