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re: Home ownership losing importance as "American Dream"
Posted on 6/4/14 at 1:24 pm to Tiger n Miami AU83
Posted on 6/4/14 at 1:24 pm to Tiger n Miami AU83
quote:
This is all market specific. There is no right or wrong answer and even in a given market, it changes.
This, I have owned in Houston for 3 years now. It has been a great decision for me overall. My note is much less than what a comparable rental would be plus I'm building equity and the property is currently appreciating. Its also much nicer not having to worry about moving or re-negotiating rent every 1-2 years. Property taxes are the down side though.
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