Have you decided either way?
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I’ve decided I’ll likely buy. But only the perfect place that makes me happy and can keep up with inflation aka I won’t view it as an investment. It won’t help me accumulate but will likely maintain.
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Cost to carry my house was 1/2 what rent would have been in my market. And 40% of that cost is deductable. Been here two years. I’m happy with the decision. In Boston or SF? Forget it. Cost to own is 2x cost to rent.
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Yeah, it totally depends where you live.
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Location, location, location.
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Confusing?
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I’m a card carrying Realtor and I don’t really disagree with you. But watch out, a body, we’re viciousAF.
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I once suggested a stating claiming homeowners networth was X more than none homeowners was at best incomplete and miss leading and I was not with a warm reception ..and it was in my own FB group lol
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After reading through the comments it’s clear to me that this topic is too nuanced for twitter. In summary: it’s an optimization and accessibility question. Home buying optimal in all cases? No. But an accessible and “easy” way to build wealth? Yes.
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