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by carlosjobim
279 days ago
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How do I get my point through? You can not compare houses to apartments. You can not compare between different regions. You have to compare the exact same unit, the exact same property. Why are you trying to shuffle the cards? Rent is always higher than a mortgage for the same unit. |
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No, housing is not always cheaper, feel free to do some research. Its highly dependent on your city.
If you truly think buying is cheaper in Manhattan then I don't know what to tell you. You're just wrong, period.
What's happening here is youre comparing suboptimal housing to THE ABSOLUTE most expensive apartments you can find.
My parents do the same thing. "Oh housing is so much cheaper, imagine renting in Dallas!"
But... We're an hour and a half outside of the city.
The reason the housing is cheap is because nobody wants it.