HOW DOES RENTING COMPARE WITH BUYING A HOME?
Renting: You don’t need to deal with or pay for upkeep & maintenance, but you lose the chance to build equity (return on investment) & freedom to decorate without permission. You abide by the landlord’s rules and needs. Owning: You are building equity with every mortgage payment. You have freedom to modify you home as you wish and have security in your home.
