How would I really be saving money renting though? For a house my size I am looking at least 1500 dollars a month or more anyways for renting so I pay 200 or so more a month on utilities paying my house hold expenses owning. But then I just add 1 roomate for 500 a month and im 300 bucks on top or I have 2 roomates and it only cost me 700 bucks a month to own my own property and pay for it all and the extra 800 dollars goes to paying down my mtg? People who rent and say its better than owning don't think about ways to still have a nice place to live and have someone else pay down your mtg for you.
That being said I am 22 and have 3 properties so I am biased on the issue. But I cannot for the life of me understand why someone would throw money away each month on renting.
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