Comment on Wall Street is Buying Homes - Will Main Street Follow?Comments−jbdeboer12yThe math in this post is funky and one-sided.Is $3k/mo a good price to pay for a place to live? To answer that question you would need to know the alternatives:* how much does it cost to rent the same apartment? * if you have $100,000 on hand, what is the ROI of other investments you could make?Whether buying your home is a good idea is much more involved than a short blog post and always comes down to individual circumstances.
Comments
The math in this post is funky and one-sided.
Is $3k/mo a good price to pay for a place to live? To answer that question you would need to know the alternatives:
* how much does it cost to rent the same apartment? * if you have $100,000 on hand, what is the ROI of other investments you could make?
Whether buying your home is a good idea is much more involved than a short blog post and always comes down to individual circumstances.