When Owning Your Home Doesn't Pay

cameray

New member
This might be old news to some but I thought it was a pretty good article-

One of the most important decisions that you will ever have to make is whether to rent or buy a home. People who encourage buying a home instead of renting typically make the case that if you rent, you are throwing a significant amount of money down the drain. Unfortunately, these same people tend to overlook the significant costs of owning a home. However, two things that are certain is that many people are not familiar with all of the costs associated with owning a home, and many people do not know how to compare the costs of owning a home versus renting. Fortunately, we have a process that will allow you to evaluate your options in virtually any type of housing environment.

http://finance.yahoo.com/news/When-Owning-Your-Home-Doesnt-investopedia-1609613403.html?x=0&.v=1
 
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