Young professionals contemplate the rent vs buy debate

Paying $700 a month plus utilities for a three-way share in Mount Pleasant might seem too good to give up to the average District renter. Not Kevin Ogorzalek.

Living in that apartment for the past five years was indeed a money saver for the 29-year-old Chicago native, but every dollar — $30,000 to be exact — was tucked away with the intention of one day buying a home. And Ogorzalek did just that last month, closing on a two-bedroom, two-bathroom condominium at 2910 Georgia Ave. NW in Pleasant Plains.

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Mary Beth Sheridan 14 Oct, 2011

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Source: http://feeds.washingtonpost.com/click.phdo?i=41fc05921ac5f41a4f74c17e72b306e4
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