To rent or to buy? That is THE question. It used to be such a simple question with a few tried and true answers depending on one’s lot and station in life. Now, to put it lightly, not so much.
There have been just a few changes over time, perhaps even today while you are reading this, that play a role in making that choice [insert sarcasm here]. Times have changed; social values have changed; the roles of men and women in the economy have changed; life expectancy has changed; the process for buying and financing homes has changed; the ways people work and live have changed; the ways people save and spend money have changed; the speed, accuracy and flow of information has changed; all in all, everything has changed. As we will see, all of these changes, the current real estate crisis and more, play critical roles in deciding whether to rent or whether to buy.
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Posted on 24, Aug |
Posted by malickson
