*> After that, I will retire and move to a cheaper area.* Some people don't trea... | Hacker News

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munificent on Nov 2, 2021 | parent | context | favorite | on: Zillow seeks to sell 7k homes for $2.8B after flip...

> After that, I will retire and move to a cheaper area.

Some people don't treat their social network as fungible and want to grow old next to their friends and family.

cheeze on Nov 2, 2021 | [–]

Sometimes buying makes sense as well. The NY Times has a good calculator for this. In my case, rent is so expensive in my city that buying and building equity was higher EV than keeping my cash in investments.

YMMV.

tibiahurried on Nov 2, 2021 | [–]

>want to grow old next to their friends and family.

That's exactly what I am gonna do.

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