• @[email protected]
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    1119 hours ago

    My rent is around 1800 euro, if I’d buy this apartment, my mortgage would be around 3000. That’s for more than half a mil. After 30 years I’d have paid off more than a mil.

    The company I rent from just got their financing much earlier, and in very big quantities. (Eg it has 100s to 1000s apartments and houses.)

    Every year I make more money, every year the place I live is more difficult to buy.

    • @[email protected]
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      35 hours ago

      One key difference between renting and buying is that you can then sell the apartment or house. You can’t claw back rent after being a good tenant for 30 years.

      • @[email protected]
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        24 hours ago

        True true, I try to invest most of the difference, hopefully that will be worth something too when I need it.