This is a topic that still comes up and we will still hear about in the future. There are several factors that come in to play when we look at the pros and cons of both. The biggest one I always talk to my clients about is what is best for them and what their goals are. So, when looking at renting in some cities it may be cheaper to rent then own a home. Rent with increase over time and the same could happen with a mortgage but it will always come back to what each individual is looking for. Some it's the American Dream to own a home. But owning a home also has its own bumps in the road at times. Maintenance of a home for some can be a lot whereas renting most of this is covered by the property. So, we can write out all the pros and cons of each and we would still land in the same spot ...
Comments
15