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I have both owned and rented. Having done this buy vs rent calculation many times and renting generally wins. Three factors not usually considered in the buy eq
by ljsocal 1y ago
I have both owned and rented. Having done this buy vs rent calculation many times and renting generally wins. Three factors not usually considered in the buy equation:
1) the house you’re willing to rent is less expensive than the one your willing to buy.
2) the value of the time you spend maintaining a home should be included in your return calculation
3) putting a lot of $ in any one investment asset (i.e. a single family residence) is riskier than a diversified portfolio of assets.