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Is it Wasteful to Rent a House?

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There’s an age-old debate about whether it’s better to rent or buy a home. While there are obvious advantages to owning your own home, there are plenty of good reasons to rent.

However, for many people, it’s a common conception that renting an apartment is a wasteful expense. They believe that they would be better off financially if they bought a home instead.

However, this isn’t always the case. In fact, there are many situations in which renting is actually the more cost-effective option.

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