Have you ever wondered if renting or owning is a better financial decision? The decision to buy a home is a big one. As you start researching your options, it's important to think about what's best for your budget and goals. You may have already realized that rent increases over time, but home values appreciate. However, that doesn't mean you'll get rich by purchasing a home—instead of just investing money into rent, think about the "rent" for your home as an investment in your financial well-being.
Remember, rent has no effect on equity.
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