Rent or Buy?

Summer is traditionally the season when people tend to move. Some say this is because the weather is better for moves. Others with children take advantage of school being out. Whatever the reason, the question on people’s mind is whether they should rent or buy when they move.

This article expands on an earlier blog I had posted on making a decision about renting versus buying. The online calculators, used together, may help you make a decision about this question. There is no pat answer … except the one that is apparent to you.

Everyone is in a different situation. The answer you come up with today would be different than your answer you would come up with in the future should your situation be different.

This article in online Morningstar and at AdviceIQ.

About Larry Frank, Sr.

Larry R Frank Sr., MBA, CFP®, is an experienced financial advisor and a published author on Retirement Planning Research. Have a financial question? Click Here to Ask Larry

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4 Responses to Rent or Buy?

  1. Larry Frank, Sr. October 3, 2012 at 9:06 am #

    For a narrative that is less on math and more dialogue, here’s a good book that can walk you through the pros and cons of Rent vs Own:

    http://www.amazon.com/Rent-vs-Own-Reality-Navigating/dp/1452102538/ref=sr_1_1?s=books&ie=UTF8&qid=1349280211&sr=1-1&keywords=rent+vs+own

  2. Larry Frank, Sr. June 19, 2014 at 5:37 pm #

    Here’s another great calculator with slider bars to see the impact interactively http://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html?rref=upshot&_r=2

Trackbacks/Pingbacks

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