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Comment by eru

> if you HAVE to do a mortgage, then its likely that renting will be a better deal for you for over 10 years straight, before the mortgage pays dividends.

How do mortgages pay dividends?

In any case, it's all about opportunity costs, and yields.

To give an extreme example: if the house costs 100x the yearly rent, you are probably better off putting your money in the stock market instead of buying the property, and paying your rent from the returns on the stocks.

parent eru 1 year ago

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