Discord is laying off 17 percent of employees
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It's what it sounds like. It's the rent that would be equal to the overall cost of owning a home.
Basically they use it to say that if renting an apartment costs $700 a month with utilities it's better to rent than to own a home with a $600 mortgage and $300 in utilities and upkeep.
Basically it's a "you will own nothing and be happy" cope.