restingboredface@sh.itjust.works to

News@lemmy.worldEnglish · 1 year ago

Rental property billionaire says buying a home (with a mortgage) is "fancy bullshit" and you should rent instead

388

Rental property billionaire says buying a home (with a mortgage) is "fancy bullshit" and you should rent instead

restingboredface@sh.itjust.works to

News@lemmy.worldEnglish · 1 year ago

[Mortgage Is ‘Just A Fancy Bullsh*t Word For Paying Rent For 30 Years To The Bank,’ Says Real Estate Billionaire Grant Cardone — Here’s Why Renting Could Be A Better Financial Move

](https://finance.yahoo.com/news/mortgage-just-fancy-bullsh-t-171148202.html?guccounter=1)

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Illuminostro@lemmy.world
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1 year ago
Well, the thing is you never really own it. Don’t pay your property taxes and insurance, see what happens.

Buying makes sense if you’re going to leave that property to children or relatives.

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