Is buying a house always your best financial option? It depends on you and your life.
Does this sound like you?
- I’m much more likely to pay a mortgage than I am to put money aside for saving and investing
- I like working on a house and think renovations should be made with esale value in mind
- I plan to stay in one house for a long period of time
If it does, you might be happiest owning a home.
Or is this more like you?
- I think the stock market has better returns over time than real estate
- I have no idea where I will be living or what I will be doing in five years
- I would much rather have somebody else take care of upkeep and maintenance
If that sounds like you, it might make more sense for you to rent.

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1 Financial News Around the World » Buy versus Rent // Dec 17, 2007 at 1:13 pm
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