I need to get out of new york :(
Yes, but those are included in the rent price. Whereas, in a buying situation it would be on top of the price you think you'd be paying.
At the end of the 30 years, the buyer in the video would not own the house. He would still owe $1M in order to own the house (if the market is good, the house could very well be worth more than $1M, but that is besides…
I agree, as others have pointed out, that the exact numbers differ based on location as well as situation (mortgage size, etc.) and in some cases it is better to buy vs. rent. However, I think it was a good video…
I need to get out of new york :(
Yes, but those are included in the rent price. Whereas, in a buying situation it would be on top of the price you think you'd be paying.
At the end of the 30 years, the buyer in the video would not own the house. He would still owe $1M in order to own the house (if the market is good, the house could very well be worth more than $1M, but that is besides…
I agree, as others have pointed out, that the exact numbers differ based on location as well as situation (mortgage size, etc.) and in some cases it is better to buy vs. rent. However, I think it was a good video…