/biz/ - Business & Finance

>>57506536
>completely ignores the cost of renting for those who don't buy a house
>puts 20% down
>assumes that the house will grow 0% in value for 30 years
>assumes that mortgage rates will stay at 6% or higher for 30+ years
>doesn't deduct tax benefits (mortgage interest, property tax) from housing costs
>claims treasury bills will earn 6% (30Y is at 4.22%) - expects income to be tax free
>claims HVAC/roof will cost 100k (10k HVAC, 20k roof)
>buys in an HOA at 140/mo

yep, everyone else is a fool, you've figured it out

>>57286748
>3k a month is pretty good

BAHAHAHAHAHA

>>56293323
You're right. All the smart and successful people are renting.