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Old 08-31-2011, 10:33 PM   #140
RogerWilco
First Line Centre
 
Join Date: Mar 2004
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Quote:
Originally Posted by photon View Post
Are you further ahead though?

Lots of people make good money but still rent; the money they save renting vs. owning they invest.

I think home ownership should be a lifestyle choice; it's not an investment.

Right now buying is probably cheaper than renting because of low interest rates, but historically isn't owning typically more expensive than renting?
Very ahead, my payments are fairly equal to before. But I get some equity now. I renetd for years, you can't rent for less than a mortgage in this City. Not now any way.
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