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Re:Canada bans foreign home buyers for two years by tomrod on Tuesday April 19, 2022 @11:37AM (#31084593)
If you pay a mortgage and you expect the housing market to stay stable or increase, you are investing in an asset.

Rent is gone to the owner, in exchange for one more month/two weeks/year/whatever frequency the payment is paid to the owner.

The opportunity cost between a mortgage and rent is not dollar for dollar (euro for euro, or whatever).

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