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[deleted] t1_jcvu32y wrote

Reply to comment by gcubed680 in We're #3. Not a yay. by RedRipeTomato

Older generations were able to build wealth in a way that was denied to us. I actually pay rent (in Massachusetts) that's higher than a mortgage in most places but I don't have a car and my job isn't in most places.

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kellogsmalone t1_jcxjxwc wrote

Pretty much all rents are higher than mortgages because rent is a mortgage plus additional taxes plus a little profit to account for repairs. My mortgage is $2100 and I rent it for $2,400.

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