Re: What is your rent?
Yea, perhaps the cost of renting/buying is similar in some areas, but for most of the big areas (i.e. Los Angeles), it's not even close. I pay $925/mo in rent, which seems like a lot, but when you consider the alternative of paying $1,900/mo for an interest only mortgage on a $350,000 condo (which is about average for the L.A. area these days), and when you couple that with the fact that the housing bubble could be at its bubbliest, renting doesn't sound too bad at all, especially if you're still young.
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