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I think this has come up before when that video was posted here but when you consider buying vs renting you really need to do the calculations for your specific
by pmorici 13y ago
I think this has come up before when that video was posted here but when you consider buying vs renting you really need to do the calculations for your specific situation that should be the only take away from that video. Taken as general advice that you should always rent and never buy it's pretty horrible just as the opposite is horrible advice in general.
It's pretty easy to get a rough idea of what is better in your area using a rent vs buy calculator the New York Times has a good one...
http://www.nytimes.com/interactive/business/buy-rent-calculator.html http://www.nytimes.com/interactive/business/buy-rent-calcula...