Buy or Rent
By angelahohn
@angelahohn (67)
United States
29 responses
@angelahohn (67)
• United States
11 Nov 06
I will have to move every 3 years or so. Do you think I should consider buying or rent?
@ssgsblond69 (9)
• United States
11 Nov 06
I have been a Milspouse for 16 yrs. I own a home in TN, I've been in OH, GA and now VA. I've rented my house out since 1998. To me it is now an investment. If we would have sold it back in '98 when we got orders, it was only worth $45,900 now it is worth $94,000. So, I am glad I kept it.
@heartbeat01_s (3)
• India
11 Nov 06
Buying or Renting depends upon use of the thing.If the thing is used time to time it is profit to buy it and if it is used rarely then hiring is benefitial.
@hotcherry_10 (265)
• Philippines
11 Nov 06
Buy, I don't want to think about the monthly rental bills. But if I move a lot, I think I will rent.
@harmonium (547)
• Canada
11 Nov 06
i think the best is to wait put some cash on the side until morgage interest gos up and then house price will go down at a very high interest rate in 5 years so for now i will rent :)
@angelahohn (67)
• United States
11 Nov 06
So you would rather pay less for thehouse atthe higher interest rate than buy now while the rates are low?
@jpclass84 (42)
• Australia
11 Nov 06
buy coz the property will be your eventually & most important when the value of the place goes up, you can use the equity to borrow more money.
@angelahohn (67)
• United States
11 Nov 06
Why do you say this? What if a person say in the millitary had to move around alot? What advice would you give then?
