2 ms·
Rent is usually simultaneously lower than the extras-included mortgage payment but higher than the net worth hit. A Bay Area $1m home might rent for $4k, have a
by reducesuffering 5y ago
Rent is usually simultaneously lower than the extras-included mortgage payment but higher than the net worth hit. A Bay Area $1m home might rent for $4k, have a $6k mortgage new, but only drain your net worth $2k. (because of $ towards principal, housing appreciation/inflation, tax deductions, etc.)