• ahal@lemmy.ca
    link
    fedilink
    arrow-up
    1
    arrow-down
    2
    ·
    edit-2
    11 months ago

    I think you’re neglecting to factor in the opportunity cost of investing that down payment over time. Granted most people don’t have the necessary discipline so I agree a mortgage is a great way to force yourself to invest and probably best for most people.

    But I’m not convinced it’s going to make you wealthier in the long run vs putting all that money saved for a down payment in broad market ETFs and staying disciplined about it.