Renting vs. Buying and Looking at the Numbers
Posted by Gurpreet Ghatehora on
Renting is common and certainly the most convenient way to get a roof over your head when you are first starting out. Everyone has rented a property at one point or another, either as a student, newlywed or bachelor. Renting is quick and easy and doesn’t involve the financial or legal commitment that comes with home buying, however, the renting vs. buying debate isn’t much of a debate when you consider all the facts.
In the Beginning
Initially home ownership may seem like a pipe dream because saving up a down payment can be hard and requires a lot of discipline (not to mention excess funds). But if you can stash away a little bit of money each month you will be successful. It may take you years to achieve your goal but its worth it in every way. Renting vs.…
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