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It's no secret that the majority of the younger generations are renting for longer than their elder counterparts. With an abundance of student loan debt and soaring home prices, it's no wonder why most people are turning to renting. However, as rent prices steadily increase, is it better to bite the bullet and invest in a home? The decades-long debate about renting versus buying is far from over, but here are a few things to consider to help you make the best decision for you.

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