Keep going
The point Iām making is that most people dont buy stocks on margin, and most people use mortgages to invest in real estate. So if you calculate the historical returns to owning a home, they are usually juiced up because of leverage. Of course some people get destroyed as well, but historically thatās not the case. Where I live there is no doubt that real estate has performed better than the major stock indices, and especially true when people used long term mortgages which increases the leverage. Whether that trend will continue, I donāt know. Iām merely disagreeing with the idea that owning a home doesnāt pay off that much.
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Okay so it looks like you have backtracked on the post I initially replied to (the one I posted pics of)
Got it
Sometimes trolls call other people trolls, but that donāt make them not trolls.
Bad grammar intentional
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No, we are literally arguing over historical returns. He is claiming that the typical homeowner in canada would have been better off renting. Totally ridiculous. Any canadian would laugh at him. In a way, I am being super respectful in this thread given all the insults heās been hurling at me while being absolutely wrong.
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Where did I saying renting was advantageous?
Find that post pleaseā¦.
Iām saying investing in low fee funds is the way
Always have. Always will. Quote me on it bb
Random joke:
The rabbi/priest/whatever preached to his congregation about the importance of loving-kindness. After the sermon, each of the 3 main people he had in mind walked up to him and said, Rabbi, good sermon. But you know what, I hope that other guy takes it to heart!
If youāre not buying, then you are renting, arenāt you? Or do you live in a decked out van or possibly your parentsā basement?
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so real estate is always a bad investment but you also suggest not renting. Great stuff.
Pro tip: if someone calls you a troll, that doesnāt mean you are. 
Thatās a whole different can of worms which is why I didnāt even bring up renting
Renting in general allows you to spend less because you can rent something simpler and smaller. This gives you extra $$ to invest
Of course the flip side is, buying a similar property could result in savings on rent. Hang onto it long enough and those transaction costs slowly spread themselves out over a longer period of time.
Anyways too situational so no point in trying to argue either case
This is one of those arguments where you go to respond, then you realize that everything you want to say (which you believe is a valid counterargument), has already been said.
Well, maybe thereās one thing left to say. The decision to buy real estate, vs the decision to rent, is the same can of worms, not a different one.
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Yea Iām screaming about taxes, admin expenses, and fees
Heās screaming about leverage
Thatās it. Thatās the last 150 posts
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Why not both?
While Iām dispensing faux wisdom for the night, hereās another one:
Philosophy arguments tend to degenerate into linguistics.
I think it has some bearing on this but itās too late at night to explain
Bro, pass the joint.
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I would but Iām too far removed from FM (15 years!) to calculate IRR
Just add an appropriate amount of closing costs to the buying and subtract an appropriate amount for selling (6% agent fee then whatever transfer taxes you are subject to)
Anyways the real troll job is creating a study problem to try and prove a 22% return on investment for an online argument. (Completely removing real life expenses) I respect it but unfortunately it doesnāt reflect reality