I think you are committing the error I am trying to point out: don’t treat your living requirements 100% as an investment.
That said, your living choice always has an investment decision component, because most of us need one roof over our head. If renting, you are shorting the home ownership market (a renter owns zero bedrooms but needs one bedroom). Making the decision to rent is either (a) betting against the real estate market (shorting), or (b) betting that one can make better returns through other investments.
The deeper point is that we should try to optimise for our internal joy, and nobody should measure their success only in metric dollars.
I think you are committing the error I am trying to point out: don’t treat your living requirements 100% as an investment.
That said, your living choice always has an investment decision component, because most of us need one roof over our head. If renting, you are shorting the home ownership market (a renter owns zero bedrooms but needs one bedroom). Making the decision to rent is either (a) betting against the real estate market (shorting), or (b) betting that one can make better returns through other investments.
The deeper point is that we should try to optimise for our internal joy, and nobody should measure their success only in metric dollars.