tag:blogger.com,1999:blog-5273705609578689701.post3153149300614801522..comments2023-10-24T09:09:12.933-04:00Comments on Home Finance Freedom: Homeownership Cost Cliches: Housing Myths Part 10J at IHB and HFFhttp://www.blogger.com/profile/02454951293182876692noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5273705609578689701.post-64353392868406270732007-10-26T10:15:00.000-04:002007-10-26T10:15:00.000-04:00Allen,Hello. Most of House A’s $72k is gone like ...Allen,<BR/><BR/>Hello. Most of House A’s $72k is gone like rent (interest, taxes) and House A has additional costs (extra insurance, maintenance, etc.) that can wipe out the rest while Rent B often starts the day after moving in with much more cash in the bank (the security deposit being a small fraction of a traditional downpayment) and can add investments equal to the small amount of House A’sJ at IHB and HFFhttps://www.blogger.com/profile/02454951293182876692noreply@blogger.comtag:blogger.com,1999:blog-5273705609578689701.post-31127625519110985752007-10-25T13:44:00.000-04:002007-10-25T13:44:00.000-04:00I found many parts of this article to be inflamato...I found many parts of this article to be inflamatory and highly suspect, to say the least. You suggest that rent almost never increases: I have yet to see it not; & even if it stayed at the SAME LEVEL, that would still be worse then ownership.<BR/><BR/>Example: House A costs $600 a month in mortage + taxes. Rent B costs the same. over ten years, the renter in Rent B will have paid the owner $allenellisdewitthttps://www.blogger.com/profile/06764338290807473675noreply@blogger.com