Quote:
Originally Posted by Duckyboy
And yes, the bank get's rich off of you, but at least you get a house out of it; you don't get shit from renting.
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That's not true at all. If the differential between monthly mortgage payments and monthly rent is great enough you could get far better returns in the long run by investing the difference in something else. The value of your home might drop or stagnate too, real estate isn't as safe an investment as some people think.
There are all kinds of rent vs. buy calculators on the Internet.