The cost of buying a home the same size as my apartment in my neighborhood would be around 6,000 a month. Renting is about 3500 a month. Mortgage payments have been substantially higher for years. Seems like everyone I know claims to be house poor. How can you say that buying is almost always cheaper than renting? Or am I missing something?
abelenkpe2 karma
The cost of buying a home the same size as my apartment in my neighborhood would be around 6,000 a month. Renting is about 3500 a month. Mortgage payments have been substantially higher for years. Seems like everyone I know claims to be house poor. How can you say that buying is almost always cheaper than renting? Or am I missing something?
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