3 ms·
I'm in the process of buying a house. My monthly payment will be ~$300 less than what I'm paying for rent now for a similar house, and I could probably break ev
by rsheridan6 14y ago
I'm in the process of buying a house. My monthly payment will be ~$300 less than what I'm paying for rent now for a similar house, and I could probably break even (taking into account maintenance) if I had to pay a property management company to rent it out in the even that I needed to move.
And in 10 years, who knows what rent will be? I know what my house payment will be, modulo possible changes in tax and insurance rates.
Not all markets are like that, but in some cases it does make sense to buy a house.