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Is it better to rent or buy a place? email this discussion to a friend?

btyra79 (17)4 years ago

I rented for 8 years. Now I bought my home and wish I had done it along time ago.

 
 
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tags:  6, rent or own
 
1. myLot reputation of 79/100. DeenaD (2184)   4 years ago

It depends on your situation - financially and family-wise. But at least when you own, you are building up equity in your own property. You aren't just throwing your money away, never to be seen again - you're getting something valuable for your money.

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2. myLot reputation of 84/100. flex90 (1134)   4 years ago

I think it is better to buy. You, having regretted not buying a house earlier, clearly think so too.

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