Re: You have $400k in cash, buy House with it or rent & invest
Depends on what you want to do.
If you want to throw money into a money pit, buy a house. It isn't only rent saved and property taxes. It's insurance, repairs, furniture for a house, lawn mower, appliances, etc etc etc.
Don't forget that as your house appreciates, the dollar inflates as well. So 5% appreciation isn't really 5% appreciation.
If you want that money to have actual return on investment, rent and invest.
I personally would only buy a house when I have a substancial amount of cash flow from passive investments to support being able to have a house.
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