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As Investment, Renting Beats Owning '100% of Time'

Discussion in 'Economics and Financials' started by texasPHINSfan, Feb 16, 2012.

  1. texasPHINSfan

    texasPHINSfan New Member

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    I read this article and it really resonated with me. As a current renter and former homeowner who lost money on a home in the past, I think this article hits the nail on the head. Granted it was a limited study, but the results have some value.

    http://www.cnbc.com/id/46413058
     
  2. Stitches

    Stitches ThePhin's Biggest Killjoy Luxury Box

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    Katy, TX
    It's definitely not an investment to make money on, especially if you take all 30 years to pay down a loan.

    Some of the other people quoted in the article have a better view of home ownership IMO though.
     

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