434 sats \ 3 replies \ @SimpleStacker 29 Dec 2023 \ on: Real Estate: Renting vs Owning econ
One of the risks of renting is that you get priced out of your own rental market. One of the benefits of owning is that you lock in your housing cost, especially if you used a fixed rate mortgage. So it could be much cheaper over the long-run to buy than rent, and thi seems especially true in an inflationary environment where endless fiat chases scarce assets
you lock in your housing cost
Partially, but insurance and property taxes both rise in an inflationary environment.
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Oh yes they do!
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Aaaand I forgot this
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