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A comment on Renting vs Buying, Foreclosures and Job Growth across 50 US Cities. Parent comment

Re:Renting vs Buying, Foreclosures and Job Growth across 50 ... by pedrolll on Wednesday August 17, 2011 @08:30PM (#2897502)
A person renting simply needs to invest the money that he would otherwise be spending on a loan, in something else, like stocks etc.

http://www.economics21.org/commentary/renting-v-buying-new-e...

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Re:Renting vs Buying, Foreclosures and Job Growth across 50 ... by carbonica on Wednesday August 17, 2011 @09:40PM (#2897641)
Buying stocks and even bonds is an enormously different type of investment than buying a home and investing in it.
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Re:Renting vs Buying, Foreclosures and Job Growth across 50 ... by roel_v on Thursday August 18, 2011 @04:46AM (#2898473)
That's commonly said but frankly I don't see why, when you invest in an (index) fund (as you should if you're not a 'professional'). It takes about as much work and intelligence to choose one or a few funds as it does to choose a mortgage and do total-cost-of-ownership vs rent calculations.
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