• Clanket@lemmy.world
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    9 months ago

    It’s rarely cheaper to rent when you factor in that you’ll never own the asset.

    • phoneymouse@lemmy.world
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      9 months ago

      Prices around me are insane. It’s twice the monthly payment to buy than to rent. And, that’s before spending on repairs and upgrades. In my area, renting is much cheaper than buying. This was actually a signal predictors of the 2008 crash used.