Getty Photo Illustration: Keila Gonzalez Getty Photo Illustration: Keila Gonzalez
When Los Angeles–based author and entrepreneur Ramit Sethi eventually buys a home , he predicts it will be the worst financial decision he ever makes. "I could buy a house now, but I ran the numbers and I've made more money renting than I would have owning over 20 years," he tells Popsugar.
Haley Sacks, another entrepreneur and financial influencer in New York City, feels similarly. "I'm a millionaire and I rent," she says.
Both experts have taken what they would have spent each month on mortgage payments and instead invested it into the stock market, which has done much more for their portfolios than the equity on properties in their respective cities could. But if these financial experts are c