Why Nostr? What is Njump?
2025-01-24 16:49:27
in reply to

boomer on Nostr: Buying a house to become a homeowner is an instant gratifying decision as the ...

Buying a house to become a homeowner is an instant gratifying decision as the mortgage takes 30 years to pay off so it’s pulling forward the ownership. It’s a liability and not an asset. Rentals are different since that actually generates cash flows but I’m not interested in effectively an LBO when I can get 45% CAGR without property management headache
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