• aesthelete@lemmy.world
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    4 months ago

    Idk how much of the house’s value we paid in rent, but it was a lot.

    Definitely 80-100% of it.

    Almost 20 years of renting, if all of that including the (almost certain) increases had been applied to the original mortgage you’d likely own it by now.

    They charge you everything they’re charged plus add on a profit margin. That profit margin if applied to principle on a standard 30 year mortgage would’ve paid it off earlier.