[Mortgage Is 'Just A Fancy Bullsh*t Word For Paying Rent For 30 Years To The Bank,' Says Real Estate Billionaire Grant Cardone — Here's Why Renting Could Be A Better Financial Move

](https://finance.yahoo.com/news/mortgage-just-fancy-bullsh-t-171148202.html?guccounter=1)

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[–] 3 points 2 years ago (1 child)

We bought our apartment 10 years ago, if we were to sell today we'd be lucky to get what we paid for it. That's because we've just had a repair bill come in for about the same amount.

Still prefer owning to renting though.

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  • [–] 2 points 2 years ago

    if we were to sell today we'd be lucky to get what we paid because we've just had a repair bill come in for about the same amount

    That’s significantly better than what you’d have got out of renting, i.e. nothing.

    So worst-case buying is far better than best-case renting.

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