If you’re in the wealth accumulation phase of your life, I think buying a home is a terrible decision (in most cases). Prove me wrong. Seriously. I’m not being rhetorical. I want to see if there’s math that says otherwise.
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Replying to @theSamParr
Very timing/location dependent, but I bought a starter home in SF in 2011, put some $$ into improving it and adding an income-generating rental unit, lived in it for 5 amazing years, then sold for more than 2x. About same as S&P return over that time. I’d do it again.
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Replying to @davenemetz
Seems good but not even close to average!
7:13 AM - 8 Aug 2020
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