Quote:
Originally Posted by GGG
If renting is cheaper housing is over valued.
Renting is far more liquid with minimal risk. It should be more expensive for the equivalent product when all costs and benefits are accounted for.
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But it doesn’t need to be because landlords bought before it ballooned and they are all making bank. So they don’t really care. I’m over and above covering my landlords mortgage.
It’s a crazy balance game I don’t enjoy playing haha.