rent or buy a house: Buying a home vs renting. What's the difference?
- 10/14/22 05:54 AM
Buying vs renting
Are you trying to decide if it makes more sense to rent or buy a home today? If so, here’s what you need to know. Renting and owning are fundamentally different in so many ways. And owning a home has the power to change your life. Take a look at this. The net worth of a homeowner is significantly greater than a renter. On average, a homeowner’s net worth is about three-hundred-thousand dollars. On the other hand, a renter’s net worth is about eight thousand dollars. Let that sink in for a moment. That means a homeowner’s net worth … (2 comments)
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rent or buy a house: Should I buy a house or rent
- 08/09/22 06:03 AM
Should you rent or should you buy a home? With inflation rising, you may be wondering if you should put your plans to buy on pause. Here’s some information that may help you make your decision This graph shows the median asking rent since nineteen eighty-eight. What stands out to me is how steadily it’s been rising each year. If you’re still renting, ask yourself: how many times has your rent gone up? Probably every time you started or renewed a lease. And as inflation raises prices all around you, that can be a harder pill to swallow these days. But … (5 comments)
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