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Old 10.11.2020, 11:40
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Phil_MCR Phil_MCR is offline
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Re: Should I buy a home or invest? I just reached 200k in savings and they are sittin

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So basically, damned if you do and damned if you don't?

Obviously if you buy badly you have problems. Same applies to renting - and there we often hear nightmare stories of landlords ignoring issues etc.

I don't understand the point about property taxes - do you have any evidence of this happening?? And the catastrophes you mention also equally apply to renting, and this is why we have insurance.
if you're without kids then renting wins out in cases of extreme problems. you have major damage to the flat, then you can simply give notice, move and let the landlord deal with it.
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