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Renting vs Owning: The Best Choice for a Home Might Surprise You

2 days ago   |   By RIS Media

The choice of whether to rent a home or buy one is becoming tougher in today's hot real estate market, and renting might be a better choice than you think.
The conventional wisdom is that the tax benefits of buying a house make it preferable if you can afford the down payment. When rents are high, buy. When homes cost too much, rent.
The decision becomes more complex, however, when median homes prices are as high as they are now and rents are rising swiftly, too.
Renting might be the best decision if you don't plan to live in a home at least five years, you can't make a substantial down...
Read more ...

 


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