"Since the tax-deductible nature of mortgages also applies to your landlord, that factor nets to zero."
My analysis still holds: if your mortgage is less than rent, then you can do calculations based on the price from the down payment rather than total appreciation on the home.
How the mortgage payment ends up lower is irrelevant. All I meant by the mortgage interest thing is that you have to remember to adjust downward a little to account for that.
My analysis still holds: if your mortgage is less than rent, then you can do calculations based on the price from the down payment rather than total appreciation on the home.
How the mortgage payment ends up lower is irrelevant. All I meant by the mortgage interest thing is that you have to remember to adjust downward a little to account for that.