To mull over later: Misconception: Renting is for Suckers
i send this article to everyone who starts in with me about how they need to buy a house right away.
The thing that this guy (and most investment counsellors) miss is that everyone has to live somewhere and that -where- is as symbolic as it is practical. Home-value is best measured both financially as well as emotionally, in terms of quality of life, not just mortgage points and square feet.
I read this and thought about no one ever owning the place they lived and just renting. Then it occurred to me that’s all feudalism, which, if I remember my history correctly, kinda sucked some ass.
‘Course then i realized I was jumping to an extreme so I went home and had a couple beers.