J. Altucher
Regular Contributor
My wife and wife's family think I'm retarded because I like to rent
Owning causes the biggest "commitment bias". Because so much is invested into it (its probably the biggest investment of one's life) people refuse to admit that it might not be the right solution.
So it's impossible to argue with people about it. In every way, if you look at the math, the math on renting is better. But I've given up on arguing. I just present the math and people can do what they want with it.
But I will never own again (I've owned twice).
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