Is it Better to Rent or Buy a Home in Today’s Economy?
Again we find ourselves facing another financial dilemma: should I rent or should I buy? And just like many other financial quandaries, we have seen the example of our parents and perhaps friends but have little true professional knowledge to base our decisions on. We get a lot of advice from those around us, which is VERY tempting to listen to, but should we? For me the answer is “Don’t ask a butcher how to bake a loaf of bread!” It’s a good idea to listen to everyone you meet in your life, but it’s an even better idea to consider who is giving the advice when you’re faced with a decision.