LogFAQs > #927534755

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Topic	Anyone here plan on renting forever? Anything wrong with renting instead of
emblem boy 09/16/19 7:40:12 PM #24:	FrozenXylophone posted... Eventually you would pay more than the cost of owning the house and could never get that money back. With the house, you can sell it or rent it out. You basically are throwing away money. It depends on how much your rent is. If you're paying really low rent, and you're investing the difference between rent and mortgage (including the extra fees associated with home ownership + down payment costs), it might end up working out for you. --- Pitter-patter, let's get at 'er <cite>emblem boy posted [p:927534755] in Anyone her... [t:78016694]...</cite> <quote><cite>FrozenXylophone posted...</cite> <quote>Eventually you would pay more than the cost of owning the house and could never get that money back. With the house, you can sell it or rent it out. You basically are throwing away money.</quote> It depends on how much your rent is. If you're paying really low rent, and you're investing the difference between rent and mortgage (including the extra fees associated with home ownership + down payment costs), it might end up working out for you. --- Pitter-patter, let's get at 'er</quote> ... Copied to Clipboard!
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