Is It Better to Rent or Buy a Home?
Money For the Rest of Us
The Cost of Owning a House
The cost of home ownership, including the house itself, equates to about $1,685 per month. If we could have rented for less than that, we would have been better off renting. The flexibility issue is it easier to move if you're renting and break the lease contract? It depends. In our case, we built a house and lost money on it but in the case of our farm, we bought it a more opportune time.
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