However, you're missing the point. People MUST live somewhere.
Their only alternative investment is with regard to their down payment for money saved, or the amount of money that is (mortgage - equivalent rent), which is usually negative!
The BULK (or entirety) of the money they spend on their mortgage is not money that would otherwise be available for alternative investment.
However, you're missing the point. People MUST live somewhere.
Their only alternative investment is with regard to their down payment for money saved, or the amount of money that is (mortgage - equivalent rent), which is usually negative!
The BULK (or entirety) of the money they spend on their mortgage is not money that would otherwise be available for alternative investment.