Food For Thought Renting vs Purchasing
Whether you rent or own…you’re paying a mortgage…it’s just that it may not be yours. How much sense does that make? Rents are escalating at such a rapid pace, that you may be better off purchasing a home and getting equity building and interest deduction, in the process. In fact, after those deductions factor in, your net nut, may be less than you’re currently paying in rent. Don’t make someone else a millionaire… make yourself one.