Renting vs owning – what's cheaper
Cost per week to own vs rent an example property (shown over 32 years)
Year 2
4
6
8
10
12
14
16
18
20
22
24
26
28
30
32
0
500
1000
1500
2000
$2500
Owning
Renting
Renting is often cheaper at the start
Mortgage paid off