Business Times published this commentary by Leslie Yee. If you read his bio, Leslie knows what he is talking about when it comes to properties. He spends enough time at Linked REIT, Guccoland and is currently Senior Adjunct Research Fellow at the Institute of Real Estate and Urban Studies. In this article, he was challenged to see whether permanent renting would make sense. And he laid out a permutation where renting will equal buying and owning a home. In his example, the sweet spot is to compare buying a $2 million condo on leverage versus renting one at an initial rent of $3,500 a month. At the end of 60 years, when you sell off the home, the net gain is $4.6 million. The value of your REIT plus the distribution, net off the rent paid over the years is $4.6 million. Here is the Buy versus Rent simulation as I understand it:...