Is It Better To Rent or Buy a Home Today?
Is It Better To Rent or Buy a Home Today?
A study reveals that 70% of prospective buyers worry about the long-term effects of renting, primarily because rent tends to increase over time, making it difficult to save for a home purchase. On the other hand, buying a home stabilizes your housing costs and increases your net worth as property values appreciate. Although renting might seem cheaper initially, it lacks the long-term financial benefits of owning a home. What’s your top reason for wanting to buy a home?
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