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re: “You’re just throwing your money away on rent”
Posted on 8/20/19 at 10:45 am to Eli Goldfinger
Posted on 8/20/19 at 10:45 am to Eli Goldfinger
you think they can find something to rent for less than $1350/mo if the housing market is that inflated?
1
Posted on 8/20/19 at 10:50 am to lowhound
yea...but I think his point here is that with renting for about $1,350 that's all they would be paying. Paying a mortgage that is $1,350 comes after a down payment and any other costs with closing etc....plus it would likely leave them unable to make any repairs that come up...A/C or water heater goes out...they fricked.
Home owning is a much better option as long as it does not leave you broke and vulnerable to unexpected expenses
Home owning is a much better option as long as it does not leave you broke and vulnerable to unexpected expenses
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