Comment by astura

9 years ago

Condos are another can of worms.

I just very briefly touched on one issue with owning and why it may make sense for someone to rent for years (even if it might not be financially optimal[1]).

Books could be written about the topic.

The main takeaway is "everyone is different." And "one size does not fit all." Remember, many businesses still choose to rent over buying.

[1] plus you only truly know in hindsight what was truly financially optimal