Re:Ever-increasing home values are a Ponzi scheme
by 8note on Monday June 21, 2021 @08:30PM
(#27586455)
Rentals should always be more expensive than buying then, no? You're gaining a service overtop of the place to live. Not to mention, you should be able to leave atyhe drop of a hat, rather than be required to have a 1 year lease
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Re:Ever-increasing home values are a Ponzi scheme
by sokoloff on Monday June 21, 2021 @08:41PM
(#27586563)
Renting hotel rooms is more expensive than a month-to-month lease is more expensive than a year-long lease, so that all checks out to agree with your premise.
Whether renting or buying is more expensive depends on your market’s outlook for property prices. But in an environment where they don’t go up, I’d definitely expect renting to cost more.