RE: I suppose I agree with you to a point, Kary. All tinghs being equal, I'd rather have the monthly payment go towards something to own. And we all would have a personal point where as the two payments diverge, we would prefer renting over owning. Where that point lies is up to the individual. The rent provides a benchmark against the mortgage to help determine the value. Properties 2 + 3 above seem awfully rich compared to the rents being asked, don't you think?
by Shehzad 09:54:43 PM 2012.08.30 |