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> Average rents are cheaper than average mortgage payments

The average mortgage is for a family, the average rent is for a broke young worker or student living in a much smaller and worse accommodation.

Renting is always more expensive than a mortgage for the same housing unit, because the landlord needs to make a profit from his tenants.

Cooking the numbers won't change reality. The truth beats all the lies, no matter how many lies.



The median renter is 42 years old.

Even a basic Google search would have saved you needing to post that comment.

[1]https://www.zillow.com/research/renters-housing-trends-repor...


> The median age of a renter is 42 years old and about half (46%) of renters are under the age of 40; only 10% of renters are in their seventies or older, and 15% are in their sixties. In other words, the age distribution of renters trends younger than the overall US population.

Which tells us exactly what the GP brought up: renters are younger than buyers.


Age doesn't matter. The median renter has smaller and worse housing than the median mortgage payer.

For the same accommodation, renting is always more expensive than owning.




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