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Notes -
Right, exactly. I watched a talk from Elizabeth Warren when she was a professor about this years ago. She encouraged people to splurge on things like restaurants and vacations rather than cars and houses because if things go south you can easily just not go out to eat versus having to unwind an expensive car or house payment.
Similar logic applies here I think.
Also it seems like in most cases the lifetime spend for renting dwarfs the cost of ownership.
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