Comments by "cato" (@cato451) on "Shunning home ownership leads to early retirement" video.

  1. Poorly reasoned. It’s about choices. They are comparing apples and oranges. Not uncommon. My fixed mortgage plus taxes, maintenance, insurance, HOA is 60% of what it would cost me to rent in my area. My down payment is returning 8% average annual return (on paper of course). Now if I want to rent a similar house in a ghetto 35 miles south, yes I can save money. But I can also buy there for a lot less too. Rents are always tied to local home values. So no, renting is not always the solution because rent will increase ever year, fixed rate mortgages don’t. Renting is great for city hoppers, and those who can’t come up with a 20% down. Nothing will ever replace being a smart buyer. I waited, saved and bought in summer 2012. Yup the bottom of the market.
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