Is it better to rent or buy a place?

United States
October 16, 2006 2:54pm CST
I rented for 8 years. Now I bought my home and wish I had done it along time ago.
2 responses
@flex90 (1441)
18 Oct 06
I think it is better to buy. You, having regretted not buying a house earlier, clearly think so too.
@DeenaD (2684)
• United States
16 Oct 06
It depends on your situation - financially and family-wise. But at least when you own, you are building up equity in your own property. You aren't just throwing your money away, never to be seen again - you're getting something valuable for your money.