By: Wendy
I am happy that someone agrees with me that homeownership is not always the best option. Often people fail to add in utility cost, which you can never get back. Add at least 200.00 per month for 30...
View ArticleBy: captainhurt
In reply to <a href="https://www.getrichslowly.org/does-renting-make-sense/#comment-3178182">Teresa Warren</a>. paying off a mortgage is NOT a "benefit". it is the final action in...
View ArticleBy: Andy
Another issue not address is that in many large cities condo ownership is the only realistic manner of buying real estate. Owning a condo can be a nightmare for many reasons (crazy neighbors, crazy...
View ArticleBy: Carolina
Great tips, the P/R ratio is a great tip! We currently moved to Italy and found couple of places, and using P/R ration identified the best to rent and not to buy. Thank you!
View ArticleBy: Jenny
If you are planning for the investment purpose only then yeah renting is not a better idea, it totally depends upon for what purpose you are planning for the property to live or to rent.
View ArticleBy: Alain
In reply to <a href="https://www.getrichslowly.org/does-renting-make-sense/#comment-221041">Alexandra</a>. Very interesting post Alexandra. I totally agree that buying a home is forced...
View ArticleBy: Palm Shadows
Renting and buying are completely dependent on time and situation. If there are any uncertainties, renting can be a great way to go. Thanks for sharing.
View ArticleBy: Stefanie
I definitely don’t think renting is throwing money away – but it some areas, like mine, it most certainly is. Our miniscule one bedroom apartment in northern Alberta costs 1100 per month (rent raised...
View ArticleBy: Eric Franke
In reply to <a href="https://www.getrichslowly.org/does-renting-make-sense/#comment-222931">Dollars Not Debt</a>. Agreed. Appreciation on a home will never come close to the 7-8% your money...
View ArticleBy: Eric Franke
In reply to <a href="https://www.getrichslowly.org/does-renting-make-sense/#comment-222421">Craig</a>. This very article explains how "throwing money away on rent" is a myth.
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