Holidays Pose Dilemma for HomebuyersPosted by Brandon Vasquez on
We have all read recent stories about the increase in numbers of people looking for rentals. It raises a question. Does it still make sense to buy? The answer requires a potential buyer/renter to do some soul searching.
If you are looking for a short term place to live…..renting may make sense. However, I continue to firmly believe that home ownership is the foundation of a strong personal financial plan. Over the long hall, I believe a person will be better off owning property in terms of capturing future appreciation and taking advantage of tax benefits. In many ways the current trend towards renting reminds of the human tendency with stock purchasing: buy high and sell low. Of course that is the opposite of what you should do. So too…
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