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Message Subject Mortage vs Apartment living cost
Poster Handle Anonymous Coward
Post Content
Renting = renting an apartment.

"Buying" with a mortgage = renting the money to buy the house.

They are BOTH renting. The only way to avoid renting is to have the cash, which most of us don't have.

(And there are differences in tax breaks, appreciation/depreciation, maintenance costs, independence, etc. Many pros and cons there.)
 
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