Does Renting Make More Sense Than Buying?
By Nathan Gesner, Broker / Property Manager
(American West Realty and Management)
Some people don’t think buying a home makes sense. They feel like renting is a smarter move. On the other hand, some people think renting doesn’t make any sense. For the most part, arguing it one way or another is about as useful as arguing politics or religion — whatever “side” you’re on, you have your point of view, feelings, and reasons. But there are also people who are open to debate. If that’s you, read on. This will give you some food for thought and help you make up your own mind about whether it makes more sense to buy a home or rent one.At least you have the optionPicture living back in Medieval times. Only a few people are allowed to own land, and you’re not one of them. You can live on a lord’s land, but you’ll have to give him a certain percentage of whatever you grow or ra...