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Luiz Devil
The Diary Of A CEO
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Comments by "Luiz Devil" (@luizdevil6855) on "Ramit Sethi: Never Split The Bill, It's A Red Flag u0026 Renting Isn't Wasting Money!" video.
@miller5170 The only way renting isn't throwing money away is if you actually use the capital you would use to buy the property to make more capital. Otherwise I agree with you, even if you're paying more for buying than renting, you are still investing. What kind of mental gymnastics is this ? Renting is a cost center, Buying is an investment center because by the end you got an asset that can be sold, with renting you get nothing.
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