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Rent vs Own a Home

WHICH IS BETTER FOR ME?

 

Almost every day  we get this question from customers.    We always say that it’s better to own a home than to rent one, especially in the current housing market.

We usually point two main reasons:  from a financial and a fiscal prospective, although the owner of a home pay more fees (mortgage interest, home maintenance etc), through the years home owners save a ton of money by owning a property.

In the attached chart

Rent vs Own BIG

 

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