Unformatted text preview: Topic Paragraph 3. The most important reason Renting is like throwing away your money is because it is more cost effective in the long run to own your own home. A. Houses are at an all time low B. Owning your own home is a forced savings plan Conclusion: In conclusion, although owning a home is more expensive than it looks, Renting is like throwing away your money for two main reasons. First, monthly housing expenses are not contributing to build up equity. But most importantly, it is more cost effective in the long run to own your own home....
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- Spring '11
- Economics, monthly housing expenses