Renting Vs. Buying
Today's rates are low enough that your house payment could be lower than
your rent payment. Also, every rent check you write is building your
landlord's equity. Wouldn't it be better if those checks were building
your equity. Your home is a great long term investment. All
those improvements you make are probably building your equity and helping
your investment. In addition, your real estate taxes and interest on
your mortgage are often deductible from your income tax. Home
ownership makes you feel good when you have your family and friend
gatherings.