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Personal Finance (Not Investing) • Paying cash for a house vs rent in retirement

Renting has the overwhelming disadvantage of unknown costs. My rent went up 25% one year and 10% the next. In retirement a couple such increases on a limited income would be devastating.
Um, owning a house has a much higher capacity for unknown costs than renting... replacing that leaking roof or all your windows, how about that burst sprinkler head in the finished basement, oops looks like we have foundation issues...

Statistics: Posted by avalpert1 — Fri May 10, 2024 9:01 am — Replies 5 — Views 473



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