Most people think that it is better to own a home than to rent a home. Why is this opinion so prevalent? People have had several ideas drilled into their heads over and over again:
- If you pay $1,000 in rent each month, you will never see that money again. If you pay $1,000 on your mortgage, it is like putting that money into a savings account (because you can sell the house at the end and get your money back).
