This is incorrect, if the real estate is your primary home.
If it is not your primary home, it may be correct, but not necessarily.
And only saving is not enough, because inflation can eat it all.
If it is not your primary home, it may be correct, but not necessarily.
And only saving is not enough, because inflation can eat it all.
Really, just look for opportunities. Something undervalued, or something you are in a special position or have the skills to leverage (eg you are great with people and like DIY, go ahead and do rentals). That isn’t very easy though, and definitely doesn’t fit into a book.
It's just not happening.
I did buy a home (a flat, really) rather than investing and my mortgage payment is pretty much the same amount I was paying in 2014 for a single room as a student (same city, high cost of living).
Housing usually is the primary and largest expense every month, so it makes much sense to get that sorted out and stabilized.
This of course assumes that you plan on staying in that city (I've been in the same city for the last 11-12 years). If you're not sure you'll be in the same city in 3-5 years then sure, go ahead and rent.
> It's just not happening.
Buy versus rent is pretty complicated, and specific to each market and timeframe.
You are right that rents will increase over time, but so will the value of invested assets. While I cant speak to your youtube videos, it is not crazy to assume that the value of invested assets will increase at least as fast as rents.
Also, even if your mortgage payment is flat, that doesnt means housing expenses are flat. Taxes, insurance, and maintenance should be expected to regularly increase on property you own.