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RE: Homeowner Or Renter ?

in LeoFinance2 years ago

Yeah, especially when interest rates are low it make sense to lock in a mortgage as those cost of that debt doesn't inflate while the cost of money does.

There is a ratio somewhere that shows whether buying or renting makes sense present day, which in some areas of America renting actually makes more sense.

I still lean toward ownership tho, especially since I turn them into rental properties.

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If you can use it for renting or something like airbnb, renting a sofa or a room then you can even pay the monthly repayment. I also thing that buying is better especially in the right circumstances