I purchased my first house at 22, I am sitting on a fairly nice amount of equity.When I sell I will either pocket a portion of that equity or put it all towards another house. I could not fathom how throwing your money away every month could be more equitable than actually putting money into something you own. But I guess to each their own. In a normal situation, where you have plans on starting a family and building a nest egg, Owning fair outweighs renting in my opinion.
To each their own though. I rented for 3 years, and I felt that I threw away around 35,000 dollars.
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