this post was submitted on 03 Feb 2026
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A Boring Dystopia
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Is it better to pay mortgage interest to a bank?
Generally yes, because you are also building up equity that way. Renting is just money wasted down the drain.
It's not wasted. You get somewhere to live for the month for the rent. It's like saying all food I buy is wasted money because I'll just be hungry again next month.
ok boomer. Houses are not appreciating any more. The Ponzi scheme reached it's limit in 2022.