I've been having a hard time justifying buying a house to "build wealth." Once I add in HOAs, property taxes, and annual maintenance, it's $200 less than my rent. That number is before mortgage and PMI!
I stumbled upon this article recently that helped me revisit what wealth can look like as a renter. It definitely adds some perspective to my personal finance ways of thinking.
Hopefully this will help someone else!
http://www.businessinsider.com/how-to-get-rich-renting-instead-of-buying-a-home-2017-5
Submitted March 16, 2018 at 12:00AM by Racehorse_90 http://ift.tt/2HFl3C3
