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Re:Higher-income people are worried about the economy by pavlov on Wednesday March 23, 2022 @01:35PM (#30781078)
You started buying at the bottom though.

For another data point, the Manhattan apartment which I'm renting was recently sold. The previous landlord had purchased it in 2016 for $200k higher than the sale price now, over five years later.

I'm renting because I know I'll be moving again within the year. If I had bought a place in NYC when I moved here, I'd have lost a lot more money than I've paid in rent.

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