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re: Renting vs owning
Posted on 4/7/13 at 12:12 pm to Siderophore
Posted on 4/7/13 at 12:12 pm to Siderophore
You assume that you would be able to rent the same property permanently. Renting will often involved moving on a regular basis. Do this a few times and you have spent a lot of money which would probably add up quickly to be the same or even more than a down payment on a mortgage.
Once you own a property it is your forever as long as you pay the taxes. Renting, you have nothing in the end.
Once you own a property it is your forever as long as you pay the taxes. Renting, you have nothing in the end.
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