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Posted by Spencer Rascoff on 08/21/2009 02:57 PM   Comments (3)   Rent vs. Buy in the Home Buying Channel   tv, zillow, cnbc, rent vs buy  
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3 Comments on On CNBC discussing buying vs renting

AUG
21
2009
507,715 Points 9 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Spencer you definitely represented. I wished that I would've saw it. One of the best things you said was It is dangerous to time the bottom as a buyer. Have a great weekend. Great post.
4:50pm • #1
AUG
22
2009
Outside Blog

Congratulations on getting on CNBC!  Great comments.

 
5:54pm • #2
AUG
24
2009

Spencer,

Great points. One thing often overlooked in the housing discussion is that even if home prices decline another 5-10% over the next 12 months, interest rates will be at least 1% higher. This will lead to your payment being the same or hihger as it would be now. If you are in the home for at least 5-7 years, as you pointed out, you will come out ahead.

Doug
11:22am • #3

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Spencer Rascoff

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