ProdigalFrog@slrpnk.net to Frugal@lemmy.worldEnglish · 1 day agoCity/Car Free Living Can Potentially Give You More Financial Freedom | CityNerdwww.youtube.comexternal-linkmessage-square7fedilinkarrow-up118
arrow-up118external-linkCity/Car Free Living Can Potentially Give You More Financial Freedom | CityNerdwww.youtube.comProdigalFrog@slrpnk.net to Frugal@lemmy.worldEnglish · 1 day agomessage-square7fedilink
minus-squareBonskreeskreeskree@lemmy.worldlinkfedilinkEnglisharrow-up6·1 day agoAn asset on land you own will always appreciate more than a cell in a building you are beholden to the owners/hoa of.
minus-squareProdigalFrog@slrpnk.netOPlinkfedilinkEnglisharrow-up7·edit-216 hours agoIt’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.
An asset on land you own will always appreciate more than a cell in a building you are beholden to the owners/hoa of.
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.