[Velvet]

Originally Posted by Laker14

not really 21K down the toilet. She's not paying any of the 13K-15K carrying costs (amenities, maintenance, taxes, insurance, etc. etc.). She's not paying interest costs on a mortgage. 21K for a year, for a nice place, is a good price. Yes, prices may go up, but they might not. The money she didn't have to put up for down payment etc. may do well otherwise invested.

Nobody really knows.

Unless this would be a second home in TV, doesn’t she have similar costs now where she lives? If she is renting, it’s rolled in to the rent and that money is gone forever.