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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And that’s just for primary residences. If it’s a rental you can add cash flow, depreciatiation, expense deductions, and creative financing (BRRR method, cash out refi, etc.) to the levers you can pull to outperform other asset classes.
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Fair. But often a primary residence becomes a rental after a few years and you decide to move or upgrade. In those scenarios you get to keep your very favorable primary residence mortgage terms (another benefit to owning) as you transition it into a rental.
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Or you sell it and the first 500,000 of gains are tax exempt
End of conversation
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