Quote:
Originally Posted by GLOW
i always try to tell mine it's cost of living. 2 different point of views.  |
i've never understood the 'throwing away money' argument.
you need somewhere to live, it's paying for that.
the only argument that is at all possible for 'throwing away money' is the differential between rental cost and total ownership cost, but you can just say this is the cost of going long housing, or the price to pay to short the market, or the cost incurred to stay liquid.
but, i genuinely don't think people think that deeply about where their money goes, which is worrisome!