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[-] Neato@kbin.social 2 points 1 year ago

Mortgage payments build equity and when you move you can sell the property and recoup nearly all of that. Rent is gone.

Foreclosure is a huge issue that needs to be addressed in legislation. All that equity should still exist for the homeowner even if they stop being able to afford payments.

this post was submitted on 09 Nov 2023
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