Room for Debate | New York Times

Tuesday, May 12, 2015

Renting Vs. Owning

Owning tends to be cheaper in the long-term, since at the end of your payments you own the property – which builds your wealth and enables you to potentially sell the property in the future.When deciding to buy a car, there are many additional costs to consider – like registration fees, the price of gas, maintenance and repair expenses, and even auto insurance payments! Car leases can have lower monthly payments but tend to be more expensive in the long run.

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