The last four years I have paid roughly 100K dollars in rent for a clean, decent house in a good neighborhood in a great school district.
Had I purchased this house for it’s peak comparable price within the neighborhood, I would be underwater at least 100K dollars today. Beyond that, I would have paid roughly 100-150K in PITI for the pleasure of “ownership”.
Four years of “free rent” wasn’t all too shabby a move, now, was it?
