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Originally Posted by Wagner
Exactly. So the blanket "unless you're buying for profit, rent" statement makes very little sense to the average person. I'm kind of curious of the notion that the two individuals posting saying in the lines of "it is an investment" are both from California  |
I didn't say (or didn't mean to say) that unless you are buying for profit, you should rent. Those were your words. I said that unless you want to have an equity position, which implies you can either make a profit or take a loss, accepting that both are real possibilities, you should rent.
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