06-11-2021, 12:52 PM
(06-11-2021, 12:31 PM)sgbuffett Wrote: It's not an absolute thing.
If you are Warren Buffett compounding your investment at 20%...buying a property to build wealth is a bad idea.
But if you are "ordinary guy" then still can consider buying property
For me, looking at the analysis....it's a definite "No" to buy property ...it will result in inferior returns. For me between buying a condo and renting one.... definitely renting is better. It is counter-intuitive for many why this is the case as they see money flowing out...the answer is "opportunity cost" and commitment risk.
Anyway it's different for each person.
https://investmentmoats.com/money/perman...-property/
You've no family of your own, no children, of course u advocate renting lah.