[Mortgage Is ‘Just A Fancy Bullsh*t Word For Paying Rent For 30 Years To The Bank,’ Says Real Estate Billionaire Grant Cardone — Here’s Why Renting Could Be A Better Financial Move
](https://finance.yahoo.com/news/mortgage-just-fancy-bullsh-t-171148202.html?guccounter=1)
Yeah, gonna call bullshit.
Bought this house 3 years ago, and my mortgage payment is half of what a comparable house would cost to rent. Mortgage payment includes property taxes and homeowners insurance. Plus I’ll own it in 12 more years and can already use it as equity.
Yeah, that’s the secret. The housing market was much better for buyers a few years ago.
The equity part is the big one. We were able to refinance and pay off a lot of our mountain of debt.