unknown before making a judement:
1. how much will they pay for rent? how much did they pay for mortgage? Mortgage payment should be the same, what about rent? is rent = mortgage?
2. how much did they save in tax (i.e. mortgage interest payments)
3. after 15 years, they own the house. By renting it, you have nothing.
It does not make sense to say "lost or win" without knowing the above figures.
1. how much will they pay for rent? how much did they pay for mortgage? Mortgage payment should be the same, what about rent? is rent = mortgage?
2. how much did they save in tax (i.e. mortgage interest payments)
3. after 15 years, they own the house. By renting it, you have nothing.
It does not make sense to say "lost or win" without knowing the above figures.
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