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[QUOTE="superjohn, post: 5321799, member: 1522"]
There's tradeoffs and benefits to both owning and renting.

As for renting there's something to be said for never having to worry about a major repair like a new roof.  Never paying a dime on a single project or repair, getting a new furnace, stove, washer dryer etc. for free instead of paying out of pocket if/when they break down.  Never mowing a lawn or paying someone else to mow your lawn, never paying for a snow plow to do your driveway, never paying for landscaping etc.  Being able to pick up and move anywhere you want in the world immediately.  Not having a huge amount of your money tied up in your home with monthly mortgage payments, property taxes, maintenance/home repairs, home insurance as you pay it off.

A lot of it depends on where you live, how heavily/aggresively you invest in money markets, if you are incredibly handy/enjoy projects, living within your means.

It's so often parroted that renting is throwing away money and that couldn't be further from the truth in my experience.
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