The most viral “rent vs buy” chart is also the laziest and most misleading. Buyer beware! Buy a $500k house with 20% do…
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The most viral “rent vs buy” chart is also the laziest and most misleading. Buyer beware! Buy a $500k house with 20% down = $100k invested. If the home appreciates 10%, it gains $50k in value. That’s not a 10% gain; it’s a 50% return (before costs) on your original $100k.