The way I see it, it's better to rent. I rent a one bedroom apartment, and I've had no closing costs, don't have to pay for repairs, and I'm not tied down to anything just in case I need to move. Also, the money that I'm "pissing away" each month on rent is equivalent to the money I would be "pissing away" paying maintenace fees and taxes. Any money that I do have to invest I can put in the stock market. I have just as good of a chance to get 10-12% gains there as I do in real estate. So am I missing something?
2006-07-09
00:24:04
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12 answers
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asked by
Anonymous
in
Investing