Nicole Lapin

Understand that this math only maths if you actually stay disciplined to investing.

It doesn't work if you're just like, cool, cool.

So I'm just going to use that delta or that extra money and spend it somewhere else.

Or I know myself, like you have to have true self-awareness to know if your habits are going to stay consistent.

true to what makes this math math.

So what makes that actual down payment earn more money than if it was stuck in housing?

If you just look at the historic numbers, it's by putting that extra money to work for you in the stock market.

If you're going to do that, it's a better overall investment to rent and then take that extra money of the down payment and the extra that you're spending on all of the things with housing and invest it in the stock market.

No, it really does require discipline.

And if you know you're not going to do that, then home ownership is a great forced savings vehicle.

Over time, at the end, you're going to make 3% to 5%.

You're not going to make 7% to 10%.

Typically speaking, do not come for me.

There are markets.

There are things.

I know.

Yes.

But I'm just looking at the data.

Totally.

And I would even say, because I talk about the idea of looking at your finances is like sitting in front of the mirror naked eating, but also putting fluorescent lights on yourself.