Recently I was asked why it would be better for someone to buy a home right now rather than continue to rent. I was given the who speech about how the "market hasn't hit bottom" and "we haven't seen the worst" yet. Al of which I simply respond to with, ok. What do you say? When someone has their mind made up before they ask you a question there's not much left to say. Rather than talk about how interest rates are lower than they ever have been, lending IS available, yes I said IS, and houses are more affordable than they have been in years, I decided to find out the answer to the question, why should you buy when you can rent.
Pros and Cons of Ownership
How can you tell whether owning a...