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Originally Posted by Sly
Why on Earth would you be paying a rent twice the price of a mortgage and live in an apartment? That doesn't make sense. You may have a nice apartment, but it isn't THAT nice. Buy or rent a house, you'll save money and get your peace and quiet, maybe.
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EXACTLY!!
Baba... Renting has it's benefits and purposes in life, but maybe this is a sign that it's time to buy a house. When you rent, your rent money goes towards paying off someone else's property. When you own your own house your mortgage payments go towards paying off your own property.
And it's always your money. You can usually sell a house for more than you paid for it and get ALL your money back. You can't do that with an apartment.