Any time there’s a story involving the high cost of real estate, we hear a mob of angry (often anonymous) voices scream, “See?! It makes more sense to rent!” We humbly disagree — but don’t take our word for it. Eric Belsky is Managing Director of the Joint Center for Housing Studies at Harvard. He’s got a whole bunch of reasons why it makes more financial sense to own your home. Five of those reasons have been nicely summarized on the blog of real estate news source Keeping Current Matters (see below).
Quick side note: The timing is interesting, given that HJCHS has also just released a report that names Los Angeles as having the highest percentage of renters of any major US metro area last year — a whopping 52%! To read Curbed LA’s take on this story, click here. And to start living the financially sound life that you have worked so hard to achieve, get in business with housing experts who will put your needs first. We’re here to help you find a home that you can afford and will love. Contact us anytime at Tracy Do Real Estate.
5 REASONS TO BUY A HOME:
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