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Why You Should Rent Even If You’re A Millionaire
My First Million
The Fallacy of 'Throwing Money Away on Rent'
The notion of 'throwing money away on rent' is questioned by highlighting the inconsistency in labeling rent as wasteful spending while other expenses like dining out are not judged in the same way. The speaker argues that as long as they are making money, it does not matter if the landlord is making money too. Additionally, buying a house and moving after a few years is described as a common financial mistake.
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