THE PROS AND CONS OF RENTING VS. OWNING A HOME (VIA ASHLEY FEINSTEIN OF MASHABLE.COM)

Home ownership is a goal for many growing professionals. As a person’s total income increases, naturally, they can start to think about building equity in a potential place of residence. However, for many renting remains a more viable and financially wise option. As such, it is crucial that consumers understand the costs and benefits of owning vs. renting, as the decision can carry enormous financial implications.

In Ashley Feinstein’s accompanying article, the pros and cons of home ownership are discussed in great detail.

The information offered by Ms. Feinstein’s piece may turn out to be rather eye opening. For instance, did you know homeowners can declare official discount points on their taxes? Were you aware that they are responsible for all maintenance and repairs too? To learn more about home ownership and renting, please click here.

One comment

  1. […] of their lives should become intertwined. This could include the purchase of a living space, either by renting or owning said property. It could mean establishing a shared inner circle of friends. We should not forget […]

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