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"Renting is far more expensive." A person does not need $50,000 cash to move into a rental unit, let alone the cost of taxes, upkeep and maintenance.
by standardUser 5y ago
"Renting is far more expensive."
A person does not need $50,000 cash to move into a rental unit, let alone the cost of taxes, upkeep and maintenance.
- jjav 5y ago> A person does not need $50,000 cash to move into a rental unit The downpayment is indeed a hurdle to get into ownership. There are times/banks which will allow a much lower downpayment, though that has its risks. > let alone the cost of taxes, upkeep and maintenance The renter is of course paying for all of those, as the landlord is passing on all the costs and making a profit on top.