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    🎓 Doc Freemo :jpf: 🇳🇱 (freemo@qoto.org)'s status on Wednesday, 25-Sep-2024 05:40:00 JST🎓 Doc Freemo :jpf: 🇳🇱🎓 Doc Freemo :jpf: 🇳🇱
    in reply to
    • Sal Rahman

    @manlycoffee

    Generally you will pay a good deal **less** per month with a mortgage even with all the extras. REally wheree i think there is an argument to rent is if you dont want to be locked down to a location. If you want to move every few years a mortgage is **not** the way to go. But if you are going to keep the house until you own it(and perhaps even rent it out rather than sell if you move) then a mortgage is a great economic choice and it certainly isnt "hurting your ability to gain wealth" since it is both giving you collateral and saving you money over renting.

    In conversationabout 8 months ago from qoto.orgpermalink
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