Thursday, July 3, 2014

Should You Rent Or Buy?

One thing people tend to stress over is whether or not they should purchase or rent. How does one decide which is right? Reading advice pieces like the following will help make the decision for you.

“Given how high rents are and how low home values are in many markets, buying may appear to make financial sense even if you’re only going to be there for a couple years,” says Svenja Gudell, director of economic research for Zillow. “But then you have to consider the emotional stress that goes along with buying a home, moving and adjusting to a new neighborhood. It’s not the sort of stress most people want to deal with every 2 years.”

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