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Showing Original Post only (View all)Anyone else only rent? [View all]
I've moved several times for career. I've always rented. I wonder did I mess up. I could have built wealth with a house.
Anyone else just rent? What are the benefits of renting?
Feeling like a loser
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You get tons of tax write-offs for those expenses though which means a big refund check yearly...
brush
Apr 25
#7
In other words, you get quite a few deductions from ownership, that you don't get from renting.
brush
Apr 25
#42
I sold my last house about 8 years ago. Just when prices were beginning to skyrocket
captain queeg
Apr 25
#9
Yep it's always something. The only advantage is the mortgage stays the same.
captain queeg
Apr 25
#18
I have rented most of my life, paid mortgages on property but personally received no equity
sanatanadharma
Apr 25
#12
Well, good luck on finding that cheap condo. The monthly condo fee could eat up any savings you might score.
SWBTATTReg
Apr 25
#31
I'm pretty sure I couldn't take care of the house by myself. And every time I thought I might, somebody said $7000 roof
Walleye
Apr 25
#35
I'll add one more advantage of renting that I've been thinking about lately
captain queeg
Apr 25
#25