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Renting Makes More Financial Sense Than Homeownership
http://www.smartmoney.com/home/living/index.cfm?story=rent&cid=1012

By Jack Hough
April 18, 2007

I HAVE SOMETHING un-American to confess: I rent an apartment, despite having enough money to buy a house. I plan to keep renting for as long as I can. I'm not just holding out for better prices. Renting will make me richer.

I normally write about stocks for SmartMoney.com, but the boss asked me to explain to readers my reason for renting. Here goes: Businesses are great investments while houses are poor ones, so I'd rather rent the latter and own the former.
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