Buying vs Renting, makes more "cents"

[David Burg]

With interest rates low, and inventory high,

Now is a great time to stop renting, and buy!

I have been a Professional Realtor in Southern California
for well over a decade. Right now, in most cases, rental
amounts are higher than your mortgage would be if you purchased.
If you, or someone you know, is looking to buy, sell, or have their
property managed, I would appreciate the introduction.

[Gino Barbaro]

@David Burg

Hi David

Buying a home is a personal decision based on each person's specific situation in life.  Where I live in New York, taxes crush you and renting sometimes makes sense, due to the fact that appreciation in the market is pretty nonexistent.  On the other hand, there is a special feeling when you can turn the lights on and call it home.

Live by the rich dad mantra, your home is not an asset, unless you uncap the equity and use to invest.  Risky proposition unless you have a sound strategy to invest.

Demographics are starting to point towards more people renting because they want the freedom to move whenever and not to have any hassles with home ownership

Gino