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Pieter Levels

7 Jun 2019, 10:47

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One counter argument which is true: it's hard to borrow $150,000 from a bank and just invest it into the S&P500. It's relatively easier to borrow $150,000 and put it in a house.

Then again, there's a point to be made for living really cheap, saving up, and investing that cash. https://t.co/C07dcs9Pjs
Pieter Levels ✨
Buying a house is a cultural narrative sold by banks to peddle mortgages to people not educated in finance buying houses in irrational mental states. People make giant financial decisions while statistically there's better ways to invest which outperform home ownership. https://t.co/jzg705NdvB
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