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by weepinbell
341 days ago
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The NYTimes/NerdWallet calculators implicitly account for that in their logic - they track money you gain/lose from down payment/mortgage/interest/taxes, then selling the house at the end. On the renting side, they only assume investing the money that isn't going to down payment/monthly mortgage payments, not investing the full value of the house. My blog post here is just giving an argument that 2 of their parameters should be updated, then showing the result of that update. |
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