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> Otherwise you're just throwing money away on rent, you'll never see those rent payments again. This propaganda is not the whole truth. Renting almost always
by bluGill 1y ago
> Otherwise you're just throwing money away on rent, you'll never see those rent payments again.
This propaganda is not the whole truth. Renting almost always means you live in a smaller/cheaper place (or perhaps in a more expensive place but you don't own a car) after maintenance costs are accounted for. People who take that different and invest it well end up just as rich as people who invest in houses - it isn't hard to find investments that have a much better long-term returns than real estate.