Quote:
Originally Posted by Alex from Montreal
You know you can also use leverage in stocks, not just in real estate!
And by house, I was refering to a house you live in and not a multi-units property.  |
Ok well I was replying to a post that compared investing in stocks to investing in real estate, so that's why I made that comparison.
I really don't get why you refuse to believe that paying a landlord rent is better for your financial future than paying a mortgage to a bank. The evidence for my position is overwhelming.
If you found some way to live rent free and used what you would have paid in rent to invest in the stock market, then sure, stocks would make the better investment.
But if you have to pay a monthly fee to live somewhere, how is it not in your interest to be paying a mortgage instead of rent?