Articles Tagged ‘own home’
The Economics of Renting Versus Buying
Monday, May 30th, 2011
Buying a home is part of the so-called American Dream. It gives homeowners a sense of pride, as well as the freedom to do as the please (within reason and within the law) with their property. But there’s a lot to be said for renting, too. It doesn’t tie you down to a specific location like buying does, and it gives you definite advantages when it comes to property maintenance.
Whether it’s better to rent or buy is a matter of your specific economic and life situations. It’s important to take these into account when you make a decision.
Here...