restingboredface@sh.itjust.works to News@lemmy.worldEnglish · 11 months 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

restingboredface@sh.itjust.works to News@lemmy.worldEnglish · 11 months 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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11 months ago
The average across America have increased by 90k though over that time. Your area is… Strange.

Cost of buying is negligible, it’s really just cost of selling. So fine, you’d come out with like 65k

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