Quote:
Originally Posted by Radley77
Or spend $450,000*.06= $27,000 to bank in interest
vs. renting at your $1000*12= $12,000 in rent?
It's a game of which is the lesser evil...
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You are going to get a hell of a lot nicer place if you buy something at $450,000 than if you rent a place for $1000. Renting a place that is worth $450,000 is going to cost you almost $2000 a month. (If we are going to compare apples to apples)
It comes down to a lifestyle choice.....
You rent, I'll own and we'll both be happy with our decisions.