<prompt> Human: Received by emailDear Resident, This month homeowners in your area will pay at least a 1253.00 mortgage payment. Of that payment, only about 177.17 of that sum will go towards their equity and 1075.83 will pay interest and escrow.These homeowners will have to cut their own grass, pay property taxes and homeowners association dues. When issues arise, the mortgage company wont fix the faucet, provide pest control, or repair a leak in the roof. This weekend while you enjoy your free time, your home owning neighbor will spend their extra time and money at a home improvement store.We are glad to have you as a resident at REDACTED. While you are here, take pleasure in a completely care free lifestyle!Thanks for being our resident!  <response>: It is weird propaganda, but its not all that different from advice that you see on this sub all the time. Renting isnt throwing money away because you dont build equity. Renting gives you a place to live a real good that is worth , flexibility, and freedom from needing to finance short and long-term maintenance and upgrades on your residence. Any equity gains can be quickly eaten up if you have to sell your house in a down market, or move before youve built more than the costs of the real estate transaction. Math does seem fishy though, that would have to be one huge escrow payment to make that true, and even then... 