Quote:
Originally Posted by L-Pink
In TODAYS market renting beats buying if the owner isn't going to be in the same location for an extended period of time.
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Not even close. If you buy a house, live in it for one year and then sell it and move, you'd probably still lose less than the money you pissed away on rent during that time. Assuming, of course, that prices keep going down, but there's no huge real estate crash.