Affordability in cities can be a challenge, but if you have the wherewithal to pick the right city and live car-free...it opens up a lot of possibilities.---...
It’s not entirely cut and dry, your money in a stock market index fund tends to keep pace with property appreciation when accounting for maintenance costs and property taxes. But you would be insulated from skyrocketing rents.
An asset on land you own will always appreciate more than a cell in a building you are beholden to the owners/hoa of.
It’s not entirely cut and dry, your money in a stock market index fund tends to keep pace with property appreciation when accounting for maintenance costs and property taxes. But you would be insulated from skyrocketing rents.