Rent House Indefinitely & Never Buy
I'm simulating a case where the person wants to rent her house indefinitely and never buy a home. She lives in an area where rent increases are large and common. I don't see any way on the "primary residence" tab where she can allow for these rent increases. Does that mean I have to put them in "special expenses" by hand for every year of her life, or is there a simpler way? When I do the simulation without this it shows her housing costs as constant in today's dollars. They should instead be increasing at or above inflation.
Tue, 04/24/2018 - 21:23
Yes, that's a limitation that
Yes, that's a limitation that I just mentioned to the programmers. So right now the rent can only rise with inflation. So yes, one could add a series of annual expenses of some amount that does rise with or faster than inflation.