3 ms·
The cost of owning a house needs to always be compared to the alternative. By owning, the principal+interest payment disappears when it is paid off. Sure you co
by jjav 6y ago
The cost of owning a house needs to always be compared to the alternative. By owning, the principal+interest payment disappears when it is paid off. Sure you continue paying other expenses. If you rent, you pay the full and increasing market rate, forever.