Is renting forever actually smarter than buying a home?
Throwing money away, or staying flexible and skipping the debt trap? The 'rent vs buy' war that ends every dinner party.
Throwing money away, or staying flexible and skipping the debt trap? The 'rent vs buy' war that ends every dinner party.
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Add your comment'Renting is throwing money away' but a 30-year mortgage where the first decade is almost pure interest to a bank isn't? Run the actual numbers before you preach.
Rented my whole life, invested the difference, and I'm freer and richer than friends house-poor on a place that owns THEM. It can absolutely work.
The math depends entirely on your city and how long you stay. Anyone giving a one-size answer is selling something, usually a course.
A paid-off house at 60 vs a renter at the mercy of a landlord raising it 15% a year. I know which retirement I want.
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