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/biz/ - Business & Finance

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>> No.57937606 [View]
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57937606

If rent is lower than by a mortgage by any significant amount it's far better to rent and save the extra cash for a market down turn. My mortgage is around $800 lower than my areas average rent. The average rent is literally $2500 less than a mortgage in my neighborhood right now. If I were in the market i would be renting and stashing the extra $2500 and waiting for the inevitable market correction.

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