Quote:
Originally Posted by bizaro86
It's quite a complicated mathematical model to determine which would be financially better, and there are a lot of assumptions that go into it.
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Indeed. The key assumptions being, return on investments, rent escalation, and house price appreciation. The people who say 'always' own will discount what their investment returns will be and make the assumption that their house will appreciate higher than inflation for the duration of their mortgage (On a macro level that really can't persist for 30-40 years). You also have to consider the risk management of having all your net worth tied into one piece of property as well vs a diversified liquid portfolio.