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Risks of Renting Long-Term Renting may offer short-term convenience and flexibility, but over time, it comes with significant financial and lifestyle disadvantages compared to homeownership.
The Difference in the Cost of Owning and Renting The true cost of renting isn’t just the rent-versus-mortgage difference, but the lost opportunity to build equity through appreciation and principal reduction, along with forfeiting other homeownership …
It’s Not Magic…It’s Math!
How Home Value Growth Beats Renting Over the last 60 years, the average sales price of homes has appreciated at a rate of 5.56% annually, according to the Federal Reserve Economic Data. During the same period, rent …