Is It Better To Rent Than Buy a Home Today? And while that m…

Is It Better To Rent Than Buy a Home Today?
And while that may be real in some markets if you just look at typical monthly payments, there’s something that the numbers aren’t factoring in: which’s home equity. Here’s how that stacks up compared to renting, making use of the basic median rent from above: While you may conserve a bit on your month-to-month payments if you rent right now, you’ll similarly lose out on out on getting equity. Purchasing a home uses you an advantage leasing just can’t use– and that’s the opportunity to get equity when it comes down to it.

And while that may be real in some markets if you merely look at normal regular month-to-month payments, there’s one thing that the numbers aren’t factoring in: and that’s home equity. When it comes down to it, acquiring a home offers you a benefit renting merely can’t offer– and that’s the possibility to get equity.