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Renting v. Buying

Renting v. Buying

I think buying is for younger people and renting is for the older.

But renting has a lot going for it. No mortgage, no property taxes, no maintanance.

Certainly, almost all new developments being built near me are rental.

And many young folks are on board.

We owned a house for many years. Then we sold and put the proceeds into an investment account with a great financial advisor. He showed us how the cash generated from the account could pay our rent. Just the cash, without touching the value of the account.

Content written and posted by Ken Abbott

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