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It isn't. But also rental property and ownership property are not the same kind of properties.
by conanbatt 7y ago
It isn't. But also rental property and ownership property are not the same kind of properties.
- vonmoltke 7y agoFirst, that's not entirely true. We just moved out of a half-duplex that we could have bought if we wanted to (the owners decided to sell it near the end of our lease term). Second, in the case they are different kinds if properties, comparing them on cost alone isn't valid.
- conanbatt 7y agoProperties worth paying to live in vs Properties worth renting have an intersection, but they are very distinct groups.
- vonmoltke 7y agoYes, that was my point. Saying that renting is almost always cheaper than buying when the properties for rent are inferior to the properties for sale is meaningless. Renting the properties that are worth buying is not almost always cheaper, except in certain markets at certain times.