Von Ben :
I don't think it's true anymore that buying a house is the ideal way to live. Owning a home isn't the more economical choice anymore—it's a luxury.
The most effective way to build wealth can actually be renting. For example, I put a $200,000 down payment on my house. If I had rented instead, I'd have that $200,000 invested in the stock market today, likely earning a much higher return than my house has appreciated each year.
On top of that, buying my house cost me about $10,000 in transfer taxes, around $6,000 in property taxes every year, plus maintenance and repairs. I'm literally about $15,000 poorer every year, and my house hasn't even gone up in value.
If I had rented instead, I'd still have that extra money invested and growing.
At this point, owning a home isn't really the logical financial choice anymore—it's a lifestyle luxury.
2026-07-09 21:05:16