Comments on: Carnival of Debt Reduction #125 http://www.debtreductionformula.com/blog/carnival-of-debt-reduction-125/ Reduce Expenses + Increase Income + Discipline = Get Out of Debt Fri, 05 Mar 2010 09:37:31 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: Ryan Healy http://www.debtreductionformula.com/blog/carnival-of-debt-reduction-125/comment-page-1/#comment-2543 Ryan Healy Tue, 05 Feb 2008 17:18:55 +0000 http://www.debtreductionformula.com/blog/carnival-of-debt-reduction-125/#comment-2543 You're welcome, Squawkfox. We're currently renting, too. We got a bigger house for less money than we were paying on our mortgage. For a long time, when interest rates were low, it made more sense to buy. But there's been a lot of downward pressure on rental rates in the last couple of years, which makes it better to rent in my area. You’re welcome, Squawkfox.

We’re currently renting, too. We got a bigger house for less money than we were paying on our mortgage.

For a long time, when interest rates were low, it made more sense to buy. But there’s been a lot of downward pressure on rental rates in the last couple of years, which makes it better to rent in my area.

]]> By: squawkfox http://www.debtreductionformula.com/blog/carnival-of-debt-reduction-125/comment-page-1/#comment-2540 squawkfox Tue, 05 Feb 2008 16:58:42 +0000 http://www.debtreductionformula.com/blog/carnival-of-debt-reduction-125/#comment-2540 Thank you for the link Ryan! I too really enjoyed the second article. Due to the housing market craziness in the last 5 or so years I made the decision to continue renting. In the city where I live, housing prices just went bonkers and I couldn't rationalize paying more mortgage interest per month than rent. I've run the "Rent Vs. Own" numbers HUNDREDS of times and still get ahead by renting as long as I save my money and don't consume it. Thank you for the link Ryan! I too really enjoyed the second article. Due to the housing market craziness in the last 5 or so years I made the decision to continue renting. In the city where I live, housing prices just went bonkers and I couldn’t rationalize paying more mortgage interest per month than rent. I’ve run the “Rent Vs. Own” numbers HUNDREDS of times and still get ahead by renting as long as I save my money and don’t consume it.

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