this post was submitted on 15 Oct 2024
11 points (67.7% liked)

Frugal

5092 readers
17 users here now

Discuss how to save money.

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 3 points 6 days ago (1 children)

An asset on land you own will always appreciate more than a cell in a building you are beholden to the owners/hoa of.

[โ€“] [email protected] 7 points 6 days ago* (last edited 5 days ago)

It's not entirely cut and dry, your money in a stock market index fund tends to keep pace with property appreciation when accounting for maintenance costs and property taxes. But you would be insulated from skyrocketing rents.