No. of Recommendations: 1
It also seems that we're comparing "renting a cheap apartment" with "buying a really expensive house" in a lot of these. Around here (Plano, near Dallas,TX) you can buy a house/townhome for less than you could rent the identical property. Admittedly homeowners have higher maintenance costs, but they also get some tax breaks and are appreciating value. If your monthly housing expense is the same when buying as it would be when renting, and buying fits your lifestyle better, then why on earth would you rent?

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.