The Argument of Renting VS Buying

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According to ipropertymanagement.com, 36% of American's households rent their homes. Approximately 41% of renters spend more than 35% of their income on rent and most renters are under 45 years old with a college degree. When asked, 1 out of 5 millennials say they feel they will never be able to afford a home. It is often argued that renting is a waste of money. You cannot sell your asset (home) to get your money back. On the other hand,…

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