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re: When does it make sense to buy vs rent?
Posted on 3/22/14 at 2:17 pm to Sigma
Posted on 3/22/14 at 2:17 pm to Sigma
As an extremely generic rule of thumb, if rent vs. mortgage come out to be about the same per month, I think moving in under 5 years you'll likely lose money buying, 5-7 you'll likely roundabout break even, 7+ you'll likely save money by buying.
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