With 5% annual rent increases from $40k:
After 12 years, renter ends with ~$5.61M invested.
Buyer equity: ~$7.04M ($12.83M home value – $5.79M remaining mortgage, 3% appreciation)
Buyer ahead by ~$1.43M. Gap shrinks steadily vs flat rent, flipping the edge. Want 10/30-yr numbers?
@stalmico@misoblahblah@noampomsky you are clearly using ai to reply single sentence fragments and noncontributive perspectives to boost profile engagement and reviews boss man.
@RomeoStevens76 fair enough but who really will? most people struggle with the 1D chart enough that they’ll walk away thinking “renting saves me money :)” which is patently untrue in almost any case and definitely in the past 10yr
Man goes to doctor. Says he's depressed about AI. He fears the permanent underclass.
Doctor says, "Treatment is simple. Read Gary Marcus. LLMs are stochastic parrots—they can't reason out of distribution."
Man bursts into tears. "But doctor..." he says, "I am in distribution!"