Acorn,
I'm going to lose money either way if I buy or Rent, but the reality is you cant make a profit out of the house you live in as when you sell you are buying again at the same point in the market.
This is not true when buying an investement proeprty as the goal is to increase the value and flip it, or hang onto it for rental income, but the idea is to profit out of it.
I dont care that buying a rental property means you own one at the end. you could say that with a car too, buy a car with a car loan, and you will have a car at the end, where the person who leased a car wont.
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