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Paying rent on time is the most important way to keep your landlord happy. There are some compelling benefits to rent over owning your home, and most of them are financial. For most people looking to get a house, taking out a mortgage and buying the property directly is their path to homeownership. Paying rent late can result in costly late fees or even the end of your tenancy. Homeownership may be the stereotypical american dream, but there are many reasons why some families prefer renting.
For some strange reason, this debate mainly circulates around homeownership.
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