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It all depends

Submitted by Andrea Dickson on September 4, 2007 - 15:22.

There are so many factors to take into consideration. I crunched the numbers a couple of weeks ago and found that it could go either way depending on the markets. And since rental AND housing markets are rather unpredictable, there's no way to no for sure (do try the above spreadsheet - it's great).

The important thing to consider is that a house may be less of an asset than we all seem to think it is. I've always been told that you can never go wrong if you invest in real estate - but it seems like you can do pretty well if you just rent and save a whole lot of money, too. Then again, since it's impossible to tell how the markets will be acting in 30 years, assumptions are tough to make.

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