03-07-2019, 03:07 PM
|
#14029
|
|
linguistic ninja
Join Date: Aug 2001
Location: Vancouver, BC
Posts: 17,296
Thanked 5,565 Times in 2,038 Posts
Failed 156 Times in 93 Posts
|
Quote:
Originally Posted by Hehe
Home ownership is so overrated.
Don't get me wrong, I'd love to own again when price becomes more reasonable, however, financial freedom above home ownership any day if you ask me.
I basically invested every cent I had toward a big ass detached to buy investment properties (commercial). If everything goes according to my plan, by the time kids go to college, I'd be able to become a global nomad where I'd rent an AirBNB or something all year round visiting anywhere I want. Sure it won't be anything luxurious or fancy, but the idea of never having to worry about money ever again and do what I truly want to do (visit and get to know all the places) beat the silly idea of "home" by a million miles. And while renting, I would still have a decent living standard.
This, comparing to some of my peers in the same age group where they work 9-5 jobs (and maybe some more) just to be able to make mortgage payments and live basically no life because mortgage takes away the vast majority of their income, is a no brainer to me.
|
I'm not sure I follow this entirely, so you leveraged your equity in your residential home to speculate on commercial properties?
|
|
|