Renting vs. Owning a Home: Whats the Difference?
Choosing to rent or buy your home is a major decision that affects not only your lifestyle but also your financial health.
Real estate ownership is touted as an investment that is likely to build equity and a source of tax deductions. Renting also has its advantages, including little to no responsibility and flexibility. However, people often believe that buying a home, rather than renting, is the more financially sound decision.
Original Article Source Credits: Investopedia , https://www.investopedia.com/
Article Written By: Christina Majaski
Original Article Posted on: May 31, 2021
Link to Original Article: https://www.investopedia.com/articles/personal-finance/083115/renting-vs-owning-home-pros-and-cons.asp