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Depending on the market, there are times when renting is actually cheaper than buying, also considering that you pay taxes, repair, and maintenance on a house y
by acangiano 16y ago
Depending on the market, there are times when renting is actually cheaper than buying, also considering that you pay taxes, repair, and maintenance on a house you own.
See here for an elementary explanation: http://www.khanacademy.org/video/renting-vs--buying-a-home?playlist=Finance http://www.khanacademy.org/video/renting-vs--buying-a-home?p...
- zeroplus 16y agoYou arent taking into acct the investment value of the downpayment. Plus the benefits of having high liquidity