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Response to Augustus (Reply #45)

Mon Feb 9, 2015, 02:37 PM

59. It is the only hedge on inflation most people need...

 

A lot of wealth has been earned in equity. The economics of living makes it advisable in most areas and markets to buy. Most places rent exceeds mortgage payments on the same parcel. Not saying renting isn't right for some people.... home ownership has historically been a major step to financial independence.

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