/biz/ - Business & Finance

>>55353653
>>55354043
>do you factor in the cost of rent, the amount of the mortgage payments going to equity, and the leveraged appreciation of the property?
if someone is serious, they would account for everything, including tax and interest write offs. I accounted for a refinance to a better rate, no HOA, and far less than recommended maintenance costs. Historical appreciation rate was accounted for, as well as salary increases matching historical inflation rates. excess income went to S&P investment after housing and cost of living. Nonetheless, the pure S&P investor came out far wealthier (over 40% welathier). The mortgage interest rate in the calculation was about 7% (less than the 30year historical average) and later refinanced to 4.5%. I would have to check to see what the difference would be for those with even cheaper rates, such as 2-3%, since a lot of people locked in these amazing rates (good job). It would take a lot for the S&P investor to come out below the home buyer+S&P investor. So, in most circumstances, the pure S&P investor is wealthier.

>>55132359
>Mortgage payments are cheaper than rent payments
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>37% of people in the US have a college degree
>median earnings for bachelor's degree holders are $36,000 or 84 percent higher than those whose highest degree is a high school diploma
the high school diploma taxpayers are paying for people in debt with your masters in computer science. in other words, the proletariat is forced to pay the bourgeois. is biden based?