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Paying $2,500 a month in rent? That’s $30,000 a year. If owning a home is your goal, it may be time to explore your options. 🏡

Money Myth 1: Rent is throwing away money.

Owners lose money every month too. Mortgage interest, property tax and repairs never come back, just like rent.

The catch: renting only wins if you actually invest the money instead of spending it.

“It is not a smart investment right now to put a lot of money into a single family home at this 7% mortgage rate.” @austinhankwitz.bsky.social

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Paying $2,500 a month in rent? That’s $30,000 a year. If owning a home is your goal, it may be time to explore your options. 🏡

Money Myth 1: Rent is throwing away money.

Owners lose money every month too. Mortgage interest, property tax and repairs never come back, just like rent.

The catch: renting only wins if you actually invest the money instead of spending it.

“It is not a smart investment right now to put a lot of money into a single family home at this 7% mortgage rate.” @austinhankwitz.bsky.social