apartments

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Renting is cheaper

Posted 43 weeks 4 days ago by Philip Brewer

Frugal Living, Real Estate and Housing

Framed house

Everybody has seen a rent-versus-buy analysis. On one side you add up the mortgage, taxes, insurance, and maintenance costs (being sure to adjust for the tax write-off of the mortgage interest). On the other side you add up, well, just the rent, really. Then, at the end of 30 years the homeowner has a house and the renter has... nothing. Here's a different way to look at it.

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