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Often times rent is more expensive than owning a home (through a 30-year mortgage, for instance). So, in the end, you end up with an (appreciating) asset vs jus
by EADGBE 9y ago
Often times rent is more expensive than owning a home (through a 30-year mortgage, for instance). So, in the end, you end up with an (appreciating) asset vs just having somewhere to live for X years.
Of course, and this is a huge reason for some people, you're kinda stuck there, unless you want to do the buy/sell dance to move around.