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Oh I agree! But better to avoid renting in general imo, if it’s a possibility.
by eddsh1994 4y ago
Oh I agree! But better to avoid renting in general imo, if it’s a possibility.
- fallingknife 4y agoNot correct. In most HCOL cities in the US, you can rent space for less than the equivalent cost to own. https://www.nytimes.com/2022/06/23/realestate/owning-renting-disparity.html https://www.nytimes.com/2022/06/23/realestate/owning-renting...
- taude 4y agoBefore Covid, there's sections of my city where you could either A) put 500K down + have 1M in outstanding mortgage (whatever that payment was) + 1600/month taxes + 1600/month condo fees or B) Rent a place in the same building for $4K/Month for similar sized apartment