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Slang:
"Mortgage or Rent"
Example Sentence: "Hey, did you know that mortgage rates are like rent prices? I mean, they're super high and you've got to pay it back monthly, but when you get a new house, the interest rate goes down and you can actually save money by paying less. It's all about smart planning!" Slang Explanation: "Mortgage or Rent" is a term that refers to the cost of borrowing funds, often in relation to housing. Here, it implies that with high mortgage rates, people have to pay more interest than they'd normally be able to afford from a rent, potentially making it financially burdensome for them and their families. Egygion: "Rent is like mortgage payments, but you're only paying 10% of the total amount."
