2006-10-23 08:14:15 · 16 answers · asked by Illust_Tech79 2 in Business & Finance ➔ Renting & Real Estate
well I am buying but it is a bigger responsibility than I thought it would be. if you rent, someone else can fix stuff. if you buy, you fix it yourself, you pay taxes, you talk to the city more, you buy insurance and other stuff. it can be stressful. good luck.
2006-10-23 08:17:13 · answer #1 · answered by Ginnykitty 7 · 0⤊ 0⤋
it is better to buy a house now a days! the cheapest houses are in Texas and you get a lot of house for your money! my family and i rented a house for like 2 years and let me tell you that it was not only bad but with that money spent we could of made a partial downpayment to the brand new house in which we live now! if you rent a house you have one too mant things too worry about but if you buy the house you know that it is yours for the same price of renting a house/month!
2006-10-23 15:20:08 · answer #2 · answered by icycrissy27blue 5 · 0⤊ 0⤋
It really depends where you're looking to live. In my area, for instance, the homes sell for 1 to 5 million $, so that's a tough nut--however, many homes are owned by millionaires who live elsewhere and were purchased as investments, therefore many are willing to rent them very cheaply, just to have them occupied. I know someone who is renting one of those homes on the water, and only pays $800. a month. If he had to pay a mortgage for that house he'd be paying 10 times that, and that is not counting real estate taxes.
2006-10-23 15:34:38 · answer #3 · answered by mstrywmn 7 · 0⤊ 0⤋
Buy!........market is soft in translation that mean it is hard to sell but super good for the buyer.
Also you might get the best bang for your buck if you go with a brand new built for you....builders are throwing in all kinds of incentives and guess what....they are maybe 20 grand more than the houses that need to get fixed up...and you are paying workers not one individual. So you are keeping Americans working. Most of the builders out there aren't making much profit. So....thus they call a buyers market....have fun shopping.
2006-10-23 15:25:01 · answer #4 · answered by Joy 2 · 0⤊ 0⤋
I believe its always better to buy, but right now it is truely a buys maerket in my area. So you might be able to get more house for the money with such a large number of sellers.
2006-10-23 15:30:14 · answer #5 · answered by KYRealEstateGuy 4 · 0⤊ 0⤋
owning a house is better in terms of value as you hope the value would always go up. if a house is too much then try a condo or a town house
if you can afford to buy do it
2006-10-23 15:47:49 · answer #6 · answered by Jenn 5 · 0⤊ 0⤋
buy - property goes up in value so when you sell it you have a profit rent is just what it says - you pay $ someone else makes a profit on the house
2006-10-23 15:16:50 · answer #7 · answered by Ash 2 · 0⤊ 0⤋
It would have to be better to buy. Making certin that you have a good buy. When renting you are just throwing your money away
2006-10-23 15:16:22 · answer #8 · answered by Bo Beeta 3 · 0⤊ 0⤋
Buy and or rent a box its the cheapest!
2006-10-23 15:22:02 · answer #9 · answered by jokes_alot3 2 · 0⤊ 0⤋
rent. wait til August 07 to buy. best prices.
2006-10-23 15:16:03 · answer #10 · answered by Anonymous · 0⤊ 0⤋