Renting vs. Buying
Turns out, buying a home is a huge decision. (Just kidding, obviously we all know that). But what we don’t think about that often is that by renting, we are also actively deciding not to buy. Whether we realize it or not, we are actively having to make the decision over and over again about whether to buy or rent. Because of this, we thought it would be helpful to give a quick rundown of things you should think about when it comes to renting vs. buying.
Down Payment
Renting – The initial payment to move into a rental can still get steep, with many places asking for first and last month’s rent plus a security deposit. However, even with the somewhat steep upfront cost, there are no more unexpected costs.Â
Buying – With buying, you have to put…
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