You don’t have a home if you get forced into foreclosure either.
You can live a whole life not owning a home.
Over the last 15 years, a 401k you’re making steady contributions to, from the gap between then median home mortgage and median rent, that returns more than all the total costs that go into homeownership, and the home’s appreciation.
Yeah, this isn’t true everywhere, housing markets are local and regional.
But broadly, what I’ve said is true.
I’d show you the math, but you’ve already made up your mind, and you’re arguing about switching to this strategy now, which is a totally different discussion… so you probably wouldn’t be able to keep the math straight anyway.
No, it isn’t.
You don’t have a home if you get forced into foreclosure either.
You can live a whole life not owning a home.
Over the last 15 years, a 401k you’re making steady contributions to, from the gap between then median home mortgage and median rent, that returns more than all the total costs that go into homeownership, and the home’s appreciation.
Yeah, this isn’t true everywhere, housing markets are local and regional.
But broadly, what I’ve said is true.
I’d show you the math, but you’ve already made up your mind, and you’re arguing about switching to this strategy now, which is a totally different discussion… so you probably wouldn’t be able to keep the math straight anyway.