Let say I am going to buy a home today for 100K and going to sell this house after 30 years for 300K. I have few questions regarding this one.
- I might have paid 100K in mortgage, so after 30 years I might have paid 200K for this house. If I need to sell the house then I need to 6% to agent so 300K-200K-18K=82K Profit. Is it worth after 30 years?
- Is it worth to buy stocks then invest in home?
- 82K profit is worth after 30 years during that time 82K will be like 20K now?(money inflation)