rent versus buy: Top 9 Reasons Why Buying is Better than Renting!
- 05/09/11 03:54 PM
The top 9 reasons why buying is better than renting, especially right now are as follows: •1. Affordability is at an all-time high. Across the nation, and especially in Southern California, prices have declined by 40% to 60% leading to a historic period of housing affordability. •2. Currently buying costs much less than renting. According to many recent studies, the gap between monthly mortgage payments on a median-priced home and the median rent has changed to favor buying over renting in the last three years. •3. Buyers can take advantage of tax benefits of home ownership. Perhaps the biggest tax breaks is … (0 comments)
The top 9 reasons why buying is better than renting, especially right now are as follows:
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