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The cost of owning vs renting can be very different depending on where you live and work and the amenities you want access to. Renting somewhere centrally located with good access to high quality transit and other amenities would likely be cheaper than owning. Unless we can start normalizing owning apartments again. You could own for cheaper on the outskirts of downtown, but you’ll likely be sacraficing access to some amenities by doing so.

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UnderpantsWeevil@lemmy.world ⁨1⁩ ⁨day⁩ ago

Renting somewhere centrally located with good access to high quality transit and other amenities would likely be cheaper than owning.

I’d need to see an example. I’ve never heard of a place that was cheaper to rent than own after five years. The break point on rentals tend to be short term stays, and mostly because of the cost of real estate transactions themselves.

For public housing it can be cheaper. But that’s never going to be a centrally located high-rise.

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