Tag Archive for: rent vs buy

Renting Vs. Owning When Rates Are Over 7%; What the Doomsayers Miss!

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The media are scaring the sh*t out of potential buyers again! And another myth they are pedaling is that it is now far better to rent than it is to own.Read More

Rent vs. Buy Analysis In A High Rate Environment = Utter Nonsense

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Interest Rate News Lags; Interest Rates Change Constantly I listened to a news report last night in which the reporter explained that interest rates recently ROSE almost 1/2 percent. It […]Read More

This Is Why Every Renter Should Consider Buying Now

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WHY OUR CONDO IS THE PERFECT INFLATION HEDGE My wife Heejin and I own a rental condo in Scottsdale – with a small, fixed-rate mortgage and quickly increasing rent, as […]Read More

Rent Vs. Buy Comparison – Follow Up To Responses; ADU Follow Up Too

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Yesterday, I blogged about Rent Vs. Buy Comparisons In The Age of Inflation, and I got a surprising amount of feedback, including the following: “I put 5% down, and my […]Read More

Rent Vs. Buy Comparisons In The Age Of Inflation

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$500,000 HOME APPRECIATES $200,000 IN 9 MONTHS My wife Heejin bought a house in Plano, TX, in November for $519,000. We put down 20%, and our PITI is $2,725. The […]Read More

Should You Rent Or Buy A House?

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Should you rent or buy a home? Many people are considering buying a home – and for a good reason! There are many advantages to buying a home: enjoy more space, build equity, and decorate and paint the walls however you like without asking a landlord. But, there are advantages to renting – especially if you are considering moving soon and don’t want to handle any of the maintenance or repairs that come with homeownership.Read More

Rent vs. Buy Calculators; A “Must” for Renters Nervous About Payments

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Below is a repeat of a blog from September of 2014. It is still applicable today. Interesting aside: the rate quote was 1/8% higher than today’s rate, so rates are […]Read More