this post was submitted on 15 Oct 2024
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Frugal

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Discuss how to save money.

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[โ€“] Bonskreeskreeskree@lemmy.world 2 points 3 weeks ago (1 children)

An asset on land you own will always appreciate more than a cell in a building you are beholden to the owners/hoa of.

[โ€“] ProdigalFrog@slrpnk.net 8 points 3 weeks ago* (last edited 3 weeks ago)

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.