restingboredface@sh.itjust.works to

News@lemmy.worldEnglish · 7 months ago

Rental property billionaire says buying a home (with a mortgage) is "fancy bullshit" and you should rent instead

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Rental property billionaire says buying a home (with a mortgage) is "fancy bullshit" and you should rent instead

restingboredface@sh.itjust.works to

News@lemmy.worldEnglish · 7 months ago

[Mortgage Is ‘Just A Fancy Bullsh*t Word For Paying Rent For 30 Years To The Bank,’ Says Real Estate Billionaire Grant Cardone — Here’s Why Renting Could Be A Better Financial Move

](https://finance.yahoo.com/news/mortgage-just-fancy-bullsh-t-171148202.html?guccounter=1)

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Cosmic Cleric@lemmy.world
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7 months ago

A mortgage has always been cheaper for a larger property, it’s just gathering the initial deposit to buy that’s the hard bit.

What you commented is true in the US as well, unless you live in a very very poor neighborhood and rent.

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