W2R
Moderator Emeritus
People sometimes talk about renting vs buying as though it was a purely financial/investment decision, and for them probably it is.
But for me, the purpose of investing is to make money so that I can buy what I want in life. And although I don't want much, I want (and have) a house.
Someone who doesn't feel that way about owning a house probably wouldn't get the satisfaction out of it that I do, and that weights the decision in the direction of renting more than buying for them.
But for me, the purpose of investing is to make money so that I can buy what I want in life. And although I don't want much, I want (and have) a house.
Someone who doesn't feel that way about owning a house probably wouldn't get the satisfaction out of it that I do, and that weights the decision in the direction of renting more than buying for them.