When it comes to renting versus buying a home, each has its benefits and shortcoming. However the benefits of buying your own house outweigh those of renting a home. Purchasing your own house is an exciting experience especially if you…
Category: Renting versus Buying a Home
The Pros and Cons of Hiring an Estate Agent
Once you’ve taken the plunge and decided to buy or sell your home, you face the decision of whether or not to hire an estate agent. It’s an option that has pros and cons that only you can weigh, but…
Should Families Buy a House or Rent an Apartment: When Renting Is Better Than Buying
We are nearing the end of my series on buying a house versus renting an apartment. We’ve talked a lot about financial points that seem vacant from the general discussion. While I’m confident that most bloggers and everyday people are…
Should Families Buy a House or Rent an Apartment: If You Aren’t Thinking Lifetime Housing, You Aren’t Thinking Far Enough
If I had to identify the one major consideration that finance professionals consistently give bad advice, it would be that most people fail to realize that housing is not a 5-year, 10-year or even 30-year decision. It’s a lifelong decision…
Should Families Buy a House or Rent an Apartment: Why Home Equity is Overrated
My first post in this series was about how home ownership is more risky than renting, although less risky than most people give credit. My second post was about how the “hidden” costs of home ownership are overstated by pro-renting…
Should Families Buy a House or Rent an Apartment: Debunking the “Hidden” Costs of Homeownership Myth
I’m surprised when I read articles with titles like “the “hidden costs of homeownership.” I’ve come to find most of these articles are useful reminders to current renters not familiar with all of the costs that go into housing. However,…
Should Families Buy a House or Rent an Apartment: The Risks of Homeownership Compared to Renting
After 8 months of personal finance blogging, I’ve come to a realization: most personal finance bloggers favor renting or at least, think that the benefits of homeownership are overestimated. It’s my opinion that some facets of homeownership, like building net…
