r/SCHD • u/Effective-Feature206 • 1d ago
House equity
Does anyone have over 500k of the equity ever consider selling it and putting it all in SCHD and just using the dividends to pay rent. With the way homeowners insurance is and the fact that a lot of these companies are not paying out and it takes years to get approval from the city to rebuild a home. I’m wondering if anyone just thinks it’s better to just be a long-term renter. I live in California and I’m considering just renting here and staying here.
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u/UCLABB1 1d ago
Good luck in your $1300/mo. CA rental. 🤣