Who said anyone here was renting lol. I even owned a rental property but only made a few k on it so dumped it.
In the long run you'll win investing in coal too
You're forgetting about inflation in ask your excitement. Housing is a major index for inflation, that alone tells you it is rare it will beat inflation. Doesn't matter if you "gained" a billion dollars if inflation went up the same percentage. Also as your house goes up so does everyone else's house, so unless you plan to sell to move out of housing into renting or something else you never really are gaining.
Oh don't forget the interest payments over that time as well. Most people never do the true calculations they always just say " oh I bought my house for $400 and sold it for $600 so I made $200. That never happens, usually the numbers look a lot worse when you do some serious math. That 400k house cost you $20k in land transfer tax, probably $10-$15k in property taxes over those years, interest payments, another $5k. Then you paid a realtor $20k to sell the house etc etc ends up you made next to nothing...
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