michaelnik@lemmy.worldtoNews@lemmy.world•Rental property billionaire says buying a home (with a mortgage) is "fancy bullshit" and you should rent instead
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1 year agoAfaik the mortgage market (setting mortgage payments, type of mortgage: fixed vs floating) is one of the more efficient markets. So choosing rent/own might not be such a big dilema.
Current state (continuous rise of home prices) is, however, concerning. It used to be that USA’s flexibility to move (and refi) was its great advantage (in labor market).
I think it’s all noise to distract from issues US should solve on its own.