yes, i rent and I'm much better off. If your interest on a mortgage is higher than the rent cost you won't own your home any sooner., it's a no brainer been out of the housing market now for 4 years and i have a life now and I'm saving a s**t load. It maybe inconvenient but least I'm building my wealth to avoid paying more interest later with much higher deposit. And playing the market with my cash.
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Peter Batten, MD
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