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The Myth That Rent Is Throwing Money Away
Real estate agents and mortgage brokers meet in a dark alley, oh, my goodness, and they decide how to get the messaging right. So when people say that rent is throwing money away, what they arge in order to back up that claim is that, number one, rent is an expense, while mortgage s build equity. Number two, rent is forever, while mortgages end. And number three, renters don't benefit from rising home values, whereas home owners do. Those are the arguments that support the myth that renting is throwing time away.
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