Search the Community
Showing results for tags 'rent'.
Do you have a mortgage where you live? Or do you rent? Do you have roommates? What's the sich? With me, I have a mortgage. So here is the math... Rent: $2,000 a month (let's say) Mortgage: Also $2,000 (let's say) Every month 100% of your rent is set on fire, bye. Gone. Meanwhile every month of your mortgage, only a percent of that is set on fire, the rest of it goes toward your home value. So essentially, a mortgage is... kind of like putting money in a bank account, whereas rent is putting it in the garbage disposal... but I mean, either way, you did pay for something. Regardless, what is your take on it?