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Comment by carlosjobim

You are totally comparing apples to oranges. Rent is never lower than a mortgage, not in any single place in the US or in the world. For the same unit.

What is the rent for a 1500 sqft apartment compared to the mortgage for a 1500 sqft apartment? The rent is always higher.

What is the rent for a 1500 sqft house compared to the mortgage for a 1500 sqft house? The rent is always higher.

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