josh and jenna sell home for $1m on the block , page-8

"you know what does it mean when you pay 7% interest and your capital depriciates by 3,4,5% ???

its a disaster! "

So losing 4.5% per annum, increasing year on year with inflation through renting resulting in you never owning a tax free asset in your life is financial prudence?

I'd call that a disaster.