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New Content Alert: Rent vs. Purchase

posted March 21st, 2007 @ 5:57 pm by The Tim

New content has been posted to the “More…” section: Renting Vs. Purchasing: Buy If You Must. Why Must You Buy? by Eleua and yours truly (The Tim).

One additional comment I would make about the analysis is that I’m not trying to say that no one should ever purchase a home. I’m just saying that home ownership should be sought after for the stable roof over one’s head rather than for some sort of financial gain. Even in a balanced market, ownership is not going to be a money-making venture. As Eleua puts it, you should look at buying a home “as your nest, rather than your nest egg.”

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