Depending on where you live, much or all of that value goes away if it’s 35-50 percent more expensive to own. Especially if you choose to invest the savings.
That’s some rich dad poor dad BS. Means nothing if you can’t afford the additional y cost over renting, plus with interest rates where they’re at……so much of that monthly payment is still going nowhere.
You don’t have to pay the mortgage in thirty years and eat the entirety of the interest. I paid mine off in three.
There’s no way I’m not saving money over renting at this point. I pay less than $1000 a month to live in a place that would cost $4000 a month to rent.
Yeah, but, after X years you own your house.
After X years of renting, you got nothing.
Depending on where you live, much or all of that value goes away if it’s 35-50 percent more expensive to own. Especially if you choose to invest the savings.
That’s some rich dad poor dad BS. Means nothing if you can’t afford the additional y cost over renting, plus with interest rates where they’re at……so much of that monthly payment is still going nowhere.
You don’t have to pay the mortgage in thirty years and eat the entirety of the interest. I paid mine off in three.
There’s no way I’m not saving money over renting at this point. I pay less than $1000 a month to live in a place that would cost $4000 a month to rent.