5min chapter

The Daily Stoic cover image

Dr. William Stixrud and Ned Johnson on Building Resilience and Communicating Effectively | It's About What You Make of It

The Daily Stoic

CHAPTER

The Argument That Owning a Home Hedges Your Housing Costs

"I'm renting a renter for life because I can't be bothered to deal with the hassles of owning" "There's been some interesting research showing that people do end up accumulating more assets if they are forced to pay their mortgage on a certain schedule," he says. 'If you really can't control yourself and you spend every dollar that's remaining in your checking account, unless it's pre-committed to mortgage, then maybe you should actually buy a place'

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