Why Renting a House Is Riskier than Buying
Many people feel that buying houses is risky. You could lose your job, you could have a medical issue, or you could suffer some other financial hardship that will prevent you from making payments. You could then lose your house to foreclosure and have a huge financial mess. However, renting a house may be even riskier. When you buy a house, you have control of the property and know what the mortgage payments will be. When you rent, you have no control and could find yourself paying more and more while also having to constantly move. What are the risks
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