Rental property billionaire says buying a home (with a mortgage) is "fancy bullshit" and you should rent instead
Rental property billionaire says buying a home (with a mortgage) is "fancy bullshit" and you should rent instead
[Mortgage Is 'Just A Fancy Bullsh*t Word For Paying Rent For 30 Years To The Bank,' Says Real Estate Billionaire Grant Cardone — Here's Why Renting Could Be A Better Financial Move
](https://finance.yahoo.com/news/mortgage-just-fancy-bullsh-t-171148202.html?guccounter=1)
You're viewing a single thread.
It is always wrong if you're saying to just buy or just rent. Neither is the better financial move for everyone.
I agree with that, you have to look at the interest rates, the housing market, the condition of the house and your own abilities to fix things while you're doing the numbers. But I do think that it is usually in your favor to own.
And also mobility. Young people move far more often than older people, and it's a hell of a lot easier to move when your lease is up compared to buying and selling a house.
I haven't bought or sold a house in a long time, hasn't it gotten way easier since there's such a demand?