The private vehicle is an odd beast. It provides incredible convenience. It also causes or contributes to many of the ills in the world. But rather than tackle the environmental or health aspects of driving today, I’m going to outline my reasons why I believe the traditional logic of the financial independence community regarding cars is flawed in one key way.
It’s important to preface this by saying I will be discussing rental property in New Zealand in this article. From what I’ve heard and seen on various US personal finance blogs and podcasts, the property market over there seems to vastly different so what I say here likely won’t apply. Please refer to my disclaimer as well, where I will further attempt to extricate myself from the idea I’m providing any real advice 🙂