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Comment Re:Does your math even make sense? (Score 1) 121

"Whether I'm paying a mortgage or rent, what difference does it make in my viability when property values double?"

The difference is that a mortgage does't go up, because it is the amount of money you borrowed to buy the property, and that transaction in the past doesn't change because prices are changing now, while the rent will likely double itself.

Now, granted, your property taxes are gonna go up, but that's a cost you were going to be paying indirectly as a renter anyways.

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