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Old 05-10-2012, 01:21 PM   #70
hmmhmmcamo
Powerplay Quarterback
 
Join Date: Mar 2006
Location: Victoria
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Quote:
Originally Posted by Lt.Spears View Post
Putting 1600/month is stupid when its literally going to nothing.

Even if your mortgage payment is 2000/month, at least it is going towards something that you will have.

Renting just throws money away IMO.
For the money we spend on rent, we get a roof over our heads, in the exact location that we want to live in. We get this while not having to worry at all about any maintenance issues/costs, strata issues (ie unexpected assessments), but most importantly, it won't bother me in the slightest when prices start coming down (and in Victoria they are).

It's pretty naive to just dismiss renting as throwing money away.
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