1550
What a benevolent lord!
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Buying the house would be a lot cheaper if landlord weren't hoarding properties, then you might have a 1300 a month mortgage instead of a 1300 a month rent
All y'all need to sit down with a mortgage calculator, a rent index, and do this in a few cities. None of you seem to have an idea what's really happening all over, which does admittedly vary. Rent being less than the mortgage is a very, very common thing, even now.