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Day: June 4, 2012

Falling property prices have renewed the debate about renting versus buying a home. What are your views?

Listen up: If rent money is “dead” money, it’s no more “dead” money than mortgage interest. So, that is what you compare. Short term, renting is far cheaper. Long term, however, buying … kicks … ass. Let’s assume two identical houses, side by side. One is up for rent, the other for sale. The rent […]