In our case owning in the USA no longer makes sense. I'm 63 and we sold our low end properties and built abroad. Moving back to the USA we rent in the Nashville market at 2k. I have no one to inherit and my wife wants to retire to our home abroad. The payments would be well over 2 grand, then taxes, insurance and upkeep would put this home close to 5 grand a month. Fuck that! Then there would need to be a 20% downpayment...

Medical bills are likely to eat up your equity even with insurance. Die fast and the hospital gets ya! Die slow and the nursing homes will.

For younger people rent as cheap as you can stand then buy when the coming collapse happens.

Note the properties I sold were purchased for 41000, 25000, 34000, 18000, 11000 and I made a profit from each while only having a mortgage on the first and when I sold I owed no tax...

You take 100k for land and materials and it becomes 600k to buy, oweing huge payments. A sucker bet for debt slaves.

In our case owning in the USA no longer makes sense. I'm 63 and we sold our low end properties and built abroad. Moving back to the USA we rent in the Nashville market at 2k. I have no one to inherit and my wife wants to retire to our home abroad. The payments would be well over 2 grand, then taxes, insurance and upkeep would put this home close to 5 grand a month. Fuck that! Then there would need to be a 20% downpayment...

Medical bills are likely to eat up your equity even with insurance. Die fast and the hospital gets ya! Die slow and the nursing homes will.

For younger people rent as cheap as you can stand then buy when the coming collapse happens.