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News@lemmy.worldEnglish · 1 year ago

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

496

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

restingboredface to

News@lemmy.worldEnglish · 1 year 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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1 year ago
Yeah that goes down as keep paying it and can be leveraged against your debt, and is designed so you don’t have to pay rent when you’re retired

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