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In the personal finance world, there's been a long-running debate on whether buying a home or renting for life is better for your money long-term. But unlike rent, a mortgage comes with many other expenses, like taxes, maintenance, and upgrades. So is it more accurate to say that homeownership is more comparable to an auto loan than it is to paying rent?
In Episode #146, Katie joins Felipe for a conversation about surprise expenses they experienced during the first year of homeownership, including a surprise tax bill that hit both households.
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By Brian Blackburn, Chase Peckham, Felipe "Phil" Arevalo4.7
1111 ratings
In the personal finance world, there's been a long-running debate on whether buying a home or renting for life is better for your money long-term. But unlike rent, a mortgage comes with many other expenses, like taxes, maintenance, and upgrades. So is it more accurate to say that homeownership is more comparable to an auto loan than it is to paying rent?
In Episode #146, Katie joins Felipe for a conversation about surprise expenses they experienced during the first year of homeownership, including a surprise tax bill that hit both households.
Support the show