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I'm not really clear how it's rent free when you're making monthly mortgage payments? That seems rent free in name only.
by elliekelly 7y ago
I'm not really clear how it's rent free when you're making monthly mortgage payments? That seems rent free in name only.
- BenoitEssiambre 7y agoWe're talking about buying a house as a form of saving vs buying other financial assets. The part that you borrow is not savings. Only your home equity is savings. The part that the bank owns is not savings to you.
- deleted 7y ago[deleted]