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Renting vs. Buying
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When you rent you are just giving away money every month. When you own you are actually putting your rent money into an investment. |
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Think about it. If you pay a landlord $800 a month for 2 years you will end up paying that person almost $20,000 over a two year period. Wouldn't that money be better invested in a place of your own? |
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Whether you should rent or buy will depend on your income and credit history. |