• NightAuthor@lemmy.world
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    1 year ago

    Remember that renting can be financially better, depending on circumstances.

    Purchasing also throws some money away, interest, insurance, maintenance (which is more than people think), and actual purchase and sale fees to banks and realtors.

    Often the recommendation is to only buy if you really think you’ll be in that house for at least 10 years, can put 20% down… and some other things I can’t recall of the top of my head.