• TipsyMcGee@lemmy.dbzer0.com
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    1 day ago

    Surely, this depends a lot on what market you’re in. If you’re in a very expensive area and need to take a big loan with a high fixed rate, I can see that being the case but renting the equivalent place would probably be extremely expensive too.

    • PapaStevesy@lemmy.world
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      1 day ago

      renting the equivalent place would probably be extremely expensive too.

      Right, like I said, mortgage is not cheaper, certainly not half as cheap. The market I’m in is a metropolis, it contains every range of the market, it just depends how much gun violence you prefer.