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Mortgaging versus renting
Some people have arguments about whether it's better financially to mortgage a place to live, or to rent one (either saving for a cash purchase later or just renting for life). The answer could depend on many future developments hard to predict, from the movement of financial markets to events like unemployment, hyperinflation, institutional collapse, wars and disasters, or government makeovers, and I can't write a program to calculate these. But for some quick "back of the envelope" figures, put your guesses into the simulator below and press the button. Use this at your own risk
figures are sent to my site.
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