Renting stock market vs mortgage?

You use the SAME MONEY to make the mortgage payment vs a rent payment. My mortgage (which I’m 2 years in to) is cheaper than comparable rents.

If you throw some extra money in then yeah the stock market does good, but you’re spending extra money

My mortgage is $1,500. Currently comparable rents are $1,700-$1,800. If I pay $1,800 in rent PLUS $400 in to the stock market of course I’m going to do better than just a house because I’m spending $700 more per month. That is what you are not getting.

All of that also refuses to acknowledge that eventually my house will be paid off and my mortgage will go down to just property taxes and insurance.

Your logic requires you to spend more money to be better. For the same money you’re worse off renting.

I’ve never seen someone miss the point so hard.

Long term mortgages are cheaper, period, the end.

You’re not comparing a mortgage to a stock portfolio, you’re comparing it to renting. Renting get 0% return, house gets better than 0%. You’re not using separate money to make that mortgage payment. It’s the same money that would go to rent.

I’m going off of historical rent vs mortgage payment data instead of your anecdotal (and questionable) data. 5% increase on home value and rent a year?

Up until COVID it has been cheaper to own after 5-10 years in all but 2 scenarios since the 50s.

For the large majority of people who purchased homes since the 50s they were better off buying vs renting.

If you haven’t seen the people saying their first home is now their forever home due to the Covid bubble then you aren’t informed on the current housing market in the slightest.

In a mid sized growing city in the Midwest/South. There’s opportunity cost being lit in doing nothing but lining someone else’s pockets.

Your entire position also refuses to calculate for rents increasing (typically 10 yrs in to a 30yr mortgage you are under equivalent market rent according to historical data) and eventually having a mortgage payment disappear.