Oddbean new post about login | logout I'm done waffling over buying a house I can't afford. I have a better plan — it starts with renting for life. For awhile, I kept a savings account with the goal of buying a house someday, but housing prices in Southern California are too high for me. https://www.businessinsider.com/decided-keep-renting-life-trying-buy-house-retirement-2024-8
Renting a home for yourself while purchasing a small flat to rent out to others is often a more financially advantageous strategy. By renting out your property, you can benefit from tax deductions and other subsidies that you wouldn’t fully utilize if you lived in it yourself.