Reply To: Home: Own or Rent?

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#750049
WolfishMusings
Participant

Any thoughts?

Yes… that you cannot make a general rule about something like this. There are those for whom it is better to rent than to buy, and there are those for whom the opposite is true. Among the factors to be considered are:

Market conditions

Geography

Personal income

How long you intend to stay

Interest rates

Your personal credit

and on and on.

No doubt there are many people for whom it makes more economic sense to rent than to buy. But it’s hardly universally so.

The Wolf