Comment by whimsicalism
3 years ago
The primary reason buying a house is better is because the government has put it's thumb on the we scale to allow you to leverage the fuck out of your assets.
If you could get a loan of the same amount and yolo it into the stock market, I am not sure buying a home would come out better.
There's another piece of government interference that's a lot more relevant: it's a lot easier to get legal permission to start a company than to build a house anywhere remotely desirable.