@[email protected] to News • 1 month agoOwning a home has rarely been this much more expensive than rentingfinance.yahoo.comexternal-linkmessage-square162fedilinkarrow-up1375arrow-down18cross-posted to: housing_bubble_2
arrow-up1367arrow-down1external-linkOwning a home has rarely been this much more expensive than rentingfinance.yahoo.com@[email protected] to News • 1 month agomessage-square162fedilinkcross-posted to: housing_bubble_2
minus-squareArchRecordlinkfedilinkEnglish6•1 month agoBut having a mortgage does put you on the path to becoming one. Have a mortgage you pay for long enough, and you’ll end up with ever decreasing payments, then no mortgage, and a house. Have rent you pay for long enough, and you’ll have ever increasing payments, and never own a cent of the property when you quit.
minus-squareLucalinkEnglish0•1 month agoFor me, my apartments was proprietary of the bank till i managed to full repay the loan.
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But having a mortgage does put you on the path to becoming one.
Have a mortgage you pay for long enough, and you’ll end up with ever decreasing payments, then no mortgage, and a house.
Have rent you pay for long enough, and you’ll have ever increasing payments, and never own a cent of the property when you quit.
For me, my apartments was proprietary of the bank till i managed to full repay the loan.
deleted by creator