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To: Alberta's Child

Rentals include the price of the property tax, so you are paying it anyway. When I rented, the property taxes went up, and the landlord increased my rent to cover it. No landlord is going to give away the cost of the property tax, they will include it in the rent.


11 posted on 09/14/2014 10:53:55 AM PDT by kaila
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To: kaila
The difference with a rental is that the landlord doesn't have to charge rent that covers a huge mortgage based on an inflated purchase price.

I've gone through this exercise on FreeRepublic before. Check out the real estate listings in your town and find a home that you might consider buying. Sit down and figure out your monthly cost of owning the home. Then contact a realtor and see if there are any listings for rentals in the same neighborhood. Sit down and figure out the monthly cost of renting the same home. You'd be shocked at the difference between the two numbers.

13 posted on 09/14/2014 11:02:34 AM PDT by Alberta's Child ("What in the wide, wide world of sports is goin' on here?")
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