ProdigalFrog@slrpnk.net to Frugal@lemmy.worldEnglish · 8 days agoCity/Car Free Living Can Potentially Give You More Financial Freedom | CityNerdwww.youtube.comexternal-linkmessage-square7fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1external-linkCity/Car Free Living Can Potentially Give You More Financial Freedom | CityNerdwww.youtube.comProdigalFrog@slrpnk.net to Frugal@lemmy.worldEnglish · 8 days agomessage-square7fedilink
minus-squareBonskreeskreeskree@lemmy.worldlinkfedilinkEnglisharrow-up0·8 days 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-up0·8 days agoIt’s not entirely cut and dry, your money in the stock market 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 the stock market tends to keep pace with property appreciation when accounting for maintenance costs and property taxes. But you would be insulated from skyrocketing rents.