Quote:
Originally Posted by Lt.Spears
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.
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Do the math, you're really just selecting which method to pay interest to the banks. Either directly through home ownership or indirectly through a landlord intermediary. Buying with a huge mortgage is really just renting money.