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RE: LeoThread 2025-05-13 02:48

in LeoFinance5 months ago

Part 2/12:

One of the critical blunders people make when deciding between renting and owning is simplifying the decision to a mere comparison of monthly costs. The monthly mortgage payment, often viewed as an expense, doesn't accurately represent the actual cost of living in a home. Mortgages are frequently perceived as a means to build wealth, but Felix argues that they can actually lead to an increase in housing costs over time, particularly when considering maintenance, property taxes, and depreciation.

The Reality of Home Ownership as an Investment