I have this impression that it’s seen as a riskier decision to buy a home, knowing you won’t live in it long enough to pay off the mortgage and then sell it when you’re ready to move away, when compared to renting a home. Am I off base on that, and if so, why is this the case?
In: Economics
It’s not always a bad idea.
Sometimes that house will appreciate 50% in that 3 years, which would offset all the closing costs and stuff by a very wide margin
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