Re:The Five Biggest Myths About Saving Money, According to a...
by irishcoffee on Thursday November 12, 2015 @02:59PM
(#10555683)
Pretty sure he still had emergencies. You're suggesting he just wouldn't need to pay for them if he was renting.
I'd personally rather pay an extra 20-40 bucks a month for something like BGE Home appliances/HVAC warranty than an extra 30% a month in rent relative to the cost of the mortgage. Oh, and gain equity. And rent the same house to someone else in a few years, have them pay my mortgage, and make an extra 30% off the top from them.
Renting isn't stupid. Buying isn't either, despite how popular that notion seems around here.
I'd personally rather pay an extra 20-40 bucks a month for something like BGE Home appliances/HVAC warranty than an extra 30% a month in rent relative to the cost of the mortgage. Oh, and gain equity. And rent the same house to someone else in a few years, have them pay my mortgage, and make an extra 30% off the top from them.
Renting isn't stupid. Buying isn't either, despite how popular that notion seems around here.