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x1798DE | 3 years ago

The article does not really explain what it means for it to be "cheaper" to rent than to buy here. Do they mean mortgage payment + taxes is higher than rent? Or do they mean that mortgage payment + taxes - equity is higher than rent?

It seems like accurately assessing the true cost of owning a home is complicated, to say the least, and it might not be terribly easy to compare it to rental costs across the whole country like this...

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