James

However, the big thing is going, you know, you have no additional income to service this additional debt in the first scenario versus in the second scenario, you have somebody contributing six or 700 bucks a week to this additional debt that you're taking on.

I just want a nice lock up and leave apartment.

That's also brand new per square meter is out the gate and you actually release no capital.

Yeah.

Good luck.

Good luck with that.

Yeah.

So like, this is actually a no brainer from a financial perspective.

People ask me all the time and go like, well, should I buy an investment property or should I upgrade my home?

And I'm like,

financially the best thing for you to do is live in the shittest house possible in the worst area possible that's as cheap as possible so you have as small of a mortgage as possible.

But people don't live their life that way.

They want nice stuff at some point and the niceness of the stuff is dependent on the person.

So the big thing for me is going like...

Yes, mathematically, an investment property makes way more sense than buying a bigger owner-occupied home.

But everything about life is in balance.

I'm going to be upgrading my home probably later in the year or early next year because I need another bedroom for all these kids I got.

Yeah.

Yeah.

I mean, this is a no-brainer for me from a math question, but you're right.