Renter to Owner
Renter to Owner
Out of context: Reply #34
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- Brainiac0
I own, I bought when I was 21 for the investment. I simply worked out that for a bit more money per week you end up owning something. Rent is dead money, You end up paying for some other persons investment.
I hear people say "but you pay sooooo much interest" but in reality the increase in property value pretty much offsets that. I paid $280,000 in 1997 and now (after the Aussie housing boom a few years back) I wouldn't sell for under $800,000.
- well done. man, at 21 i was blowing all my cash on piss and failing at picking up chicks.airey