Author Topic: Economics Culture  (Read 1795 times)

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Offline MH

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Re: Economics Culture
« Reply #165 on: September 15, 2020, 07:55:29 pm »
2. If you sell your home for a profit, you still have to buy another ridiculously expensive house to live in.  Unless you move from a big city to the middle of nowhere, there's no benefit.

That's called retirement.  There are also other benefits to having an expensive house, like renting out the basement for $1500/month and remortgaging and using the money to buy RRSPs.
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