Quote:
Originally Posted by Jason14h
But there is the other issue that I can borrow $500K for a mortgage, pay 3% interest, and then if my house appreciates at a rate >3% I am essentially getting free RoR on money I did not have.
I can't borrow $500K to invest in the stock market at 3%. I would agree 100% if my options were "What to do with $500K CASH", but for the majority of people this is not an option or the question that applies to them.
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You posted this a couple times now, so let me just say that you can borrow money to invest in the market. It's a super common strategy and lots of people do it. The rates usually float, but let's face it they're not at their highs these days either.
Anyway, sorry to interrupt the discussion on whether to rent/buy.