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[email protected]English • 1 year ago

Rental property billionaire says buying a home (with a mortgage) is "fancy bullshit" and you should rent instead

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Rental property billionaire says buying a home (with a mortgage) is "fancy bullshit" and you should rent instead

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[email protected]English • 1 year ago

[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)

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fedilink
3•1 year ago
Wait - can you explain this further?

Why depreciating asset?

Also, they probably aren’t selling it right? Just using as a rent-free option after paying mortgage to lower cost of living?

What am I missing?
- Semi-Hemi-Demigod
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  fedilink
  1•1 year ago
  If we increase the supply of housing, the price of existing stock will go down. Heck, if we keep hedge funds out it might go down, or at least not increase as much as it would.

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