Certain cities are so expensive to buy in that you can actually make more money if you just invest the money equivalent to a mortgage in something with a high rate of return. Usually things like index funds. This requires the line to go up, but it's pretty clear at this point that the line is completely detached from reality and everyone in both parties (in the US) will do everything in their power to make it continue to go up. I got something insane like a 12% return last year while a million people died and millions more became unemployed.
That said, the two people I know who had enough money to try this (both in tech) got so pissed off at a series of bad landlords that they ended up just buying anyway. EDIT: Note, this is for apartments only.
Certain cities are so expensive to buy in that you can actually make more money if you just invest the money equivalent to a mortgage in something with a high rate of return. Usually things like index funds. This requires the line to go up, but it's pretty clear at this point that the line is completely detached from reality and everyone in both parties (in the US) will do everything in their power to make it continue to go up. I got something insane like a 12% return last year while a million people died and millions more became unemployed.
That said, the two people I know who had enough money to try this (both in tech) got so pissed off at a series of bad landlords that they ended up just buying anyway. EDIT: Note, this is for apartments only.
:this:
If you hate your landlord, then go buy if you can. But don't pretend you're doing it because it's a good investment. It isn't.