yeah i was gonna say, some dude published a (german) analysis of the total cost of buying a house / renting an apartment + investing in stocks for the same total yearly expenses and found that with the second option, you end up having more wealth at retirement age.
i can’t find the study rn but i’m sure i remember it.
it also makes sense intuitively since renting an apartment in a city uses much less resources overall. both in terms of material used for the building (since you share most of your walls with your neighbors) but also in terms of transport being significantly cheaper.
this is especially true if you live in cities with strong communal housing, like vienna.
yeah i was gonna say, some dude published a (german) analysis of the total cost of buying a house / renting an apartment + investing in stocks for the same total yearly expenses and found that with the second option, you end up having more wealth at retirement age.
i can’t find the study rn but i’m sure i remember it.
it also makes sense intuitively since renting an apartment in a city uses much less resources overall. both in terms of material used for the building (since you share most of your walls with your neighbors) but also in terms of transport being significantly cheaper.
this is especially true if you live in cities with strong communal housing, like vienna.