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by bluefirebrand
1832 days ago
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Because owning a house builds equity and renting doesn't? Owning a house and having renters pay for your house to build equity is extremely valuable. Even if they only pay 80% of the mortgage, it's still equity you are only paying 20% for. Besides which, most renting is only for part of a building, so it's much cheaper than buying a whole building and property. |
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