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by pjc50
1069 days ago
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> been able to live without stress about all the responsibilities that come with owning a house A lot of renters report that being forced to move house regularly is a huge source of stress. > rent is money down the drain, mortgage payments is money you keep in the end Mortgage is paying rent on a house-sized chunk of money which you have to spend on a house. Economically they're similar. Except the US has a big tax advantage which is only available to morgagors. (Does it also have the home capital gains tax exemption?) |
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