[quote=esmith]I do not doubt that you will be able to spend all money that’s left after paying your mortgage.[/quote]
Ah, I see a straw man and possible ad hominem.
Ad hominem: “you will be able.”
Straw man: necessity vs. possibility of money being spent. My argument is that a person will have to spend all money. Do you doubt that?
[quote=esmith]My point is that owning a 650k house does not put you under more financial stress than renting for $2700/month. [/quote]
That was not your original point.
For that, we would need to throw in maintenance cost, opportunity loss for $130K down, reduced mobility and finally agree on future appreciation.
Since the future appreciation cannot be known there is no point in arguing about it.
