3 ms·

Well in 30 years you'll at least own it. Would suck to be renting in your late 60's and paying for that on retirement income.

• kasey_junk 10y ago
  But you can invest the difference in something more liquid and diversified and use that income to forever pay your rent.
  • madengr 10y ago
    That's true, but most of the time it's just as expensive to rent than buy. You are paying the mortgage of your landlord, along with their salary.
    • SomeCollegeBro 10y ago
      Not really true, especially with multi unit housing. The mortgage is split between tenants. Rentals are generally also not responsible for fixing things like broken pipes or furnace repairs either.