Printed from StreetEasy.com at 03:29 PM, May 21 2013
http://streeteasy.com/nyc/talk/discussion/30874-better-to-rent-with-roomates-invest-than-buy?comment_id=468380
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Better to Rent With Roomates + Invest than Buy?
1 comment
jonronson
about 12 months ago
Posts: 8
Member since: Feb 2012
Hi,
I have money saved for a down payment, enough to get a mortgage in the 300-400k range but it seems better to put my money in a brokerage account with 5% growth and continue to live with roommates. Is this generally a better idea?
I know this is not apples to apples on paper I also think that in my case, it actually is, as for me there is no real qualitative difference from living alone or with roommates.
Hi,
I have money saved for a down payment, enough to get a mortgage in the 300-400k range but it seems better to put my money in a brokerage account with 5% growth and continue to live with roommates. Is this generally a better idea?
I know this is not apples to apples on paper I also think that in my case, it actually is, as for me there is no real qualitative difference from living alone or with roommates.
thanks