When you are thinking about buying a home, you must consider many things. Is it less expensive to rent or own is definitely one of the big questions.
Why Rent When You Can Own
According to this article in CreditDonkey.com: ” Homeownership has always been considered the gateway to the middle class and a benchmark of the American Dream. However, many families have chosen to find domestic bliss without paying a mortgage in recent years. What they’re missing are the big benefits of homeownership that just can’t be replaced by renting.
Research shows that owning your own home has distinct advantages over renting, especially when it comes to building your net worth and providing a stable environment for your family. If you’re sitting on the wrong side of the white picket fence debating whether to rent or buy your next home, read our list to see why owning your own home is better than renting.
We are going to cover a couple of reasons here: