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Homes: Rent or Buy? (Stacy Johnson) - [5/10]

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Editor's rating: 5/10

Should you buy a house or rent it? We all want to own a house but with the falling costs of property along with the rising rate of foreclosures it has turned to be a tricky question to answer.

Find out which one is the right option for you...


Last edited by Jason on Fri Apr 11, 2008 9:15 pm
 
About Video : Owning your own home: an idea so popular its known as the American dream. But as prices fall and foreclosures rise, for many its become a nightmare instead. How do you know whether renting or owning is the way to go?

Duration : [ 1 mins 19 secs ]

Video submitted by : Jason
Jason's total Posts : 601
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Shazzers Moderator
Shazzers
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PostPosted: Fri Apr 11, 2008 7:04 am 

This video makes sense! It isn't always advantageous for EVERYone to own a home, it depends on circumstances and lifestyle.
 
SUEBEEHONEY70 Moderator
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PostPosted: Fri Apr 11, 2008 10:06 am 

I'll probably never own a home again. Once burned, twice shy. And my credit is damaged for many years to come by the entire mess.

If I ever do buy again, it will be a retirement cottage on the shores of my favorite lake, many years in the future.
 
Denny Site Admin
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PostPosted: Sat Apr 12, 2008 3:38 am 

A good video. It gives you some points about whether to buy or rent.

Question to the community members
How do you decide whether to buy or rent? Have you ever made a decision like this?

I will buy only if I feel my job is stable and I can get a house near work place. I need to save more time for my stuffs by reducing traveling. Rent works good for me.
 
Shazzers Moderator
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PostPosted: Sun Apr 13, 2008 8:23 am 

In answer to your question Denny, I have purchased two homes so far. For me it was, job stability, location, interest rates, and my lifestyle.
 
Denny Site Admin
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PostPosted: Sun Apr 13, 2008 10:40 am 

Shazzers, thanks for the answer.
 
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