Re: Is my thinking off here? (renting vs owning situation)
This is Gilroy, California.
I'm sure that both the interest payment and the comparable rent are correct as I double checked those myself and the equity is pretty close though I didn't double check it myself just took someones word for it.
For real estate as a whole, I pretty much just assume it will do around inflation + 1% or so at best long term.
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