Quote:
Originally Posted by Carl Johnson
With figures like these, I can't believe some people in this thread have the audacity to suggest renting and invest the difference vs. buying is actually a good strategy.
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This was a good plan up until last year when real estate went insane. But let's face it how many people would've actually invested the savings they had from not buying? These days most will spend on nice dinners, vacations, name brand clothes, car parts, nicer car/multiple cars, latest tech gadgets, etc. Lets not talk about the lower mainland , but how many people on RS actually took the rent/save approach since this thread started? Contrary to what people say these days its never a bad idea to purchase property. Ask any real estate mogul/developer.