Quote:
Originally Posted by coleprice
Your rent will go up most years, while your mortgage remains unchanged. Although insurance and taxes will go up a little each year, they are relatively small and will not escalate at the pace of rents.
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Renters have no maintenance costs and do not pay for repairs. Zero time is spent attending to these needs. If a landlord decides to sell the home, many more rentals are available or you can pull your funds from your savings and buy a home. The decision to own or rent is give and take. Honestly, we are LOVING renting. Hassle-free and more time to enjoy our retirement.