Quote:
Originally Posted by V_RocKs
I rent... but the house I live in was $725,000 when I moved in 2 years ago.
It is now $640,000...
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Are you still paying the same rent per month to cover the owners Mortgage? If you are then that sucks to be you as well, its just like owning really except you're throwing money away two ways.
1. You're renting and not paying into your own mortgage
2. You're overpaying rent in a house that costs less to pay someone elses high mortgage.