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ThurberMingus · 2393 days ago · link · · parent · post: Are student loans and avocado toast really keeping millennials from buying homes?
By the numbers, my wife and I are far better off renting an apartment and saving the difference between a mortgage and rent, instead of competing with this market. Also, odds are we will move more than once inside DFW before picking a place to stay long enough to make buying a good idea.
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ThurberMingus · 2392 days ago · link ·
Yes I have played with that. Our situation isn't an apples to apples comparison: here, renting a house is more expensive than buying one, but renting is usually cheaper than buying for apartments/townhomes, especially the small ones. And we don't need more than a 1 br place for now, and won't need bigger for a few years. So we are better off renting what we need now instead of buying what we will want later.