An interesting article on Bloomberg.com.
Two Deutsche Bank analysts believe that falling home prices and rising rents have contributed to biggest cost savings for homeowners relative to renters in atleast 2 decades! While one understands the non-monetary benefits of owning a home, the charts show advantages of owning vs renting in numbers as well.
For more information on the article and to see the chart that displays fourth quarter figures for 2002-2011, visit Bloomberg.com
More real estate tips to help you make your real estate decisions. Please share below your own analysis on rent vs buy.
Bela Vora, REALTOR®,
Coldwell Banker Preferred - Exton
Office: 610 363 6006; Cell: (484) 947 3127
Website | Facebook | Blog
Two Deutsche Bank analysts believe that falling home prices and rising rents have contributed to biggest cost savings for homeowners relative to renters in atleast 2 decades! While one understands the non-monetary benefits of owning a home, the charts show advantages of owning vs renting in numbers as well.
For more information on the article and to see the chart that displays fourth quarter figures for 2002-2011, visit Bloomberg.com
More real estate tips to help you make your real estate decisions. Please share below your own analysis on rent vs buy.
Bela Vora, REALTOR®,
Coldwell Banker Preferred - Exton
Office: 610 363 6006; Cell: (484) 947 3127
Website | Facebook | Blog
If you'll just be living in the house a few years or the fee is low, then renting can be a sensible option. In most cases, it's better to own a home rather than to rent as you get to pay money towards owning your own property. A home loan, however, is a long-term and substantial amount of debt so it's important that you evaluate your job stability and financial status before you decide on.
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